Word: unspent
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...that Perez plans to leave the Saddam bonus unspent. His government intends to build new wells, refineries and storage facilities. During a meeting in New York in October, Perez told George Bush that Venezuela plans to expand its production capacity. Great, said Bush; a former Texas oil speculator himself, he wasted no time in urging Perez to liberalize Venezuelan foreign-investment laws even further and let U.S. companies join in exploration and production. Perez's political opponents might make that difficult for him, since it was he who nationalized Venezuela's U.S.-dominated oil industry in 1974. But whether Yanquis...
...They're giving these to all the ladies," she said. "They really want our business." The Meyer chain is one of hundreds of West German companies that have moved with lightning speed into a potentially lucrative market: East Germans hold the deutsche mark equivalent of some $70 billion in unspent savings as a result of economic union on July...
Considering the enormity of Vernon's failure -- 96% of its loans were overdue when the Government took over -- the indictment strikes some critics as tardy and tame. The Justice Department contends that it has been moving as quickly as possible, although last year it left $26 million unspent out of a fraud-fighting budget of $75 million. "These complicated white-collar-crime cases take time to develop," says Attorney General Dick Thornburgh. In north Texas alone, the Government is investigating more than 500 individuals affiliated with 38 different...
...time politicians, they would be far more careful with the public's money. A member of Congress may not get wealthy on a salary of $96,600 (House) or $98,400 (Senate), but it's enough to relieve anxiety. Pensions are fat and perks numerous. Then there are the unspent campaign kitties: Dan Rostenkowski, chairman of the House Ways and Means Committee, the man who shapes the tax laws, has a political slush fund of $1 million, which he can legally keep if he retires. Risky times are dim memories for these...
...Senate has long been a haven for the rich, but some enterprising House members aren't doing so badly themselves. Under a House rule, Congressmen elected in 1980 or earlier are allowed to "convert" unspent funds in their campaign war chests to their personal use if they leave the House by 1992. With the deadline closing in, at least six members who have accumulated $1 million or more could decide to cash in. New York Democrats Stephen Solarz and Charles Schumer may be fighting for the same seat after their districts are reapportioned, and both are considering challenging Republican Senator...