Word: grandness
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Dates: during 1980-1989
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...cattle and the exploration for oil. I think it's just a matter of sitting down with all the interests and working out the details." The preserve can be created, he believes, for about $20 million. Says Mott: "It isn't a question of dollars. What's the Grand Canyon worth? What's Yellowstone worth...
...Venice Biennale is the longest-running art festival in the world. It has too many shows, too many egos clogging the Grand Canal and not enough people on the switchboard. Even when it is bad it is still good because it is held in Venice--an advantage that few other cultural shindigs can claim. The 42nd Biennale, which opened last week, is the largest ever, featuring work from an unprecedented 41 nations. It divides into two main sections: the national pavilions and a set of shows arranged around a given theme. This year the theme is relations between...
...final of the Grand Challenge Cup, which the Harvard varsity eights won lastyear, Nautilus Rowing Club, the British nationalcrew, defeated the University of Pennsylvania. TheQuakers had upset national champion Wisconsin onSaturday...
...latest career. Last year he was fired from his job as a sales manager at the Philadelphia office of Shearson Lehman Bros., a New York-based brokerage firm, after authorities began investigating % large unreported currency transactions at the company. Last week that investigation finished with a flourish: a federal grand jury indicted Shearson Lehman, Cantley and six other people on charges of laundering $1.2 million for an illegal gambling syndicate...
...rare move, the grand jury charged that Shearson managers and employees knew about the money-laundering scheme. Now a subsidiary of American Express, Shearson is also accused of violating the federal Bank Secrecy Act, which requires that financial institutions report to the Internal Revenue Service all cash transactions in excess of $10,000. If convicted, Shearson faces a maximum fine of more than $16 million. While several banks have been charged with money laundering, it is unusual for a brokerage firm to be indicted for that offense...