Word: costelloism
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Dates: during 1940-1949
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...partners bedded down happily with Huey's heirs and remained in business. It was an ideal arrangement for Frank Costello, who had put up only $15,000; he stayed in New York City and just let the money roll in. One year, they grossed $1,297,580. The Louisiana venture was still an ideal arrangement last week even though slot machines are illegal in Louisiana and Reform Mayor Chep Morrison had chased them out of New Orleans...
Dandy Phil, who lives in a brick mansion in the city, devoted himself to managing the lush dining room and the gaming tables of the white colonial Beverly Club, a Costello enterprise which had risen in 1945 in wide-open suburban Jefferson Parish...
...Schedule." With his business embarrassments thus detached and distant from his home town, Frank Costello lived as openly as his more respectable neighbors along apartment-lined Central Park. He followed an almost unvarying routine ("I go places so regular they call me Mr. Schedule...
...professed to be a happy burgher and well content with his lot. But at other times he seemed like a restless man. He said: "We all got just a certain number of hours to live ... I don't understand why people waste time." Frank Costello, who had once lusted for wealth, lusted for respectability. He was steadily thwarted. He had lived by stealth and secrecy, had avoided newsmen like the plague, but his power and influence had brought him torrents of publicity...
...storm broke on him just before a municipal election in August 1943. District Attorney Hogan, who had tapped Costello's telephone, reported the conversation which had ensued when one Thomas Aurelio called Costello the morning after Aurelio had been nominated for New York's supreme court...