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Exxon also disclosed that its Canadian subsidiary, Imperial Oil Ltd., paid $1.2 million to Canadian political parties over the past five years. Monroe stressed that payments in both countries were perfectly legal, but labeled the Italian payments "a mistake." In response, Church quoted from the auditors' report, which concluded that "the principal factor" in the irregularities "was that higher levels of management . . . condoned falsification of records." That, Church remarked, "says it all." Though bribing foreign officials or making donations to foreign parties do not now violate American law, concealing payments on corporate books could easily breach Internal Revenue Service...
...been collecting, followed in the afternoon by a series of guest speakers. You can hear author-photographer Jurgen Vollmer reminisce about the days when the Beatles were Teddy Boys in Germany, or listen to Richard DiLello talk about what it was like to be an office boy at Apple, Ltd. And if that's not enough, you can feast your eyes and ears on eight solid hours of unreleased Beatle films...
...Stresses. Shay Gap was founded for sound business reasons. Officials of Goldsworthy Mining Ltd., aware that high wages alone could not keep needed workers in the Pilbara for long, decided to build a community that would make life in the outback more tolerable. Their Perth-based architect, Lawrence Howroyd, 45, quickly realized that merely air-conditioning the houses and sealing the windows to keep out dust and insects would not be enough. In the Pilbara, he explains, "the environment throws up all kinds of stresses to which people are not accustomed-the heat, the isolation, fear of children...
Hugh Montgomery-Massingberd Editorial Director, Burke's Peerage Ltd. London...
...Faith. Now manufactured commercially by Kulso Ltd., the machine (cost: about $3,500) can produce an identifying print in two minutes. Shtrikman believes that the patterns, which show brilliancy and quality of a cut stone as well, can also be used to assess a diamond's value. That innovation could have even greater impact on gem transactions. Until now, the only real assurance diamond traders have had when they concluded a deal was the traditional act of faith between them: a handshake and the exchange of the Hebrew words "mazal u-brocha" (luck and a blessing...