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Nothing from Grandfather. The first move is Chinn Ho's trademark. He has made the foundation of his empire, Honolulu's $25 million Capital Investment Co., Ltd., so flexible that it can quickly and easily be tailored to attract the risk capital required for specific situations. Stretching out from Capital are ten subsidiaries with tentacles reaching out all across the Pacific; some subsidiaries have subsidiaries; one sub-subsidiary in turn controls three other corporations. Through Capital, Ho controls the whole complex. "We can arrive at very fast decisions," he says. "That's the essence of our operation...
...Last year, on gross revenues of $112,149,302, the Times netted $1,652,392-a return of less than 2%. Of this skimpy profit, all but $348,051 came from Canada's Spruce Falls Power & Paper Co. Ltd., in which the Times has a part interest...
...fight, which began in 1948, is a classic example of the way March has built his financial empire. The holding company of the Catalonian utilities had been The Barcelona Traction, Light & Power Co., Ltd., a Canadian corporation that was in turn controlled by Sofina. Eager to take over the utilities, March persuaded Franco to ban the export of their profits to Barcelona Traction's Canadian headquarters. Cut off from its sources of revenue, Barcelona Traction could not pay the interest on its outstanding bonds, most of which were held outside Spain. They tumbled in value, were quickly snapped...
...most of Japan's 94 million people, the frequent mild earthquakes that rattle windows and dismay tourists are routine works of the gods. But the nearly 3,000 employees of Dentsu Advertising, Ltd. are subject to other tremors and are often heard to groan: "Oh Oni is angry again." Oh Oni-or Big Demon-is no evil spirit from the nether world, but the nickname of Dentsu's autocratic, dynamically modern-minded president, Hideo Yoshida, 57, who almost singlehanded has built Dentsu into the world's fifth largest* advertising agency with yearly billings...
...army's records discovers seven competent but crooked officers and other ranks (Nigel Patrick, Roger Livesey, Richard Attenborough, Bryan Forbes, Kieron Moore, Terrence Alexander, Norman Bird)-all cashiered out, all out of cash. Guaranteed ?100,000 apiece, these amiable scalawags form an unregistered corporation called "Cooperative Removals, Ltd." From there out, the picture becomes simultaneously a sort of rollicking Rififi and a hilarious parody of the last skaty-eight milidramas from Blimey. The major organizes his gang as a commando, runs it by "Queen's Regs," soon whips together a unit that makes up in morale what...