Word: yens
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...Korean money around, and a lot of guys are involved." Among the main figures in the federal probes of Korean influence peddling: former Representative Richard Hanna of California, a silent partner in an import-export business run by Tongsun Park, a Washington-based Korean businessman with a yen for winning friends in high places; Louisiana Democrat Otto Passman, a longtime Park crony; and former New Jersey Congressman Cornelius Gallagher. Meanwhile, on another front, there are charges that the Korean Central Intelligence Agency (KCIA) has been carrying out both open and "black" (undercover) operations in the U.S. on a broad scale...
...year and has caused testiness among Japan's trading partners, who do not like the idea of buying so much more from Japan than they are selling there. Political pressures are mounting for countermeasures. One of them could well be an increase in the exchange value of the yen to blunt the competitive edge of Japanese exports, a subject that doubtless was raised discreetly at the economic talks in Puerto Rico. Prime Minister Miki so far has argued that the situation is temporary and should redress itself as imports increase along with the domestic recovery...
...among others. Chesler and Goodman note the stigma that results when the married woman's usual duties are connected with money--both the prostitue and the maid are commonly labeled low-class creatures. In a pretty devious way, a predominant feminine image turns out not to mix with a yen for money and the power, respect and independence (perhaps the highest goals of American capitalist society) that go along with...
...payoff, the problem arises of how to transfer the money. Speed and secrecy are the obvious requirements for such exchanges, but sometimes the methods are astonishingly unsubtle. Part of the $7 million paid by Lockheed to Yoshio Kodama, the company's secret agent in Japan, arrived in yen-filled packing crates. Some of the rest was passed a bit more discreetly, in the form of checks made out to "bearer." Still, Kodama signed receipts for the equivalent of $2 million, and translations of the receipts were among documents given to a Senate subcommittee by Lockheed's auditors, Arthur...
Powerful Friend. That was not the first big deal that coincided with payments to Kodama. He began receiving Lockheed money in 1960 (some was eventually sent to him in yen-filled packing crates, some in checks made out to "bearer"). That year the government bought Lockheed's F-104 Starfighters-although it had seemed certain rival Grumman would get the order. No connection was ever established; however Kodama's longtime friend Nobusuke Kishi was Premier of Japan at the time...