Word: investers
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...people he manages to impress never had to live in a communist country, never had to go hungry or be separated from their family. I am sick of people glorifying a man who is a criminal and who violates human rights. He tries to impress businessmen who want to invest in Cuba: Come to Cuba, frolic in the sun while Cubans starve. Someone stop him. ANA FISHMAN Los Angeles...
...which passed with no opposition and 11 abstentions, "requests the Harvard Corporation and Board of Overseers of Harvard College to adopt a policy of selective purchasing which would prohibit any part of the University or its subsidiaries from buying products from or entering into contracts with oil companies which invest in Nigeria...
...commit suicide, could face criminal prosecution on charges of maintaining an illegal slush fund. Roh has admitted to collecting $650 million while in office, but says he was following in the footsteps of his predecessors, who routinely used the slush fund to finance election campaigns, bribe opposition politicians and invest for personal profit. The real fallout could come if prosecutors discover that Kim Young-sam, elected in 1992 as an anti-graft crusader, accepted money from Roh. "Roh is like the Heidi Fleiss of Korean politics," says former Seoul bureau chief David Jackson. "There's no doubt that he could...
...could face criminal prosecution on charges of maintaining an illegal slush fund. Roh has admitted to collecting $650 million while in office, but says he was following in the footsteps of his predecessors, who routinely used the slush fund to finance election campaigns, to bribe opposition politicians and to invest for personal profit. The real fallout could come if prosecutors discover that Kim Young-sam, elected in 1992 as an anti-graft crusader, accepted money from Roh. But although the president insists he has taken "not a single cent" from Roh's funds, most Koreans seem to think...
Whatever the merits of the complaint, it highlights the intriguing background of a key Investcorp insider: Abdullah Taha Bakhsh, a Saudi tycoon who has served on Investcorp's board since the bank was founded and who helped persuade other rich Saudis to invest. (Like Investcorp, Bakhsh filed a motion to dismiss the Saudi European action, and his lawyer expects it to be granted.) The complaint points out that Bakhsh was a major shareholder of Paris-based Al Saudi Banque, which collapsed in 1988, and accuses him of looting that institution. One of Bakhsh's other holdings is the First Commercial...