Word: debts
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Dates: during 1960-1969
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...exact scenario of the scandal is not yet clear, even in the federal indictment. Investigators say that Marcus was deeply in debt to Loan Shark Corallo. Between January and November 1966, Marcus and Attorney Herbert Itkin, 41, a close friend and business associate, conferred a number of times with Tony Ducks and Bakery Union Official Daniel J. Motto, 57, who has close connections with politicians and the Mafia. These two men apparently advised Marcus to award the "emergency" reservoir-cleaning contract to S. T. Grand, and both served as negotiators with Grand. The kickback-5% of the total contract...
...spending more and saving less. In recent months, uncertainty over inflation, the Viet Nam war and the possibility of a federal tax increase have prompted consumers to salt away an abnormally high 7% of their disposable income savings. They also have been taking extra pains to stay out of debt; installment credit is expected to grow by only $3.5 billion in 1967 v. $6 billion last year. While such thriftiness has hurt sales up to now, it means over the long run, says one Federal Reserve Board economist, that the average consumer is "in a better position to take...
...slapping braggart with the laugh of a hyena and the implacable euphoria of a lobotomy patient, Aubrey woos and wins the Fishers' younger daughter Amy over the vociferous outrage of the rest of the family. Aubrey does everything wrong-lying with grandiloquent transparency, big-spending his way into debt-and as a husband seems to justify every dire prediction of the fuming Mrs. Fisher. Of course, there turns out to be some good in him after...
...This debt we pay to human guile...
...keep current he had already taken out $265,000 in bank loans, plus another $105,000 against his life insurance, and put up for sale several paintings, including Moro's Mary Tudor. Once a federal court ruled last March that Guest alone was responsible for Aerovias' bad debts, it was only a question of time before a federal marshal showed up at the Guests' Long Island estate. In August, he started tagging their paintings and objets d'art. Winston Guest went to court to stave off the indignity of a marshal's sale...