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Early one morning last February, Eli M. Black, 53-year-old chairman of United Brands Co., plunged to his death from his 44th-floor Manhattan office. Early last week General Oswaldo López Arellano, 53-year-old Honduran chief of state, was overthrown in a bloodless coup. The link between the two men was an alleged $1.25 million bribe that is now being investigated by both the U.S. Securities and Exchange Commission and a Honduran commission...

Author: /time Magazine | Title: HONDURAS: A Genuine Banana Coup | 5/5/1975 | See Source »

...Street Journal, which had learned the results of the SEC probe, extracted from United Brands a public admission that last year it had paid a $1.25 million bribe to a high official in Honduras-and speculation immediately centered on none other than the chief of state of the country, Oswaldo Lopez Arellano. The bribe was offered in order to win a reduction in a 500 export tax on every 40-lb. box of the bananas that United Brands grows in Honduras and sells in the U.S., mostly under the "Chiquita" trademark. The company's statement said that Black...

Author: /time Magazine | Title: SCANDALS: Energy, Bananas and Israeli Cash | 4/21/1975 | See Source »

Fanne Foxe, Mrs. Annabella Battistella, the other woman in Wilbur Mills' life, was born in a village 175 miles southwest of Buenos Aires, where her Indian-Spanish father, Oswaldo Villagra, was a male nurse and local politician. She was a skinny tomboy who dressed in white overalls cut from her father's old medical uniforms. At 20, Annabella married Eduardo Battistella and eventually followed him around South America, where he played the piano in nightclubs. Finally, their savings depleted, she turned from dancing to striptease. In the early '60s, the couple settled in the U.S. Their parallel...

Author: /time Magazine | Title: The Nation: Fanne: Acting 18 and Feeling 50 | 12/16/1974 | See Source »

When it comes to staging military coups, Honduras' swarthy Army Commander General Oswaldo López Arellano, 53, has had plenty of on-the-job training. In 1963 he overthrew the liberal government of Dr. Ramón Villeda Morales in order to end what the general described as "flagrant violations of the constitution." López's eight-year rule was notable mostly for the four-day "football war" with its neighbor El Salvador in 1969, a skirmish that started after Honduras claimed that its honor had been insulted during a soccer game between the two countries...

Author: /time Magazine | Title: The World: The Football Warrior Returns | 12/18/1972 | See Source »

...reconciling many Brazilian students with their government, despite its dictatorial tendencies. For one thing, both sides now have a common purpose that rises above political passions. For another, the participants gain immense self-confidence, plus a knowledge of their country that few could acquire on their own. Sums up Oswaldo Deleuze Raymundo, a young Rondónist from Rio de Janeiro: "The young are proving that they want a dialogue to resolve the problems of Brazil. Dedicated students do not have time for street demonstrations...

Author: /time Magazine | Title: Education Abroad: Better Than Riots | 3/21/1969 | See Source »

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