Word: herrera
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Look-Alike. The bank's least hidden asset is its first president, a plump, articulate Chilean named Felipe Herrera. Once a Socialist, and at 38 still prone to consider banking economics as mere means to social ends, Herrera has labored nonstop to get the bank going ever since he was elected last February. By his own methodical count, he has been on the road 92 days, visited 19 countries, explained the bank to 18 Presidents, 3 Presidents-elect, 85 government ministers, 42 political party leaders ("while gaining six pounds and losing seven shirts and five handkerchiefs...
From the sidewalk, Herrera's new bank is hard to distinguish from all-the other international financial agencies that root their initials deep in the bureaucratic soil of Washington. IADB's planned capitalization is $959,476,000; by far the biggest share ($450 million) will come from the U.S. with the rest to be contributed by 19 other hemisphere republics* (see chart...
...June, Tina spent a profitably unprofitable day in Alabama, got an uncontested divorce and custody of the kids from "Ari." She asked no alimony. Ground: mental cruelty. Tina now has no admitted plans to wed anyone, not even her most constant recent escort, handsome young Venezuelan Moneybags Reinaldo Herrera Jr. In Milan stormy Soprano Maria Callas, 36, legally separated from her Italian husband and widely billed as the other woman in the Onassis breakup, said primly: "I can only confirm that a very tender and affectionate friendship still exists between Mr. Onassis...
...buyer of a $2,000 U.S. car must post an import-discouraging $20,000 bond for three months, some 60% of the country's 54,429 cars are pre-World War II vintage. "They are strong like a tank and high like a horse," says Farmer Mario Herrera, who gets around the fields in a 1929 Dodge bought by his father. A 1928 Dodge taxi plies Santiago's red-light district in the wee hours, bearing witness to its driver's boast that even "drunks can't destroy...
Bold Face. In Stockton, Calif., Teodoro Lopez Herrera held up a bank, was asked by the cashier to sign his name for the money he took, dutifully obeyed, was soon tracked down and arrested...