Word: italian
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Dates: during 1970-1979
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...seminars and informal chats with editors, writers and executives. Eric Sidler, a partner in the Charles Barker agency of Frankfurt, summed up the value of these gatherings in a discussion of international advertising styles: "The British have great humor and creativity, the Germans do terrific research, Swiss and Italian design is without peer. What U.S. advertising does best is bring everything together...
...affair in Chiasso, a Swiss town on the Italian border, is a result of Switzerland's historic role as a haven for foreign money. For years, wealthy Italians had been lugging suitcases crammed with lire for deposit in Swiss banks; Crédit Suisse in Chiasso was a prime recipient. In 1975 the Swiss government became alarmed by the foreign-currency inflows that were forcing up the Swiss franc to unrealistic levels, harming Swiss exports. To discourage foreign depositors, the government slapped a 10% "negative interest" charge on large accounts held by non-Swiss...
...especially for that purpose. A door connected their offices with those of lawyers who were involved in some of the transactions. From Chiasso, an estimated $880 million was funneled to a Liechtenstein-based holding company called Texon-Finanzanstalt. In turn, that company invested the money in three Italian undertakings: a winemaker, a resort near Venice and a plastics manufacturer...
...bound by a loyalty oath of blood and fire. They are divided into regimes, or squads, under the command of caporegimes, or lieutenants, who in turn take their orders from the clan's dons. Years ago, the don was both a prince of crime and social arbiter among Italians in his territory. But the breakup of the old Italian neighborhoods has stripped away his social functions?and any romanticism that might have surrounded him. Today he is no more than a hoodlum who has reached the top by outwitting, frightening, maiming or killing his rivals. Says Schiller: "We are dealing...
...sick of the Italian image of the uneducated housewife. The women I know give their time to charities and hospitals. They don't get in the papers. They don't do it for that. I feel for the Watergate wives. I admire them for standing by their husbands. I uphold that...