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...round-figured Khashoggi, who could pass as an amiable neighborhood shopkeeper, has been described as the world's richest man, though he probably never was and certainly is not now. He sometimes seems to be dancing a curious line between fabulous profits and grim losses. What he was and continues to be is the world's biggest spender, a man whose unrivaled profligacy gilds his self-image as a grand merchant-statesman. This soft-spoken man with a gift for putting people at ease, the product of a strict Islamic upbringing from one of the world's most conservative...

Author: /time Magazine | Title: Businessman Adnan Khashoggi's High-Flying Realm | 1/19/1987 | See Source »

Khashoggi always seems to be surrounded by a claque of admirers, an entourage of curious and often comical characters. He is gratified by his friendships with the famous and the powerful, and in his office in New York City there are prominently displayed pictures of himself with Ronald Reagan, Henry Kissinger and Pope Paul VI. At Christmas in Marbella, a gaggle of lesser European royalty partook of "A.K.'s" hospitality. Among them was Count Jaime de Mora y Aragon, the brother of the Queen of Belgium, a rakish fellow with a monocle and a waxed mustache who comes across...

Author: /time Magazine | Title: Businessman Adnan Khashoggi's High-Flying Realm | 1/19/1987 | See Source »

...House announced, "We believe that this report will underscore the fact that the President knew absolutely nothing about the diversion of funds from Iran to the contras and that no such policy was ever approved by the President." In the terminology of Watergate: no smoking gun. It was a curious vindication, proclaiming Reagan's innocence by revealing his ignorance...

Author: /time Magazine | Title: Mixed Blessing | 1/19/1987 | See Source »

...amethyst have paranormal healing and restorative powers. The crystal craze is part of a loosely linked spiritualism gaining ground on both coasts. Called "New Age" thinking, it is an esoteric blend of computer-age jargon and ancient religious practice, which often invested stones with powerful magic. Some other curious elements of the New Age faith include reincarnation, channeling (communing with souls in their afterlife) and psychic predictions. For not-so-New Agers, these prayer rocks are a way to update their Pet Rocks. To the skeptical, the burgeoning fad may give new meaning to the word stoned...

Author: /time Magazine | Title: Living: Rock Power for Health and Wealth | 1/19/1987 | See Source »

...continues to grin, to fool those who watch him, his substance disintegrates and melts away. As Alice exclaims, "Well! I've often seen a cat without a grin...but a grin without a cat! It's the most curious thing I've ever seen in my life...

Author: By Jane Avrich, | Title: Tales From a Dubious Wonderland | 1/14/1987 | See Source »

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