Word: lollies
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...arts, who, among other things, presented the first performance of Stravinsky's Le Sacre in 1913, with choreography by Nijinsky. Though he confessed that, because of a lot of schedule conflicts, Friday's program (L'apres-midi d'un faune and Jeux by Debussy: Scythian Suite 'Ala and Lolli' by Prokoflev: and Stravinksy's Les Noces) was not one of his more daring adventures. Thomas was justifiably excited about it: "...the figure of that man is monumental. It's just unbelievable the number of things he brought off!... The world needs more impressarios, not more composers and players...
Bringing the Rothschilds and Rockefellers together was a personal triumph for Ettore Lolli, president of R.A.S. Lolli, 61, emigrated from fascist Italy to the U.S. in 1940. After the war, he became the Manhattan representative of Banca Nazionale del Lavoro, Italy's big government-owned bank. Called back to Rome in 1957 to be groomed for the bank's top job, he also became a director of IBEC. Lolli eventually found himself blocked by the Socialists in the government; they wanted a member of their own party to head the bank. So he left Lavoro...
Ripe for the Venture. The question was, what fund? Lolli's answer was to interest IBEC in helping form a new Italian fund. Later the Rothschilds, with whom Lolli had been involved in forming a British merchant bank, offered their backing, and 3-R was born. The chairman of the fund will be Evelyn de Rothschild, 38. the polo-playing contender for leadership of the British house of Rothschild...
...which Assicurazioni owns a major interest. Decrying Italian financial companies as "a group of hens nesting on rocks," Merzagora's group demanded that Bastogi try to stimulate private investment rather than keep its capital in the serenity of real estate holdings. Another group, headed by Insurance Executive Ettore Lolli, joined with Tiremaker Leopoldo Pirelli to oust the conservative management of La Centrale, a holding company that had most of its $200 million portfolio in real estate and food. The new management has turned La Centrale toward a more active role in both domestic and foreign investment...
Irreparable Consequences. Lolli's subsequent resignation and Longo's determination to leave with him turn the top management of the Banco del Lavoro into a lame-duck administration and hobble its operations. "We can do absolutely nothing about planning even six months from now," complains one bank official. Even some politicians resent the dumping of Lolli, an expert on international monetary matters whose views on the gold flow have been sought by the U.S. Treasury and Congress. The sequence of events that led to the Longo-Lolli resignations, said an editorial in the left-of-center Republican Party...