Word: farouk
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Playing Nasser to the Farouk of discredited Teamster President Dave Beck (Hoffa will almost certainly take over the teamster reins at the union's Miami Beach convention next month), Jimmy Hoffa allowed that he is considering a plan to combine all the nation's transport unions (aviation, trucking, shipping, railroading) into one council. Said he: "You can't have a one-city strike any more, or a strike in just one kind of transportation. You have to strike them...
...Percy Howard) Newby, 39, is a puckish soldier turned professor, proletarian turned sahib. His The Picnic at Sakkara (TIME, Aug. 29, 1955) was a rich and penetrating fantasy of life in the Nile delta in the last hours of King Farouk. In Revolution and Roses he has moved on in time to the period when an Egyptian army clique led by General Naguib and Colonel Nasser turn out Farouk and take on the cumbrous business of governing a country that had "never had any real independence since...
Things were looking up in Cairo last week as a new nightclub opened with a blare of hot music on one of ousted King Farouk's abandoned yachts. A glittering new Shepheard's Hotel, to replace the old one burned by antiforeign mobs back in 1952, was ready to open its doors again to foreign spenders. The Egyptian cost of living had momentarily ceased its steady climb; the stock market was active, and toll money from a once-again busy Suez Canal was pouring into the national treasury. A prospective purchase of $35 million worth of cotton...
...name-dropping autobiography, R.S.V.P., fickle Party Girl Elsa Maxwell, 74, dropped lowest of all the name of Egypt's fat, fatuous ex-King Farouk: "My R.S.V.P. to an invitation to dine with Farouk [in 1950] was a telegram to his equerry which read, 'I do not associate with clowns, monkeys or corrupt gangsters.' I learned that Farouk screamed like a pig-what else?-when he saw the telegram." Farouk, always in need of money, slapped a $14,000 defamation-of-character suit on Elsa, who also has little money but seldom needs it. The hearing ended last...
...through Swiss banks. Each year the Soviet Union ships about $100 million worth of gold to Switzerland, presumably to finance such undercover operations as its spying and propaganda network in the West, trade deals to get around the embargo on strategic goods. Such ousted rulers as Egypt's Farouk, ex-President Jacobo Arbenz of Guatemala and Argentina's ousted Dictator Juan Perón keep fortunes in Swiss banks all presumably pilfered from public funds. But sometimes the secrecy of Swiss banks defeats itself. Many an owner of a secret account has simply disappeared, leaving his money still...