The King of Oil: The Secret Lives of Marc Rich
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Guevara, Ernesto “Che,” 45–46
Gulf of Aqaba, 54, 65–66
Gulf Oil, 55–57, 101, 183–85
Gulf War, 155
Hachuel, Jacques, 75–76, 81, 83, 100, 175
Hackel, Alexander “Alec,” 75–76, 83, 113, 115, 191, 229
Harkin, Tom, 250
Hart, Hugh, 188
Harvard Business School, 85
Heartfield, John, 19
Hefner, Hugh, 108
Hemingway, Ernest, 23–24
“High-trust” societies, 87
Hill, Ken, 5, 10, 67, 154–57, 160, 164–65, 230
Hitler, Adolf, 26, 29, 50, 214
Hoffmann-La Roche, 235
Holder, Eric, 255–57
Holocaust, 12–13, 28–29
House Committee on Government Operations, 133, 164, 165–66
House Committee on Government Reform, 2, 16, 17, 137–38, 165–66, 177–78, 250–51, 255–57
Hull, Cordell, 31
Hunt for Marc Rich, 151–66
Hussein, Saddam, 231–32, 265
Ibárruri Gómez, Dolores, 23–24
IMF (International Monetary Fund), 186–87
Immigrant mentality, 18
Indonesia, 54
Indictment of Marc Rich, 8, 116–17
Industrial espionage, 78–79
Internal Revenue Service (IRS), 106–7, 122–23, 124
International Monetary Fund (IMF), 186–87
International Mutual Assistance in Criminal Matters (IMAC), 126–27, 284n
Interpol, 152, 159, 161, 162
Red Notice, 133–34
Iran, 90–102, 195
hostage crisis (1979), 95–97, 99, 116–17
Khomeini’s return, 93–95
Monsieur Ndolo and, 182–83
nationalization of oil fields, 57–58
oil shock of 1979, 97–102
Rich as informal mediator between Israel and, 207–8
secret oil pipeline, 64–70, 72–74, 79–80, 207–8
trade embargo, 8, 54, 96–97, 116–17, 137, 141
Yom Kippur War, 70–72
Iran-Contra affair, 141, 170
Iranian Consortium, 101, 282n
Iran Revolution, 90–97, 190–91
Iraq, 54, 57–58, 231–32
Iraq War, 265
IRS (Internal Revenue Service), 106–7, 122–23, 124
Isikoff, Michael, 241–42
Islamic (Iran) Revolution, 90–97, 190–91
Islamist fundamentalism, 270–71
Israel
assistance to Mossad by Marc Rich, 203–8, 259
daughter Gabrielle’s grave in, 212–13
Iran Revolution and, 92–94, 102–4
Palestinians and, 94, 247–49, 259, 270
reconciliation between Egypt and, 198–200
Rich as informal mediator between Iran and, 207–8
secret oil pipeline, 64–70, 79–80, 207–8
Six-Day War, 54, 65, 198
Spain and Franco and, 50
terrorist attack (1985), 197–98
Yom Kippur War, 71–72
Italy, 70, 86–87
Jaffe, Amy Myers, 104
Jagger, Mick, 7
Jamaica, 162, 181, 185–89, 194
James Baker Institute, 104
Japan, 87
Jesselson, Ludwig, 40, 48, 63, 71–74, 76
Jewish Diaspora, 39–40
John Templeton Foundation, 275
Jones, Geoffrey, 85
Jordan, 54, 248
Juan Carlos I of Spain, 246
Justice Department, U.S., 106–24, 128, 135–36, 151–59, 167–73, 200–201, 244–45
Kansas City, Missouri, 33–34
Kekst, Gershon, 244
Kennedy, Edward, 250
Kennedy, John F., 11
Khomeini, Ruhollah Musavi, 93–104
business dealings with Marc Rich, 98–102
Iran hostage crisis and, 95–97, 99
return to Iran, 93–95
Khuzestan, 91
Kickbacks, 16, 177–78
Kissinger, Henry A., 111
Kopp-Iklé, Elisabeth, 148–49, 212
Korean War, 35, 37, 43
Korngold, Eric “Maxie,” 34–35
Kristallnacht, 26
Kroll, Inc., 158
Kuwait, 54, 57–58, 104
Laingen, Bruce, 95–96
Landes, David S., 27
Lang, Josef, 162–63
Lebanon, 160, 247, 270
Lebedkin, Max, 221–22
