Word: bankerly
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...Gadams' husband, retired banker Alasdair Morrison, has completed all 4 Deserts legs and finds personal growth in the wilderness. "These events put life into perspective in many ways," he says. "Your needs on the races are quite basic and there is a lot about everyday life that you see is superfluous...
...office are a working model of an 1854 America's Cup racer and a replica of his own yacht, the Leslie Ann. Employees call him ''Doctor'' for the Ph.D. in operations research that he earned at Johns Hopkins. ''Malone has three priorities in life,'' says Bill Daniels, an investment banker who specializes in cable-TV properties. ''His family, his business and his sailboat. That's it.'' Malone's brilliance and belligerence have become the stuff of legend. In 1991, for example, Malone was outbid by a rival in his attempt to acquire the Learning Channel. His response: TCI began dropping...
...Exchange Commission investigation was in full swing, along with criminal investigations by U.S. Attorney Rudolph Giuliani. No official accusations were leveled, but Ira Lee Sorkin, the SEC's New York director, disclosed that his agency has 35 insider- trading cases under investigation. Wall Street, said a senior Manhattan investment banker, ''feels like Hollywood in the McCarthy era.'' Speculation that Levine was adding new names to the scandal has been growing exponentially since the former investment wunderkind began to cooperate fully with Sorkin and Giuliani about three weeks ago. To settle charges filed by the SEC, Levine has been forced...
Liechtenstein also figures in the UBS case. In addition to Birkenfeld, the Department of Justice has charged Mario Staggl, a banker in Liechtenstein, who remains in that country and at work. In his guilty plea, Birkenfeld said he, Staggl and others helped create sham entities in tax havens like Switzerland, Panama, the British Virgin Islands, Hong Kong and Liechtenstein to conceal the fact that U.S. citizens owned accounts. According to an agreement UBS and other banks signed with the U.S. government in 2001, UBS should have insisted its clients file ownership forms with the IRS but in many cases...
...Banker and community leader Miller Couse echoes a widely held view that Clewiston was thrown "under the bus" by not being looped into the secret discussions that resulted in U.S. Sugar's sale. The city and Hendry County plan to lobby aggressively for the town's needs to be considered, and for help making the economic adjustment to the departure of U.S. Sugar. Still, America is littered with examples that show there's no easy fix when a company town loses its economic engine. "If you just take U.S. Sugar out of the mix and don't replace it with...