Word: blum
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Dates: during 1990-1999
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...MAJOR INVESTORS IN CONTINENTAL AIRLINES AND NORTHwest Airlines are quietly talking merger. DAVID BONDERMAN, whose investor group controls 28.7% of Continental Airlines, and RICHARD C. BLUM, a key Northwest Airlines board member, recently held a secret meeting in the very conspicuous Hotel Bel-Air in Los Angeles. If the two can work out the snags -- such as the fact that Air Canada owns a chunk of Continental -- Bonderman and Blum could make a deal that would shake up the airline industry...
That was not always the case. The wave of progressive thinking that first brought welfare benefits to Europe at the turn of the century did not reach France until 1936, when the Popular Front government of Premier Leon Blum imposed worker-friendly reforms, including higher salaries, paid vacations and a 40-hour workweek. Still suffering from the Great Depression, the French middle class felt threatened by the worker privileges and contributed to Blum's rapid demise...
...hand, often get the benefit of the doubt, though there are exceptions to the rule. James Schroeder, whose wife Pat, a Colorado Congresswoman, once ran for President, says his legal career has not suffered and he has never been accused of a conflict of interest. But investment banker Richard Blum, husband of former San Francisco Mayor Dianne Feinstein, says his firm was hampered because he turned down some clients to avoid the appearance of impropriety. "Could I have done better if my wife was home baking cookies?" asks Blum. "I think so." Another Californian, secretary of state March Fong...
Just as Pharaon came to CenTrust's aid, so members of Washington's power elite have frequently gone to bat for B.C.C.I. Jack Blum, the former chief investigator for Kerry's subcommittee, stunned the hearing last week by declaring that Altman and Clifford advised Amjad Awan, a B.C.C.I. official who had run the bank's Panama office, to flee the U.S. for Paris in 1988 to avoid a congressional subpoena. Altman, a fast-rising star in Washington legal and social circles, then reportedly arranged for B.C.C.I. to transfer Awan to Paris. But Carl Rauh, an attorney for Clifford and Altman...
Despite the Tampa convictions, which required B.C.C.I. to forfeit $15 million of its money-laundering profits, Blum and former customs commissioner William von Raab elaborated on their earlier descriptions of the Justice Department's Florida case as a law-enforcement debacle. "I was personally | infuriated," Blum said. He argued that the plea bargain gave B.C.C.I. immunity from future prosecutions based on evidence in the case -- a charge that Justice disputes. Von Raab, sporting a yellow handkerchief that drooped flower-like from his breast pocket, called the settlement "a shameless agreement" and "a disaster in terms of the punishment that should...