Word: industrialists
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...corruption that helped topple the Shah of Iran two years ago, the Saudi regime has recently begun a well-publicized clean-up drive. The campaign, though, is largely cosmetic; payoffs continue unchecked. One method is fifty-fifty partnership arrangements between foreign companies and Saudi locals. Complains a Dutch industrialist: "It's all very well arranged, with profit-sharing arrangements set up for this purpose. But it is still bribery...
Some 6,350 miles away in Tehran, the Americans were enduring a final episode of psychological abuse. Most, if not all, had been assembled by Iranian revolutionary guards at an undisclosed site in northern Tehran, probably the opulent mansion once owned by Hojabr Yazdani, a wealthy cattle breeder and industrialist who is now a fugitive from Khomeini's regime. They had been examined by the Algerian doctors, but the hostages had not been told that they were to be released. Ahmad Azizi, the Iranian government's second-ranking spokesman on the hostages, claimed later: "It would have been too painful...
DIED. John J. Bergen, 84, a Pennsylvania mine owner's son who became a top industrialist and investment banker, playing a leading role in the construction of the new $100 million Madison Square Garden in New York City in 1968; in Cuernavaca, Mexico...
...jets and ships and marketplaces. It is an astonishing experience to dine with this fraternity and learn that a British banker has spent the week in Charlotte, N.C., where he guides a financial institution; a German economic expert has seen more Dallas Cowboys games than most Texans; an Italian industrialist has supped with Henry Kissinger in New York a few nights ago, and will see him in two weeks in the Bahamas...
...awards pay tribute to a mere fraction of man's achievements. Still, the six Nobel Prizes announced every autumn are the supreme status symbol, the most coveted and prestigious honors awarded anywhere in science and literature. The laureates, judged under the terms of Swedish Industrialist Alfred Nobel's will to "have conferred the greatest benefit on mankind," receive medals, money and the instant acclaim of peers and public alike. Ranked with the likes of Albert Einstein, Marie Curie, W.B. Yeats and Albert Schweitzer, they are deluged with honorary degrees, speaking invitations and book contracts...