Word: moneymen
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...roll over its credit. But Japanese banks, burdened with a quarter-trillion dollars of bad domestic debt, cannot easily risk more money in the South Korean sinkhole. Japan is also the origin of the very economic model that is causing the crisis. No one really knows, but many moneymen fear that Japan's own financial system could be as dangerously debt-ridden as South Korea's. The global economic network should be able to withstand even a wholesale default in Seoul, but failure in Japan would spread trouble everywhere...
...Department price-fixing probe, but was not charged. Investigators are now looking into whether or not the company reimbursed employees for contributions made to the plain-talking, plaid-shirted candidate's 1996 presidential campaign. It was precisely a scheme of that sort that cost one of Bob Dole's moneymen a $1 million fine...
Beneath the hubris of policymakers and moneymen, though, some quietly wonder if there isn't more going on. Maybe the barking dog really was trying to alert us to budding economic troubles before it was summarily dispatched to the pound. "It's always wise to take the message of the market seriously," says Hugh Johnson, chief investment strategist at the brokerage firm First Albany. "The message is that the currency crisis in Southeast Asia will affect not only the economies of Southeast Asia but also that...
Successful politicians have long relied on discreet aides to perform some of the onerous money-related chores of modern political life. But Knight is the epitome of a new generation of moneymen in both parties whose work doesn't end with the election; it really just begins. Fund raisers who once shelved their donor lists between elections now turn donors into clients on whose behalf they lobby the very same politicians for whom they were raising cash just weeks before. It's a seamless loop of influence peddling--donors get access, candidates get money; and lobbyists get rich...
...free markets, controlled inflation and cut the civil service. A middle class has emerged, hopeless state-owned enterprises have been privatized, agricultural productivity is soaring, roads crisscross the country. A devil for investment in local enterprise, Museveni charmed Egyptian businessmen into manufacturing muteete-grass toothpaste and urged South African moneymen to start a banana-juice factory. If prosperity has barely begun to reach the man in the street, there is strong domestic and international confidence in Uganda's economic future...