Word: multimillion
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Dates: during 1990-1999
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...hedge managers get paid on two very lucrative tiers. They collect 1% to 2% of their funds' assets as a management fee and, the real jackpot, anywhere from 10% to 30% of their trading profits. At larger funds, where those profits can run into hundreds of millions, that means multimillion-dollar paychecks for fund managers...
Templesman, a diamond dealer with long experience in Africa, was seeking loans from the Export-Import Bank and loan guarantees from the Overseas Private Investment Corporation for a multimillion dollar diamond deal in Angola. After the meeting, a sympathetic Lake decided to intervene: he directed an NSC staff member, with approval from legal counsel, to call Ex-Im and OPIC. The message: Templesman's venture had "merit." But TIME has obtained the text of a recent letter from Angola's ambassador in Washington that bluntly asks the U.S. to stop attempts to broker a diamond deal and, in an apparent...
...campaign, Americans know that both Democrats and Republicans were so desperate for the unrestricted dole of "soft money" that they went overseas to find more. Either directly or through middlemen, both parties turned to Overseas Chinese businessmen with large commercial interests in the People's Republic of China for multimillion-dollar cash infusions. Both parties gave their benefactors a fair hearing on party trade policy toward China, and both maintained elaborate ruses to hide their new sources of cash. Yet the Democrats, it turned out, were far more successful at the game than the Republicans, and no Democrat...
According to Murphy, this multimillion dollar project will be the largest scale renovation since the Cooperative moved into its current location on Mass. Ave. in the 1920s...
...theRussian Orthodox Church that was the driving force behind the move. The church has increasingly seen its hold over Russian souls wrested away by foreign upstarts from Hare Krishnas to Mormons to Aum Shinri Kyo wannabe-cults. Calling on a war chest (supplied by its duty-free, multimillion dollar oil export and cigarette import deals, according to the Russian-language weekly Kapital), the Church wields enough political clout to squelch the competition -- and keep Russian souls at home...