Word: rican
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...taken pains to win over some of the country's most powerful politicians. According to the SEC, one of the I.O.S. funds, IIT, has made an unsecured loan of $2,150,000 to Sociedad Agricola y Industrial San Cristobal, a firm founded and still partly owned by Costa Rican President José ("Don Pepe") Figueres. Says Figueres: "Vesco's investments here are very secure and creative. I can't understand the fuss." I.O.S.'s Fund of Funds allegedly plowed about $60 million into Interamerican Capital, a Costa Rican investment firm that could well serve...
...Gulf Oil Corp., a big piece of San Jose's Royal Dutch Hotel, the El Molina coffee plantation, and a share of the anti-Figueres newspaper, La Nacion. There even are wild rumors that he has linked up with the ultimate business recluse, Howard Hughes. Until the Costa Rican Congress turned thumbs down, Vesco's attempt to set up an international free zone in the country drew an angry public outcry. The plan called for a financial district that would enact its own laws and regulate all banks and trusts in its area. Critics charged that the zone...
Meanwhile, Vesco goes on establishing himself in Costa Rica. Crateloads of furniture have arrived in San José from I.O.S. offices in France. Vesco has been granted a provisional Costa Rican passport and, according to Figueres, he intends to renounce U.S. citizenship. He has rented a chalet in a wooded area on the outskirts of San José and parks his private plane -a Boeing 707-at the San José airport. Yet for Vesco, the relentlessly ambitious son of a Detroit auto worker, San José, with no stock market and less than a dozen banks, is a pale...
...interesting to note that American education was the great leveler until the majority of city children became black and Puerto Rican. Since the country finds it difficult to accept non-whites as total equals, the purpose of urban education has changed. It is now incumbent on black and Puerto Rican parents to ensure that education gives their children competency in the basic skills...
...being called "Silly Sister" by her Hong Kong movie fans because they thought she had a silly looking face. There was nothing silly about her trip. Along with eleven other American women, whom she had been allowed to hand pick (she chose a representative group including a Puerto Rican, a Navajo Indian, a black civil rights worker, a George Wallace convention delegate and a twelve-year-old girl), Shirley was on her way to China to visit Mme. Sun Yatsen, Teng Yingchao, wife of Chou En-lai and Chiang Ching, wife of Mao Tse-tung. Shirley also hoped to "discuss...