Word: mobbing
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Dates: during 1970-1979
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...historian, Richard Maxwell Brown, writes that the Tea Party stemmed from a century-long heritage of mob violence in Boston. Discontent was rampant up and down the colonial seaboard after the British government granted the East India Company a monopoly on all tea exported to the American colonies; only in Boston did discontent manifest itself in violence. Boston's merchant class feared that the monopoly would, according to one patriot, "destroy every branch of our commerce, drain us all of our property, and wantonly leave us to perish by the thousands...
...wallet to make sure it's still there. This unspeakable insult to the cinema and to the India it depicts has all the imaginative variety of a Hare Krishna marathon in Harvard Square, and the P.T. Barnum mentality lately put to profitable use by a noted fifteen-year old mob leader who drives a Rolls-Royce. Never has the search for eternal cosmic wisdom been so short (an hour and a half), seemed so long (an eternity), and revealed so little...
...tells how the thievery developed: "The Street used to operate on a handshake. But all of a sudden, brokers had to enlarge their staffs to meet increased trading volume. The type of employees changed. Some of the new ones did not have a moral obligation to the firm. The Mob moved in at the end of 1966. As volume picked up still further, clerks began to make good money. Many took to gambling and got in over their heads, borrowing from Shylocks to pay their debts. Eventually they were forced to bring out securities on demand to pay the Shylocks...
Defaulted Loans. The mobsters often sell the hot securities at a discount. In other cases, the Mob uses the paper to set up corporations-some legitimate, others dummies for the purpose of borrowing more money. Sometimes the mobsters use the securities as collateral for personal loans. Too many U.S. bankers, eager for business, accept these securities without checking their validity...
...sufficient Baedeker of the soul. In Goa, these two breeds of latter-day ma gician, the scientist and the hippie, cross paths. For an instant each one senses a promise of salvation in the other before Hamo goes to his death at the hands of an Indian mob and the girl returns to England to inherit a fortune...