Word: carbo
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Dominating the proceedings from offstage was Racketeer Frankie Carbo, 56, known to business colleagues as "The Uncle," "The Southern Salesman," "Mr. Grey" and (in his younger, hungrier days) "Jimmy the Wop." Once convicted of manslaughter and five times arrested on suspicion of murder, Carbo is currently serving a two-year sentence for illegally operating as a boxing manager and matchmaker. In Carbo's absence, his pervasive influence over the boxing world was detailed by a man who should know: Truman K. Gibson Jr., 48, Negro ex-secretary of the now defunct ring monopoly, the International Boxing Club...
...shadowy underworld of boxing, the wise guys knew that the man to see when a fight was to be fixed-or even scheduled-was a thug named Frankie Carbo, a flat-eyed hood with a shock of silvery hair. Nobody called him "Frankie." They called him "Mr. Grey." But when the law went looking for him, nobody could remember a thing about him -where he lived, what he looked like, or even when he had last been seen...
...trial had barely begun when Carbo startled the courtroom by throwing in the towel. He admitted that he was the undercover manager for Welterweight Pug Jim Peters in one fight, and that he had been the real power behind the stable ostensibly managed by Hymie ("The Mink") Wallman (Heavyweight Alex Miteff, Featherweight Ike Chestnut). More damning yet was Carbo's admission that he had been the behind-the-scenes matchmaker for the welterweight title elimination fight in March 1958 between Virgil Akins and Isaac Logart...
...California state athletic commission (TIME, June 15), during which L.A. Fight Promoter Jackie Leonard testified that Palermo had demanded a piece of the earnings of Welterweight Don Jordan shortly before he became champion in December. Leonard said that Palermo's demands were later backed up by Carbo himself, added that he began getting phone calls threatening bodily harm ("It'll be with a pipe wrapped in a paper sack"). But Manager Don Nesseth, 33, had flatly refused to knuckle under, and, according to the indictment, Leonard had handed over only $1,725. After the hearings, Leonard landed...
Boxing's No. 1 hood is natty Frankie ("Mr. Grey") Carbo, 55, among whose brushes with the law is a conviction for manslaughter. Boxing's leading intellectual is a suave, light-skinned Negro lawyer named Truman K. Gibson Jr., 47, who had remained unsullied by the fight game's messier side while supplying the brainpower for Jim Norris' monopolistic International Boxing Club (dissolved by a U.S. Supreme Court decision in January). Last week, a federal grand jury in Los Angeles handed down an indictment that lumped together Gibson and Carbo, plus a dull-eyed Philadelphia thug...