Word: ravelston
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...problems may be just starting, however. Tweedy, Browne's complaints to the Securities and Exchange Commission (SEC) go much deeper. Black and his wife, columnist Barbara Amiel, and several top executives received other payments now being examined. Black, Amiel and the executives are affiliated with a private firm called Ravelston Corp., which received $203 million from Hollinger from 1995 to 2002 for so-called service agreements. Hollinger admitted in March that these agreements "were not the result of arm's length negotiations between independent parties" and thus may not be favorable to the company. Yet Hollinger's board signed...
Gordon has another admiring friend, a rich Socialist named Ravelston, who edits a magazine named Antichrist. Ravelston tries his best to help Gordon, but it is against Gordon's principles to accept money from the rich. He prefers to "borrow" from his impoverished sister, who has to go without food in consequence. When Ravelston bleats: "You might as well have a decent place to live in," the man-of-principle only retorts: "But I don't want a decent place. I want an indecent place...
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