Word: sociedad
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Dates: during 1970-1979
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...best contemporary painters are Spanish: Joan Miró, Salvador Dali, the late Pablo Picasso and the late Juan Gris. Of these, the greatest is Dali. At least those are his opinions, delivered during a speech entitled "Velásquez and I" at the Prado. Madrid's al ta sociedad was on hand-but museum authorities were not-for the vernissage of the only contemporary painting in the famous gallery: Dali's portrait of a lady riding a horse as in a surrealist dream. His subject: Francó's granddaughter Carmencita, Princess Alfonso de Borb...
...potential of becoming a kind of financial Shangri-La for Vesco, and he has 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...
Some $15 million went to Gulf Stream (Bahamas) Ltd., a Vesco company that is trying to buy the Paradise Island gambling complex in the Bahamas from Resorts International. Vesco's IIT fund also lent $2,150,000 to Sociedad Agricola y Industrial San Cristobal, a company that was founded and is still partly owned by Costa Rican President Figueres. Meanwhile Fund of Funds put $60 million into Inter-american Capital, a shell company allegedly controlled by Vesco and formally headed by Alberto Inocente Alvarez, an adviser to Figueres...