ARGENTINA: Abdication of a Tycoon

If any businessman had the push & pull to make big money in Argentina, it was Alberto Dodero. The youngest and brightest of five sons of an Italian immigrant in Uruguay, he built his father's tidy little shipping business into the biggest merchant fleet in South America, became a flashy free-spending tycoon who dazzled even the free-spending Argentines. Last week, at 62, in one of the most startling moves in a full-blown career, he abdicated as shipping king.

Alberto Dodero laid a course toward the big time when as a young man he moved from Montevideo to Buenos Aires and...

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