Word: looted
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...Jose and keep working. "All the time I came here with the illusion of making a lot of money," he said. "I want to make more." Another consideration: since he is not a permanent U.S. resident, Uncle Sam will keep 30% rather than the usual 20% of the loot...
...while, the skeptics were right. The network experienced intense birthing pains. Raising the seed money was no picnic, as founder Sheldon Drobny spells out in the memoir Road To Air America: Breaking The Right Wing Stranglehold On Our Nation's Airwaves. Drobny raised the loot, beat the drum, rounded up political support, then saw the project mismanaged and nearly torpedoed. (He was not at New York headquarters for the startup, and is not mentioned in the documentary...
...Texas. The Janjaweed roam the windswept plains and parts of the central range of jagged, extinct volcanoes on camels and horses or in pickup trucks mounted with machine guns. Bands of 10 or 12 men swoop into a village, shoot the men and boys, rape the women, loot and burn huts and mosques, rip up crops and slaughter or steal livestock. Halima, 30, was working in her family's field in the village of Gadarra when she heard "the voice of guns" last July. "The attackers were on foot and running and shooting. They wanted to kill us," she says...
...What's driving India's mania for malls? Bakshi of McDonald's says real estate speculation is one major factor: "In many cases, it's the 'loot-and-scoot' model. You see an opportunity, you build a mall, you sell out and leave." Mall builders like Unitech and DLF acknowledge that there has been speculative mall building, but blame it on smaller competitors that lack their long-term vision. Instead of putting a check on the mall-building glut, says Bakshi, India's state and local governments are all too happy to encourage it. "Governments sell land because they...
...filed suit in Parma's court against the two banks, claiming that both transactions were illegal under Italian bankruptcy law and should be revoked. Last month he filed suit in New Jersey against Citigroup, alleging that the American bank helped Parmalat's founder, Calisto Tanzi, and other insiders loot about $8 billion from the firm. Citigroup denies any wrongdoing. Bondi isn't talking, but people close to him say that other suits are likely. Bondi's job is to breathe new life into one of the largest bankrupt companies in corporate history. Why is he spending his time chasing after...