Word: collectors
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Dates: during 2000-2009
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...chief tax collector in the impoverished Philippines, Guillermo Parayno does not receive a lot of positive feedback. For nearly two years, the 56-year-old commissioner of the Bureau of Internal Revenue has battled tax cheats and rampant corruption, trying to fix a dysfunctional tax system that is so full of holes the country's solvency is threatened. Tired of fighting a losing battle, Parayno finally gave up in late July: he called President Gloria Macapagal Arroyo and resigned. "There are still many leakages that have to be plugged," he told Arroyo. "I worry that I won't be able...
...Fortune Tobacco didn't return TIME's phone calls seeking comment but his lawyers have consistently denied the charges.) More investigations seem likely. "Businessmen must adopt an attitude of tax acceptance, not tax avoidance," President Arroyo recently lectured. "They must stop trying to outrun the tax collector...
...Paris, as a purveyor of kitsch, and leave her out of their histories of 20th century art. Others see her as an icon whose work captured the spirit of the Art Deco age. Not surprisingly, many of her fans today are from the glamour set: present-day collectors include Madonna and Jack Nicholson; two years ago one of her paintings (The Musician, 1929) sold for $2.6 million. To make up your own mind about her, drop in at London's Royal Academy of Arts, which is showing more than 50 of her paintings in the first major exhibition...
...ALSO A BIG ART COLLECTOR AND DEALER. PRICES FOR IMPRESSIONISTS AND MODERN MASTERS ARE GOING OFF THE CHARTS. WHAT DOES THIS TELL YOU? IS THIS STUPID-MONEY TIME AGAIN...
...Shahwani had fled to London. As the first Gulf War approached, he moved to Jordan and joined the opposition as an intelligence collector. Four years later, he played a leading role in a CIA plot to mount an army coup against Saddam. But the dictator's secret police penetrated the network and aborted the attempt. Al-Shahwani escaped, but among the conspirators inside the military were his three sons. They were imprisoned and eventually executed. As the U.S. prepared to invade Iraq in 2003, he joined American covert teams in the western desert, though he declines to discuss the missions...