Word: middleman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...same time, Walsh was busy preparing opening arguments in the trial of Thomas Clines. The former CIA official faces charges of tax evasion in connection with his role as a middleman in the illegal sales of arms to Iran. In 1985 and 1986, the government alleges, he made $882,000 in commissions; he stuffed some into a Swiss bank account and neglected to report the complete amount to the taxman. Walsh's first witness was Clines' business partner, retired Air Force Major General Richard Secord, who pleaded guilty last November to lying to Congress...
...recalcitrant state. Both attempts were flops. A ban on trade with Rhodesia was in effect for 13 years, beginning in 1967, after the white racist government unilaterally declared independence from Britain. Neighboring South Africa kept Rhodesia -- now Zimbabwe -- supplied with arms, gasoline and vital consumer goods while acting as middleman for the country's tobacco exports. In 1977 the U.N. banned arms sales to South Africa to protest apartheid, and independently, many countries restricted their economic ties in the mid-1980s. Still, South Africa's economy has prospered...
...biggest current moneymaker for Morgan, however, is its expanding merchant-banking operations in the U.S., in which the firm puts up its own capital to help finance a deal rather than just serving as a middleman. Morgan has invested $250 million in management-led LBOs. Besides earning fees for arranging the deals, it reaped a 100% return on its money last year from dividends and the sell-off of corporate assets. Morgan's portfolio of industrial holdings includes stakes in 40 companies, including Burlington Industries, Southern Pacific Railroad and Fort Howard Paper...
...administrator in a Wall Street investment banking firm says, "There will be a higher return because [Harvard has] eliminated the middleman...
...sure, there are no hidden tracks. If intelligence authorities want to interrogate Barbouti, they will find him in London, fingering his worry beads. It is unlikely they will discover that he broke any laws. He was, after all, a legitimate Iraqi businessman who happened to be Libya's middleman and who knew nothing about the manufacture of chemical weapons. He won't lie, but he may not want to tell the truth either...