Word: loaning
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...architect of the party's 1980s makeover from an unpopular assemblage of hapless lefties to the formidable centrist vote-getting machine it became under Blair. But he is also Machiavellian and polarizing. He has had to quit the Cabinet twice, first in 1998 when he failed to disclose a loan from another Minister, then again in 2001 when he was alleged to have intervened improperly to secure a passport for a foreign businessman. An inquiry into the latter episode subsequently cleared him of any wrongdoing, but last week opposition from senior Labour figures still kept Blair from offering Mandelson what...
While Kushner awaits arraignment, New Jersey debates McGreevey's future. Besides the Kushner affair, the Governor is coping with the resignation of his commerce secretary amid charges of a sweetheart loan offer as well as the indictment of yet another of his fund raisers, David D'Amiano. (D'Amiano has pleaded not guilty to charges of influence peddling.) The Governor said of Kushner last week, "I just pray for him and his family." But if McGreevey doesn't begin to follow through on promises to clean up New Jersey politics, he may be praying for a new job. --With reporting...
...Macau is still a far cry from America's glamorous Sin City. For the past four decades, the government endorsed the casino monopoly run by local tycoon Stanley Ho, 82, who failed to fully modernize even his flagship Hotel Lisboa. In the run-up to the 1999 handover, rival loan sharks inspired many of the turf wars in the gangster-ridden colony. Violence escalated to the point that in 1997 Macau's Secretary of Security reassured tourists that they were unlikely to get caught in the crossfire because the city had "professional killers who never miss their targets...
...Macau is still a far cry from America's glamorous Sin City. For the past four decades, the government endorsed the casino monopoly run by local tycoon Stanley Ho, 82, who failed to fully modernize even his flagship Hotel Lisboa. In the run-up to the 1999 handover, rival loan sharks inspired many of the turf wars in the gangster-ridden colony. Violence escalated to the point that in 1997 Macau's Secretary of Security reassured tourists that they were unlikely to get caught in the crossfire because the city had "professional killers who never miss their targets...
...proof is less stringent). Instead, the bulk of the charges against Lay allege that he helped keep the deceit alive after he resumed his role as CEO in August 2001, when Skilling abruptly resigned. The remaining charges deal with an obscure bank-fraud rule involving Lay's personal-loan applications. "I have to go home and look up something called a Reg U," Lay's attorney griped. "That's a stretch...