New York was horrible. They had snow
walls piled up between the streets and the
sidewalk. They put holes in the walls like
passages for people disembarking from
cabs to make it onto the sidewalk. She
was on crutches and having a difficult time
getting around. The crutches kept flying
out from under her when she hit a patch
of ice. We decided that New York was
probably not going to be a good idea.
At that point, we went to Washington,
Q: Since you’ve been back, what’s been
D.C., where she was even more
uncomfortable. There was this wet, cold
sleet that just got into her bones. So I said,
“We’re going for a trip.” She said, “Where?”
I said, “You’ll see.” We went to the airport.
We went to the gate for Los Angeles. She
said, “Los Angeles Who wants to go to Los
Angeles? I don’t want to be around people
with their hair up in curlers and wearing
gold lamé pedal pushers. It’s ridiculous.” I
said, “Not everybody is that way.”
I took her to LA: January 1970 and it was
74 degrees. I introduced her to some old
friends of mine. They were very nice people.
After about three or four days, we were
driving down PCH and I stopped. They had
a cliff overlooking the ocean. We sat there
for a few minutes. I said, “Well, do you
think you can stand it?” After a moment,
she said, “Yes, I think I could stand it.”
the brunt of your practice?
A: It changes. In the ’70s, we were doing a
Q: In what way?
huge amount of inbound investment. We
had more Iranian clients than probably
any firm west of Tehran. This is before
the Shah got deposed. Then in December
1980, Congress passed the Foreign
Investment in Real Property Tax Act,
which drastically changed the way foreign
investment and real property was taxed in
the United States.
A: It changed the whole structure and
benefits of taxation. Shortly thereafter,
they terminated the protocol extending
the benefits of the Dutch Tax Treaty
to the Netherlands Antilles because,
through that protocol, you could invest
in the United States. It was a very
attractive structure that we had created
for nonresident aliens who wanted to buy
a pied-à-terre in the United States. That
worked very well until 1980.
LEFT: Golbert, age 6, with brother Toby, 2, in Denver in 1938, with the state
capitol in the background.
ABOVE: As a lieutenant in the U.S. Air Force in 1958. Geneva and the rest
of the world awaited.