Word: yachting
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Dates: during 1990-1999
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...investors gathered at parties in Southampton, N.Y., and on Downe's yacht in the Caribbean, where they allegedly exchanged inside information. While most of the defendants have denied any wrongdoing, two have come forward to settle some of the charges. Sullivan has agreed to pay a penalty of $58,000 without denying or admitting his guilt. Downe has pleaded guilty to two criminal counts and could face 10 years in prison. "It's terrible," he said, "just awful to be in this situation." (See related story on page...
Although he talks as if he needs a visa to go inside the Beltway, Perot has dined at the White House, sailed on the presidential yacht Sequoia and lobbied the Oval Office, the Cabinet and Capitol Hill. In 1975, for example, he pulled off a coup most lobbyists only dream about. Late one night as the House Ways and Means Committee tied up the loose ends in that year's tax bill, then Democratic Congressman Phil Landrum of Georgia introduced an amendment that might have been the largest one-time tax break in history, granting Perot an unheard-of capital...
...which used pieces of clear nylon to create the top piece known as the vamp, were inspired by his observation of the taut, translucent lines of fishermen along the Arno River. The swooping heel of these shoes is also nautical, shaped like the keel of an America's Cup yacht. "The toes," he once said, "should always be free to swim...
Classic lines such as Cunard, now 150 years old, continue to cater to the older, more affluent customers seeking highly personalized service. Besides its regular transatlantic and international cruises, Cunard has two luxury yachts, the Sea Goddess I and II, with only 116 berths each for cruises costing $10,000 for a week's holiday for two. "On the Sea Goddess, it's like being an invited guest on a yacht," says Ronald Santangelo, senior vice president. "If you get up at 3 a.m. and wander out to the hot tub and would like to have caviar and a bottle...
...Congressional hearing began, the MIT spokesperson began introducing himself to reporters, shaking hands, smiling, trying his best to put a spin on a situation that had already spun out of the school's control. he knew that Stanford was already in trouble, from a public relations' standpoint, with the yacht, the flowers and the cabinets...