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Over the past three years, Masselli was the target of FBI agents, wiretappers, stakeouts, prosecutors and federal grand juries. These investigations produced reports of an alleged $5,000 payoff to New York City Democratic Congressman Mario Biaggi. The money was said to have come from a paving contractor who was seeking dumping privileges at a city landfill. Biaggi denied any such deal, saying: "It didn't happen." Similarly, Masselli is alleged to have sought the help of Carmine De Sapio, 73, a former New York City Democratic leader, in leasing a dump site from the New York State Metropolitan...

Author: /time Magazine | Title: Labor Troubles | 12/28/1981 | See Source »

...financial position. The firm's stock rose from 41⅜ to 49¼ on the day after the announcement. Sales of the TriStar accounted for only about 18% of Lockheed's $5.4 billion in revenues last year. The company is the sixth largest American defense contractor and its most profitable products are missiles and space and electronic equipment followed by military air transports and reconnaissance jets...

Author: /time Magazine | Title: Catch a Falling TriStar | 12/21/1981 | See Source »

...spite of his seeming amiability, Sadat was not a gregarious man and had few intimate friends. One of them, wealthy Egyptian Contractor Osman Ahmed Osman, recalls that Sadat would remain with him "for two or three hours without saying a word, just chewing his pipe and thinking." A favorite Sadat pastime was a contemplative afternoon walk along the Nile near one of his ten residences...

Author: /time Magazine | Title: Sadat: He Changed the Tide of History | 10/19/1981 | See Source »

...million people has aggressively bought everything from a West German steel mill to a South Carolina resort community. Last week Kuwait struck its biggest, and potentially most controversial, deal yet: a $2.5 billion takeover of the Santa Fe International Corp., of Alhambra, Calif., a leading oil-drilling contractor (1980 revenues: $1.2 billion...

Author: /time Magazine | Title: Forming Kuwait Oil Inc. | 10/19/1981 | See Source »

Insults are not dead in Brevard County, Fla. I just heard a Government contractor "roast" a departing Air Force major with: "Working with the major has been like playing leapfrog with a unicorn...

Author: /time Magazine | Title: Letters: Sep. 21, 1981 | 9/21/1981 | See Source »

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