Word: businessman
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Dates: during 1990-1999
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When the small thrift ran into trouble during the inflationary climate of the mid-1970s, it was taken over by Denver businessman James Metz, who saw the sleepy S&L as the future flagship of a financial empire. He named himself chairman and hired Wise, an S&L marketing whiz from Columbia Savings in Kansas, to run the company. The nattily dressed Wise wasted no time in transforming Mile High's small-town image. He launched an ambitious expansion drive, unveiled plans for a glass-and-steel headquarters downtown, and renamed the company Silverado, evoking the dreams of prospectors...
...Rodeo is the brainchild of San Francisco developer Douglas Stitzel, a onetime University of California, Berkeley, Sanskrit scholar turned businessman, who is charging his tony tenants top dollar for their new space. Tiffany, Cartier, Sulka, Valentino and other luxury outlets that plan to arrive by November will pay as much as $250,000 a month rent...
...royals do retain their undiluted authority, many Saudis would like to see curbs on their abuses of privilege. Paying huge commissions to princes is the price of doing business in the kingdom. "They already receive allowances from the government that allow them to lead easy lives," complains a prominent businessman, "and yet they shake us down...
Some Saudi liberals seek U.S. support for their campaign for change. "We hope the American presence is not just protection for the status quo," says a businessman. "We assume it will bring an improvement in the integrity of the government." From Washington's viewpoint, however, pushing Fahd and family down the fast track to Westernization and democratization is a likely prescription for a Shah-like disaster. Swift liberalizations could easily stir religious extremists to revolt. "If there's an internal threat to the kingdom," says a U.S. expert on Saudi Arabia, "it's from fundamentalists on the right, not liberalizers...
...region, which has always produced the lion's share of modern Saudi Arabia's oil wealth and received little in return. The situation further improved in 1985 when the brutal administration in the province of the bin Jaluwi family was replaced by Mohammed bin Fahd, a former businessman and a . son of the King. Still, Ashura continues to be a time when grievances surface: demonstrations were put down violently again in late 1985. Just last year scores of Shi'ites mourning the death of Khomeini were arrested and interrogated, some remaining in jail for nine months. "It is better...