Word: onassisism
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Dates: during 1960-1969
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Someone should have told His Serene Highness Prince Rainier about Greeks bearing gifts. Twelve years ago, he welcomed Aristotle Socrates Onassis to Monaco. Now he regrets it.
Onassis did not come emptyhanded. Rainier was originally delighted to see him, because the Greek shipping magnate invested some $1,500,000 in 52% of the stock of the Société des Bains de Mer, an Edwardian sprawl of properties that includes the casino, the yacht club, the...
"I was taken for a sucker!" stormed Rainier to a reporter in June. So was Onassis, in one sense, for the Prince enjoys a royal veto over S.B.M. decisions, and the tycoon's only recourse was to protest bitterly to Monaco's 18-man Parliament. He accused Rainier...
Rainier could scarcely afford to buy Onassis out, and he shuns expropriation; as unbefitting the genteel nature of his establishment. Nonetheless, at the company's annual meeting last week, a Swiss lawyer known to be close to the palace launched an attack that suggested a Royal Solution. Onassis'...
To most Americans, the thought of European roulette conjures up visions of King Farouk squandering an Egyptian fortune at Deauville, James Bond gallantly winning one for a lissome blonde at Casino Royale, or Princess Grace and Ari Onassis presiding over the glittering wheels of Monte Carlo. Titillating, perhaps, but a...