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Operation Matterhorn was a military operation of the United States Army Air Forces in World War II for strategic bombing by Boeing B-29 Superfortress bombers based in India, Ceylon, and China.
The first asset to be sold off was the airline's 50% interest in Falcon Jet Corporation in August. Later in November, Pan Am sold the Pan Am Building to the Metropolitan Life Insurance Company for $400 million (equivalent to $1.24 billion in 2023). In September 1981, Pan Am sold off its InterContinental hotel chain.
In the third and the biggest Philippine Ponzi scam (involving $150 million and $250 million, respectively), criminal charges, based on a suit filed by 21,000 complainants, were filed in June 2008, with the Department of Justice, against Performance Investments Products Corp (PIPC) officers and incorporators for violation of the Securities ...
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