Word: kickback
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Dates: during 1970-1979
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...arrival in Israel was extraordinarily inconvenient for his hosts; they were almost totally distracted by domestic political turmoil. The Labor Party of Premier Rabin was reeling from the latest in a series of scandals; Asher Yadlin, a former high-ranking Labor Party member, had just pleaded guilty to kickback charges and allowed that the money he received had gone into the party's coffers. Rabin was uncertain of his tenure in office. Not only is he facing a strong challenge from opposition parties in the national elections scheduled for May 17, but he may not even be Labor...
...Kickback Charges. Riegle effectively projected the image of a tough, young, shirt-sleeved contender with no great love for Washington. He also outspent Austin, a black, by an estimated $350,000 to $200,000, in a contest where voters split along racial lines. Austin's campaign was seriously hurt by charges that he had taken kickbacks from the state's private license-plate vendors. When it was revealed that they had installed $10,000 worth of air-conditioning in his house as a "gift," his reply was that he did not know it was being done. Riegle will...
Pressure is nonetheless building for Sporkin to go slow. In a recent letter to Senator William Proxmire, Commerce Secretary Elliot Richardson was worried about the SEC's "expansive definition of materiality," meaning its prosecution of bribery and kickback cases. That drew a sharp reply from SEC Chairman Roderick Hills, and Richardson backed off -at least temporarily. Characteristically, Sporkin wants to expand his job even further: "We've seen the worst of the overseas scandals but I'm afraid only the beginning of straightforward, old-fashioned bribery and embezzlement here at home. There...
Even if the alleged kickback actually took place, it would be very difficult for Harvard to prove, since $4,000 in cash can be easily hidden and would probably not noticeably alter the lifestyle of anyone accepting...
...benefit golf tournament at the La Costa country club in Carlsbad, Calif. The entourage that appeared for the former President's "coming out" was intriguing. Tournament participants included Anthony Provenzano, unofficial boss of New Jersey's Teamsters; Allen Dorfman, convicted in 1972 for accepting a kickback from a union pension-fund borrower; Jack Sheetz, a businessman indicted but not prosecuted for misuse of union pension funds; and some other figures linked to organized crime. After finishing the day with a respectable 92 on the 72 par course, Nixon retired to a recreation room for a private chat with...