Le Corbusier (Charles-Édouard Jeanneret-Gris), 10
Lehman Brothers, 175
Leutert, Jürg, 125–27, 130–33
Levi, Michael, 142
Lewinsky, Monica, 251, 258
Libby, I. Lewis “Scooter,” 135, 137–38
Liberalization, 267
Libya, 17, 54, 58, 72
Limits to Growth (Club of Rome), 14
Little Caesar (movie), 122
Lodish, Alvin D., 130
London Metal Exchange (LME), 226–27, 230–31
Long-term vs. short-term thinking, 175–76
“Low-trust” societies, 86–87
Loyalty, 78, 87
Lucas, George, 111
Lynch, Gerard E., 170–71
McCarthy, Joseph, 108
MacDonald, J. Ross, 131
Machain, Humberto Álvarez, 153
Madrid, Spain, 48–51
Maier, Harold G., 131
Mallory, George, 236–37
Mandela, Nelson, 196
Manganese, 44, 47, 60, 191
Manley, Michael, 185–87
Mao Tse-tung (Mao Zedong), 43
Marbella, Spain, 48, 133
Marc Rich + Co. AG, 14–15, 75–91, 223
business with Ayatollah Khomeini, 98–102
the case against Marc Rich and, 106–24
defections from, 228–29
as defense contractor, 86
departure of Marc Rich, 232–35
founding of, 75–79
invention of spot market, 83–86
Israel oil pipeline, 63–70, 79–80
operating philosophy of, 82–83
as pioneer of globalization, 89–91
risk level and, 82–83
secrets of success, 174–96
Swiss secrecy, 76–78, 98, 112–13, 127
trust and, 86–88
vendetta against Philipp Brothers and, 78–79
zinc market, 225–27
Marc Rich + Co. Investment AG, 236
Marc Rich Foundation, 248–50
Marc Rich International, 106–7, 112–13, 116–17, 119–24
Mariam, Mengistu Haile, 204–5
Marseille, France, 29–30
Marshals Service, U.S., 32, 141, 149–66, 229–30
Marx, Karl, 14
Mattei, Enrico, 278n, 280n
Maugeri, Leonardo, 277n
Media relations of Marc Rich, 139–41, 230–32
Mehrabad International Airport, 93
Meir, Golda, 64–65
Melekh, Igor, 108
Melrose Bag & Burlap Company, 35
Mercury, 42–45, 49–50
Metallgesellschaft AG, 226–27
Metal Men (Copetas), 8, 47, 104, 177
Metals trade, 38–39
Metal Traders of the World, 11
Microsoft, 14
Mikulski, Barbara, 250
Milgrim, Thomajan & Lee, 113–14
Mina, Parviz, 67–68, 79–80, 92
Minas de Almadén y Arrayanes, 43, 49–50
Minoil, 191–92
Mobil, 55–57, 58, 101
Monviso, 30, 47
Morgan Stanley, 175
Morocco, 30–31
Moses, 64
Mossad, 5, 65, 104, 160, 203–8, 259
Mossadegh, Mohammad, 67, 96, 280n
MPLA (Popular Movement for the Liberation of Angola), 183–85
Mubarak, Hosni, 198, 200
<
br /> Muslim Students of the Imam Khomeini Line, 95–96
My Life (Clinton), 11
Namibia, 181
Nasser, Abdel, 43, 54, 65
National Iranian Oil Company (NIOC), 65–67, 79–80, 92, 98–102, 117, 145, 177, 190, 207–8
Nationalizations of oil industry, 57–58
National Review, 242
“Ndolo, Monsieur,” 181–83
Neale, Alan, 131–32
Ness, Eliot, 138
Neue Zürcher Zeitung, 128
Newsweek, 241–42
New York Department of Taxation and Finance, 260–61
New York Times, 8, 124, 242, 257
New York University, 36
Nicaragua, 141, 179
Nigeria, 16, 100, 101–2, 177, 196
Nigerian National Petroleum Corporation (NNPC), 100
9/11 Commission, 203
NIOC (National Iranian Oil Company), 65–67, 79–80, 92, 98–102, 117, 145, 177, 190, 207–8
Nixon, Richard, 57, 72, 117, 122, 145–46, 199
Nolan, Beth, 240–41, 255–57
North Korea, 35
Nuclear energy, 265
Nuremberg Laws, 25–26
Obama, Barack, 266
Obermaier, Otto G., 168–71
October Revolution (1917), 61
