Word: riche
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...themselves. But the past few months have not been good for the industry, and in particular UBS, which has been under a cloud since last summer. That was when news broke that U.S. authorities were investigating the world's largest manager of private wealth for its role in helping rich Americans hide $200 billion in undisclosed offshore accounts to avoid taxes. Last month UBS agreed to pay the U.S. a $780 million penalty to absolve itself of criminal fraud charges. It also agreed to release the names of 250 clients whom the U.S. suspects of evading taxes. Two weeks...
...cannot sustain a major capital expenditure, then find a donor like Harkness. When schools like the GSAS are cutting their admissions by 10 percent, the College has no right to demand more comfortable housing—however crucial it may be to intellectual development. So why not turn to Rich Uncle Pennybags, some...
...Indeed, the worst possible scenario emerging out of this diplomatic fracas is a joint Russo-Iranian alliance against the United States. Energy-rich Russia and Iran have struck a friendship of sorts. In 2000, then-President Putin abrogated the 1995 Gore-Chernomyrdin agreement and renewed arms dealings between Russia and Iran. Since then, Putin has signed a $1 billion arms deal with Iran and supported Iran’s nuclear ambitions. During Putin’s 2007 visit to Tehran, the first trip to the Iranian capital by a Kremlin leader since Joseph Stalin’s visit...
...salesman for himself and his vision of the American dream, he was also a master peddler of many products, whose makers were as loyal to Harvey as his listeners were. A skit from the 1984-85 season of Saturday Night Live had Harvey (played by Rich Hall) compulsively peppering his news items with sponsor names. The man remained unapologetic. "Some days," he told Larry King in 1988, "the best news in the broadcast is the commercial. You can keep your natural teeth all your natural life! There is a glove that doesn't wear out! There is a car battery...
...Rest of the Story, first published in 1977, hit its 18th printing in four years. And on the Internet, you'll find 65,000 links to what is known as the Paul Harvey riddle: "What is greater than God, more evil than the devil? The poor have it, the rich don't need it. And if you eat it, you'll die." There is no evidence that Harvey ever read this on the air, but it's just the kind of whimsical poser that, because his name was attached to it, attracted a zillion Googlers. He sold concepts too. (Answer...