Luis Álvarez Renta appointment as part of his retirement, in order to effect positive change for the country by helping it negotiate a Free Trade Agreement with the European Union. However, after Governor José Lois Malkún of the Central Bank of the Dominican Republic’s announcement that Álvarez Renta was involved in the Baninter debacle, Álvarez Renta resigned the post in order to avoid a dispute between President Mejia and his advisors. In response to the announcement, Álvarez Renta took out full-page advertisements in the press, in which he declared he was innocent of all the charges made by the Central Bank. He also
Loulou de la Falaise and accessories for Saint Laurent, La Falaise launched her own fashion business, designing ready-to-wear, costume jewellery, and accessories, which were retailed in the U.S. as well as two Loulou de La Falaise shops in Paris. She sold simplified versions of her jewellery designs in a line created for the Home Shopping Network and created costume jewellery for Oscar de la Renta. She operated two of her own shops in Paris, one of which was designed by her brother, Alexis. On 6 October 1966, she married Desmond FitzGerald, 29th Knight of Glin (1937-2011), an Irish nobleman. They separated the following year