Word: broker
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...long, plodding investigation of Korean lobbying in the U.S. stepped up a notch last week. With much fanfare, the Justice Department released a previously sealed indictment charging Tongsun Park, the onetime Washington rice-and-influence broker, with 36 violations of federal statutes, including conspiracy to bribe Congressmen, mail fraud, illegal campaign gifts, and failure to register as an agent of the South Korean government. Hinting that more indictments might be coming, Attorney General Griffin Bell suggested coyly, "We'll have to see what the harvest will bring...
...property, nor will an attorney certify legal title, James Howell, a Gay Head real estate agent, says. Virtually no land sales have occured since the suit was filed, and those who have had to sell for financial reasons have taken huge losses on their original investments. "No legitimate realestate broker would push this property if it's just going to be taken away," Howell says...
John Bjork, 27, an insurance broker, and his wife Stephanie, 24, searched for three months for a house on Chicago's suburban North Shore, where Stephanie grew up, but found that "the minimum for a bungalow is $70,000 to $80,000." They have now about decided to buy a bigger, older house in Deerfield, Ill, for $71,000. Stephanie's parents will chip in part of the $14,000 down payment, and monthly payments for principal, interest and taxes alone will come to $560. Laments Stephanie: "Those payments are not most of our budget?they...
...state except Texas; the recession bit especially deep in California, creating a huge backlog of demand, and strict environmental requirements severely limit the land available for housing. Prices are starting to level off, but the level is in the stratosphere. In platinum-plated Beverly Hills, one cynical real estate broker exclaims: "Oh, I have such a dog on the market right now! Come to my Sunday open house and see what I'm offering for $185,000. I can tell you, for $185,000 you get a piece of nothing." Tom Lorch, a high school principal who is looking...
That attitude may well have induced the committee's potential star witness, Rice Broker Tongsun Park, to surface at a press conference in Seoul last week nine months after he fled from Washington to London to avoid questioning. The Korean Central Intelligence Agency presumably arranged Park's flight from London to Seoul to keep him out of Jaworski's way, and then stage-managed his press conference as well. As one of Park's old Washington cronies observed, "He said not a word in Washington or London. Then he gets to Seoul and holds a press...