Word: swiss
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...pile debt upon debt with no one, apparently, the wiser. His purchase of a British investment fund, First Tokyo Index Trust, illustrates how Maxwell used financial sleight of hand and guile to finance deals. Through Headington Investments, a finance company under his control, Maxwell borrowed $100 million from Swiss Bank Corp. last summer to buy the entire First Tokyo portfolio. Maxwell was supposed to turn over the portfolio to Swiss Bank in October as collateral for the loan. But Maxwell did not repay the loan, nor did he deliver the securities as promised. Meanwhile, he had already pledged the assets...
...Swiss Bank wasn't alone. Dozens of banks were left holding the bag. Among those with the heaviest exposure: Midland, Lloyds, National Westminister, Barclay's, Sumitomo Trust, Credit Lyonnais, Citicorp and Bankers Trust. While most banks were plain old gullible, some claim that they were duped. "We weren't wearing blinders," explains a banker. "But maybe we should start asking borrowers to take lie-detector tests...
Harvard Film Archive--Swiss Animation 1980-1987 Program #2 13 films, various directors, at 5:30 p.m. La Belle Noiseuse directed by Jacques Rivette, France...
Harvard Film Archive--Swiss Animation 1988-1991 Program #3 13 films, various directors, at 2 p.m. La Belle Noiseuse directed by Jacques Rivette, France, at 3:30 p.m. The Eye Above the Well directed by Johan van der Keuken, Netherlands...
...SWISS FOLK ART: CELEBRATING AMERICA'S ROOTS, Museum of American Folk Art, New York City. Marking the 700th anniversary of the Swiss Confederation, 180 objects -- including carnival masks, prayer books, cake molds and embroidered towels -- demonstrate the true vitality of Switzerland's folk traditions. Through...