Word: hides
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...excitedly phoned the President-who had never set eyes on the keen lawyer-and said he had found just the right man. Watt was razor smart, Laxalt told the President, a steely manager who knew his field. Best of all, Laxalt declared, Watt could take pressure: he had the hide of a rhino...
...typical major case of bribery involves a large project in an industry that is highly competitive, but with little significant difference among the products. The size of the project allows both parties to hide the payoff in the price without undue notice. The number of competitors means that the seller and the buyer can more easily bargain for deals. These conditions, for example, are found in contracts for the sale of telecommunications equipment or aircraft and for most construction programs. Says Jules Kroll, a New York-based consultant on white-collar crime: "If there's only...
...abroad. Punishment could be a prison sentence of up to five years and fines of as much as $10,000 for individuals and $1 million for corporations. The legislation also set up accounting procedures designed to make it virtually impossible for companies to disguise such "sensitive payments" or to hide them elsewhere in the corporate books...
Nevertheless, foreign officials usually design schemes to hide the transactions as much as possible, since few, if any, are willing publicly to admit taking the payoff. Likewise, foreign businessmen are equally queasy about being discovered offering the gift in the first place...
...asked to make sacrifices, then the rich should at least be asked to pay their fair share of the tax burden. Let us trim the $4 billion in subsidies to the profit-rich oil companies. Let us shut off the tax shelters in which the wealthy hide their earned income. And let us cut out deductions for three-martini business lunches that are nothing more than food stamps for the rich...