Word: cartelizing
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...times the $25 million the nation had been scheduled to receive. At the same time, the State Department warned that "Americans traveling to Colombia could expose themselves to extraordinary personal danger." Spokesman Richard Boucher said that State "strongly urges Americans to avoid visiting Medellin, headquarters of the drug traffickers' cartel...
...victories, confiscating in raids hundreds of millions of dollars' worth of drug kingpins' property. Included were 143 fixed-wing planes and helicopters believed to be used to smuggle drugs to the U.S., a number of yachts, and the mansions and ranches of the most prominent lords of the Medellin cartel: Pablo Escobar Gaviria and Jose Gonzalo Rodriguez Gacha. Colombian television showed viewers some indications of the drug lords' obscenely lavish life-styles. One of Rodriguez Gacha's spreads north of Bogota boasts several swimming pools, an artificial lake and a two-acre flower garden. Another Rodriguez Gacha mansion, inside Bogota...
...Occidente has no U.S. branches, but its Panamanian subsidiary did a booming underground business in America. The Panama bank is expected to plead guilty in Atlanta federal court this week to charges that it laundered hundreds of millions of dollars in drug profits for Colombia's Medellin cocaine cartel. The bank allegedly collected the illicit money in New York bank accounts, from which money was wired electronically to Europe and Latin America...
...University and the University of Pennsylvania's Wharton School, he gave up a 25-year banking career in the late 1970s, after the breakup of his first marriage, to work as a shipping manager in Jidda, Saudi Arabia. Following a four-year stint as an employee of an oil cartel in London, Cicippio accepted the job at the American University in June 1984. "None of us wanted him to go, but he had made up his mind," said his brother...
Some of Von Raab's positions are extreme by any standard. He told TIME that he would support sending U.S. troops to Latin America to clean out the Medellin cocaine cartel -- preferably with the Colombian government's permission but without it if necessary. "People talk about sovereignty," says Von Raab, "but what about our sovereignty? They are chemical-weapons factories. They fly poison out and drop it on shopping malls...