WhaleFR8 - Other than initial ownership / partnership interest, I believe your assessment was reasonably accurate. I remember actually operating a leg of Atlas's next after inaugural flight when with Tower (and a few months later watching Southern's "snail tail" with a Polar call sign operating out of JFK).
In a somewhat joint partnership with GE, Ned Wallace provided the operational / marketing expertise (used from his Tiger days), and his leveraged investment group contributed 49% of the Polar / GE venture. Also, when later employed with Polar at it's old LGB headquarters, Ned had hinted to me that Polar's awarded Japan routes were a gift to him from his old retiring drinking buddies in Washington, along with his old Jap connections from Tigers.
I had believed, however that Tower's Morris Nachtomi, although a former El Al employee, was actually an Iraqi Jew (odd) and not Israeli. . . . in never actually meeting Morris, I may be wrong.
Last edited by L-38; 6th May 2008 at 22:34.