Word: onassisism
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One day last week Sir Winston Churchill, as he often does on his Riviera holidays, lunched with Aristotle Onassis aboard Onassis' yacht Christina in Monte Carlo harbor. Sir Winston ate and drank as heartily as ever. When he reported feeling ill that afternoon, the physician who usually treats him...
TANKER CUTBACKS are hitting U.S. shipyards because oil-import curbs have slashed ship charter prices. At Newport News, Bethlehem and Sun yards, $130 million in ships ordered by independent Greek contractors (Onassis, Livanos, Goulandris) has been canceled.
STAVROS NIARCHOS won his Monte Carlo legal battle against his brother-in-law and Fellow Shipping Tycoon Aristotle Onassis. French arbitrator upheld Niarchos' claim that he was a partner with Onassis in buying control of famed Monte Carlo gambling casino's stock in 1953. Niarchos, claiming he gave...
NEW TRANSATLANTIC AIR service is planned by Greek Shipowner Aristotle Socrates Onassis, who will pay an estimated $2,500,000 for a 20-year concession to run Greece's ailing airline, T.A.E. (TIME, Aug. 6). Onassis' deal with the Greek government stipulates that T.A.E. start serving South Africa...
As a result of the investigation, Casey was indicted, but he later won immunity from prosecution by testifying before a grand jury. In 1953 the Justice Department also started moving against Niarchos, Onassis and other independents. In civil actions against nine of his companies, Niarchos was accused of misrepresenting them...