Word: banker
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...dubious honor, even for the most hard-line of Communist nations. But after months of negotiations, North Korea, the xenophobic workers' state run by Communist Leader Kim Il Sung, was publicly declared by capitalist bankers to be in default on its foreign debt. Reason: the Pyongyang government's failure to make payments on $770 million in obligations to two syndicates representing 140 banks. Other countries in the past have halted payment of debt but struck deals with foreign lenders, earning more favorable terms and fresh credits. In North Korea's case, says one European banker, "nobody in their right minds...
...harmonic linkups attracted TV crews, the vaguely curious, hi-tech yuppies, shaggy hipsters and even the odd businessman. Said one Wall Street investment banker who went to Sagaponack: "I never thought I'd get involved in this sort of thing. It's easy to pass off the group as certifiable, but the more people who are continuously working on overcoming conflict, the happier...
...that their subjects are as widely noted for their business acumen as for their spiritual charisma. "To some critics," observes Chicago- based Correspondent Barbara Dolan, "these people appear to be almost comical with their emotional appeals. But that faith-healing showmanship can hide the mind of a Wall Street banker...
...elite. They are accustomed to Western ways and often do a very good job of assimilating into American culture and Harvard "high society." I fail to see how going to classes or partying with, say, someone from the Middle East or South America, whose father is a rich international banker or a powerful government official, is going to help me understand a foreign culture. The only thing mingling with such foreign nobles may teach me is that the priveleged few have it easy no matter what country they are from...
...spent $30,000 for baby-sitters, but even to a man with such a budget, $412,000 is not peanuts. That is the amount of money unaccounted for in a court report on the finances of Dennis Levine, the former Wall Street investment banker who pleaded guilty to an insider-trading scheme that netted him $12.6 million in illegal profits...