Word: grupo
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Dates: during 1980-1989
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...people are more intimidated, and it shows in their reporting." In some cases, darker forces than fear may be at work. A small radio network, Radial 2000, was listed among the business interests of Gonzalo Rodriguez Gacha, the Bogota Mafia superchief who is wanted by authorities. Another small chain, Grupo Radial Colombiano, was believed to be owned until recently by the Cali cartel. Such hints of corruption are uncommon. "In general," says columnist Santos, "the press has been spared economic penetration by drug traffickers...
Seafirst revealed that its portfolio contains $800 million in problem, or nonperforming, loans that have not been written off, a figure that is some $200 million more than analysts had thought. The trouble spots include a $40 million credit to Mexico's bankrupt Grupo Industrial Alfa, the largest private firm in Latin America. The so-called nonperforming loans amount to nearly 8% of Seafirst's $10 billion in total assets; the banking industry average is about 3%. What is more, the loans exceed by 7% the sum of the bank's shareholders' equity and loss reserves...
Teach-in on Quatemala--Noam Chomsky, Jullo Quan et al., speakers; Maremba music by Grupo Maya K'anll; slide show; Arlington St. Church, Arlington and Boylston Sts., Boston...