Word: nassaue
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...Nassau, Whitaker wired the pictures to London, through New York City Editors who saw them im New York, he marvels, made offers totaling £150,000. The huge figure is believable. Picture agency editors are more secretive than nerve-gas manufacturers, but the rumor is that one big European weekly paid $35,000 for one of the bikini shots. Less sensational photos of Diana might bring anything from a few hundred to a few thousand dollars, depending on the exclusivity and news value of a commodity that fluctuates like pork bellies. A top freelancer, among the dozen or so covering...
...last week to salvage what they could of the loans taken out by the bank. Half of the $1.2 billion to $1.4 billion has been guaranteed by seven Italian banks, and will apparently be repaid. The other half, though, is owed to creditors by Ambrosiano's subsidiaries in Nassau and Luxembourg. But the Luxembourg affiliate has been declared in default, and operations by the Bahamian subsidiary have been suspended by banking authorities in that country. Italian government officials and foreign creditors are arguing that the Vatican bank has at least a moral responsibility to honor the entire debt, since...
...financial affairs, they kept running across the name of Archbishop Marcinkus. The Vatican Bank has long owned 1.58% of the Banco Ambrosiano, but now there is suspicion that it actually holds much more. In addition, Marcinkus until very recently had sat on the board of the bank's Nassau-based subsidiary, Banco Ambrosiano Overseas Ltd., which helped arrange the questionable overseas loans...
...evening the team went out gambling on Nassau Island in the Bahamas--"we saw empires built and frittered away...
...Princeton debate panel president decided against wearing "either a toga or a tux to the finals." This last round is in grave Nassau Hall, where, the hosts claim, Princeton Students James Madison and Aaron Burr held forth, off-topic, 211 years ago. The Princetonians want the debaters to heed the chamber's cavernous propriety. "To waste this room on worn-out double-entendres would be sacrilege," says Bob West, '81, back for the tournament. Indeed, the puncturing blasphemies are scarce during the final round. (Only one wispy student, speaking from the floor and pointing to the room...