Word: mexicans
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Dates: during 1980-1989
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...aggressive and resourceful U.S. drug agent, deftly juggling a network of contacts in his native Mexico and setting the stage for major busts. Three years ago, the muscular ex-Marine was kidnaped near the U.S. consulate in Guadalajara, savagely beaten and interrogated by nearly 50 inquisitors. A Mexican pilot employed by Camarena was kidnaped and beaten as well. A month later the bodies of the two men were discovered by the side of the road near a ranch some 65 miles away, bound, gagged and stuffed into plastic bags...
Camarena's horrible death deeply strained relations between Washington and Mexico City. Though Mexican officials eventually arrested more than 60 people in connection with the case, no one has ever been convicted of the murder. Last week the U.S. moved to advance the probe as a federal grand jury in Los Angeles handed up indictments against nine defendants. (The U.S. claims jurisdiction because the murder of an American official anywhere in the world is a crime under federal...
...team's streak had all the flavor of a Mexican dinner followed by a hot fudge sundae. Spicy and sweet...
...long officially kept up the increasingly shaky pretense that the Third World's $1 trillion debt should eventually be repaid in full. But now the Treasury Department has collaborated with the Mexican government and New York City's Morgan Guaranty Trust in devising a novel relief plan. The proposal calls for U.S. lenders to make voluntary concessions that could scale back Mexico's $106 billion in debts by as much as $10 billion...
Under the plan, U.S. banks would swap their Mexican debts at a markdown of as much as 50% for new bonds that pay a somewhat higher interest rate. Despite the loss that banks would take in the trade, the new Mexican paper would be considered more secure and negotiable than the old debts. Reason: before issu bonds that would be worth $10 billion when they mature in 20 years. The U.S. bonds would then serve as collateral for the new Mexican paper. While the proposal may be a breakthrough in the debt standoff, the $10 billion in loan relief would...