Word: ricans
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Dates: during 1970-1979
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Salisbury never pretends that his optimism is more than a matter of faith, but his walk through the lower East Side gives the lie even to that. A neighborhood that he remembers as part of Chinatown has become mostly Puerto Rican, and as Salisbury walks along familiar streets his mind begins to play tricks on him. He imagines that he hears the voices of Puerto Rican youths shouting after him. It begins to rain, and Salisbury thinks to himself, "not likely anyone will come after me in the rain." It is then that he reaches Forsyth Street and his island...
...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...
...happens that $60 million is the most common estimate of how much money Vesco has pumped into the Costa Rican economy, most of it through the purchase of government bonds. Vesco will not say what else he owns; he is reputed to have invested heavily in industry, agriculture and real estate and to own the tallest office building in the capital city of San José, along with various restaurants, a coffee plantation and interests in newspapers and radio-TV stations. He is known to have sunk more than $2 million into a holding company called San Crist...
Vesco, his wife Patricia and his four oldest children plan to become Costa Rican citizens after they fulfill their five-year residence requirement in mid-1977. They figure their chances for acceptance can only be enhanced by the birth of Son Patrick Francisco-an undisputed Costa Rican citizen-last November. Says Vesco: "I am hopeful that some day the politicians will find something else to play around with, and it will all die down. All we want is to be left alone...
...Claiborne Pell (D-R.I.) responded in a December 10, 1975 letter that while he supported the project, State Department approval was unlikely because of "recent Cuban encouragement of Puerto Rican independence and Cuban intervention in Angola...