Word: businessmen
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...Chubais pulled together a new team of savvy technocrats, businessmen and pollsters. More important, he established a strong working relationship with Tatyana Dyachenko, Yeltsin's forceful daughter, and tapped what an associate says were "unlimited" supplies of private-sector financing. Yeltsin's victory was a brilliant turnaround, even though the methods behind it--particularly the amount of money spent on the campaign--were questionable...
...behind EBC? Legacy's prospectus states that EBC is owned by Monaco-based businessmen Michael Woolf and Richard MacLellan. TIME has learned that MacLellan is apparently no stranger to Irving Kott: the two men were co-defendants in a suit filed in California last year accusing them of having misappropriated shares of a Canadian company. (The suit was settled, and TIME has no evidence of wrongdoing by any of the defendants...
...side and deep-pocketed business and foreign interests on the other. The Justice Department is investigating James Wood, an Arkansas lawyer who became the first political appointee to head the American Institute on Taiwan, the unofficial U.S. embassy there. Natale Bellochi, Wood's predecessor as ait chairman, and Taiwan businessmen had reportedly informed the State Department that the Arkansan was improperly using his post to seek campaign donations for Clinton. Wood denies the charge...
...that Vice President Al Gore attended an April luncheon and fund raiser at a Buddhist temple in Hacienda Heights, California, an event that offered the unusual (and highly improper) spectacle of a tax-exempt religious institution appearing to endorse a political party. After the lunch, a group of Asian businessmen reportedly donated $140,000 to the D.N.C. Several contributions were given in the names of monks and nuns, despite their vow of poverty. The setup was apparently designed to ensure that the foreign donors' names would not appear on D.N.C. lists. A woman named Man Ya Shih, who is connected...
...their part, the Riady family may have been seeking what most Asian businessmen want when they give money to U.S. politicians--prestige at home. "The idea is to look good over there," says Stanford University economist Lawrence Lau. "You want to be able to tell people you are a big man in Washington. You have dinner with the President, and your picture is taken with him. People back home will then say, 'Ah, this guy is well connected.'" In Indonesia last week, as news of the controversy spread, the Riadys were variously reported by their secretaries as being...