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...first company, Arbusto (Spanish for "bush"), into one called Spectrum 7 in 1984 and then led the struggling firm into Harken's embrace in 1986. In exchange for his 15% stake in Spectrum, Bush got Harken stock worth some $320,000; he was also hired as an $80,000-a-year consultant. Harken founder Phil Kendrick explained it this way: "His name was George Bush," he told Time. "That was worth the money they paid...

Author: /time Magazine | Title: The Rap on Bush and Cheney | 7/14/2002 | See Source »

...life sentence on murder and racketeering charges. The former juvenile delinquent from the South Bronx relished the spotlight, favoring $2,000 suits and tony restaurants, smirking throughout his four trials and winning populist-hero status in the tabloids. Although he had always claimed to be a $100,000- a-year plumbing salesman from Ozone Park, N.Y., Gotti was convicted in 1992 with the help of testimony from mob turncoat Sammy Gravano...

Author: /time Magazine | Title: Milestones Jun. 24, 2002 | 6/24/2002 | See Source »

MCKISSACK: A stock like MBNA, the credit card issuer, we've owned for a long time. It's growing from what was a midcap company into the larger-cap space. It has demonstrated 20%-a-year growth and, with its credit review and issuance process, it has an above-average customer in terms of income and payment history. We've also been very successful with SunGard Data Systems and continue to see that as a good long-term opportunity. It provides specialized software into the financial-services market and recently bought Comdisco to make it a larger player in that...

Author: /time Magazine | Title: Forecast: Is It Time To Let Go? | 5/6/2002 | See Source »

Person of the Week SIX FEET UNDER John Rusnak was just another suburban dad?or so his Baltimore, Maryland neighbors and bosses thought. However, this $85,000-a-year currency trader surreptitiously dug his company, Allied Irish Banks, a $750 million financial hole the firm may never get to the bottom...

Author: /time Magazine | Title: Starting Time | 2/18/2002 | See Source »

...Enron's role in the California crisis quite the way, say, Gray Davis did. And the list of Administration members with Enron connections is long indeed - aside form Lay buddies Bush and Cheney, Karl Rove was a big stockholder, Larry Lindsey and Robert Zoellick were $50,000-a-year board members, Marc Racicot was a lobbyist until Tuesday and Secretary of the Army Thomas White Jr. is a former executive...

Author: /time Magazine | Title: Bush's Enron Problem | 1/10/2002 | See Source »

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