Word: businessman
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Dates: during 1990-1999
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Interesting group to be talking about economic hardship. Fifteen were lawyers, one an engineer, two academics, a preacher, a couple of bankers, an economist, two career pols and a former businessman who is the President. He is one of the few in that fraternity who actually met a payroll, and that was 24 years ago. Mississippi's Jamie Whitten, 80, chairman of the House Appropriations Committee, has been in Congress since 1941. The average conferee has been cashing those beige federal paychecks like clockwork for better than 20 years: no worries about Chapter 11 bankruptcies, layoffs, plant closings, Social Security...
...diplomats. These "bag operations" first came to the attention of the U.S. Government in the mid-1980s. One U.S. executive told officials about a trip to Paris during which he had made handwritten notes in the margin of one of his memos. While negotiating a deal with a French businessman, he noticed that the Frenchman had a photocopy of the memo, handwritten notes and all. Asked how he got it, the Parisian sheepishly admitted that a French government official had given it to him. Because of such incidents, U.S. officials began a quiet effort to warn American companies about...
...least Jackson eventually got his story to our New York City headquarters. Some barriers to newsgathering, though, are insurmountable. Not long ago, photographer Robert Nickelsberg inadvertently photographed the wife of a powerful Bombay businessman at a swimming pool while he was taking pictures for a story on the Indian middle class. Incensed that his wife had been snapped in her swimsuit, the man attacked Nickelsberg, twisting the camera straps around the photographer's neck. For 45 minutes, Nickelsberg and the assailant wrangled over the film's fate. Finally, after the man threatened to commit acts more terrible than any Nickelsberg...
...million loan suddenly showed up at his Houston bank and offered to settle for $200,000. Bank officers wondered whether he might be harboring far more cash. They called in Pankau, who combed public records and found that the developer had come into a big inheritance. When confronted, the businessman agreed to pay his full $2 million debt plus $500,000 interest...
...FOOD OR THE COMPANY? Ever since the U.S. flew tottering Haitian President Prosper Avril into exile in March, the former leader's whereabouts have been a well-kept secret. Rumors targeted Boca Raton, Fla., New Orleans and the Washington area. Now the wife of a prominent Haitian businessman claims a close encounter. Leaving a restaurant in Miami Lakes, Fla., she suddenly screamed, "There is Avril!" Says her husband: "I went home and took a Maalox and a tranquilizer...