Word: trusts
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Dates: during 1980-1989
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Under this multilayered plan, the Paris bank would set up a corporation for the customer in Rotterdam, where he would deposit his cash in the bank's local branch. The American would control the newly created Dutch corporation through an Antilles trust company, but his identity as the owner would be protected by the island group's impenetrable secrecy laws. The Caribbean branch would then "lend" the American his own money held in Rotterdam...
...banks and the Government already own an awful lot of homes -- 250,000 would be a rough estimate -- which alone is reason to expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid triggering a price crash. Yet this is an arm of the same Government, after all, that actually lost money auctioning off confiscated drug loot...
...licks. And as I headed for the Worcester Centrum last Friday, I wondered which Billy Joel would appear: the scruffy author of such classics as "Captain Jack" and "I've Loved These Days," or the polished performer of such Top 40 fodder as "Modern Woman" and "A Matter of Trust...
...third respondant's advice was short and sweet: "Only eat food that's been prepared by Harvard Dining Services. You'll lose weight. Trust...
...mini-mall threatened to replace the Minuteman Carwash in Los Angeles, a 1960 building sporting a boomerang-shape decoration on its roof, neighborhood residents petitioned the Cultural Heritage Commission of Los Angeles to declare it a landmark. The ploy failed, but the case attracted the attention of the National Trust for Historic Preservation, the largest preservation organization in the U.S. Says trust spokeswoman Courtney Damkroger: "If something like this gas station is designated a landmark locally, it sets a precedent for other buildings of its kind...