The people around the emperor wanted Mr. Gebre Yesus's land and slowly, though the machinery of Haile Selassie's autocratic and centralized state, he lost his holdings.
When the economy tanked and the developers, Western American Holdings, lost their investment capital, Mauro saw a chance to preserve the untouched wilderness around the mountain.
Industrialization was assisted by a flood of cheap labour from rural areas, where collectivization and discriminatory price-fixing meant that farmers not only lost their own holdings but secured only modest returns as farmworkers.
Investors who have lost money through holdings in split capital investment trusts have been urged not to delay applying for compensation, with just over a month to go until the deadline for applications.
Some independently owned outlets that criticized the government found themselves the subject of official harassment during the presidency of Vladimir Putin; for example, TV-6 was ordered to cease broadcasting, and media tycoons Vladimir Gusinsky and Boris Berezovksy lost their media holdings and were forced into exile.
Phil Angelides, the state treasurer and a Calpers trustee and the leader of the divestment drive, says the holdings lost more than $500 million in value last year alone as cigarette makers fended off lawsuits by the federal and state governments as well as class-action suits.
One-third of Isabelle's holdings lost money in the past year.
Wachovia was not helping either, after the bank said the value of its subprime-related holdings lost another $1.1 billion in October.
One rich Russian, whose holdings lost $250 million in value on Monday alone, shrugged off the decline, however, recalling that Russian markets had once dropped so much he lost $1 billion in a single day.
"The concept of losing their stock holdings, or their stock holdings being significantly damaged in value, was not as scary as it would be if that's where all their personal wealth were being held," he said.
