Word: charityitis
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That is, if the kids ever see the money. Lucom's widow Hilda, 83, the frail matriarch of Panama's prominent Arias family (a clan that has produced two of Panama's Presidents), with the support of her children is battling to get the will declared invalid. They say the...
Lehman insists that the Ariases, members of Panama's rabiblancos, or white élite, are just being greedy. They deny it, though they won't say how much of the money they would give to charity if they won. But Lehman says this tropical probate drama tests whether Panama's...
These are heady days for tiny Panama. It is undertaking a massive expansion of the Panama Canal, luring billions of dollars in maritime and high-tech investment that could make it the Hong Kong of the Americas. But here's the other side: in the past few months, scores of...
Even if the Ariases win, they risk becoming another symbol of Latin America's gaping chasm between a hyperwealthy élite and the abject poor. Panama and its reformist President, Martín Torrijos, may have a good business plan for the future, but the nation's near 40% poverty rate...
We’ve all heard of Valentino, Ralph Lauren and Tommy Hilfiger, but less recognizable are names like Jen Kao, Mary Ping and Thuy. “Project East,†a fashion show organized by Timothy M. Parent ’09 and Kristin S. Kim ?...