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Sala, 40, has since confessed to magistrates that he received more than $20 million in kickbacks from Parmalat while at Bank of America. Most of it came directly from a refinancing of a 1999 Brazilian transaction that is now a central element of bankruptcy administrator Bondi's case against the...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

Andrew Jackson? A pistol mouth, a boxing-glove nose and bullets as eyes. Theodore Roosevelt? Gears for eyes, a light-bulb nose and a coiled-wire mustache. Piven's highly inventive collage portraits are matched with amusingly quirky tidbits about the Presidents (the pugnacious Jackson's penchant for dueling, the...

Author: /time Magazine | Title: A Gift Bag of Children's Books | 12/17/2004 | See Source »

DIED. JAY VAN ANDEL, 80, billionaire co-founder of direct-sales behemoth Amway; in Ada, Mich. With his childhood friend Richard DeVos, Van Andel founded the company in the pair's basements in 1959 and built it into a worldwide network of individual distributors who sold cosmetics and furniture polish...

Author: /time Magazine | Title: Milestones Dec. 20, 2004 | 12/17/2004 | See Source »

George said that the evidence against his client is misleading and inconclusive, calling the charges an “unfortunate misunderstanding” that would be cleared after examining cash register receipts. He said the videotapes were not sufficient and that the receipts formed the basis of the prosecution?...

Author: By Eduardo E. Santacana, CONTRIBUTING WRITER | Title: Cardullo’s Worker Accused of Larceny | 12/14/2004 | See Source »

DIED. JAY VAN ANDEL, 80, billionaire co-founder of direct-sales behemoth Amway; in Ada, Michigan. With his childhood friend Richard DeVos, Van Andel founded the company in the pair's basements in 1959 and built it into a worldwide network of individual distributors who sold cosmetics and furniture polish...

Author: /time Magazine | Title: Milestones | 12/12/2004 | See Source »

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