Word: mercedeses
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On a busy street in Moscow, pure capitalism is on display. What was once the black market is now legitimate entrepreneurship in the thriving sidewalk kiosks that peddle everything from Dutch chocolates to Japanese tape recorders. Shortages -- and long lines of shoppers -- have diminished even at state-run food stores...
While workers forego vacations because they can't spare any money at all, Reid says the closest administrators come to sympathizing is when they say, "I didn't take a vacation either this year because I bought a new Mercedes."
Students are often most aware of the flaws. University of Southern California sophomore Vinkey Moroak says one friend got a generous grant even though her father earns $300,000. The secret: the nonworking mother filed a separate tax return and claimed the daughter as her dependent, while the family home...
Today he is a more sophisticated militant whose weapon is money, not missiles. A self-made millionaire reportedly worth $10 million, he built his fortune as a young partner in the local contracting firm of Iglesias y Torres, then bought out the company and Anglicized the name to Church & Tower...
With that kind of money, the University could buy every undergraduate a top-of-the-line, fully loaded Mercedes-Benz 600 SEL.