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Fresh out of appeals on his five-year prison sentence (plus a $20,000 fine) for evading $28,532 in 1948-49 income taxes, Manhattan's frog-voiced Gambler Frank Costello, 64, took a legal gamble, croaked an offer to lam for his native Italy, if the federals would take the heat off him. The Government's answer: quit stalling and get off to the penitentiary...

Author: /time Magazine | Title: People, may 7, 1956 | 5/7/1956 | See Source »

...paper also wields its influence behind the scenes, helps make the news it reports. In late 1949 Post editors grew concerned over the rising influence of gangsters in U.S. politics. While Star Reporter Eddie Folliard went to New York to do a series on such "tygoons" as Frank Costello and Joe Adonis, Graham conceived a congressional investigation and began scanning the U.S. Senate to cast a likely Senator in the top role. He needed a man who 1) did not come from a state to which the corrupt trail would lead, and 2) could handle himself...

Author: /time Magazine | Title: The Press: Guest at Breakfast | 4/16/1956 | See Source »

...them how important their work is even in peacetime, and welcomed one of them, retired Admiral John Leslie Hall Jr. (who commanded amphibious landings under General Eisenhower during World War II) as "the old Viking admiral." On another day the President entertained Ireland's John A. (for Aloysius) Costello, who identified himself as a "very unimportant Prime Minister of a very important country," and presented his host with a silver bowl full of shamrocks; in return, he received a framed picture...

Author: /time Magazine | Title: THE PRESIDENCY: Essentials of the Job | 3/26/1956 | See Source »

...return for United Artist assistance, share their profits with the company. Among those who have taken advantage of the United Artist idea: Rita Hayworth, Hecht-Lancaster, Stanley Kramer, Joseph L. Mankiewicz, Robert Mitchum, Otto Preminger, Frank Sinatra, Jane Russell, Orson Welles, Joan Crawford, Kirk Douglas, Errol Flynn, Abbott and Costello, Cary Grant. Reasons for liking the U.A. formula: i) U.A. does not interfere in production, 2) the artist can make a lot of money, 3) because of capital gains, he can keep...

Author: /time Magazine | Title: Cinema: Hollywood Revolution | 3/5/1956 | See Source »

...COSTELLO...

Author: /time Magazine | Title: Letters, Feb. 20, 1956 | 2/20/1956 | See Source »

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