Word: entrepreneurs
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...wrong direction at the starting line and disappeared into a fog bank. Now the old Frenchman's craft, France 3, belongs to Moviemaker Yves Rousset-Rouard, who has her back in Newport for another try. The hardiest dreamer left is Alan Bond, 45, an Australian entrepreneur from Perth, whose fourth adventure this summer will bring his tab to $9 million. Bond's boats have garnered the honor of challenging for each of the past three America's Cup series. Again this summer, of the three Australian entries (Advance and Challenge 12 the others) that began round-robin...
Duvall, a gifted, risk-taking actor for 20 years (Apocalypse Now, Tender Mercies), plays men whose rage seems about to explode from their guts. Always Duvall watches, looking for the tiniest tear in society's fabric. As the entrepreneur of Angelo My Love, he has found a dozen spirited gypsies tumbling out of that hole, victimized by their historical typecasting as scavengers and scoundrels...
...distributor for the toy, the WallWalker has other charms. It has already made him a millionaire several times over. The walk to riches began last November, when Hakuta's parents in Tokyo sent several of the widgets to his 3½-year-old son Kenzo, in Washington. Entrepreneur Hakuta, who has an M.B.A. from Harvard and runs a Washington-based import-export firm called Tradex, was immediately smitten with the toy and arranged to have it shipped to the U.S. He says: "I figured it might be something that could put humor into this recession." (Tradex, which...
...intrigue began when Tannoury, 37, a Paris-based entrepreneur, told Saudi Sheik Mezan Pharaon that Gaddafi had offered $1 billion to anyone who could supply certain "strategic materials," presumably parts for an atomic reactor. Tannoury said he could obtain the materials through Venezuelan associates, but that he first needed to come up with a $33 million down payment. For approximately $14 million in cash, Tannoury said, Pharaon could share in the profits of the operation. A short while later, the sheik gave Tannoury the $14 million...
...Tennessee will also absorb up to $86.5 million in uncollectible U.A.B. loans. Any more than that will be covered by the FDIC, which believes the total may reach $160 million. The biggest loser is Jake Butcher; he owned $15 million in U.A.B. stock that is now worthless. The flamboyant entrepreneur, who five years ago was Tennessee's Democratic candidate for Governor, and who was the driving force behind last year's Knoxville World's Fair, has clearly lost more than a bank...