Word: businessmen
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...difficulty distributing $40,000 in bribes to various officials. Only one of the 106 payoffs proffered was rejected, and that was because the amount was deemed too paltry. Said U.S. Attorney Rudolph Giuliani: "Compared to other states, New York is a much friendlier place to corrupt politicians, crooked businessmen and organized criminals...
Though Lewis may want to be thought of as just another tycoon, he is also an inspirational symbol -- the first black businessmen to gain full access to the giant pools of capital on Wall Street. Says Earl Graves, publisher of Black Enterprise: "The Reg Lewis deal will be recorded in the pages of black business history as a landmark, a sign of change...
...morning radio show called Hello, Have a Good Day, listeners have repeatedly complained about high prices and profiteering. Some gripe that while government employees can barely make ends meet, a few merchants are getting richer and richer. Nonetheless, the social and political status of the bazaari, the powerful businessmen who traditionally have run the economy, seems to be declining as the government assumes a larger role in setting prices...
Europe's pacesetter is Britain, which is growing at a 4% pace. British businessmen are enjoying a new rush of confidence now that Conservative Prime Minister Margaret Thatcher has won a third term. But Samuel Brittan, an economics columnist for London's Financial Times, noted that Britain faced a real challenge in trying to remain an "island of rapid growth without an improvement in its main trading partners." The same task confronts Italy, which is expected to expand at a 3% rate this year. Said Guido Carli, former Governor of the Bank of Italy: "I doubt that Italy can sustain...
What began primarily as a squabble between Noriega's cronies and affluent businessmen has mushroomed into a movement that now includes a large slice of Panama's middle class. Moreover, antagonism toward Noriega is spreading outward from the capital to points up and down the S-shaped isthmus. Last week's general strike closed hundreds of businesses in the provinces. "We were frankly surprised," said Ricardo Arias Calderon, an opposition leader. "The shutdown had a national character we hadn't expected." The protest, however, did not affect activity along the Panama Canal, which grosses up to $500 million a year...