Oil nationalizations, 57–58
Oil price per barrel
Marc Rich on future, 264–65, 270–71
38.5 to 55.1, 81
2.00, 14
2.50 to 3.00, 56–57
5.00, 71
8.00, 192
10.75 to 13.39, 95
11.60, 73
13.34, 95
28.00, 95
38.00 to 50.00, 97–98
Oil trade (trading), 53–74, 79–86, 174–75
embargo, 54–55, 81, 99–101, 117
globalization of, 89–91
Marc Rich on future of, 264–65, 270–71
nationalizations and, 57–58
price controls, 117–20
secret pipeline in Israel, 64–70, 79–80
Seven Sisters oligopoly and, 55–57
shock of 1974, 81–82, 86
shock of 1979, 97–102
spot market, 1–2, 13–14, 56, 70, 71–73, 82, 83–86, 101–2
Oil transport, 59–61, 69, 84–85, 189–90
Oligopoly, 56, 84–85
Olmert, Ehud, 11, 246
OPEC (Organization of the Petroleum Exporting Countries), 57–58, 67, 70–71, 72
oil price per barrel, 95, 97–98
Operation Magic Carpet, 205–6
Operation Moses, 204
Ortega, Daniel, 179
Oslo Accords, 247–49
Otford Project, 154
Outsider status of Marc Rich, 32–33
Pahlavi, Ashraf, Princess, 217
Pahlavi, Mohammad Reza (Shah of Iran), 64–67, 90–91, 92, 94, 96, 102–3, 190–91
Palestine Liberation Organization (PLO), 50
Palestinians, 94, 247–49, 259, 270
“Paradox of plenty,” 15
Paribas, 80
“Peak oil,” 14, 278n
Peres, Shimon, 103–4, 247–50, 258–59
Perkins, Richard, 100–101
Permissible average markup (PAM), 118–19
Persian Gulf, 54–55
Petty Gem Shop, 34
Philanthropy of Marc Rich, 237–38, 270
Philip IV of France, 39
Philipp, Julius, 38
Philipp, Oscar, 38
Philipp Brothers, 36–51
apprenticeship at, 37–38, 40–41
creating a market, 42–43
Cuba assignment, 45–47
departure of Marc Rich and Pinky Green, 73–74
Madrid assignment, 48–51
oil trade, 53–54, 55, 58–59, 63–64, 71–72, 73
sensitive assignments, 44–45
vendetta against, 78–79
Playboy, 108, 241
PLO (Palestine Liberation Organization), 50
Pogroms, 39
Poland, 25, 26
Popular Movement for the Liberation of Angola (MPLA), 183–85
Prestige, 231
Price per barrel
Marc Rich on future, 264–65, 270–71
38.5 to 55.1, 81
2.00, 14
2.50 to 3.00, 56–57
5.00, 71
8.00, 192
10.75 to 13.39, 95
11.60, 73
13.34, 95
28.00, 95
38.00 to 50.00, 97–98
Princeton University, 106
Private life of the Riches, 209–24
Przemyl, Poland, 26
Publicity and Marc Rich, 139–41, 230–32
Pyrite, 46–47
Qaddafi, Muammar, 17
Querub, Isaac, 14, 42, 194, 211
Quinn, Jack, 5
Clinton pardon and, 239–41, 243–46, 249, 251–52, 254, 255–56, 258–59
flaws in Marc Rich Case, 135–39, 142
negotiations about Marc Rich case, 170–71
Quirós, Antonio, 48–49
Qurei, Ahmed, 248
Rabin, Yitzhak, 103, 204–5, 208, 249
Racketeer Influenced and Corrupt Organizations (RICO), 110, 122–23, 135–36, 139–40
Rand, Ayn, 180–81
Ras Burqa attack, 197–200
“Rational egoism,” 180
Ratliff, David, 107
Ravenswood Aluminum Corporation, 230–31
Reagan, Ronald, 118, 141, 158
Realpolitik, 203–8
Regulations, 118–19, 267
Reichmuth, Karl, 18
Religious fundamentalism, 270–71
Renationalization, 268
Renewable energy, 264–65
“Resource curse,” 15, 279n
Rezai, Ali, 67–68, 79–80, 92
Rhodes Preparatory School, 36
Rich, Danielle (daughter), 4–5, 21, 209–12, 215, 220, 237
Rich, David (father), 25–36, 76, 212–13, 217
Rich, Denise Eisenberg (ex-wife), 5, 209–24
blind date with Marc Rich, 213–15
Clinton pardon and, 250–54, 258