Word: bre
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...could barely conceal its support for those mobs. Paradoxically, Muslim fundamentalists, like the hectoring, acid-tongued Syed Shahabuddin, created a platform for the Hindu resurgence in the 1980s with their virulent and purposeless rhetoric. Their successors in 2002 have provided Hindu fanaticism with another cause célèbre. Sadly, in the darker shades of India's patchwork history still lie the present and perhaps the future...
...right-wing exiles in Miami. While most experts agree that U.S. courts will ultimately rule that a six-year-old boy should go home to his daddy, that looks unlikely to happen before the Miami exiles have exhausted his value as a cause célèbre. And the delay simply accrues the political dividend reaped by Castro...
...investors lost billions when it was revealed that Bre-X Minerals engaged in the largest mining fraud in history. Bre-X vice chairman John Felderhof, who is charged with insider trading, lives beyond extradition, with his wife, in the Cayman Islands...
Earlier this year, the Canadian company Bre-X created a scandal when it reported that the 200 million oz. of gold it had "discovered" were a hoax. That may not be all bad: investors don't have much use for the stuff anyway. Recently Australia, the world's third largest producer, confirmed the sale of about two-thirds of its holdings. The $1.87 billion gold dump followed sell-offs by Belgium and the Netherlands and reports that others would follow. Australia's sale sent the price sinking to $314.60 per troy oz., a 12-year low, before it recovered...
...hope the investors who were unfortunate enough to own Bre-X Minerals shares [BUSINESS, May 19] followed the ever important rule: diversify. I can't wait for the book or, better yet, the movie about this rip-off. BRIAN VAN LEEUWEN Albuquerque...