Word: adela
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Dates: during 1970-1979
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...curtain dropped on her career, Adela Holzer. 43, played out her self-scripted role with aplomb. She even managed to maintain her poise after she was indicted last week in New York State Supreme Court on 137 counts of larceny and falsifying records. "I don't wear dark glasses when I went to be booked," she told TIME Correspondent Mary Cronin in her heavily accented English. "Everything will be done openly as 1 have led my life." With first-nighter enthusiasm, she gushed over the mug shots taken as she was booked, pronouncing them "the best. I have short...
...much of Broadway, she is Adela the angel, the flamboyant, chestnut-haired Spanish beauty who helped bring a struggling little show called Hair to the Great White Way-and thence to the whole world-by investing $57,000 in it in 1967. That strategic infusion, claims Adela LaFora Holzer, earned her $2 million. It also earned her a heap of fame among show biz folk and set her on the road to becoming a big-time theatrical producer. Actors, agents, composers, publishers-and, of course, psychiatrists-loved to mix with Adela and her third husband, Peter Holzer...
...talk she did. In her galloping, heavily accented English, she liked to say: "Banks tell me I am a top business person. They say to me, you have such a mind. The bankers can't even follow." Adela spun sugarplum stories of wonderful "deals" through which she could help people multiply their money by buying land in Spain and selling it for huge markups, or by shipping Japanese cars to Indonesia, or by getting into the import-export trade. And a lot of folks, credulous and captivated, begged to get in on the action...
Some of the investors did nicely indeed; New York Book Publisher Norman Monash, who plans to bring out Adela's heavily edited autobiography, says she helped him turn $50,000 into $190,000 in 13 months, though there is now a little problem about retrieving funds (from a recent real estate deal) that are blocked in Spain. But others have done much less well, and quite a few are afraid that they will never see their money again...
Another important member of the commission is J. Paul Austin, chairman of the Atlanta-based Coca-Cola Company and of the Rand Corporation, and director of the Adela Investment Company of South Africa. Austin originally sponsored Carter in the Trilateral and later served as his campaign finance chairman. Still another Carter campaign confidante was Richard Holbrooke, managing editor of Foreign Policy and the president-elect's choice as the new ambassador to Italy...