Word: conduite
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Hastings' problems stem from his longtime friendship with William Borders, a prominent Washington attorney, who was convicted in a separate trial in 1982. After learning from an informant that Borders claimed to be a conduit for bribes to Hastings, the FBI commissioned a retired agent to pose as one of two brothers convicted of racketeering in the judge's courtroom. The impersonator struck a deal with Borders. In exchange for $150,000, Borders would get Hastings to reduce the brothers' punishment. Two meetings and a cryptic wiretapped phone conversation ensued between Hastings and Borders, followed by an order from...
Using its close ties to Japanese investors, Nomura serves as a central conduit for the trillions of yen pouring out of Japan in search of bigger, better returns. Last year, when Japan had a trade surplus of $96 billion, its net purchases of foreign securities amounted to $88 billion, up from $4 billion in 1980. The largest portion of that outflow used to go into U.S. Treasury securities, but increasingly the Japanese are buying foreign stocks and bonds. They are also acquiring overseas companies and real estate. And no matter what type of play a Japanese investor wants to make...
Describing herself as a "conduit" in her current job, Thornburgh is the person to whom the faculty coordinators in each of the University's schools turn to for help in making arrangements for students with special needs. "I'm a resource person," she says. "Schools vary in their...
...gently chiding the Massachusetts Governor from the left on such issues as South Africa and military spending, Jackson may be simultaneously advancing the causes he cherishes and enhancing Dukakis' political image. By contrast with Jackson, Dukakis cannot help appearing to be a centrist. As Bert Lance, a longtime conduit between Jackson and the party establishment, puts it, "Jesse gives Dukakis great cover. Dukakis can't have it any better than that...
...prosecuting American tax cheats. But as the standoff continues, Noriega may find new benefactors. Libyan Leader Muammar Gaddafi, for instance, is said to be ready to loan Panama $20 million. However, Swiss bankers have reportedly turned down Noriega representatives who tried to set up a numbered account as a conduit for the money...