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 : Businessmen - CEO's - Executives


Businessmen - CEO's - Executives

1974 - Onassis begins to sell his business empire: After the fatal plane-crash of his son Alexander last year, Onassis neglected his business in a way, that the former finance and business genius, stumbled into the red for the first time in 1973. After it leaked out that Onassis would be ready to sell, several applicants for the acquisition of his shaking empire turned up. Among them foreign airlines who are particularly interested in the Olympic Airways Company'. Also two Greek shipowners applied for a government loan for the purchase of the airline.Whilst Greek State security officials are still investigating the political integrity of the shipowner Latzis, of him is known, that he used to be good friends with brigadier Ieannidis, who is the strong man of the Gizikis regime these days. Moreover Latzis is considered to be a very clever business man. A couple of years ago he made an agreement with Libya, providing the processing the Libyan oil in Greece, Crucial point of the agreement. Supplying the 6th. American fleet with Libyan oi. After this double coup, Latzis established the most advanced oil refinery of Greece near Korinthes. With state subsidy of course. Also Latzis supplied the 6th American fleet with oil during the Arabic and specifically Libyan oil embarge against the U.S.A. Well informed sources reckon that Latzis will become the new boss of the Greek civil air fleet. Onassis did his first step to sell his business empirel the new 72 years old Croesus intends to settle down in Menace after his hustling life

Picture No
13289415
Media ID
47073061
Size
3894px x 5207px (948KB)
Credit
(c) Keystone Pictures USA/ZUMAPRESS.com/Mary Evans
Usage Restrictions
Editorial Use Only - No Property or Model Releases. For any non-editorial use, please contact Mary Evans direct
Source
Keystone Pictures USA

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Acquisition Advanced Agreement Airlines Applicants Arabic Begins Boss Brigadier Clever Considered Coup Croesus Crucial Established Fatal Genius Gizikis Hustling Informed Integrity Intends Interested Investigating Leaked Libyan Loan Menace Moreover Neglected Onassis Particularly Processing Providing Purchase Reckon Refinery Regime Sell Settle Shipowner Shipowners Sources Specifically Stumbled Subsidy Supplied Supplying U.s.a


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