Word: consortium
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Dates: during 1970-1979
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...investigators are hunting even bigger game. They are drawing a bead on the affairs of William J. Crum, the unchallenged "Money King of Viet Nam." As told by congressional investigators and Government witnesses, Crum sat atop a sprawling $40 million consortium of corruption that reached all the way to MACV headquarters. His enterprises were manifold and very often illegal. He smuggled and traded in the black market. When necessary (which was often), the subcommittee was told, he bribed or pressured high-ranking civilian and military personnel. At one point, he held a virtual monopoly on the sales of all slot...
...when "guess-who" was Vice President), the CIA engineered a coup against the popularly-supported government of Mossadegh, after that nationalist leader began nationalizing Anglo-Iranian Oil, the largest Western firm in that country. The CIA restored the present Shah to the throne, and a year later an Oil Consortium was created through negotiations between the Shah and American companies (the British and Dutch were effectively excluded from those negotiations). The result was that British oil interests were reduced to 40 per cent, American interests increased to 40 per cent, and the Dutch and French shared the remains...
Rockefeller backed up his conclusion with an offer of $25,000 to a consortium of students and faculty members from Hampshire and the nearby campuses of Smith, Mt. Holyoke, Amherst and the University of Massachusetts. The money was to pay expenses while the consortium decided on a social-improvement project for the Connecticut River valley and enlisted the aid of local firms in carrying it out. "It is right," Rockefeller added, "for older people to be pushed...
...that, the student members of the consortium began pushing him. Suspicious that Rockefeller was doing his thing and not theirs, they protested that they had not had time to consider the gift properly−and turned it down. They might reconsider, they said, after the matter was aired in campus forums...
Chase N. Peterson '52, dean of Admissions and Financial Aids, said yesterday, "You'd need a consortium to make it work and so far that kind of organized thing has not appeared...