Mike Actually the Shah was installed in 1941 to replace his dad, who seemed pro Hitler. Regarding the 1953 coup against Mohammed Mossadeq, the Shah had fled to Rome. Under Kermit Roosevelt CIA initiated a coup—which failed! Then General Zahedi (sp?), separate from CIA, initiated his own coup, CIA claimed credit, and the Shah returned.
Mike Actually the Shah was installed in 1941 to replace his dad, who seemed pro Hitler. Regarding the 1953 coup against Mohammed Mossadeq, the Shah had fled to Rome. Under Kermit Roosevelt CIA initiated a coup—which failed! Then General Zahedi (sp?), separate from CIA, initiated his own coup, CIA claimed credit, and the Shah returned.
Ironically, Dick Helms, the former CIA director, was ambassador in Iran during the 1970s.
I was responsible for sovereign bond ratings at Moody’s in 1975. Iran, with a massive balance of trade surplus after the 1973 oil spike, sought rating of a $1,000,000,000.
I told them if they applied for a long-term bond, I would rate them below investment grade. I wonder why my savvy, as opposed to that of the US government, saved investors a billion $$$.
Mike Actually the Shah was installed in 1941 to replace his dad, who seemed pro Hitler. Regarding the 1953 coup against Mohammed Mossadeq, the Shah had fled to Rome. Under Kermit Roosevelt CIA initiated a coup—which failed! Then General Zahedi (sp?), separate from CIA, initiated his own coup, CIA claimed credit, and the Shah returned.
Ironically, Dick Helms, the former CIA director, was ambassador in Iran during the 1970s.
I was responsible for sovereign bond ratings at Moody’s in 1975. Iran, with a massive balance of trade surplus after the 1973 oil spike, sought rating of a $1,000,000,000.
I told them if they applied for a long-term bond, I would rate them below investment grade. I wonder why my savvy, as opposed to that of the US government, saved investors a billion $$$.
Awesome and detailed reply. Thank you. I have saved it.