Word: trusted
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Dates: during 2000-2009
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...bitter feud erupted between members of the Pritzker family (which owns Hyatt) over inheritance issues. The squabble began when two of the younger heirs, Liesel Pritzker and her brother Matthew, sued their father and 10 older cousins, claiming they had misappropriated about $1 billion from each of their trust funds. A nasty court battle ensued, in which an intricate web of offshore trusts was unveiled that grabbed the attention of the IRS. When the smoke cleared, the clan had agreed to divvy up the family's $15 billion fortune to family members by 2011. The payout plan would involve selling...
...family could agree on a ransom. Now he and his brother, who survived the communists, a brutal civil war and the Taliban, are thinking about quitting the business and leaving Afghanistan. "It doesn't look good," he told me, and over the years I've come to trust his merchant's instincts above all the embassy pundits put together. He was worried by reports that President Karzai's supporters committed widescale fraud in the Aug. 20 elections, and this, the shop-keeper says, could re-open ancient ethnic grudges between the Pashtuns, most of whom back Karzai...
...even consulted third parties, such as the Depository Trust Company (DTC, a special-purpose bank used by securities firms), to verify trades, the scandal would have been uncovered. For example, a January 2005 statement for a Madoff feeder-fund account indicated it held $2.5 billion of S&P 100 equities on Jan. 31, 2005. However, DTC records show Madoff held less than $18 million worth of S&P 100 equities in his DTC account...
...delegates from more than 150 nations are meeting to craft a better global alert system for climate change. That means disseminating information down to the local level - how global warming could impact fisheries, farming, human health, even tourism. "What we need is a formal system that all people can trust to access vital information that can save their lives and protect property and economies," said Michel Jarraud, secretary general of the World Meteorological Organization. "It's not only governments, it's the private sector, it's individuals, it's farmers - everyone who has to make a decision that is affected...
...just didn't work. Compromising with God never does. There are a lot of people living in Haran. They call themselves Christians and they probably are, but they haven't gone all the way. It took Abraham 40 years to get to the point where he put his total trust...