Word: flooded
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Dates: during 1970-1979
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There are other signs of ineptitude as well. Quite apart from Marston's probe in Philadelphia, Justice investigators in Washington became aware late last year that Eilberg and his fellow Pennsylvania Democrat Daniel J. Flood were both candidates for investigation. Following a federal bribery conviction, a former Flood aide named Stephen Elko arrived at the department offering to tell tales?in exchange for immunity from further prosecution?that implicated Flood and Eilberg. Yet by all accounts, this information did not travel up the department hierarchy in time to warn Bell and Carter away from the urgings of Eilberg, whose telephone...
Justice officials, TIME has learned, now regard it as certain that Flood will be indicted. Says one Government investigator: "We have 175 possible cases." According to Elko, the mustachioed Congressman who represents blue-collar Wilkes-Barre was Congress's most successful "muscler," an official who used his considerable influence to direct federal contracts to people and companies that said "thank you" in cash. Other Congressmen and many friends of Flood's will probably be touched by the investigation, which is already becoming known as "Floodgate." The House ethics committee is expected this week to name a special counsel and staff...
...Ties between Flood and Pennsylvania Rackets Boss Russell Bufalino. The suspected link: the Wilkes-Barre firm of Medico Industries, controlled by President Philip Medico and his brothers. The FBI discovered more than a decade ago that Flood steered Government business to the Medicos and traveled often on their company jet. Investigators say Bufalino frequently visited the Medico offices; agents tape-recorded Bufalino's description of Philip as a capo (chief) in his Mafia family. Elko's testimony has sparked new investigative interest in the Flood-Medico-Bufalino triangle...
...Payments from the Airlie Foundation, a Virginia research organization and conference center. Investigators suspect that Flood received approximately $59,000 from the foundation and its director, Dr. Murdock Head, while Elko and former Louisiana Representative Otto Passman shared an additional $28,000. Between 1971 and 1977 Airlie got contracts worth more than $18 million from the State Department's Agency for International Development for educational films and other projects. Passman, Flood and Head deny any improprieties. Yet Elko's story is filled with specifics. TIME has learned that he claims Head asked him to invite Passman to dinner...
...Assistance to a bank in which Flood owned stock. A Mountain Top, Pa., real estate development called Crestwood Hills ran into financial difficulties in 1974: then it became part of a Luzerne County housing project subsidized by the U.S. Department of Housing and Urban Development and was able to make some of its payments on a $3 million mortgage issued by the First Valley Bank, in which Flood owns stock. Investigators are exploring a possible conflict of interest in Flood's dealings with...