Word: investments
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Dates: during 1980-1989
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Under Tureen's guidance, the Maine Indians used a third of their settlement to repurchase 300,000 acres of lost forest land. Another third was put into a trust and now provides each Passamaquoddy and Penobscot household with a $1,000 to $1,200 annuity. To help the Indians invest the remaining $27 million, Tureen set up Tribal Assets in partnership with Daniel Zilkha, 44, a Princeton friend and former Wall Street investment banker. Because of Zilkha's connections in the financial community, says Tureen, "we had access to capital markets in a way that Indians would never have...
...million reconstruction to turn the decaying area into an amusement park. Survivors of the bloody trail are not amused, however, and compare the idea to refurbishing Auschwitz as a Disneyland. The Japanese would also prefer to let River Kwai ghosts rest; they turned down Thai requests that they invest in the project...
...money that could easily purchase a comfortable home or a couple of Porsches or three ashtrays for the Defense Department. So putting to use the skills I've learned from my alma mater, I have been doing some research to determine which brand of beer I will invest in for the rest of my life. Since going to a library really wouldn't help in this pursuit, I have decided to choose my brand based on television advertising...
...cheating on the deal, the semiconductor pact is in danger of unraveling. Moreover, a panel of experts investigating the military's chip supplies has concluded in a report to the Pentagon that only major Government intervention can save the U.S. chipmakers. The report recommends that the Defense Department invest some $2 billion over the next five years for research and development in chip-building technology. Says Martin Marietta President Norman Augustine, who chaired the advisory panel: "If we don't do this or something akin to this, the U.S. semiconductor industry will...
Both Stanford and Carnegie Mellon now own one-half of one percent of Next. Jobs will permit no more universities to invest in the company...