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...million via Khashoggi into the Swiss account of Lake Resources, Inc. -- $10 million in February and $15 million in May. Why Lake Resources? Says Furmark: "Mr. Khashoggi said Mr. Nir of the Israeli government told him that Lake Resources was the account the Americans had designated for payment." Of the $25 million, $15 million seems to have disappeared. Furmark went to his old friend Casey to ask what happened; Casey insisted to him that Lake Resources was not a CIA account. It appears, in fact, to be the account of a company that was incorporated in Panama (though...

Author: /time Magazine | Title: What He Needs to Know | 12/22/1986 | See Source »

This fixed payment scheme has led to increased exploration and debate over differences in care patterns among hospitals. For specific DRG's, the actual resources used (days in the hospital, laboratory tests, consulations, etc.) have been found to vary enormously--often several-fold. "High cost" hospitals have been predictably criticized as wasteful, and predictably defended by others on the grounds that their patients are truly sicker in ways ignored by the DRG scheme...

Author: By Donald M. Berwick, | Title: Quality Care at Reasonable Cost | 12/17/1986 | See Source »

...determined the markup on the arms, and who set up the Swiss contra ! account? The Israelis contend they neither set the price for the weapons nor managed the accounts. According to Israeli sources, an Iranian straw company in Switzerland deposited its payment for the arms in an escrow account just before the shipment was made. After the delivery, the Iranians reimbursed the Israelis through a Swiss bank for the book value of the cargo, plus generous insurance and freight charges. The Israelis, in turn, used part of these funds to pay the U.S., depositing its payment into a Swiss account...

Author: /time Magazine | Title: From Many Strands, a Tangled Web | 12/8/1986 | See Source »

...crisis session and drafted a statement. For the first time, the government admitted what everyone knew: Israel had "helped in the transfer of defensive weapons and spare parts from the U.S. to Iran." But the Israelis flatly denied funneling any money to the contras. According to the statement, "The payment for this equipment was made directly by an Iranian representative to a Swiss bank, in accordance with instructions from the American representatives...

Author: /time Magazine | Title: Who Was Betrayed? | 12/8/1986 | See Source »

Organizers of The School of Metaphysics this month used 700,000 pennies to make the final payment on 712 acres of land where the university is situated...

Author: NO WRITER ATTRIBUTED | Title: CLASS CUTS | 12/6/1986 | See Source »

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