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Mike Berger's avatar

Budd....War surplus story.

Back in the early 60's I was flying A4's our of El Toro CA. My squadron buddy lived above a garage in Newport Beach. Across the alley the houses were on the water and across from his garage lived Paul Matz and his wife. When visiting with my buddy we met up with Paul and were invited into his house. We proceeded to his bar and Paul started tell us stories about his various exploits. Among them was how he got his big start in business. After the war he was looking at surplus airplanes in AZ and when looking at the B-17's he noticed they were full of fuel. He bid on a group of 17's using the value of the fuel as his price and was awarded the lot. He drained all the fuel, got his investment money back then parted out the engines, wheels, tires, etc., making huge profit. That was the first of a number of visits and related stories by him.....always accompanied with high dollar scotch whisky.

mb

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ROBERT CRINGELY's avatar

Around 1962 my Dad flew home a P-51K he'd bought somewhere for $4000. He was later thrilled to sell it for $6000, which he reinvested in an FG-1D Corsair that eventually left, too, for something over $12,000 that he invested in a PAIR of Beech Staggerwings. Those were the days.

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