Word: grandly
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Dates: during 1980-1989
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Every year around Christmas, most students who play the Secret Santa game find themselves in possession of too many 2 oz. bottles of Grand Marnier, little trinkets from Urban Outfitters, singing telegrams and other non-utilitarian presents. In computer lingo, those...
...tiled homes. At the entrance to the housing development, a large billboard proclaims the author of this generosity: PABLO ESCOBAR GAVIRIA, a local billionaire who has been called one of the world's richest men. Escobar is also one of the world's richest fugitives. Last week a federal grand jury in Miami announced that Escobar and four other Medellin tycoons had been indicted because of the source of their immense wealth: control of up to 80% of the world's cocaine trade...
...grand jury charged that since 1978, Escobar and his confederates have smuggled into the U.S. at least 58 tons of cocaine from facilities like Tranquilandia, a massive complex of coke-processing laboratories in the Amazon jungle that Colombian authorities busted in 1984. The Medellin drug barons were also indicted for plotting the murder of Adler ("Barry") Seal, a drug ( smuggler turned informant who was gunned down last February in Baton Rouge, La. Seal was to have been the Government's star witness in the trial of the cocaine kingpins...
Last week Boesky, who has three sons and a daughter, spent much of his time folding up ambitious personal and social commitments he has made. He scrapped a grand plan to remodel the family's ten-bedroom house, situated on 200 acres of land in New York's Westchester County, to look like Jefferson's Monticello. Far more painful, no doubt, was his decision to withdraw from the many prominent positions that had given him a measure of social status, including his posts as a trustee of the American Ballet Theater and finance director for the National Jewish Coalition...
...addition to the individuals, Drexel Burnham as a corporation was subpoenaed by the SEC and by a federal grand jury. For the past two years Drexel Burnham has been Wall Street's most profitable investment firm; its 1985 gross earnings were an estimated $1.1 billion. In a bid to head off a run on accounts held with the company, Drexel Burnham declared it was "providing information" to investigators and emphasized that it "will not condone or tolerate any activities which violate the integrity of the markets...