Word: gold
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Dates: during 1980-1989
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...launderers have developed new techniques. Since retail businesses that collect large amounts of cash are often exempt from the $10,000 rule, launderers have created front companies or collaborated with employees of such outlets as 7 Elevens and Computer-Land stores. To drug dealers, "an exempt rating is like gold," says a Wells Fargo Bank vice president. A restaurant that accepts no checks or credit cards can be an ideal laundering machine. Even a front business with no exemption is valuable because launderers can file the CTRs in the knowledge that they are unlikely to attract scrutiny, since the Government...
...crime. By the puritan standards of the U.S., says one American banker, "the lack of public disclosure here is scandalous." The city is a mecca for arms dealers, drug traffickers and business pirates of every description. "Where else could I broker a deal that involves machine guns from China, gold from Taiwan and shipments traded in Panama City?" says a Brazilian arms merchant who maintains an apartment in Hong Kong...
Even in a state budget crisis there are huge white lights hanging from almost every tree in Boston Common, where sleigh rides take weary shoppers on a snowless ride through the city's center. A Christmas tree and menorah keep up the pretense of holiday cheer inside the gold-topped State House, where carollers sing while a weary legislature trims a budget rather than a tree...
...have just melted away. But that's the funny thing. I didn't seem to lose any weight. In fact, the last time I lost a significant amount of weight was when I cut three inches off my hair. So when my dieting buddy decided to go for the gold and really go on a diet, we knew that we were going to have to devise a more effective diet plan...
...Little White House to its tacky Truman-era splendor, spending $15,000 just to repair the Sears, Roebuck fluorescent lights on the porch. Presidential bad taste doesn't trouble him, in part because he has income projections for his planned Truman museum. "The Little White House is a little gold mine," he says. But he also claims he does not mean to make Key West precious and yuppified...