Word: cashes
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Dates: during 1980-1989
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...1/4-hour final. "Most pleased!" he declared. "I really wanted to win. I was determined." His title is no mean feat: the game has now been translated into 19 languages, and 100 million copies have been sold. Hiyakuta, a trading-company employee from Chiba City, took home a cash prize of $15,140 -- the amount of play money that comes with a Monopoly...
Philip Morris hopes that its play for Kraft will prove to be pre-emptive -- so attractive that Kraft management will be unable to turn it down. The tobacco and food giant is proposing to buy Kraft for $90 a share in cash, a 50% premium over the $60 price of Kraft stock before the offer. To get a friendly match and outbid other possible suitors, Philip Morris may have to raise its bid to more than $100, according to Wall Street analysts. Says Hamish Maxwell, the Philip Morris chairman: "We're prepared to negotiate this deal...
Kraft also offers Philip Morris a strong presence in the international markets that provide about a quarter of the food company's revenues. While Philip Morris' cigarettes are widely available throughout the world, its General Foods grocery products are not. Finally, Kraft has a $1.2 billion cash hoard, tempting bait for any raider...
...late 1987 Moro had introduced the agents to a Panamanian branch of BCCI for their laundering operation. The agents collected cash from Medellin dealers in the U.S. and deposited it at domestic banks, then wired the money to the account of a newly created shell corporation in the BCCI branch in Panama. The agents then provided the Colombian traffickers with signed blank checks that could be cashed at most banks...
...laundering activities and prosecuting banks that, wittingly or not, play the game. Said U.S. Customs commissioner William Von Raab: "The bottom line is that whatever kind of financial institution you are, if you have crooks for customers, then you are a crook." Considering the billions of dollars in narcotics cash deposited every year in banks, that statement undoubtedly put honest bankers everywhere in a heightened state of alertness...