What type of details about pedro tinoco can be gathered from the following bio? Bio: pedro tinoco -lrb- c. 1928 -- 1993 -rrb- was a venezuelan businessman and politician . tinoco was minister of finance from 1969 to 1972 , under president rafael caldera . he was then chairman of the board of banco latino from 1975 , and one of carlos andres perez 's '' twelve apostles '' . he resigned in 1989 to take on the presidency of the central bank of venezuela . under tinoco 's chairmanship of the central bank , interest rates were liberalised with little effective banking supervision , and banco latino , which in 1988 was the central bank 's largest debtor , went from the country 's fifth-largest to second-largest bank . banco latino was the first bank to fail in the venezuelan banking crisis of 1994 . he was a candidate in the venezuelan presidential election , 1973 , in which he was one of four candidates claiming the backing of marcos perez jimenez ; he won less than 1 % of the vote . pedro tinoco was also a professor of public finance and political economy at universidad central de venezuela . tinoco was the son of the pedro tinoco smith who was minister of interior -lrb- 1931-5 -rrb- in the government of juan vicente gomez . tinoco sr created the law firm escritorio tinoco in 1914 ; tinoco jr would later take over the firm and along with his partners make it '' a powerful player in the venezuelan legal market '' .
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