Only Beautiful Please: A British Diplomat in North Korea
Bond transactions are not usually the stuff of great passion. But the megacanje, or megaswap, as this one would come to be known, ranks among the most infamous deals that Wall Street has ever peddled to a government—and with good reason: For CSFB and a half dozen other Wall Street firms, the megaswap would be a bonanza, earning them more than $90 m
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They were particularly frustrated with businessmen and bureaucrats who came to Manchuria without any scientific background;
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In 1999, Angola’s rulers spent $900 million in oil revenues to purchase weapons. Never mind that one child in three dies before the age of five and life expectancy is a shocking forty-two years.
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We were constantly monitored by the goons of the State Security of North Korea and the secret police. I guess we posed a double threat. We’d brought some dangerous items with us from Japan when we moved—things like bicycles and electrical appliances and half-decent clothes. What if the local villagers came to realize that their standard of living w
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