Word: farness
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Dates: during 1980-1989
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...make a dent in the money-laundering trade, authorities will need more support from the financial community. "They're now willing to tell us about people coming in with bags of cash," says a regulator, "but as far as anything else goes, you can forget it." Yet many bankers think the feds have become indiscriminate in their crackdown. "They are characterizing traditional, ordinary, international banking transactions as money laundering," gripes Gerald Houlihan, a Miami attorney who represents financial institutions in money-laundering and forfeiture cases. "They are not going after money launderers, but are attempting to terrorize banks...
Conservative activists were concerned that Bush had gone too far in pledging to help Gorbachev economically. Military experts doubted that treaties to cut nuclear warheads and European force levels could be completed by next June, or anytime next year. The President promised to "kick our bureaucracy and push it as fast as I possibly can" to meet the deadlines. Yet despite the smiles in Malta, the obstacles to arms control are more than bureaucratic; the two leaders did little to resolve fundamental disagreements...
...including Hungary and Uganda, have started to form committees and plan activities. Says Denis Hayes, a San Francisco lawyer and chairman of Earth Day 1990, an international umbrella organization: "The whole thrust of Earth Day as we go into the 1990s is an environment that is much brighter, a far more diversified movement and, hopefully, a working agenda for the next ten years...
People may think they can change only their own life-styles, but their influence extends far beyond their homes, cars and offices. Americans can put their money where their ideals are by investing in companies that respect Mother Nature. Several mutual funds have been set up to buy shares only in corporations judged to follow the Valdez Principles, a set of guidelines for environmentally sound practices. Most important of all, Americans, like the citizens of all democracies, have the ultimate political power to enforce their will. If they are anxious to have a cleaner, safer, healthier environment for themselves...
...far too long, many U.S. companies have looked upon the ecology movement as bad for business. Putting scrubbers on smokestacks is expensive, they lament, and drafting all those environmental-impact statements can consume an enormous amount of time and resources. But while cleanup efforts cost money in the short run, they can eventually pay hefty dividends. As more and more firms are discovering, many environmentally sound practices can build up goodwill, win customers and produce a healthier bottom line...