Business: Rocky Times for a Highflyer

A dealer in politics and planes loses a hot seller

From East Africa to Capitol Hill, a lot of lofty political leaders have a working relationship with Businessman James Wilmot. James who? His name is scarcely a household word even on his upstate New York turf. But Wilmot's otherwise unprepossessing office, in a cinder-block building at the edge of the Rochester airport, contains a profusion of photographs showing him with people in high places.

At 66, Wilmot is a hustling, self-made millionaire. Wearing one of his entrepreneurial hats, he is the principal owner of Wilmorite...

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