Word: makeing
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Dates: during 1990-1990
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...defendant: former billionaire Adnan Khashoggi. The now bankrupt Saudi Arabian arms dealer stands accused of conspiring with the Marcoses to conceal their illicit spending by backdating documents to make it appear that he, not the Marcoses, had bought four Manhattan skyscrapers valued at about $400 million. Actress Bo Derek played a cameo role, visiting her friend Khashoggi in the courtroom...
...education aid to relieve homeowners of one of the most onerous property-tax rates in the U.S. Here too Florio soaked the rich: the legislature approved a plan to shift the bulk of its education assistance from the wealthiest to the poorest districts by 1995, leaving the affluent to make up the difference on their...
...taxes were inevitable, Florio worked them relentlessly for support of his proposals. In diners, gyms, boardrooms and convention halls, he explained his position again and again. "A lot of politicians are just plain lazy," he says in the midst of another chaotic day. "They just don't want to make the case, and so they end up pandering to special interests. To underestimate the people is extremely dumb...
...ingenious deal, ICL, a British electronics giant, launched a 1988 joint venture called Furnel International with six Polish partners to make an unlikely combination of computers and furniture. Furnel exports the moderately priced furniture to Western store chains and uses the currency that it earns to buy computer parts from ICL. The venture then assembles the components in Poland and sells the computers to Polish buyers. ICL thus manages to tap markets in both Poland and the West and receive its payment in hard currency...
...plethoric bureaucracy. Fernandez's brand of perestroika is called "school-based management," a system that allows those closest to the classroom to oversee budgets and set curriculums largely free of centralized control. "The idea is to give schools more latitude," says the chancellor, "because generally they will make better decisions than we will...