Word: businessman
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Dates: during 1980-1989
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...former Senator who ran as head of a 17-party center-left coalition, Aylwin received 55.2% of the vote, easily defeating both a right-wing candidate backed by Pinochet and a populist businessman. Pinochet, whose attempt to retain power was rebuffed last year in a national plebiscite, is scheduled to step down March 11. But by staying on as Commander in Chief of the army for at least eight years, he will keep a hand on the reins...
...enterprise, moves through the world's financial institutions as part of a vastly larger quantity of gray money, as bankers call it. This dubious, laundered cash amounts to an estimated $1 trillion or more each year. Often legitimately earned, this money has an endless variety of sources: an Argentine businessman who dodges currency-control laws to get his savings out of the country; a multinational corporation that seeks to "minimize" its tax burden by dumping its profits in tax-free havens; a South African investor who wants to avoid economic sanctions; an East German Communist leader who stashed a personal...
Never underestimate the ingenuity of a businessman out to make a quick buck. Last week two shipments of gray and white rubble, totaling 20 tons, were airlifted from Germany to Chicago's O'Hare International Airport. The Missouri entrepreneurs who imported the debris swear that it comes from demolished portions of the Berlin Wall. Just in time for the Christmas shopping season, they will split it into 2-oz. chunks to be sold, along with an "informative booklet and a declaration of authenticity," for $10 to $15 in gift shops and department stores...
Keating, the Phoenix businessman who is accused of using Lincoln as a private casino, is emblematic of the nation's $300 billion-plus S & L disaster. But he has no dearth of accomplices. There are the so-called Keating Five -- Senators Dennis DeConcini and John McCain of Arizona, John Glenn of Ohio, Donald Riegle of Michigan and Alan Cranston of California -- who received $1.3 million in contributions from Keating and went to bat for him against federal regulators. The five sank deeper into trouble last week when the Senate ethics committee appointed outside counsel to investigate. The FBI also expanded...
Aska International, the Tokyo art gallery that spent $25 million at the Dorrance sale, is controlled by Aichi Corp., a Tokyo firm that last September became one of the five largest shareholders of Christie's stock, with 6.4%. Aichi, in turn, is controlled by Yasumichi Morishita, a secretive businessman who got a one-year suspended sentence in Tokyo in 1986 for securities fraud. Morishita is reputedly worth a trillion yen ($7 billion), and may be planning a takeover of Christie's -- although it is unlikely that the Monopolies and Mergers Commission would approve...