Word: liechtensteiner
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Dates: during 1970-1979
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...court in Tel Aviv indicted Tzur on charges of fraud, bribery and breach of trust. The accusations are the latest developments in a complex contretemps that involves, besides the state of Israel, a Baron de Rothschild, a shady Swiss bank with a record of ties to the Mafia, secret Liechtenstein trust accounts, a hero of the World War II Hungarian underground and scores of millions in missing funds...
Between 1970 and 1974, according to last week's indictment, Tzur illegally transferred about $16.2 million from The Israel Corp. and two of its subsidiaries to a Liechtenstein credit trust. The trust was controlled by Tibor Rosenbaum, president of the International Credit Bank (I.C.B.) in Geneva. Apparently, Rosenbaum withdrew the illegal deposits-along with other funds that he transferred from his bank to Liechtenstein trusts-to pay off mounting debts incurred by his other enterprises, mostly real estate ventures...
...example, two Rothko paintings were sold to the Liechtenstein firm of Galleria Bernini (two of whose directors also sit on the boards of four Marlborough shells). The Galleria paid $140,000 for them, of which the estate received $84,000. But Mrs. Paul Mellon wanted those very Rothkos so ardently, Lloyd testified, that Marlborough bought them back from Galleria Bernini for a whopping $420,000 and then resold them to her for that amount. "Since the price was so high," Lloyd said with benign altruism, "I didn't want to profit from it." Yet if the sale...
...campus, Father Al Jonsen is analyzing health policy issues and the moral desirability of such technical advances as the mechanical heart. From a base in Los Angeles, Fa ther Nick Weber, 33, and two companions carom round the country in a battered station wagon giving performances of the Royal Liechtenstein One-Quarter-Ring Sidewalk Circus, an amiable blend of circus acts and low-key morality plays. Weber and company live a frugal, catch-as-catch-can existence, begging meals and a place to sleep wherever they stop. A Rochester, N.Y., Jesuit high school teacher, Father William S. O'Malley...
...firm that -under the guidance of Frank Lloyd, a dealer of legendary if unloved astuteness-has in the past decade become the world's richest gallery complex, with main offices in New York, London and Rome, a branch in Tokyo and a network of holding companies in Liechtenstein. Fiat had agreed to design and build four air-conditioned "Artmobiles" equipped to carry shows all over the U.S. The American branch of Fiat was to give these to the Met as a public relations gesture. Though the Met officially denies it, sources within its staff believe that the gift...