Word: onassisism
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Down the ways at Quincy, Mass, last week went the largest cargo vessel ever built in the U.S., and the largest tanker in the world: the 45,130-ton World Glory, with a capacity of 16.5 million gals.-enough to fill 2,062 railroad tank cars. Built by Bethlehem Steel...
Aristotle Socrates Onassis, 48, the man who bought Monte Carlo Casino last year to get some office space on the shores of the Mediterranean (TIME, Jan. 19, 1953), hurried back to the U.S. from France "to clear my name." He is under indictment with eight others on the charge of...
SHIPPING Mogul Aristotle S. Onassis TIME, Jan. 19, 1953) and former Massachusetts Democratic Congressman Joseph E. Casey are among nine individuals and six corporations indicted on a charge of conspiracy to defraud the Government in multimillion-dollar deals to buy surplus U.S. ships after the war. The Government charge: the...
Admiral at Work. Burger simply seized the ships, then let them continue operating under the same officers. But he first had both captain and first mate sworn in as deputy U.S. marshals, with the duty of impounding all profits made by the vessel. To accomplish this, Burger had to get...
* Among his biggest: Olympic Oil Lines, A.S. Onassis, Ltd., Olympic Maritime, A.G., Panama Maritime, S.A., South Atlantic Marine, S.A.