Word: dodero
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Died. Elizabeth Dodero Shannon, 45, onetime Ziegfeld showgirl (stage name: Betty Sundmark) who. while appearing in Monte Carlo Follies, met and married Argentine Shipping Magnate Alberto Dodero, became an international-set hostess and an intimate friend of Argentine Dictator Juan Peron and wife Eva; in Manhattan. To solidify her husband's personal-business relationship with Peron, Betty once stripped a diamond ring off her finger to give Eva when she admired...
Died. Alberto Augustm Dodero, 64, Italian immigrant's son who became one of South America's wealthiest men and freest spenders; of a heart attack; in Montevideo, Uruguay. Aided by loans and contracts from Argentina's Dictator Juan Peron, to whom he had given such thoughtful gifts as a Rolls-Royce, Dodero expanded his shipping business to 382 vessels, the continent's biggest merchant fleet. In 1949 he sold his Compania Argentina de Navegacion Dodero S.A. to Peron's government. For pleasure, Don Alberto had a small land, sea & air fleet all his own, kept...
Gripes in B.A. As Argentina's postwar trade boom slowed down (so far this year, exports are about one-third of 1948's), Dodero complained that the government's state-trading policies were at fault. Despite their long friendship, Perón paid him no heed. Instead, he made him a take-itor-leave-it offer to sell out to the government...
Last week, the Perón regime's nationalization program, which had already absorbed railroads, telephones and other utilities, took over Dodero's ships, his shares in an airline, and all the rest of his Argentine business property except five apartment houses. The terms were those of a forced sale: 26 million pesos (less than $3,000,000) for the controlling stock...
...Dodero properties were worth much more than the government paid for them and the fact that Don Alberto would sell at such a bargain price left Argentines breathless. Whatever the government pressure, the public could only conclude that Dodero knew when to get out. Apparently shrewd Don Alberto foresaw no future for free enterprisers like himself in Perón's Argentina...