Word: accounts
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Dates: during 1970-1979
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...imply that ads currently running in The Crimson would be pulled on a regular basis, if The Crimson's bank account was larger, is absurd. What would go? Playboy for shocking sexism? The Coop for aiding and abetting corporate capitalism and imperialism...
Gulf Oil, for example, used a Bahamas subsidiary to "launder" $12.3 million used for political purposes. The 3M Co. set up a Swiss bank account for the same purpose. Nor were the big multinationals the only influence seekers. Sanitas Service Corp., a Connecticut-based firm with 1975 sales of $83 million, passed $1.2 million to local politicians through a dummy concern founded by a former officer...
...money, the delivery systems are less direct and personal. The preferred method is still the numbered Swiss bank account. It can be used by the company making payoffs as an anonymous distribution point, or company agents can set up Swiss accounts for the receivers...
...black account" is another favorite device. The term refers to money kept in a foreign safe-deposit box and doled out as the need arises. According to one U.S. executive in Latin America, the amount of cash in the box is usually kept small-$50,000 at the most-to avoid detection by auditors, and there are no receipts, no official records. Sometimes, though, the amounts are much larger. Lockheed's auditors discovered that payments ranging up to $130,000 had been made from a safe-deposit box in Paris at the discretion of company officials. The fund...
...like the young Hayley Mills, nor hard-edged precocious, like Tatum O'Neal ("I think she is very good, but we are different characters"). She does not date, or attend Hollywood functions. She is disarmingly unconcerned about money. Aside from the $1,600 in a savings account from her dollar-a-week allowance, "a few bets" and "liars' poker with the movie crews," she has no idea how much her manager-mother has stashed away. "After all," says Jodie, "I'm just...