Word: dodero
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...become a permanent house guest in the presidential residence. The Perón government threw almost all its shipping contracts to him, lent him money to buy more ships, granted him many another fat favor. It went all-out on a long-ignored demand for indemnity on a Dodero ship that had been sunk by the Nazis in 1940. In addition to the 2,000,000 pesos that Dodero had asked, it gave him 15 million pesos more to cover what he would have made with the ship if it had not been sunk...
Swarthy, suave Alberto Dodero knew what he wanted to do with his money. He bought a yacht, a plane, a fleet of cars, elaborate homes near Buenos Aires and Montevideo, in New York, London, Paris and Cannes. He entertained like a Croesus, invited scores of guests for a lobster supper as casually as he brought five kilos of white truffles from Rome. During summers on the Riviera he spent an estimated $50,000 a week for entertainment. He had a sharp eye-as well as the gifts of a Santa Claus-for pretty women. He has been twice married...
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...