Word: wealth
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Dates: during 1980-1989
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...grand merchant-statesman. This soft-spoken man with a gift for putting people at ease, the product of a strict Islamic upbringing from one of the world's most conservative and ascetic nations, has become an international symbol of sybaritic self-indulgence. "I am an artist with my wealth," he says in quiet measured tones while relaxing in a room at the rear...
...wily and gracious trader, an exemplar of the Arab-Islamic values of daring, cunning, loyalty and generosity. For him the deal is the thing, the only thing. Business, love, politics, diplomacy -- they are all forms of dealmaking. He proudly admits that he dissembles, uses women, flaunts his wealth to get an agreement. "When I am trying to broker a deal," he says animatedly, "in diplomacy or business, I don't tell the truth to both sides all the time. You should let both sides let off steam and feel vindicated. Then it's time to encourage both to be generous...
...Khashoggi began to spread his wealth into other investments -- banks, fledgling high-tech companies, farms and ranches -- his attorney Morton MacLeod tried to create a corporate organization for his enterprises. It did not work. "We were thinking of corporate organizational structures, operating capital and bottom-line earnings," says MacLeod. "He's thinking more in % terms of people, relationships, alliances." Khashoggi is not an administrator. Instincts guide him; details do not concern him, and he leaves them to his aides...
...clearly than ever the sort of government the A.N.C. leadership envisions for the country. A majority-ruled regime, he vowed, would guarantee freedom of speech, the press and religion, and would outlaw arbitrary arrests or detentions without charge. An accompanying A.N.C. policy statement emphasized the need for creating new wealth instead of merely redistributing existing assets. While refusing to promise that South Africa's whites would be granted special "minority rights" protection under a black majority, Tambo avoided the harsh rhetoric that marked his speeches in 1986, which the A.N.C. had proclaimed the year of its military wing, Umkhonto...
...Orleans had been an early favorite. It has a wealth of new hotels stretching from the Superdome to the French Quarter, a redeveloped riverfront, and is seen by many as the best place to party. But its request for a delay may have hurt its chances. "If they can't get it together for one lousy little weekend," complained one committee member, "how are they going to pull off a convention?" The rival cities couldn't have been more pleased...