Word: foundered
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Dates: during 2000-2009
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...Attorney in St. Louis - where the undercover investigation began when a Western Union office reported to the feds that customers were sending large sums of cash to offshore gambling services - accused BETonSPORTS founder Gary Kaplan, 47, of tax evasion, and issued a warrant for his arrest. The firm was also ordered to suspend sports betting from the U.S., and return money held by its U.S. account holders. The company said it was reviewing the indictment, and has since shut down its website, BETonSPORTS.com...
...Nicknamed the "King of Diamonds" by the U.S. press founder Charles Lewis Tiffany aspired to supply items for every milestone, from gold armlets for newborns to onyx mourning crosses to remember the American Civil War dead. Tiffany's designers often worked with such U.S.-sourced gems as Montana sapphires and Mississippi river pearls, and favored American naturalism over European historicism. As John Loring, design director of Tiffany's since 1979, explains, "Our unofficial motto is that Mother Nature is the best designer." From a delicate diamond-and-sapphire dragon-fly hair ornament (circa 1895) to an Art Deco platinum...
...trouble for the Quijorna Golf Club, located 40 km outside Madrid. Here only rainwater is used to keep the 18-hole course green. And if nature doesn't cooperate in irrigating Spain's first ecological golf course, then let it be brown, explains Paco López, founder of the Quijorna Golf Club. "We merely defend the idea of a natural golf course, adapting its color to the time of year," says López. "Logically these fields will be yellow and brown during summer and autumn. Only in spring will it be totally green." Overlooking his bone-dry club...
...FLDS sect follows the original fundamental teachings of Joseph Smith, the founder of Mormonism, who advocated the practice of polygamy. But unlike other polygamy groups, FLDS members unquestionably follow the directives of a single leader or "prophet." Currently, that position is being held by Warren Jeffs, a fugitive wanted on the same charges as Fischer in Arizona and as a rape-as-an-accomplice charge in Utah. The estimated 6,000 to 11,000 FLDS members in the U.S. follow Jeff's "revelations," which dictate who should marry whom and when. A series of these "revelations" two years ago resulted...
...Muslims earn less than $6 a month, versus 22% of Hindus, and 30% of Muslims are illiterate, versus 19% of Hindus. Muslims make up 13% of the population, yet only 3% of government employees are Muslim. Of course, there are plenty of economic success stories among Muslims. Azim Premji, founder of the outsourcing giant Wipro Technologies, is India's richest resident. But many Muslims are alienated by the consumerism of the new India and feel excluded from the boom. According to the government's surveys, only 27% of Muslims have a salaried job compared to 43% of Hindus...