Word: businessman
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Dates: during 1990-1999
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...Tung labored seven days a week to build a consensus among creditors to restructure the tangle of public and private companies. When he needed a large infusion of new capital, he turned to the Taipei government. The answer was no. Tung then approached mainland Chinese, and a local businessman with ties to Beijing kicked in the money. Only this year did Tung admit that the businessman's bailout funds came from the state-owned Bank of China...
...voice of a prospective nominee: "I make six figures and have an expense account that reaches from here to eternity. Tell me again why I would want to run the nomination gauntlet to toil away in a huge government bureaucracy." Statements like that help explain why a nominee like businessman and Democratic fund raiser Terry McAuliffe withdrew his name from consideration for Secretary of Commerce. Even hush-hush high finance isn't a draw: two governorships on the Federal Reserve are vacant. Any takers...
They're buying better cuts of meat, says the butcher, but driving an extra 100 miles to get a better car deal; saving money on toilet paper at Wal-Mart--"I never did that in the '80s," says a local businessman--so they have extra to spend on a better breed of golf club. The deli owner was confident enough to start her own business, but is worried enough that she doesn't yet dare raise the price of a liverwurst above $3.50. The local bankers see people with as much as $70,000 in charge-card debt, which could...
...film, but he comes from a family of 11, and he claims his former agent kept part of the cash. Unable to read or write, the onetime child star does not want to return to buffing shoes. But if Hollywood has forgotten Raju, not everyone else has. French businessman Gerard Gheleyns has taken Raju under his wing and is helping find him treatment for his stunted growth. As for Raju, he's almost as stoic as the Buddha. "The world is full of struggling actors," he says. "I could become one of them, but then I may not. I have...
...raised at that lunch from Huang and his wife Jane; James Riady, who was Huang's boss at Lippo; Maria Hsia, who would later co-chair the infamous 1996 Buddhist-temple fund raiser attended by Al Gore; and several others. Daschle was not alone in recommending Huang: the businessman was also tipped for a job in a recently released 1992 Democratic National Committee memo...