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Search results for "Monte Carlo" ...
Swedish Radio revealed that the company Ericsson had paid over 10 million Euros in commissions to a decoy with a secret role in a huge arms deal. The payments were hidden by shell-companies in Africa and Monte Carlo and were destined for Greek politicians, military officers and senior officials. In the documentary a former employee of Ericsson emerged and for the first time spoke out about the company's bribes and dirty methods.
Six years after eight hurricanes ripped across Florida, state residents still struggle to recover from the storms' legacy - a wrecked property insurance market. Exorbitant premiums, the highest in the world, have soured the state's struggling economy, killed real estate sales and forced families from their homes. Homeowners were told that unless they paid even more, no insurance company would take their hurricane risk. The Herald-Tribune showed that is a lie. Floridians have been lied to about why there is a crisis, where their money is going, and whether they're even protected against storm losses. Public policy has been corrupted by fiction spun by the insurance industry and its supposed regulators. Billions of dollars desperately needed for the next disaster have been siphoned offshore. And millions of homeowners are left to entrust their financial security on a system rigged to extort profit. To expose the hidden truth of Florida's insurance crisis, St. John cultivated key sources deep within every aspect of the insurance industry and sought massive amounts of financial and policy data from multiple state and national entities. When it became obvious Florida's crisis was manipulated from afar, she traveled to Bermuda and Monte Carlo to discover the hidden players truly in charge.
The Atlanta Monthly looks at how Tunica County, in the Mississippi Delta, has long been among the poorest places in the US, but casino gambling is changing Tunica's prospects--the golf courses are sprouting and retirees are soon to move in. Meanwhile, blacks, Tunica's majority, are not sharing in the boom and are under financial pressure to leave the land that their labor transformed from a vast swamp. (January 1996)