Word: mogilevitch
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...Konstantin Kagalovsky, who in the early '90s was Russia?s representative to ?- guess what? - the IMF. It gets better. The other suspended executive, Lucy Edwards, is married to a shady businessman named Peter Berlin, who authorities have linked, through his company Benex Worldwide, to reputed Russian mobster/arms dealer Semion Mogilevitch. All this makes the Bank of New York look either complicit or stupid - and the IMF look just plain stupid, at least in the eyes of its congressional critics, who have been carping about profligate lending since the Asian crisis began. But TIME senior economics reporter Bernard Baumohl points...
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