Word: lobo
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...world's biggest sugar operator is a little known Havana trader named Julio Lobo. A short, imperious man of 54, Lobo has more to do than anybody else with determining the world price of sugar. He handles about half the entire Cuban crop, at least a fourth of the Puerto Rican and Philippine crops, owns or controls up to 30 Cuban sugar mills, and dominates the market everywhere. "I am the market," he says. "I buy and sell sugar any time, day or night." Last week, as Cuba's 5,000,000-ton sugar harvest rolled toward...
...Lobo's mastery over the marketing of Cuba's No. 1 product has won him a fortune estimated at $70 million. "I back my judgment," Lobo says, "with good, fast, accurate information, courage and cash." Powerful though they are, even the big U.S. refiners find it unprofitable to buy at any time and in any quantity and thus compete with Lobo; in practice, they have to come to him for their Cuban sugar, and sometimes pay through the nose...
Born in Caracas, whence his banker-father fled to Havana after a turn-of-the-century revolution, Lobo was schooled in sugar-mill engineering at Louisiana State University. He learned sugar marketing in the hard times following World War I, when he was called home to put his father's factoring firm of Lobo y Cia back on its feet and soon earned a reputation as a top trader...
Jimmy and his friends were released near Isle Royale's Rock Harbor Lodge, currently occupied by about 150 tourists. Stoutly refusing to take to the woods, the lobo quartet gamboled about the resort area, spreading consternation among some of the tourists-presumably those who had been brought up on the story of Little Red Riding Hood. When they refused to leave the inhabited area, the four wolves were hauled around to the other side of the island and turned loose once more, this time in a wild tract. Next day, the four faithful friends of man turned...
...swimming pool-equipped Villa Verde on Macao's outskirts, Lobo shrugged off questions about the propriety of the trade. Just throwing a few crumbs to the Reds to keep them off his neck, he explained, recalling that during World War II he had stood the Japanese off, for the Allies' benefit, in similar fashion. But Macao's aid to Mao is more than crumbs, and even crumbs are important to a regime hungering for war materials...