Word: slush
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After a wintry mix of snow, slush and rain froze over on the night of Valentine’s Day, Harvard students faced the dangerous challenge of walking to and from class on roads and sidewalks covered in ice. Harvard’s Facilities Maintenance Organization (FMO) was prepared for the dangers the weather would bring—stockpiling salt, sand, and ice-melt, as well as activating all on-hand personnel and hiring emergency contract workers from outside its ranks. According to Yard Operations Associate Director of Residential Operations Zachary M. Gingo ’98, 65 people worked...
...especially ravenous beast if the allegations are true. Forensic auditors estimate that Skehan and later Guinan misappropriated $8.6 million over 42 years. They allegedly diverted St. Vincent collection money to secret slush-fund accounts while living as hedonistically as Renaissance Popes. The police report says Skehan, 79, gave a "girlfriend" $134,000, made a rare-coins purchase for $275,000 and owned an oceanfront condominium worth $455,000. It says Guinan, 63, whom Barbarito removed as St. Vincent's pastor in 2005, spent his take on expensive vacations to Las Vegas and the Bahamas; a $220,000 renovation...
...Deception of the Emerald Ring” betrays its author’s ability to write intelligent witticisms. I can only hope that Willig’s future fiction endeavors will have less slush to slide through...
INDICTED. Chung Mong Koo, 68, Chairman of Hyundai Motor Company, one of South Korea's most powerful conglomerates; on charges of embezzlement and misappropriation of corporate funds; in Seoul. Prosecutors allege that Chung set up a slush fund of more than $100 million to buy political influence and illegally transferred money from strong Hyundai affiliates to support at least one weaker one. Authorities are also investigating whether Chung abused company funds to boost the holdings and management control of his son, Chung Eui Sun. The senior Chung last month denied any wrongdoing; Hyundai Motor has declined to comment...
Facing questions from Korean regulators over your company's business practices? Just open your heart-and your wallet. That seemed to be the message last Wednesday as the Hyundai-Kia Automotive Group, under investigation for allegedly creating a slush fund to influence government officials, apologized to the public for "causing the nation much anxiety" and pledged a whopping $1 billion in donations to unspecified charities. The same day, U.S. private-equity firm Lone Star Funds, facing an inquiry into its purchase of a local bank in 2003 and smarting from allegations that its former top Korea executive had embezzled millions...