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Many do stay in banking, even after years of misery. There are two understandable reasons why people endure the lifestyle of an analyst. One is a need for the comfortable sum of money they pay you. Where else will you be able to earn nearly six-figures your first year out of college? (Though broken down on an hourly-basis, you may be earning scarcely more than your secretary.) Maybe you have two siblings in college and want to help out your parents. Maybe you want to get rid of your college loans as soon as possible. Maybe you even...
...watchword for banking secrecy, two years ago began to allow the financial curtains to be parted in investigation of possible criminal offenses. In two of the more recent high-profile cases, authorities investigated nearly $500 million deposited in 19 banks by former Nigerian dictator Sani Abacha and an undisclosed sum frozen in nine bank accounts controlled by the Ivory Coast's former leader, Henri Konan Bedie. James Nason, a Swiss Bankers Association official, says that since a new money-laundering law went into effect in April 1998, the number of cases of suspected laundering being reported by banks has jumped...
...believes unlimited campaign cash is a free-speech right, flew to Las Vegas aboard the jet of casino impresario Steve Wynn to attend a gaming industry G.O.P. fund raiser. The Republicans left with $100,000--the start of something big. Within a year, additional casino contributions would boost that sum to nearly $1 million...
...eyes of legal authorities. The U.S. stockbroking giant Merrill Lynch estimated in 1998 that more than $5 trillion, equal to a third of the savings of wealthy people worldwide, was held in offshore accounts. While only a small percentage of that is laundered cash, it's still a huge sum...
...entire second act, also deals with an apparently simplistic story but because its medium is so original, its dancing so masterful, and its dramatic structure so solid, its story seems rich and universal. Its final moments are surprising and surprisingly moving. But Contact is greater than the sum of its parts: the three pieces, within the context of the entire performance, take on even greater meaning. Experiences so entertaining, so moving, and so original are rare and should not be missed...