Warren Buffett’s Biggest Bet | The Salad Oil King | 1
Business Movers
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The Story of Tino De Angeles
Tino de angeles bought a run down petroleum storage center in bayon new jersey and slowly converted it into a vegetable oil refinery. Tino's entrance into the salad oil business arly registered with his would be competitors in the midwest. Many industry insiders believed tino was working with the mafia. Later in life, tino vehemently deny that he had dealings with mafia or any other underworld organization. But at the time, he did little to quell the gossip. He believed a perceived connection to the mob could only help him. Soon tino would secure millions of dollars in mons corner the vegetable oilo and lead american express head first into one of the largest financial scandals is
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