Word: cashes
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Dates: during 1970-1979
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There are not many physical assets for either the U.S. or Iran to expropriate. Many U.S. businessmen preferred to export products to Iran or to provide services in exchange for cash on the barrelhead. The Commerce Department estimates that U.S. real estate and other assets in Iran amount to only about $300 million. U.S. businessmen can file claims against the Tehran government's frozen $6 billion to compensate for the assets they stand to lose in Iran...
...years from two dockside businessmen, William Montella Jr. and Walter D. O'Hearn Jr. As evidence, the prosecution produced 27 tape recordings from FBI eavesdropping on Scotto's conversations over a period of five months. On one 1978 tape, he could be heard accepting $5,000 in cash from Montella in the men's room of a New York City hotel. Montella, the onetime owner of a marine carpentry company, testified that the payment was supposed to help prevent labor troubles...
...reason for New York's continuing co-op strength is the presence of moneyed buyers, including many foreigners, who do not need or care to bare their finances to banks; nearly two-thirds of the city's co-op purchases are all-cash deals. Elsewhere, bankers and brokers are devising ways to ease the credit pinch on buyers. Some California brokers arrange deals whereby the seller acts as his own bank; he agrees to turn over his condo to a buyer in return for a so-called trust deed, which requires monthly payments directly from the buyer...
According to the book, high managers were directed from above to give contributions to the company's political campaign fund in assigned amounts up to $3,000. The checks were made out to cash. Ranking executives made every effort to have their meal checks and other expenses picked up by obsequious subordinates so that if shareholders' inquired at the annual meeting, the brass could boast of modest expense accounts. Spying on a competitor was not unknown...
...Cash flow may be the reason that John Paul called such a meeting so early in his reign. The Vatican's tight financial secrecy has encouraged reports of fabulous financial holdings, by some accounts as high as $2 billion. In fact, when John Paul got his first look at the Vatican books, he was apparently shocked at how little wealth there is. Like more worldly organizations, the Vatican is plagued by galloping inflation and an increasingly high overhead. The major problem is the swollen staff of more than 3,000 which John Paul inherited from Paul VI, a born...