Word: banker
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...Serbia, some jilted Jugoskandik customers have shown surprising sympathy + for the absent banker. "Jezda did not flee because of bankruptcy but for political reasons," says a member of the creditors' committee. "A lot of our money was given to the city of Belgrade and to Serbia. They should all return what they have...
Nonetheless, the banker's deals have helped prop up Serbian President Slobodan Milosevic. When heating-oil supplies fell dangerously low last October, the banker loaned Belgrade $2.5 million to bolster the city's depleted reserves before winter. He now wants the loan repaid directly to Jugoskandik depositors...
...several stockholders of the hotel turned out to be stand-ins for Detroit mobsters, and Wynn was forced to sell early. He was never accused of being anything but an innocent in the affair, and he did get something invaluable out of it: a friendship with the most powerful banker in Las Vegas, E. Parry Thomas. Wynn came to his attention partly because he stood out in the Las Vegas of the late '60s: he was young, fit, wore understated tailor-made suits, had the vocabulary of the English major he had been at the University of Pennsylvania...
Right on the Money (Simon & Schuster; 255 pages; $20) is the 22nd novel about investment-banker-cum-detective John Putnam Thatcher written under the pseudonym Emma Lathen by Mary Jane Latsis, an economist, and Martha Henissart, an attorney. All the plots center on financial skulduggery, and almost invariably the villain is the least developed principal character, typically a faceless mid-level manager who shows unrecognized ingenuity in concocting a scam. The team's prose is always easy and mildly amusing. While offering less psychological insight than the average TV sitcom, it convincingly conveys the general corporate mindset and the nubby...
...eminent New York investment banker Felix Rohatyn, who is Credit Lyonnais's official banker and represented MCA in the Matsushita deal, thinks his friend Ovitz may be getting perilously close to unavoidable conflicts of interest. "If Michael is involved both in the restructuring of the entertainment companies that Credit Lyonnais has an investment in -- by - bringing in talent, by directing their entertainment strategy, by helping them get television product or motion picture product -- and at the same time provides financial advice as to what to do with these companies, then he's probably going to be walking a very fine...