Word: jute
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Dates: during 1960-1969
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...small, jovial Italian who came to China after World War I to sell airplanes and moved down to Hong Kong in 1948. On Calcina's desk stand 19 direct-line telephones to Hong Kong banks. A licensed gold bullion dealer, his investments range from financing a jute mill in South Viet Nam to a $532,000 loan to U.S. Lawyer Roy Cohn to help him acquire control of the Lionel Corp. (TIME, April 18). Living in the comfortable Repulse Bay Hotel, Calcina has an abhorrence of possessions, says of Hong Kong, "I don't want to own anything...