Word: caving
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Dates: during 1980-1989
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...believed were prime development opportunities. The centerpiece of his $1 billion Salt Lake City project is the Triad Center, a $400 million, 25-acre complex of office buildings, a hotel and retail shops. Work stopped after only about a third of the glitzy complex was completed. Khashoggi refuses to cave in to Triad's creditors, among them architects, contractors and banks. "They loaned the money against the collateral, the Triad Center," he says. "Now they hear rumors about my cash-flow problems and call the loans. I am not going to bring in cash from other businesses...
Corporate Editor: Ray Cave...
Corporate Editor: Ray Cave...
...agents and assets keep appearing. Eugene Hasenfus, the American captured by the Sandinistas after his C-123K cargo plane was shot down over Nicaragua on Oct. 5, had performed similar work as a CIA "cargo kicker" over Laos during the Viet Nam War. A more significant connection is George Cave, who was a young CIA agent in Tehran in 1953 when the Company helped engineer the coup that restored the Shah of Iran to power. In the mid '70s Cave served in Tehran as deputy CIA station chief, and the Shah took a personal liking to the suave agent...
...picture in April, when his successor Poindexter phoned him to suggest a mission to Tehran. Poindexter believed the U.S. had an agreement for the release of all remaining hostages. On May 28, after his CIA briefing, McFarlane, along with North, NSC Middle East Specialist Howard Teicher and George Cave, former CIA deputy station chief in Tehran, flew to Iran. As soon as he arrived in Tehran, McFarlane phoned Washington and learned that no hostages had been released. Things went downhill from there. During three days of talks the American quartet met only officials who appeared to have little constituency...