Word: acapulco
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Making Waves in Acapulco. Troy V. Post, the Dallas insurance millionaire and longtime patron of Ling's, also resigned as vice chairman and chairman of the executive committee in order to devote more time to his investments. Besides his LTV holdings. Post is worried about an Acapulco resort project, which Cornfeld's I.O.S. reportedly backed out of financing...
...were talking about pollution, and he said, 'Well, it's a worldwide problem, no question about that. The Danube is the dirtiest damn river I ever saw. The rivers in Europe are all like that. The Mediterranean is filthy. And nobody wants to go to Acapulco. You can't swim in the bay any more. It's a worldwide problem!' " The speaker was Henry Ford II, and his listener was Detroit Bureau Chief Peter Vanderwicken, who was in the process of reporting this week's cover story on Ford and the new philosophy...
Bernard Cornfeld, the Midas of mutual funds, recently jetted to Acapulco for a summit conference with Hugh Hefner. Naturally, both were accompanied by aides, mostly female. While Hefner's playmates competed with Bernie's bunnies for poolside attention, the two middle-aged millionaires discussed the possibility of combining on a business venture, perhaps to build a hotel in Acapulco. The trouble is that Cornfeld's fortunes have lately fallen into a spin...
...parakiting, the water skier becomes airborne when his trailing parachute pops open. High above Acapulco Bay, the Secretary was doing just fine in his first try at this bold new sport. Then the tow rope from the speedboat snapped, leaving ex-Paratrooper Robert Finch to plunge 150 ft. into the drink. "It was great for my education," said the HEW boss, "but not for my health and welfare...
While President Nixon delivered his State of the Union address, his predecessor was off fishing. Tanned and fit-looking, Lyndon Baines Johnson left Acapulco for a day's deep-sea cruising in the Pacific, but not before sounding very much like a politician about to make a move. Mexico's President Diaz Ordaz was "my good Mexican friend," Acapulco "the place we enjoy," the Mexican people "the people we love." Does the ex-President really have any ambitions south of the border? A certain Texas judge was rumored to be acting in L.B.J.'s interest when...