Word: scheme
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Dates: during 1980-1989
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...Ernest Grunebaum, 52 -- of Securities Groups, a bankrupt Manhattan-based investment firm, with providing $550 million in false tax write-offs through fraudulent trades in Government securities. Atkins, who headed Securities Groups, is the son of former Ashland Oil Chairman Orin Atkins. The roster of investors lured into the scheme reads like a program listing for Lifestyles of the Rich and Famous...
Atkins began playing Pied Piper to the rich in 1978 with a scheme that promised $4 in paper losses from securities trading for every $1 invested. He was only 24 when he started and 29 when the operation ended in 1983 amid lawsuits from angry investors who accused Atkins of having caused them huge losses. Many had felt queasy about trusting someone under 30, but were reassured by Atkins' plush, marble-floored offices at 500 Park Avenue, his impeccable grooming and the fact that his father was a well-known oil executive. The Tisches say they went along because their...
...look upon Nature, while I live in a steel city," exclaimed David Bomberg in 1914, and the terse machine-like signs he found for briskly moving figures in The Mud Bath, his early masterpiece of 1912-13, have a tonic decisiveness that is only magnified by the simple color scheme of red, white and blue...
...ranging from TV sets to X- ray film -- in retaliation for Tokyo' s failure to honor an agreement on trade in semiconductors. The move reflects Washington' s rising impatience with the U. S. trade deficit in general and with Japan in particular. -- Authorities crack a $550 million tax- shelter scheme...
...paper as Taiwan and South Korea -- that they pay a markup for weapons they were buying (such as torpedoes that Taiwan was purchasing from Israel) so that the extra funds could be diverted to Singlaub's contra-supply network. Further, said Singlaub, he had told North about this scheme in early 1985: "I said, 'Do you think this will work?' and he probably said yeah." In fact it did not work -- then. But North worked the same kind of deal on arms sold by the U.S. to Iran a year or so later. Alfonso Robelo, head of a contra group...