Word: banker
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Dates: during 1960-1969
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Abol Hassan Ebtehaj, 62, is a brilliant but irascible banker and economic planner whose frequent forceful criticism of Iranian corruption and autocracy outraged Cabinet ministers and even members of the Shah's entourage. With equal bluntness he attacked the U.S. for "spoiling us little children" with massive military aid, accused Washington of doling out economic assistance without sufficient planning. For years, Iranian officialdom tolerated him simply because Ebtehaj was essential to the country's economy. As chief of Iran's Plan Organization from 1954 to 1959, he initiated the country's ambitious land and industrial development...
...general named Manuel Odria seized power and drove APRA underground once more. Haya fled to the Colombian embassy in Lima, where he stayed for five years. Not until 1956 did Odria hold another election. Once again APRA was the power behind the scenes, helped elect Manuel Prado, a conservative banker, to the presidency in return for winning legality as a party. It also made an enemy of Fernando Belaúnde, a well-born architect who at 43 went into politics in a big way and cultivated wide support from both left and right with a spellbinding appeal to Peruvian...
...chasm that Chatô, in his frantic private life, dug between himself and his children. In 1922 he married the daughter of a French architect living in Brazil; the two separated before his first son, Gilberto, was born. Three years later, Chatô married the daughter of a Brazilian banker; before they parted, his second son, Fernando, was born. Chatô saw to it that his two sons were well educated and well provided for, but beyond that he had little time for them. After one of his frequent quarrels with his father, Son Gilberto went to Europe, there broke...
...Wall Street it was a story with all the appeal of Ted Williams' homer his last time at bat. As president of prestigious First Boston Corp., Investment Banker James Coggeshall Jr. one day last week managed the biggest stock sale of the year-the Ford Foundation's offering of 2,250,000 Ford Motor Co. shares. The $218 million deal went so smoothly that Ford stock actually rose a point to 984:. That taken care of, 65-year-old "Jim Cogg" returned to his office, wrote out the letter of resignation that ended his 42-year investment career...
Yusuf Bedas' own flamboyant history supports his thesis. Since 1948, when the creation of Israel ended Palestine's role as banker to the Middle East, free-enterprising Lebanon has been inundated by a flood of investment money from oil-rich Saudi princes and from wealthy Egyptians, Syrians and Iraqis frightened by the increasingly socialist policies of their own governments. Riding this tide, brash, resolute Yusuf Bedas in ten years of frenetic expansion has built Intra from scratch into Beirut's largest bank, with capital of $10,000,000 and 16 branches in Europe and the Arab world...