Word: mininger
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A group of Soviet and Alaskan businessmen, in the meantime, have come to town proposing to build what they are calling Perestroyka Palace, a park for disco, diplomacy and dealmaking. Plans call for an $18 million palace modeled after St. Basil's Cathedral in Moscow's Red Square, linked symbolically...
The idea was too wild -- even for the Wild West. A psychologist in Nevada's state prison system wanted to build a theme park that would represent an 1880s mining camp. As Bill Mace Knapp envisioned it, the place would be old-timey, with a general store, saloon, gold mine...
Neither man agreed to be interviewed for this story, yet both threatened legal action through attorneys. "What these guys do is take over companies, hype the stock, sell their shares, and then there's nothing left," says John Campbell, a former securities lawyer who was a director of mining company...
The pattern has become familiar. The pair promoted a mining venture called Skylark Resources, whose stock traded at nearly $4 a share in 1987. The outfit soon crashed, and the stock is around 2 cents. NETI Technologies, a software $ company, was trumpeted in the press as "the next Xerox" and...
Wallace managed to halt the project, and has been battling other acts of "environmental vandalism" ever since. Her fiercest and most ambitious campaign is not quite so close to home: the preservation of Antarctica. She wants it declared a world park, with limited tourism and a ban on industry and...