Word: tycoons
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Dates: during 1960-1969
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...Florida, got caught by the softening market; he has been accused by the New York State attorney general of juggling his funds to keep his syndicates going, was barred from selling securities in New York. The troubles of the syndicators have caused crises for such as Manhattan Real Estate Tycoon William Zeckendorf, who finds it harder to peddle real estate to them when he needs cash; last week he announced that he will resort to public auction to sell off some of his New York properties...
Glamorous Maria Callas, 39-long the favorite diva of Greek Shipping Tycoon Aristotle Onassis-stepped onstage at Berlin's Deutsche Oper, and her audience succumbed to love at first sight. Not so German critics, who ungallantly complained about the sound. "The passion has disappeared," said Die Welt's man on the aisle. "One gets the impression she has bidden farewell to art." Groaned another...
From his circular penthouse office on Madison Avenue, Manhattan Real Estate Tycoon William Zeckendorf frequently sallies out on a limb, leaving all his competitors and creditors agape with suspense. For years, people have been expecting Zeckendorf to take a tumble, though he has always managed to regain his balance. Recently, though, Zeckendorf's balancing act has been getting more and more precarious. Last week the Alleghany Corp, complained that Zeckendorf's Webb & Knapp, Inc, had failed to pay it $570,000 in back rent on some Denver properties, and rotund Bill Zeckendorf, 57, admitted that his $400 million...
HIGH FINANCE One is a former junkman who began entrepreneuring at 16 by buying a deserted jail and selling its steel bars at a profit. Another is a courtly Southern tycoon who lives in a mansion in Yemassee, S.C. The third man once conducted his family business, the nation's biggest maker of toothpaste tubes, from a floating desk in the pool of his Greenwich, Conn., home until the pool became too small to contain his world. They make an unlikely trio, but together they have set out to be corporate conquerors in the style of Louis Wolfson...
Most wealthy Latin Americans have so far proved too provincial, too prudent or too suspicious to exploit the new common market trading area set up for them 17 months ago. But there is nothing provincial about Bruno Pagliai, a cosmopolitan tycoon who was reared in Italy, made (and lost) his first million in the U.S. and is now among Mexico's richest men. This week, in the biggest deal yet made within the nine-nation Latin American Free Trade Area, Pagliai, 60, loaded the first part of a $7,000,000 order of steel pipe for the Argentine PASA...