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...accused launderers knew their business well, authorities say. By rapidly shuffling ill-gotten cash through a kaleidoscopic array of banks and shell corporations around the world, BCCI allegedly obscured the source of the money, then returned untraceable, "clean" funds to narcotics kingpins. Said a senior U.S. Customs official: "It has given us a window into the world of international money laundering like nothing we've had before...
Another technology that could help bury the networks is fiber-optic cable, which can greatly increase the number of channels brought into the home. Fiber optics will make possible a new array of home services, such as video shopping and information retrieval. The technology could come more quickly, moreover, if telephone companies are allowed to transmit cable programming over fiber- optic lines; the FCC is contemplating asking Congress to permit just that...
...gently cleaned away layer after layer of earth with painstaking precision, recording each with sketches and photographs. After they had labored for two months, their efforts began to pay off: slowly, breathtakingly, the gilded remains of a Moche warrior-priest began to emerge. The ancient form, surrounded by an array of what appeared to be family members and retainers, was clothed in 13 layers of funeral shrouds interspersed with exquisite gold and silver objects. Among them were a solid-gold crown, a gold warrior's shield and a rare symbol of the warrior-priest's high station in life...
Although the new University-wide AIDS Institute is still in its infancy, scholars here have already taken steps to organize a diverse array of Harvard resources into a cohesive research effort designed to study different aspects of AIDS-related issues...
These and other events will be conveyed halfway around the globe by an array of new TV faces -- or, more precisely, old faces in new roles. The Seoul Games will be the first televised in the U.S. in 16 years that will not be presided over by Jim McKay and the other familiar mainstays of ABC Sports. Thanks to a bid of $300 million for the rights, NBC is getting its first crack at an Olympics since the 1972 Winter Games in Sapporo, Japan. (Before the U.S. withdrew, NBC was scheduled to televise the 1980 Summer Games in Moscow...