posted on Nov, 9 2014 @ 08:12 PM
Howard Hughes early domination of space communications in 1964 is often overlooked. Hughes Aircraft at this time was a wholly owned subsidiary of the
Howard Hughes Medical Institute - a tax-exempt organization - thanks to the Nixon loan!
The institute was initially located in Miami, Florida in 1953. Hughes's internist, Dr. Verne Mason, who treated Hughes after his 1946 plane
crash, was chairman of the institute's medical advisory committee. Source Wiki page on HHMI
On May 3 1964 Howard Hughes sold his 6,584,937 shares (a 78% stake) in TWA and received the biggest check ever drafted ... $546,549,771 (roughly $4.2
billion in today's money). Source "Just About Everybody vs. Howard Hughes"
David Tinnin 1973, page 356.
In 1964-1972 Hughes is dominating everything he sets his mind to.
In January of 1973, just one day after Richard Nixon celebrated his 60th birthday, the Supreme Court of the United States handed down the final
opinion on TWA's epic 15 year case against ToolCo and Howard Hughes. TWA was suing Hughes for $170 million dollars. This was a damage suit
orchestrated by TWA executives and outside lenders to force payment from Hughes for anti-trust violations alleged to Howard Hughes and ToolCo in their
activities with jet financing for TWA in the late 1950's. Any guess as to how that turned out?
Howard wins. After his lawyers were beaten in courtroom after courtroom, appealing the case and then losing the appeals for the case, year after year,
going on 15 years... Howard wins. He never appeared in court a single time because nobody could find him. Howard wins. The court ordered to him appear
or default, so he defaulted. Howard still wins.
Howard wins for the simple fact that he was operating by casino rules where the house always wins!
Viva Las Vegas!