Word: calied
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...inside the drug world. Even though the customers never made a single stock trade--double-digit stock gains are paltry in contrast to 400% returns on cocaine--the sting paid off last week with federal indictments of five Colombians, who are believed to have ties to the Cali drug cartel, on drug trafficking and money-laundering charges. The indictments capped an international operation in which authorities have so far arrested more than 40 people in the U.S. and abroad and seized some 3,500 kg of cocaine and $10 million of laundered drug money...
...Colombian. Nowadays, you're just as likely to find yourself face-to-face with a Mexican. Your dealer's ethnic roots probably won't matter to you so long as the product is as advertised. But to DEA agents, the decline and fall of Colombia's once impregnable Cali cartel is a sensational development--surpassed only by the meteoric rise of the Juarez cartel now headed by Vicente Carrillo Fuentes. As the U.S. has cracked down on drug cartels in Colombia in the past decade, the business has shifted north and into the hands of Mexican traffickers, who play...
...ruthlessness of his dumber but meaner younger brother Vicente. For a long time, Mexican criminals were simply subcontractors whom the Colombians paid a set fee, usually $1,500 to $2,000 per kilogram, to truck cocaine over the U.S. border and to warehouses in California or Texas. There, Cali cartel employees would reclaim the goods, move them to major retailing hubs like Manhattan and Los Angeles and wholesale them to distributors. The Colombians pocketed a chunk of the wholesale and retail markups. The Mexicans risked their necks for chump change...
...first thing the KDC should do is develop strategic global partnerships. It was clear that it could not go at this thing alone, and faced stiff competition from the more mature Cali Drug Cartel. I put Paco in touch with a friend at the Central Intelligence Agency who was looking for an eastern European connection...
APOLOGIZED. DON HEWITT, 76, executive producer of 60 Minutes; for a June 1997 segment, made by Carlton Communications for the British network ITV (and also aired by Time Warner's Cinemax), which falsely claimed the Cali cartel had started a new heroin-smuggling route to London...