Word: kilos
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Dates: during 1980-1989
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Just as many are simply entrepreneurs. The profits can be staggering. Says one California ex-dealer: "I remember having $800,000 in cash lying around the house. Or I'd be out playing tennis and have my tennis gear in one bag and $200,000 and a kilo of coke in the other." One federal drug official stationed in Miami sounds almost like a franchise promoter. "In two days in Miami," he says, "anyone can score a kilo [for $50,000]. The small dealer is taking no greater risk than running a traffic light. He can afford a fantastic lifestyle...
...banker) busted. "It used to be that a pound of cocaine was a big seizure," says Assistant U.S. Attorney James Walsh, John De Lorean's prosecutor and head of the new federal task force in Los Angeles. "Nowadays, if it's a couple of pounds or a kilo...
...more people, even professionals like lawyers and doctors, are dealing drugs. A kilo (2.2 lbs.) of uncut, nearly pure cocaine fresh from South America sells for about $60,000 wholesale in Los Angeles. An amount as large as De Lorean's alleged shipment would normally be purchased by a well-established drug dealer on behalf of a consortium of investors. From that initial buy, the coke can change hands several times, with the drug "cut" or adulterated each time until it is about 20% pure. On a Los Angeles street corner, a gram of coke sells for about...
...original kilo, or "key," thus may end up fetching $500,000 on the street, for more than a 700% profit. For the adventurous, the greedy, or even for the hard-pressed businessman, the lure can become irresistible. "If you want to become a millionaire in a short period of time," says Robert Brosio, an assistant U.S. Attorney for Los Angeles, "in the drug business you can work your way up very fast." Fear of getting caught does not substantially deter risk taking. In Southern California, as elsewhere, those who use cocaine tend to be people of substance and reputation...
...port on the Gulf of Oman commanding the approaches to the strategic Strait of Hormuz. The mysterious new tower that had been spotted near the town turned out to be no Soviet listening post. What had been mistaken for a spy installation was, in fact, a powerful 1,200-kilo-watt radio transmitter set up by the Iranian government to foment Islamic revolution abroad. Broadcasting in a dozen languages, the transmitter has been beaming subversive broadcasts to the Indian subcontinent, the Arabian Peninsula and parts of Africa...