Word: loaned
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Dates: during 1970-1979
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...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...
Federal investigators suspect 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...
...Government's dilemma is subtly symbolized by the position of SEC Chairman Ray Garrett. As a member of the Loan Board, his chief concern is to ensure that Lockheed survives until the Government is released from its commitment at the end of 1977. But as SEC chief, he would normally be expected to concentrate on seeing that the reporting rules are obeyed, whatever the damage to the company. Garrett's solution: he has disqualified himself from the SEC's deliberations as to what to do about Lockheed...
...business. After being invited by the Soviets to bid on an order for ten mining shovels, worth about $30 million, Marion failed to line up financing in the U.S. The Soviets then turned to Marion's Japanese licensee, which had been able to arrange a low-interest government loan for the Soviets. All that Marion will get from the deal is a relatively modest licensing...
...therapists by performing impulsive, even dangerous acts. Suicide attempts or threats are not uncommon. People under treatment for psychosomatic illnesses like asthma or ulcerative colitis have experienced violent flare-ups of their diseases while their psychiatrists were away. Swartz recalls that one debt-ridden patient suddenly took out a loan for a new Mercedes...