Word: erdman
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...probably would not have written the novel had I not been in jail," says Erdman. In 1970, he and other officials of the United California Bank in Basel, Switzerland, found themselves in one of the city's 17th century dungeons. The bank had collapsed after losing more than $30 million speculating in cocoa futures, and the books had been doctored to hide the losses...
There is no habeas corpus law in Switzerland. Erdman was held for ten months without being charged with any crime before he was able to raise a bail set at nearly 1,000,000 Swiss francs. The Swiss have also attached his property and bank accounts. After he was sent to jail, he had to fall back on some formidable intellectual assets. In addition to having a Ph.D. in economics from the University of Basel, he has studied philosophy with Karl Jaspers and is a scholar of ancient Greek...
...Erdman, who grew up in the Midwest, exudes a boyish enthusiasm. He seems to be an irrepressible doer. Be fore leaving jail, he had not only writ ten the novel but revamped the prison library system and persuaded the war den to paint the cells in cheerful col ors. His own accommodations were not unpleasant. He had television, radio, all the books he wanted - and a typewriter...
They will be written in the U.S. Erdman has just moved to a suburb of Fort Lauderdale, Fla. Why come back to inflation and the strong likelihood of a further devalued dollar? "America," says Erdman, "is due for a spiritual renewal. Viet Nam, Watergate, all these things have had a great purging effect...
...country seems to be moving away from much of its materialism, while Europe and Japan are becoming more like we used to be." With owlish reasons and bullish sentiments, Erdman thinks the U.S. will be a far better place to live in during the '70s. He even believes Europeans will vacation in Florida be cause the water there is cleaner than the Mediterranean...