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Strictly speaking, the Société Monétgasque de Banque et de Méttaux Prétcieux, run by swarthy Greek Promoter Constantin Liambey, is only one of 13 banks in Monaco. But it had this advantage over most of the others: some $2,500,000 of Monaco's state funds were deposited in its coffers. In the eight years since he opened his bank, the favor of autocratic Prince Rainier and his top advisers had made johnny-come-lately Liambey one of Monaco's richest...

Author: /time Magazine | Title: MONACO: The Gambling Banker | 7/18/1955 | See Source »

...around the U.S., will build for flying businessmen if there are enough orders. On its American debut the Morane-Saulnier craft flew Ambassador to the U.S. Maurice de Murville from Washington to New York in 35 minutes, setting a civil aviation record In pure research, France's large Société Nationale de Constructions Aéronautiques du Sud-Ouest (S.N.C.A.S.O.) is flying its Trident, a jet-and-rocket-powered interceptor, at supersonic speeds, while the tiny (400 workers) Leduc Co. has built an even more radical fighter with a needlelike plastic cockpit...

Author: /time Magazine | Title: AVIATION: New Wings for France | 7/18/1955 | See Source »

Last week the governor's words were borne out. From the Legion's bottom-pinching, water-throwing "fun" organization, La Société des Quarante Hommes et Huit Chevaux, came some of the most agonized sounds in many a year: the Forty and Eight threatened to walk out on the parent organization...

Author: /time Magazine | Title: ORGANIZATIONS: Kingmakers & Fun Lovers | 7/11/1955 | See Source »

...Five. Most whites work for the big corporations that are responsible for the Congo's boom. The corporations operate hand in glove with the government, through a series of interlocking cartels, of which the biggest (60% of all Congo business) is named, with eloquent simplicity. La Société Générale...

Author: /time Magazine | Title: CONGO: Boom in the Jungle | 5/16/1955 | See Source »

...points in a year. Giant Phillips Electric was up 64%; Royal Dutch Shell was up 53%. In Belgium, prices were at their highest levels since World War II, led by such stocks as Union Minière (mining), up 80% to $945, and the holding company Société Générale...

Author: /time Magazine | Title: BUSINESS ABROAD: Brother Bulls | 1/24/1955 | See Source »

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