Word: lacayo
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Dates: during 1990-1999
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...Lacayo attributes his success in business to financial acumen and patriotism during the Sandinista regime. Says he: "Everyone said that to invest in & Nicaragua meant supporting the Sandinistas. I believed that it would lead to victory against the Sandinistas. So I opted to invest...
...president of the Association of Aviculture: "All private producers fear competition from businesses protected by the government. It doesn't look right that members of the government also have business interests." Guillermo Arostegui, vice president of Gracsa's main competitor, the Numar Group, is in agreement: "It's obvious Lacayo has an advantage. He used to run Gracsa; now he runs the country...
Nicaraguans agree that Chamorro -- guided by Lacayo -- has kept her two central campaign pledges: to end the nine-year conflict between the Sandinista army and the U.S.-backed contras, and to eliminate the military draft. Her administration is also slowly repairing the economic meltdown produced by Sandinista mismanagement, the war and a U.S. embargo on trade that was lifted only last year...
...peace with the Sandinistas, Lacayo has dealt with them very gingerly, opening him up to another set of criticisms and splintering the 14- party coalition that supported Chamorro's candidacy. Francisco Mayorga, who served as Central Bank president, resigned last October after stormy clashes with Lacayo. Says he: "Antonio can't make any decision without the acquiescence of the Sandinistas...
...brashest critic of the administration's soft policy on the Sandinistas is its own Vice President. Godoy remains outraged that General Ortega held on to his army post and has repeatedly called Chamorro and Lacayo "prisoners of the military." Lacayo pounces on such overheated rhetoric. "How much accommodation with the Sandinistas is too much?" he asks. "If we're too generous, that's better than not being generous enough. The gains we've made by negotiating with the Sandinistas are enormous. For a start, we're not killing each other anymore...