Word: fonzie
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Dates: during 1967-1967
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...reasons are in the current issue of Philadelphia, one of the glossy, city-centered magazines that are now catching on across the U.S. (TIME, Dec. 24, 1965). Digging just as hard as Karafin, Philadelphia Writers Gaeton Fonzi and Greg Walter began by investigating a racket involving fly-by-night companies that bought retail items on credit, unloaded them fast at discount prices, and then went into bankruptcy. The trail led to the doorstep of a 600-lb. operator named Sylvan Scolnick. Arrested, prosecuted and convicted, Scolnick started singing. Karafin, said Scolnick, was a good friend, so good, in fact, that...
When Karafin got wind that Philadelphia was planning a story on his activities, he filed for an injunction, charging that Fonzi and Walter had illegally obtained his tax returns. Philadelphia fought the suit, and published. Afterwards, a bank dealing in credit paper that had paid Karafin $6,000 a year fired Karafin as its public relations representative. Other businessmen who paid for Karafin's services now say they did so reluctantly. "I don't like to deal with Harry," said one client, "but he can do things for you. It's like castor...