Word: conduit
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...cable is only the size of a large garden hose, and its route across the marshlands of New Jersey is not particularly breathtaking. But AT&T workers are taking extraordinary care in handling and splicing this slender conduit as they work their way inch by inch toward the ocean. This is no routine telephone line going in. When it reaches its final destination -- Europe -- in 1988, the $335 million cable will be the first telephone line to carry voices and data across the Atlantic on beams of light...
...both of whom have since left the firm. In tracking down the accusation, Merrill Lynch authorities discovered that their employees' actions mirrored trades ordered through an account at the Bahamas branch of Switzerland's Bank Leu International. The brokerage did not know it, but the account was the main conduit used by Levine for making his own insider moves. Merrill Lynch passed on the information about Bank Leu to U.S. authorities in June 1985; it took almost a year before Swiss authorities agreed to divulge the name behind the account number...
Sccord has acknowledged giving the Contras advice, but "has steadfastly denied that he is a conduit or a middleman for Saudi Arabian aid," said his lawyer Tom Green...
Taking a larger role in such crises will be a novel experience for both Conable and the World Bank. The bank was founded in 1945 as the chief conduit for aid to war-torn Europe and Japan. It was viewed as a source of 15- to 20- year development loans, while the International Monetary Fund was created simultaneously to provide short-term lending to countries suffering from balance of payments problems. Since World War II, though, the World Bank has * evolved from a long-term lender for Third World public works to a technocratic antipoverty institution with some...
Soviet authorities have been silent about Bonner's conduct. But last week for the first time, there were hints of Moscow's displeasure. Soviet Journalist Victor Louis, who often serves as an unofficial conduit for the Kremlin, said that Bonner's boldness has dimmed her chances of winning a reprieve from exile. Said Louis: "She went abroad for medical treatment, but she is seeing politicians, not doctors. Her political activities have undermined the situation. She's lost any sense of reality." After meeting briefly with Prime Minister Margaret Thatcher in London, Bonner dismissed Louis' remarks as "blackmail...