Word: businessman
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Dates: during 2000-2009
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...intensifying, and Daschle, recognizing the change in the political winds, withdrew his name from consideration for the Cabinet post. Several editorial pages - including the New York Times's - had called on him to withdraw. And there was a new allegation, reported by Politico, that Daschle had recommended the very businessman who had supplied him with the car service for two Cabinet posts in the Obama Administration. As one close adviser put it, the case for Daschle had "appreciably deteriorated from 24 hours ago." (See who's who in Obama's White House...
...peak, that fortune was believed to be around $3 billion, amassed after Lebedev abandoned espionage in 1992 in favor of a more lucrative occupation as a businessman. Lebedev became chairman of Russia's National Reserve Bank and acquired a substantial stake in Russian national carrier, Aeroflot. The smoothest path to prosperity in Russia is to court the political establishment, not to challenge it, but Lebedev has not shied away from political activism. In September 2008 he joined forces with former Soviet leader Mikhail Gorbachev to found an opposition movement called the Independent Democratic Party of Russia. In partnership with Gorbachev...
Ponzi Schemes--in which a swindler touts outsize returns, parries questions about legitimacy with hefty dividends and creates the illusion of solvency by paying off early investors with capital raised from later entrants--are named after Boston businessman Charles Ponzi. From 1919 to 1920, the Italian immigrant coaxed thousands of people into sinking millions of dollars into a complex deal involving international postage rates, which he said would earn a 50% profit in 90 days...
Minnesotan Brian Becker, who was already on probation for deer-smuggling in Oklahoma, was sentenced to 33 months in federal prison in November. Agents estimated that he had made at least $300,000 smuggling deer to one client in Texas. Houston businessman Robert Eichenaur was sentenced to 18 months in jail and hit with a $50,000 fine. Eichenaur was described by the Fort Worth Star-Telegram as the owner of a "posh hunting ranch" in the small east Texas town of Bedias. The ranch, Circle E, advertises exotic hunts and charges $12,000 or more for a large white...
...last decade, people have attempted to outsmart alcohol with so-called anti-hangover pills such as Chaser and Alcohol-X, which, when taken before a drink, supposedly help the liver by absorbing toxins. In 1997, a South Korean businessman developed Dawn 808 (Dawn stands for Drinkers Are Winners Now), a canned tea-based drink made from alder leaves that claims to accelerate alcohol breakdown...