Word: jaguars
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...article last year, S.C. Gwynne, a former loan officer for a "medium-size Midwestern bank," described a 1978 visit to Manila, where he met with representatives of a Philippine construction company with connections to the government of President Ferdinand Marcos. After being whisked through customs, Gwynne found a red Jaguar and a pretty 20-year-old woman at his disposal. "The girl was unexpected," he wrote. "Bangkok Bank gave me a silver Lincoln but no girl." After returning home, Gwynne, at the urging of his superiors, arranged for his bank to give a $10 million loan to the Philippine company...
...best-known companies. So within months after coming to power in 1979, Thatcher and her Conservative Party took steps to sell the assets of numerous firms to private investors. About half of Britoil (1983 pretax profits: $762 million) is now in private hands, as is all of the Jaguar automobile division of BL, formerly British Leyland...
Selling the companies is proving trickier than the Conservatives had expected. Frequent squabbles have broken out within the government over such basic questions as which companies to privatize and when to do it. Simply bringing the companies' stock to market has often been a problem. Jaguar's initial offering of 178 million shares sold out quickly in July, prompting Labor charges that the price was too low and that British industry was being divested for far less than it was worth. At the other extreme was the stock of Britoil, which found few initial takers because...
...from Sears is shoes. Reason: his 13 A size is too rare for his stores to keep in stock. Telling's only ostentation is that he often rides to work from his home in Northbrook, Ill., in a company limousine or sometimes drives himself in a sleek black Jaguar. He defensively points out that the Jag belongs to his wife Nancy...
...morning in 1519, they were stunned by its grandeur. A shining metropolis of some 300,000 people, far larger than any city in Europe, Tenochtitlan displayed immense stone temples to the gods of rain and war and an even more immense royal palace, where Aztec nobles stood guard in jaguar-head helmets and brightly feathered robes...