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- <text id=91TT0718>
- <title>
- Apr. 01, 1991: From The Publisher
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1991
- Apr. 01, 1991 Law And Disorder
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- FROM THE PUBLISHER, Page 4
- </hdr><body>
- <p> Investigative reporter. The words conjure up grizzled
- newsmen in dark trench coats meeting at midnight with "Deep
- Throat" sources. As professional journalists know, such
- glamorous notions are seldom accurate. Yet for TIME
- correspondents Jonathan Beaty and Sam Gwynne, who together
- unearthed and wrote last month's story on the scandal engulfing
- the Bank of Credit & Commerce International and this week's
- special report on the B.C.C.I. as well, the reality of chasing
- the yarn was as thrilling as the best detective fiction.
- </p>
- <p> The story began in February while Beaty was having dinner
- with a trusted source in San Francisco. When the source
- mentioned possible illegal activities involving the B.C.C.I.,
- Beaty immediately sensed a potential big story. "I was
- scribbling it all down on cocktail napkins, to the point where
- I had to keep asking the waiter for more napkins," Beaty
- recalls. "It first seemed unbelievable, but then almost all of
- it turned out to be true."
- </p>
- <p> As the complexity and scope of the scandal became apparent,
- Beaty asked Detroit bureau chief Gwynne, a former banker and
- the author of Selling Money, a book about the international
- debt crisis, to become the other half of a reporting-writing
- team. Gwynne talked to federal regulatory agencies and banking
- sources in the U.S., while Beaty followed the B.C.C.I. paper
- trail to Atlanta, where he interviewed Bert Lance, and London,
- where he paid a visit to Scotland Yard. At the same time, TIME
- correspondents in bureaus around the world were tracking down
- leads in 11 countries, often going at several simultaneously.
- </p>
- <p>says Gwynne. "It seemed as though every door we opened led down
- yet another bizarre trail."
- </p>
- <p> Beaty got the same exhilaration from orchestrating the
- worldwide effort. "Investigative reporting is usually a rather
- lonely job," he says. "But in this case, because it was a truly
- global story, we were calling on our correspondents around the
- world."
- </p>
- <p> When he was finally finished with the story, Jonathan pulled
- on his dark blue overcoat and headed out into the night. It
- seems the modern global electronic investigative journalist
- doesn't own a trench coat.
- </p>
- <p>-- Robert L. Miller
- </p>
-
- </body></article>
- </text>
-
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