Word: louse
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There was evidence of skimming, the system used to siphon millions out of the casinos in order to dodge taxes. Last summer, state officials looking into the accounts of the Hughes-owned Sands Hotel turned up $186,000 in "markers," some of which were lOUs signed with fictitious names. Hughes' managers wanted to write off the $186,000 as bad debts, a request that the state officials bluntly refused. Mob-connected men settled down comfortably in the Hughes organization. One of them: John Roselli, who was imprisoned in the '40s for shaking down Hollywood movie producers and later...
...interest that banks can pay on short-term certificates of deposit. These rates then jumped from about 61% to 8%, which is just about the going level for commercial paper. The rise should encourage treasurers of cash-rich companies to invest in bank certificates of deposit rather than lOUs. That sort of simmering down of the commercial-paper market could only be beneficial, for corporate borrowing practices should hardly be reminiscent of a permanent floating crap game...
...Administration had won its battle ?but it was now in danger of losing the war. "The White House had shot its wad on recommittal," Bayh explained. "They called in all their lOUs on that one. They cranked up for the wrong vote." He was confident not only of pinning down the tie vote but also of scratching out one more anti-Carswell ballot. Majority Leader Mike Mansfield agreed to call for a vote on the nomination immediately after the recommittal move lost. The motion required unanimous approval. A perplexed and wary Hruska, floor-managing the Carswell drive, objected...
...daily luncheons of the "Pappas boys," Tom and his brother John, in the dining room of their food warehouse. The brothers became important back-roomers in city and state affairs. John worked the Democratic side and was rewarded with an associate district judgeship; Tom earned some personal lOUs as a fund raiser for the G.O.P., got on the party's national finance committee and was a frequent guest at President Eisenhower's White House stag dinners. There he befriended then Vice President Richard Nixon. He also became influential in the Greek Orthodox Church...
...near-bankruptcy. At one point in 1968, the Democrats were in such penurious straits that Humphrey's backers could not afford a single hour of nationwide TV. The party's debts have since swelled to more than $8 million, including more than $2 million in remaining campaign lOUs incurred by the late Robert Kennedy, Eugene McCarthy and McGovern...