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...have to democratize business," said Harvard-educated Gaston Azcarraga, 35, as he announced a $1,600,000 sale of stock in Fabricas Auto-Mex, which is 55% owned by his wealthy family and 33% by Chrysler, whose cars and trucks it assembles in Mexico. The sale fulfills government directives to spread ownership and to increase the "local content" of autos assembled in Mexico. Auto-Mex (15,308 vehicles a year) will use the money it takes in to build a $15 million engine plant at Toluca, 40 miles from Mexico City, from which Chryslers 60% made in Mexico will eventually...

Author: /time Magazine | Title: World Business: Personal File: Aug. 23, 1963 | 8/23/1963 | See Source »

Spectacular Rogue: Gaston B. Means, by Edwin P. Hoyt. He could have lived in splendor on the take from just one of his spectacular swindles, but for Means the joy of a lie was in living it, so he conned the rich (mostly women) the slow, dramatic...

Author: /time Magazine | Title: Television: Aug. 2, 1963 | 8/2/1963 | See Source »

Spectacular Rogue: Gaston B. Means, by Edwin P. Hoyt. He could have lived in splendor on the take from just one of his spectacular swindles, but for Means the joy of a lie was in living it, so he conned the rich (mostly women) the slow, dramatic...

Author: /time Magazine | Title: Cinema: Jul. 26, 1963 | 7/26/1963 | See Source »

...North Carolina lawyer, Means's career in rascality was well under way at the age of ten, when he used to go around eavesdropping on prospective jurors for his father. In 1914, he talked himself into a job working for the famed William J. Burns private detective agency. Gaston loved detecting. And when Burns was hired to head the Justice Department's investigative bureau, Means finagled a job as investigator. This was the Prohibition era and the days when the Harding Administration was brewing up the notorious Teapot Dome scandal. Means was all over the place: he hauled...

Author: /time Magazine | Title: Books: The Liar | 7/19/1963 | See Source »

...touch with Mrs. Evalyn Walsh McLean,* owner of the famed Hope diamond and estranged wife of the Washington Post publisher. She was a friend of the Lindberghs, and of course would be overjoyed if she could help find the baby. Just leave it to me, said Smiling Gaston. All he needed to turn the trick was $104,000 ($100,000 for the kidnapers, $4,000 for expenses). But this would be a highly secret caper, he warned. He gave Mrs. McLean a code name, "11." He would be "27." A U.S. naval officer and a Roman Catholic priest, whom Means...

Author: /time Magazine | Title: Books: The Liar | 7/19/1963 | See Source »

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