Word: calvi
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Dates: during 1995-1995
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While in Europe, Gurwin dug into the scandalous transactions of Italy's Banco Ambrosiano, a story that in 1983 won him an Overseas Press Club Award and produced a book, The Calvi Affair. Returning to the U.S. as a free-lancer in 1988, Gurwin helped break another banking scandal, this one involving the Bank of Credit and Commerce International, or B.C.C.I. His exposa spurred a major federal investigation and led to another book, False Profits (1992), written with Peter Truell. We persuaded him to bring his talents to TIME last June...