Word: banco
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...mountain lion in a coyote trap is quite a surprise. Finance Minister Ramon Beteta last week found how it feels. He had set out to run down the silver smugglers who had been cheating the government of export taxes and dollar earnings. He ended up with the ultra-conservative Banco de Comercio, S.A., the country's biggest private banking house, on his hands...
...Plata's boom was brought by: 1) Argentina's hottest summer in 16 years; 2) currency difficulties that kept most Argentines away from Uruguay's resorts; 3) plenty of inflated pesos. Some of the pesos were flung away by newly rich industrialists plunging at punto y banco, a South American version of baccarat. But most of the money came from the pockets of vacationing descamisados, who preferred roulette. The casino's main hall looked like Macy's basement as players pushed and shoved to bet at the 71 roulette tables. Most of them ignored...
...while; one day it may be a chapter from Don Quixote, the next a treatise on heraldry. Then he mounts one of his two horses, rides out to the Rancho del Charro, puts the horse through its paces. Eleven o'clock finds him downtown at the Banco de Mexico, in spats and morning coat, checking over his investments. Sometimes he growls: "The Revolution has stripped me!" (In 1910 he owned 4,000,000. acres, now has ten.) The atmosphere of ruin is somewhat dissipated when he adds: "Only six servants in a house that once...
...Latinos everywhere, they are determinedly late for dinners and parties, but they also have their own private jibe at punctuality: in all of thin-aired La Paz there is no dependable timepiece. The city (almost due south of Bar Harbor, Me.) has only two public clocks: one, on the Banco Mercantil, seldom runs; the other, on the Congress Building, keeps time erratically because it has been shot up so often in Bolivia's revolutions. Radio programs often begin & end according to the announcer's wristwatch...
Carlos Vial, president of the potent Banco Sudamericano and one of Chile's biggest bullmarket operators, tracked down Wachholtz in swank Viña del Mar and in the presence of President González, was said to have accused him of playing bear and speculating on the market drop. Husky Minister Wachholtz swung on Vial, knocked out two teeth. Last week Vial sued for "grave lesions" to his person; Wachholtz sued also-for defamation and injury by publicity...