Word: ince
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Dates: during 1970-1979
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...files for every citizen. State and local agencies maintain at least as many records, while private organizations store three times the federal total. The nation's largest credit bureau, TRW Credit Data of Anaheim, Calif, keeps records on 55 million people. The biggest private investigator, Atlanta-based Equifax, Inc has files on some 60 million people and annually churns out about 30 million background checks- consisting mostly of details on people's health, work his tory and life-styles ("Does he drink a lot?")- for its clients, chiefly insurers employers and loan companies...
INSURANCE PROBES. These provide an almost inexhaustible supply of horror stories. Denver District Attorney Dale Tooley discovered that 55 insurance companies used Factual Service Bureau Inc. of Chicago, whose gumshoes impersonated clergymen and doctors. This enabled them to winnow information from hospitals, the FBI, the Veterans Administration, the Social Security Administration and the IRS. Because of Tooley's probe, 20 individuals and companies -including Factual Service, Home In demnity Co. of New York, Northwestern National Insurance Co. of Milwaukee and Reliance Insurance Co. of Ohio -are being prosecuted for theft...
...Dispatch, was refused auto insurance by Fireman's Fund Insurance Co. of San Francisco because of phony information obtained from an elderly neighbor, who was mad at Millstone because he put up antiwar demonstrators at his home. The neighbot falsely told an investigator for O'Hanlon Reports Inc. of New York that the editor was a long-haired, bearded hippie who let his children run wild, had been evicted from three previous residences and was suspected of using drugs. Because the investigating agency made no attempt to double-check, Millstone won a landmark court judgment...
...stocky fellow with curly red hair, Beltrante, 49, runs Investigations, Inc., his own twelve-person detective agency, out of Alexandria, Va. He is just as proud of the autographed pictures of George McGovern and Gerald Ford on the wall as he is of the electronic tools of his sometimes esoteric trade. It was he who debugged the Democratic National Committee headquarters in the Watergate after the White House plumbers were caught wiring the place. And four years later, Ford's election committee hired Beltrante to screen applicants for key strategy posts...
...legal probes were not giving Bluhdorn enough headaches, G & W, which has several operating companies, ranging from Paramount Pictures in Hollywood to New Jersey Zinc Inc., has a heartache with its earnings. While operating revenues for the first three quarters of fiscal year 1977 are up 7.2%, net income is down 11 % because of depressed prices for sugar and paper, two big G&W divisions. The company's enormous long-term debt of $1.1 billion must be serviced, at high cost. A sizable investment portfolio that includes stakes in such companies as Simmons (mattresses), Wurlitzer (juke boxes), Amfac (sugar...