Word: turned
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Dates: during 1980-1989
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...another kind of dark genius. This is the scandalous ability of the coke kingpins to launder billions of dollars in drug proceeds using many of the same financial services available to the FORTUNE 500. In a wash cycle that often takes less than 48 hours, the drug smugglers can turn coke-tinged $20 and $100 bills into such untraceable, squeaky-clean assets as money-market deposits, car dealerships and resort hotels...
...their mansion. Menendez had been an executive and director of Carolco Pictures, an independent movie company that produced Sylvester Stallone's Rambo movies, and police have been unable to unravel his business affairs or identify all his partners. Carolco is controlled by a Netherlands holding company that is, in turn, owned by a tangle of offshore family trusts...
Fantasy Furniture by Bruce M. Newman (Rizzoli; $50). A mythological mahogany bird to cradle an infant in 19th century Russia; jolly Black Forest bears to serve as chair-backs; gilded Venetian settees with shell motifs to turn salons into grottoes: thus did the dreams of burghers and kings like Bavaria's mad Ludwig II make chimeras real...
...high-tech wash cycle that often takes less than 48 hours, drug smugglers can turn cocaine-tinged bills into such squeaky-clean assets as money-market deposits and car dealerships. One danger: drug lords and other lawbreakers are believed to be buying valuable chunks of the American economy. Andrew Tobias on the impact of falling housing prices...
...things in Central Europe or the Soviet Union go wrong, which they could, I don't think we'll see a return to an assertive, confident, Stalinist renewal. Instead, we'll probably see a turn toward some highly nationalistic form of dictatorship, perhaps what I call a "Holy Alliance" between the Soviet Army and the Russian Orthodox Church, galvanized by a sense of desperate Great Russian nationalism. That would then produce even more intense reactions from non-Russians. It could be a very ugly picture...