Word: grammies
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Dates: during 1980-1989
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...plump man with steady dark eyes and a soft voice, Koskotas is no common embezzler. In addition to the Bank of Crete, he owned Grammi, a flourishing publishing empire that operated five magazines, three newspapers and a radio station. He bankrolled big hotels. A year ago, he bought Greece's wildly popular soccer team, Olympiakos. He created one of the world's most advanced printing plants. And until he fled Greece, Koskotas consorted freely with the country's ruling Socialist leaders. At 34, George Koskotas, the Greek wunderkind, had achieved a dazzling reputation in his own land...
Papandreou came to assume that Grammi's national magazines and newspapers really served him. Certain Papandreou favorites were hired as editors. Says Koskotas: "All our editors were instructed never to criticize the Prime Minister personally, not even a single cartoon." Papandreou urged Koskotas to neutralize hostile newspapers by buying them up gradually. At their second meeting in early 1987, Papandreou pressed Koskotas to buy Kathimerini, the country's most respected paper; he did, using Bank of Crete funds...
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