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Summit County targets India
SUMMIT COUNTY, Colo. – Whistler and Banff have been waiting expectantly for several years for the day when the average Chinese can begin visiting. Vail has been flirting with the ruble-rolling Russians. Could Colorado’s Summit County someday be sending delegations to Bombay and New Delhi in an effort to attract the 350 million Indians who today are younger than 25?
That idea was drawn out after a visit by Purnima Voria, who founded the National U.S. Indian Chamber of Commerce. The group seeks to foster economic reform. “India is a sleeping tiger that has just awakened economically,” she said. She also suggested that Summit County might someday draw nurses from India, as the county is having a hard time with that staffing.
More white-collar crime
BEAVER CREEK, Colo. – Oh, the world can be small at times. Consider this most recent round of corporate thievery, capped last Friday by the sentencing of Joe Nacchio, the former chief executive of Denver-based Qwest, the telecommunications company.
Nacchio has been ordered to serve six years in prison, fined $19 million, and ordered to pay back $52 million in ill-gotten gains that he received in 2002 when he knew his company was facing financial risk. In essence, he was convicted of lying.
These crimes were those of “overarching greed,” said the judge, Edward Nottingham.
Nottingham grew up, at least partly, at Beaver Creek, on a ranch owned by his father, Willis. This is the same place near Vail that later became a major ski resort.
Beaver Creek, always a favorite of the corporate types, has become more prominent in recent years in a left-handed way. Several of its big houses were owned by people who have become full-time residents of the “big house.” They include Adelphia founder John Rigas and his son, Tom Rigas, who received prison sentences of 15 and 20 years respectively. Tyco’s former chief executive, Dennis Kozlowski, was sentenced to 8.5 to 25 years in jail.
Clear cuts proposed
VAIL, Colo. – In the early 1990s, people around Vail generally detested logging sales. “No more clear cuts,” mountain bikers would yell as they rode by clear cuts that were, if small, nonetheless clear cuts. Ironically, they were riding on a road built for logging operations several decades ago.