Word: bossing
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Dates: during 1970-1979
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...delay: three months for low-level managers, six months for intermediate, almost a year at the top level. By the time an administrator has his own team in place, he may be on the way out himself. Seasoned bureaucrats know how to outwait and outfox a politically appointed boss, no matter how zealous or resolute...
...Ties between Flood and Pennsylvania Rackets Boss Russell Bufalino. The suspected link: the Wilkes-Barre firm of Medico Industries, controlled by President Philip Medico and his brothers. The FBI discovered more than a decade ago that Flood steered Government business to the Medicos and traveled often on their company jet. Investigators say Bufalino frequently visited the Medico offices; agents tape-recorded Bufalino's description of Philip as a capo (chief) in his Mafia family. Elko's testimony has sparked new investigative interest in the Flood-Medico-Bufalino triangle...
...example, he calls Allen "the godfather of Hollywood," and traces his rise in the film industry through a maze of allegedly Mob-infiltrated enterprises. According to Truscott, Charles Allen in 1955 bought a 25% stake in a Bahamian company that controlled a casino that was "manipulated" by Crime Boss Meyer Lansky, and one of Allen's partners in the venture was Wallace Groves, a convicted swindler. Then, aided by funds from his Bahamian operation, Allen formed an alliance with Producer Ray Stark and proceeded to take control of the small Canadian movie and TV producer called Seven Arts. Next, Allen...
...prosecuting Smith Act cases for the Internal Security Division. Of his Communist-hunting days, Hundley is rueful: "I try to skip over that period." In 1967 Hundley left for private practice, gradually building a solid six-figure income in partnership with former Justice Department Colleague Plato Cacheris. Their old boss, onetime Criminal Division Chief Henry Petersen, who was badly tarnished by Watergate, shares office space with them. Says a friend: "They had talked about it before Watergate, and Bill wouldn't go back on his word after Henry was muddied...
...Financial General if it is taken over by BCCI. The Securities and Exchange Commission is still examining Lance's management of the National Bank of Georgia and the Calhoun National Bank; among other things, he and his family ran up large and persistent overdrafts while he was the boss of Calhoun. Lance shrugs off rumors that the SEC is debating whether to bar him at least temporarily from holding a management post with a U.S. bank...