Word: partners
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Dates: during 1980-1989
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...Button account was disclosed by a key player in the scandal, Iranian- born Businessman Albert Hakim. He handled the financial side of the Iran- contra "enterprise," while North took care of the political end and retired Air Force Major General Richard Secord, a business partner of Hakim's, oversaw operations. "I intended to profit from my activities," said Hakim. "I never made any pretense about that fact." And profit he did. The enterprise made a total of $14.9 million from its transactions; $8 million of those profits were frozen in bank accounts after the scandal broke...
...touring for a year as a clarinet and saxophone player in a dance band, he decided at age 19 to forsake his musical career for college and the arcane discipline of economics. Eight years later, while studying for his Ph.D. at Columbia University, Greenspan abandoned academia to become a partner in a new consulting firm. In 1974, having never held a government position, the economist waltzed into Washington as chairman of President Gerald Ford's Council of Economic Advisers -- just in time for the worst recession in postwar history...
...writing was only a sideline, though. After launching his consulting firm with partner William Townsend, Greenspan devoted his energies to building the business. This was especially evident after Townsend died in 1958 and Greenspan acquired 99% of the stock. Today Townsend-Greenspan provides a wide variety of financial data and detailed forecasts about how the economy will perform. The cost to clients: between $15,000 and $200,000 a year...
Amid the welcomes there were a few voices of caution. Henry Kaufman, a partner at the Salomon Brothers investment firm and one of Wall Street's most famed Cassandras, warned that Greenspan's appointment in the short haul "is a negative both for the dollar and for interest rates." Allen Sinai, chief economist at the Shearson Lehman Brothers investment house, noted that Greenspan "does not have much experience in international finance...
...yearbook. Some schools take a do-it- yourself approach; all that is needed is some video equipment and a few students willing to put in the time and effort. Others opt for outside video firms like Copy Cat Video, a St. Louis-based company that Wilson runs with her partner Claudia Walters. Typically, such video entrepreneurs contract with students at the school to tape certain big events during the year, as well as scenes of everyday school life and, in some cases, individual student interviews. The footage is then edited down, usually to between 30 and 60 minutes, and offered...