Word: jersey
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Dates: during 1970-1979
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...younger days, Gerardo Catena was convicted of eight felonies, ranging from hijacking to bribing a federal juror, but those inconveniences did not slow his steady rise through the Mafia hierarchy. By the late 1960s he was boss of 600 button men in northern New Jersey and heavily involved in gambling and loan-sharking. Thus it was only logical for the state commission of investigation to summon him in 1970 for questioning about organized-crime activities. Granted immunity from prosecution for his answers, Catena still refused to talk, so a superior court sent him to jail. Under civil contempt procedures common...
...aging mobster (now 73) never broke his silence. But last week the New Jersey Supreme Court ordered him freed. The justices concluded that there was "no substantial likelihood" that Catena would ever cooperate with the commission; therefore, he must be released because further imprisonment would amount to unjustified punishment. Lest other Mafiosi rejoice too much, the court limited its decision to his case alone. As a result, three other recalcitrant witnesses remain in the Clinton Reformatory, and the commission can continue to coerce silent mobsters with threats of imprisonment. To get out of jail without talking, they will have...
...that Hoffa may have been murdered to keep him from interfering with kickbacks flowing to underworld brokers of loans from the Central States' pension fund. On the day of his disappearance, Hoffa was scheduled to have lunch with two Mafiosi: Anthony ("Tony Pro") Provenzano, unofficial boss of New Jersey's Teamsters, and Detroit's Anthony ("Tony Jack") Giacalone. Investigators believe that on the agenda was a $3 million loan from the fund that the Mafia was trying to arrange for a "recreation center" in Detroit. On some previous loans from the fund, Mob figures...
...Economist Walter Heller, and "all that will be left behind is human beings-the unemployed who won't find jobs on the gentle slopes of recovery." The threat of renewed inflation is only one reason for this worry. Interest rates are rising, discouraging business borrowing. Last week New Jersey Bell Telephone and Con Edison put off bond offerings totaling $155 million and Manhattan's First National City Bank raised its prime rate on business loans a quarter point, to 7¾%. Also, the stimulus of the $18 billion of 1975 tax cuts and rebates will be largely exhausted...
...even beginning to include some of beer's biggest names. Falstaff Brewing of St. Louis, for instance, had raised itself to fifth place in 1972 by swallowing, over a period of years, brewers of such popular regional beers as Rhode Island's Narragansett and New Jersey's Ballantine. The expansion cost dearly: Falstaff lost a total of $11.9 million in 1972 and 1973 alone. This spring Paul Kalmanovitz, owner of San Francisco's General Brewing Co., bought control of Falstaff for $10 million. Other 1975 brewery turnovers: Theodore Hamm Co. of St. Paul, once tenth...