Word: mammoths
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B.C.C.I.'s fondness for drug money brought the bank to grief in Florida and eventually led to recent mammoth losses. Undercover customs agents first stumbled onto B.C.C.I. money laundering during a sting operation. As part of the scheme, agents sent several million dollars of Medellin cartel drug funds through a B.C.C.I. bank in Miami. What happened next was worthy of Alice in Wonderland. Bank officers noticed the agents' amateurish attempt at money laundering and offered to teach them more sophisticated methods. Example: the bank would wire funds to B.C.C.I. branches around the world before handing the cash back to drug...
...floor of the 110-story Sears Tower is a monument to the company's glorious century as America's favorite store. Now those days are gone. When Sears' 13 directors gathered last week in the spacious, peach-carpeted 68th-floor boardroom, the reports they faced were overwhelmingly bad. A mammoth increase in advertising had scarcely budged sales. Profits were way down. The Christmas selling season was the worst in 15 years. One piece of news especially seemed to mock the setting's regal grandeur. Sears, officially, is no longer America's largest retailer. The new king: Wal-Mart, a onetime...
Free-lancing reporters have scored many other coups. Some of the first shots of the mammoth Iraqi-instigated oil slick came from a British ITN crew fully two days before pool footage arrived. A group of nonpool journalists driving near the Iraq-Saudi border last week got a scoop when four hungry Iraqi army deserters approached them and surrendered. Complaints about the pool reports have been growing. "Why didn't we get the oil spill? Why wasn't a pool on the ((battleship)) Missouri when it fired its guns?" asks Thomas Giusto of ABC, who is coordinating pool coverage...
Debate over Scheme Z has been heating up for almost two years now, ever since state planners added blueprints for the mammoth, 11-tier bridge across the Charles River to their designs for the new Central Artery highway system...
...Kuwaiti government-in-exile. In Taif, Saudi Arabia, where the Kuwaiti administration has settled for the time being, experts plotted the prevailing currents in the gulf and concluded that in only a few days the giant spill could reach Jubail, Saudi Arabia. That is where a mammoth desalinization plant provides much of the potable water consumed in the kingdom's eastern province -- a military target if ever there...