Word: bulking
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Dates: during 1980-1989
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Wright may have more trouble defending himself against charges relating to bulk sales of his nonbook Reflections of a Public Man (it consists mainly of speech excerpts slapped together by an aide). On the surface, at least, the sales look like a blatant attempt to slide around House limits on members' outside income; honorariums for speeches are restricted, but book royalties are not. In several cases Wright's staff members pointed out that the Speaker was near his limit on honorariums and suggested that organizations buy books instead of paying him directly. Wright refused to answer any questions about...
...bulk of Armenians today live in the United States. An estimated 90,000 Armenians live in Massachusetts, with most residing in Watertown and Cambridge...
...Last week the federal banking commission announced that it will introduce stiff regulations on bank-note trading to prevent drug traffickers and other criminals from using the country's famed secret bank accounts. The commission also published a 28-page report that faulted Credit Suisse, which handled the bulk of the money in the billion- dollar scheme, for inadequately supervising its accounts...
Proponents of the deal believe the bulk of technology flow will be from Japan to the U.S. Edward Bursk, chairman of the Aerospace Industries Association of America's International Council, told Congress last month he thought the agreement was fair. Said Bursk: "The U.S. technology involved in FSX is at a reasonable level and under U.S. Government control," adding that Japan could build a comparable plane by itself...
...committee's view, seven bulk sales of Rep. Wright's book... demonstrated an overall scheme to evade the House outside earned income limit because [speaking] honorarium payments were recharacterized as royalties," Dixon said...