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...Rouvelas Meeds law firm and who notes that the trip came at a critical moment. Congress was considering legislation (which died a month after the trip) that might have shut down Internet gambling--and jeopardized the livelihoods of some of Abramoff's biggest clients. Two of them--a Choctaw Indian tribe and the Internet gambling company eLottery Inc.--each wrote a check for $25,000 on May 25, 2000, the day DeLay departed, to the sponsor of the trip, the National Center for Public Policy Research, a conservative nonprofit foundation on whose board Abramoff sat. Those checks would cover most...

Author: /time Magazine | Title: When Tom Met Jack | 4/18/2005 | See Source »

...assigned half a dozen agents to an investigation into the dealings of Abramoff and his business associate, former DeLay spokesman Michael Scanlon. The focus of the probe, says a senior FBI official supervising the investigation, is "allegations of any wrongdoing involving moneys that went into or left the Indian tribes." Also joining the task force are agents from the Interior Department and the Internal Revenue Service. In addition, two Senate committees are looking into various aspects of Abramoff's operation, including allegedly improper use of charities he established and persuaded his clients to fund...

Author: /time Magazine | Title: When Tom Met Jack | 4/18/2005 | See Source »

...DeLay, it is hard to imagine that any lapse was greater than the cozy relationship he allowed to grow between his office and Abramoff. The lobbyist's activities might have stayed under the radar had a newspaper in Alexandria, La., not reported the startling fact that a local Indian tribe was paying Abramoff's associate Scanlon $13.7 million for public relations work. Subsequent investigations uncovered a flood of e-mail between Abramoff and Scanlon, in which they referred to their Indian clients as, among other epithets, "monkeys" and "losers," even as they charged these clients fees that totaled upward...

Author: /time Magazine | Title: When Tom Met Jack | 4/18/2005 | See Source »

...what is that fate exactly? Is it really to disappear beneath the jewel-toned waters of the Indian Ocean? This is a question I came back to again and again during the course of my weeklong visit...

Author: /time Magazine | Title: Where the Waters Are Rising | 4/18/2005 | See Source »

...frothy market, the media are feeding the euphoria. TV viewers are treated to a regular CNBC program called Wizards of Dalal Street, showcasing the wisdom of local investment gurus. Another channel, NDTV Profit, offers a rival show called Big Fish (not to mention Sensex and the City). Indian business publications pile on with intoxicating headlines like THESE IPOS CAN MAKE YOU A SUPERSTAR INVESTOR...

Author: /time Magazine | Title: Investing: India Bubble? | 4/17/2005 | See Source »

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