Word: transite
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...from a linkside villa. Agee has his defenders, although few of them are willing to speak on the record. Far from hiding problems from the board, his supporters say, the deposed chairman reported them as quickly as they came to light. Many of the woes involved Morrison Knudsen's transit division, which Agee had been trying to build up since 1990. The strategy seemed sound at the time: Agee believed that the Buy America movement, coupled with Morrison Knudsen's position as the only U.S.-owned manufacturer of railcars, would make the business highly profitable. "He did have a coherent...
...Justice Department inquiry into Transportation Secretary Federico Pena's dealings with his former firm turned up no credible evidence that he broke federal laws, Attorney General Janet Reno announced today. Prosecutors had been investigating Pena's role in awarding a Los Angeles transit system contract to his former management company. The independent counsel law, which gives the Justice Department 30 days to conduct such an inquiry, gave Reno until Friday to determine whether to seek an outside attorney to investigate Pena; today's ruling means she will not. On Tuesday, she sought an independent counsel to determine whether Housing Secretary...
...political exiles; software pirates and corporate whistle blowers; the sexually abused and their abusers. The need for anonymous remailers stems from the design of the Internet, which tags every packet of data with an electronic address so it can be returned or re-sent if something goes wrong in transit. The system works, but it offers no comfort to those who want to preserve their privacy. Remailers ensure anonymity by separating messages from their return addresses. It's simple: say Peter wants to send an anonymous message to Paul. Instead of mailing it directly, he sends the message to Helsingius...
...Justice Department said today it is mulling whether to appoint an independent counsel to investigate Transportation Secretary Federico Pena for his role in awarding a Los Angeles transit system contract to his former management company. Pena would be the fourth member of President Clinton's cabinet to face inquiries into allegations of financial improprieties. Former Agriculture Secretary Mike Espy, HUD's Henry Cisneros and Ron Brown at Commerce are facing other probes concerning possible financial conflicts. Justice has 30 days to decide whether to appoint an independent counsel...
...Zagorin says "the U.S. move is a ratcheting up of American pressure -- in effect a continuation of the process -- rather than a major new crisis point." China won't feel the pinch for at least two to three weeks because the sanctions don't apply to "goods already in transit from China on the high seas," Zagorin says...