Resurrection of the Week

By PAUL GRAY/

ADNAN KHASHOGGI

He rode subways to his court appearances as a co-defendant in the Imelda Marcos trial, and his billions have shrunk to mere millions, if that. But after acquittal, the Saudi financier rose from the ashes and flew to Houston to announce formation of a new oil venture. Its name? Phoenix, Inc.

With reporting by DAVID ELLIS