Word: illicitness
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...inhabitants now survive through tourism and farming. The crisp mountain climate is ideal for growing choice-grade oolong tea, and dozens of Chinese teahouses along the main road serve it up sweet and steaming. There are also strawberry, pear and corn plantations, not to mention a thriving industry in illicit firewater distilled from local fruit and grains...
When he appears before the Senate Commerce Committee, Lay is expected to argue, as his wife did, that he relied on the counsel of legal and financial experts, who told him there was nothing illicit or unethical about hiding billions of dollars of Enron's debts in off-balance sheet partnerships that ended up inflating the company's reported earnings. To prove his point--and show how much he believed in the company until the bitter end--the man who has collected some $200 million in compensation over the past three years will try to explain...
...Another scourge as deadly as terrorism - the trade in illicit drugs - suffered a setback as a result of the attacks and the consequent war in Afghanistan. The bombing severely disrupted a main source of the world's supply of heroin, while heightened border security is leaving hundreds of tons of illicit drugs lying undeliverable in smugglers' hiding places from Tijuana to Tehran. Already, producers in Peru are switching from coca to opium poppies to fill the gap - but 2002 will see fewer lives ruined by heroin addiction, largely thanks to Osama bin Laden...
...Anderson, but this situation is only indicative of a larger problem. The “Big Five” accounting firms often make more money from consulting fees from their audit clients than from audit fees themselves. They have the incentive to turn a blind eye to potentially illicit practices to make sure those consulting fees keep rolling...
After one month Sanders was allowed to carry money at the pump--a promotion. "Jean's been a good man," says Brad Goodman, the station owner. "When I met him, I found it hard to believe that he had such an illicit history. He was very soft spoken, well mannered, clean cut." Sanders makes less than $13,000 a year, and he doesn't get any benefits yet. But he is employed and has a room of his own. "I don't have no issues," he says. "I work, I come home tired, I go to sleep, I go back...