Word: financiere
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Dates: during 1970-1979
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The bulls' rampage was good news for investors-and indeed for everyone. In market almanacs, January is a prophetic month: nine times out of ten, says Wall Street Analyst Yale Hirsch, a strong performance then presages rising prices for the year as a whole. Of broader significance, the stock...
The speaker is Financier Robert Lee Vesco, who last week gave a rare telephone interview to TIME Correspondent Bernard Diederich. His sentiments are understandable: if the U.S. can get him extradited from Costa Rica, to which he fled in 1972, he will face trial on four indictments. The latest, returned...
Von Stade's departure at the end of the academic year will close a 35-year Harvard career that began in the early 30s with von Stade's arrival as a polo-playing freshman straight out of St. Paul's, the son of a famed horseman and grandson of a...
Yet the lecture had one remarkable aspect: the fact that it occurred at all. The speaker was Michele Sindona, the once reclusive Italian financier who is being sought for fraud by the Italian government. A mere two years ago, Sindona controlled a banking and real estate empire comprising scores of...
Even before the inquiry brought about Slater's resignation, it was clear that he and his conglomerate were in trouble. Profits were down: from a 1972 total of $25 million, Slater, Walker's income dwindled to $2.3 million for the first half of 1975. At the same time...