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...concerns about possible money laundering that got regulators so interested in Tyco. In January the New York State banking department alerted the Manhattan D.A.'s office that a wire transfer of almost $4 million had been made from a Tyco bank account in Pittsburgh, Pa., to the New York City bank account of art dealer Alexander Apsis, who in turn moved much of the money to an account in the Bahamas. The D.A. had briefly investigated Tyco three years ago, looking into whether a Tyco director had fraudulently sold his $2.5 million Florida home to the company's general counsel...
Many college seniors have decided to ride out the uncertain economy by staying in school longer than they had planned. Scores of honors graduates at Lehigh University, in Bethlehem, Pa., are taking the school's offer of a fifth year of tuition-free classes. Elsewhere, thousands of college students have to shell out big bucks to go to grad school. The number of students who took the Graduate Record Examinations, a requirement for many graduate programs, jumped 18% this year. But the glut of applicants has driven down acceptance rates, which at the University of Buffalo Law School, for example...
...scenic beauty of the West is a wonder to behold and, once seen, never forgotten. Why do we have to destroy what we have to feed our lust for the "better life"? MAUREEN BACALLO Lafayette Hills, Pa...
...Israeli officials have long questioned the validity of U.S. efforts to revive a peace process by attempting to rebuild a PA security structure with the capability and political will to bottle up terrorists. And even in the best-case scenario, that would be some time in coming, more so as long as Israeli forces are operating inside the PA's domain. But the Israelis believe the U.S. vision of PA reform and dialogue is hypothetical as long as Arafat remains in power, and they're unlikely to return security control over the West Bank cities to the PA any time...
...Mubarak holds talks with the Bush administration later this week, and plans to present detailed recommendations on a plan for peace via Palestinian statehood. Prime Minister Sharon is expected in Washington for consultations on Sunday. But the fine points of various contending peace plans and ideas on reforming the PA may now be overshadowed, once again, by the security crisis in Israel and the West Bank and a new siege of Ramallah. So instead of the diplomatic and security progress Washington had hoped for, the White House finds itself confronting d?j? vu. Israelis are being terrorized by suicide bombers, Palestinian...