(3 of 3)
Isabel, who is expected to return to Madrid early in June, also stands to come out ahead. The Senate last week passed a bill restoring her extensive real estate holdings and her good name. Moreover, she has been accorded the active political role she obviously relishes. Says another senior diplomat: "She can now perceive that she has a historical place in the scheme of things, something beyond her wildest dreams. On the substantive side, she may genuinely feel that she can help out as the self-perceived fixer." Observes an Argentine banker: "From her point of view, it's better to have people paying attention than simply to be an ex-dancer living in Spain. And who knows? Maybe some day we'll all have to say thanks to her." —By Hunter R. Clark. Reported by Gavin Scott/Buenos Aires