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...into possible federal influence peddling in the granting of duty-free shop concessions at Montreal's airports. Mackay charged that Louis Giguere, a Liberal Senator and prominent party fund raiser, had made a $92,000 windfall profit from the timely purchase and sale of shares in Sky Shops Ltd., the concession in question. Mackay also charged that Health and Welfare Minister Marc Lalonde, who was Trudeau's principal secretary when Sky Shops renewed its concession in 1972, had been influential in getting the concession approved. Trudeau loftily told the House that he saw "no conflict of interest...
...flawed as a bargain-basement diamond. Around the turn of the century, rather like a cutter splitting a precious stone, three grandsons of Founder Louis Cartier decided to go their separate ways in the three great capitals of chic, and what they got was an exceedingly lopsided split. Cartier Ltd. in London maintained close ties with Paris' Cartier S.A., which clung to classic haute joaillerie with designs rooted in the 19th century. Cartier Inc. in New York tried to be more responsive to changes in fashion. One resuit: some world-traveling Cartier customers came to regard the New York...
...does not represent a takeover by the Paris company. But he adds that the new owners agreed to buy the U.S. operation only if Hocq would supervise its management. One immediate change at the New York store was the installation of Ralph Destine, a former managing director of Cartier Ltd. in the Far East, as president. Over the years, says Destine, differences between the Paris and New York stores resulted in "one company looking backward, perhaps too far back, and the other forward, perhaps too far forward." From now on, he says, Cartier New York will be managed...
...sentiments are understandable: if the U.S. can get him extradited from Costa Rica, to which he fled in 1972, he will face trial on four indictments. The latest, returned in mid-January, charges Vesco and six associates with selling stocks held by mutual funds that were managed by I.O.S. Ltd.-the investment complex once controlled by Bernard Cornfeld-and then investing more than $100 million of the proceeds "for their own use and benefit" in corporations they controlled. Some $60 million allegedly went into Inter-American Capital, a Costa Rican-based corporation...
Gulfs new chief is Jerry McAfee, 59, the president of Gulf Oil Canada Ltd...