Word: chips
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Dates: during 1970-1979
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That modest gift-no strings attached-was in addition to the $25 million that the Saudis annually fork over to fedayeen organizations. Depending on their oil wealth, other Arab states chip in with similar but smaller tokens of support, while such ideological allies of the Palestinians as the Soviet Union and China contribute arms and other materiel. In fact, despite the much publicized poverty and squalor of the refugee camps that provide the fedayeen with a power base and a manpower pool, the Palestinians have what is probably the richest, best-financed revolutionary terrorist organization in history...
...fiscal managers. The organization has put together what amounts to an estimated $60 million to $100 million investment portfolio; current holdings include ownership of two Beirut hotels, a 500-room youth hostelry under construction in Cairo, shares in shipyards, oil tankers and television stations abroad, as well as blue-chip holdings in U.S. companies that operate in the Middle East. Some of this money has even been used for the quiet purchase of land on the West Bank that local Palestinians might otherwise be tempted to sell to Israelis. These investments have a double purpose: they may make the Palestinians...
Green had to nurse his stroke lead through the harrowing four concluding holes after learning of the possible assassination attempt. After a relatively nondescript front nine in which he birdied the third and fourth holes but bogeyed the ninth with a wayward chip, he buckled down to withstand the onslaughts on par by Graham and third-place finisher Tom Weiskopf...
...Crimson football squad looking to rebound from last season's so-so third-place finish, the prospect of doing battle in the pits with even a pair of those behemoths isn't very encouraging. And around the Ivy League, in many sports, the story is the same: Blue-chip athletes are being vigorously courted, and often successfully wooed, by Harvard's athletic rivals. Yet Harvard continues to stand by its policy of low-level recruiting, with results that have been, at least so far, fairly good...
...fact, the pressure may already be starting to build. The NCAA recently reduced the amount of scholarship money that each Division I school can award by 40 per cent--a move that will make other Ivy League schools that much more competitive for the truly "blue-chip" athletes. With rivals stepping up their recruiting, and with the "Harvard mystique" inevitably fading as the school drifts further away from the Roosevelt-Cabot era, Harvard may decide it has to change its admissions process...