Word: nader
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...their adopted hometown of Edmonton, Alta., the immigrant Ghermezian brothers -- Eskandar, Nader, Raphael and Bahman -- are figures swaddled in rumor and mystery. Fiercely privacyminded, they refuse to divulge their exact ages and are rarely photographed together. Their rapid-fire conversations in Farsi and French often befuddle English-speaking business peers. But from behind that fog, the four Iranian natives have created one of Canada's biggest and most spectacular real estate baronies and are quickly expanding their razzle-dazzle fiefdom southward. Before long, U.S. consumers will get a full exposure to the revolutionary marketing flair of the Ghermezians, who have...
...branch. The brothers will break ground next spring on another consumer kingdom, planned to be twice the size of the West Edmonton Mall, in Bloomington, Minn. The Ghermezians are also encouraging a bidding war for a third development, to be erected near either Toronto or Niagara Falls. Says Brother Nader: "The final choice will depend upon which is most anxious to have us." New York is definitely eager. The state has offered the Ghermezians a free 100-acre site for the project just 200 yds. from the falls, a low-interest $200 million loan, a decade of cut-rate hydroelectric...
Millionaire John Dyson, 43, brought a $6 million war chest to New York's Democratic Senate primary, as well as the encouragement of Governor Mario Cuomo and New York City Mayor Ed Koch. Dyson's opponent Mark Green, 41, a former consumer advocate with Ralph Nader's Congress Watch, had just $800,000, most of it raised from small contributions through what Green called his "Mark of Dimes" campaign. Just before the election, Dyson blanketed the airwaves with commercials, while Green managed to get only a couple of short spots onto the TV screen. Yet when the polls closed last...
Third, don't try to sell things for more than they're worth or try to pass off shoddy merchandise. You'll quickly go out of business. Harvard charges the housing fee to all its students--even though some of its dorms are falling apart. Any Nader's Raider would say that those buildings have to be quickly repaired...
...Among the new lawmakers are as many as 15 millionaires, compared with only one in 1978. The wealthiest: Georgia Republican Patrick Swindall, with minimum assets of $1.1 million, not including his home. The tabulations were the idea of Mark Green, head of the Democracy Project and a longtime Ralph Nader associate. Congressmen spent an average of $459,344 to get elected, and of that sum an average of $50,329 came from their own pockets. This "congressional plutocracy" worries Green, who argues that diverse democracy cannot be represented adequately by a "one-class Congress." His solution: using tax money...