Word: financeseated
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Clay initiated a new era of fiscal responsibility by requiring weekly, detailed reports of the council’s finances and by finally balancing the council’s books. Nichols, who supposedly brings council experience and legitimacy to his ticket, was expelled from the council last year for his...
But the success story began to unravel in Feb. 2003 with the publication of a bestselling book, The Hidden Face of Le Monde, by veteran journalists Pierre Péan and Philippe Cohen. Their allegations were sensational: a corrupt relationship with the head of the police union; gifts to Colombani...
The new Weatherhead Endowment for Collaborative Science and Technology will operate as a venture capital fund that finances innovative projects by Harvard researchers.
Although he led an ascetic existence in Ramallah, Arafat lavished money siphoned from Palestinian coffers on cronies, family members and militant groups. There was income from bank accounts and businesses spread across the world, often held in others' names. A senior Palestinian intelligence official says Arafat had a stake in...
FINANCES: The mystery of Arafat's billions 46