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FOLLOW-UP
(FORTUNE Magazine) – The illegal drug trade, apparently the world's fastest growing and most profitable industry, has scarcely been hampered by several governments' efforts to stop it (FORTUNE, June 20). Now the Bahamas and the Dominican Republic have clamped down on their smuggling of cocaine from South America to the U.S. -- so the drug barons have made Haiti a major new transshipment point. In Bolivia, the world's second-largest producer of coca after Peru, a bomb nearly blew up U.S. Secretary of State George Schultz's car in August. Government officials there consider the attack an attempt at intimidation by drug lords. Shultz was in the country to deliver a speech praising the La Paz government's new efforts to eliminate the drug trade. -- The trustee overseeing the reorganization of Sharon Steel was horrified to find that 14 Norman Rockwell paintings owned by the company were gone, and he accused former CEO Victor Posner of taking them (FORTUNE, August 29). Now Posner has agreed to return 13 of them. And the 14th? He says he never had it. - C.H. |
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