Word: eugenio
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...Dividend" is the brain child of Eugenio Mendoza, 56, Venezuela's leading industrialist and philanthropist, who made a fortune in lumber, paper products, cement and construction (TIME, April 12). When Mendoza first suggested his Dividend idea several years ago, only a few businessmen warmed to it. But enthusiasm grew as far-leftist terrorists stepped up their attacks on business. "You either solve the problems of the masses," Mendoza warned, "or they solve them...
...Britain's two-man bobsled team of TONY NASH and ROBIN DIXON had all kinds of trouble: first, they broke an axle, had to borrow a replacement from Italy's eight-time world champion, Eugenio Monti. Then, zooming down Igls' hairy, ice-coated run at better than 60 m.p.h., the Britons suddenly lost control of their sled, narrowly missed shooting off the course. They still won-giving Britain its first Winter Olympics gold medal since 1952. The generous Monti finished third...
Advancing in Africa. With two close aides who also had been cronies of Mattei-Eugenio Cefis, 42, and Raffaelo Girotti, 45-Boldrini has bargained to buy low-cost crude oil for Italy from both Russia and the U.S.'s Jersey Standard, thus pursuing Mattei's policy of playing off rivals and exploiting a buyers' market. Stretching out in Europe and Africa is the chain of gas stations run by E.N.I.'s sales arm called AGIP, whose symbol is not a dinosaur or a flying horse but a six-legged dog (it was a draftsman...
...whose middle-reading party calls itself the People's Radicals, wound up with 27% of the total, worth 169 electoral votes. Dr. Oscar Alende, leading an anti-Frondizi wing of the ex-President's party, mustered 17% (for 109 electoral votes). Retired Army General Pedro Eugenio Aramburu, provisional President after Perón's downfall, got 15% (for 43 electoral votes...
...wealth is prodigious. He controls 15 companies-ranging from a cement combine to a paper and pulp plant-whose annual sales exceed $100 million, and his personal fortune is estimated to be at least $25 million. But Venezuela's courtly Eugenio Mendoza, 56, is more than his country's leading industrialist; he is also its leading philanthropist. Says he: "We businessmen always talk about the need to make dividends for our shareholders, but we must also create a dividend for the community...