Word: broker
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Dates: during 1990-1999
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...restoration of a new Russian empire under Czar Boris. Although Gorbachev's statement that "the Soviet President and the Russian parliament need each other" drew jeers from Russian Deputies, that claim may yet be vindicated. Gorbachev can certainly play a crucial role now as an independent mediator, power broker and guarantor of a new Union...
...many American officials stunned by the anti-Gorbachev putsch was ROBERT STRAUSS, the Democratic power broker whose fondness for creature comforts made him an unlikely ambassador to the Soviet Union. "I'm not sure I'm the right guy for the job," confessed Strauss in the early hours of the crisis. But as he thought about the prospect of taking on the hard-liners, Strauss warmed to the challenge. "I guess I could tell those motherf--- sons of bitches off," he concluded...
B.C.C.I. did more than finance or broker arms deals between nations that couldn't risk exposure of politically embarrassing relationships. Arms dealers from Europe and the Middle East, as well as a high-level operative from B.C.C.I.'s Karachi-based black network, have separately provided TIME with nearly identical descriptions of some of B.C.C.I.'s elaborate services for the sale of conventional weapons. "They could handle everything," says one of those sources. "Brokering, financing, letters of credit, false end-user certificates, shopping, spare parts, training and even personnel. You could order a bomb, a plane to deliver it and somebody...
...delivery of munitions-grade nuclear hardware and technology to Iraq and Iran, it is the Pakistanis who are the chief beneficiaries of Abedi's multifarious services. "You can't draw a line separating the bank's black operatives and Pakistan's intelligence services," says an international arms broker, who provided details of recent B.C.C.I.-generated orders for nuclear-bomb supplies for Pakistan. "And in Karachi his bankers are surprisingly patriotic...
...very act of operating simultaneously as a bank and as a broker gives B.C.C.I. an enormous advantage: it is instantly able to fund virtually any deal it wants and empower any middleman it chooses to pull such a deal off. The B.C.C.I.-brokered sale of F-4 Phantom jet parts to Iran from the U.S. offers a good illustration of the process. The deal starts when B.C.C.I. learns from its sources in Iran that it wants to buy spare parts. B.C.C.I. and its agents then research the supplier market to obtain the price of the materiel. Because U.S. restrictions...