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Word: mobbing (lookup in dictionary) (lookup stats)
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...Mob controls several Las Vegas casinos. So the gangsters bought the gambling palaces with huge loans from Teamster pension funds, using front men to disguise the Mafia connection. So the crooks reaped vast untaxed profits by skimming millions in cash off the top of the gambling take. So? Hasn't all that been widely known for at least 20 years? It has. But proving it is something else. After years of only sporadic success, the FBI and the Justice Department finally may be shaking the Mob's grip on Las Vegas...

Author: /time Magazine | Title: Shaking the Mob's Grip | 10/24/1983 | See Source »

That, at least, is the intended impact of indictments produced by a federal grand jury in Kansas City, Mo., against 15 alleged participants in a casino skimming conspiracy involving millions. The defendants include Mafia chiefs in Chicago, Kansas City and Milwaukee and the Chicago Mob's reputed enforcer of its operations in Las Vegas. The charges, stem ming from a five-year FBI investigation, challenge the repeated claims by Nevada casino regulators that skimming and the heavy hand of organized crime had been largely eliminated from the gambling capital. The indictment contends that the conspiracy was still operating...

Author: /time Magazine | Title: Shaking the Mob's Grip | 10/24/1983 | See Source »

...Mob executions normally go unpunished. But the work of New York detectives and Bronx County prosecutors produced a conviction last week in the killing of a federal witness. The team did what the FBI and Justice Department had failed to do: show that Nat Masselli, 31, had been slain last year in an effort to impede a federal investigation into allegations that Labor Secretary Raymond Donovan had ties to organized crime...

Author: /time Magazine | Title: Shoot Him' | 10/17/1983 | See Source »

...informant, Burns claimed that Odierno talked freely about the Masselli killing when the two were inmates last year at New York's Riker's Island jail. According to Burns, Odierno got mad when Masselli, sitting beside him in a parked car, rejected a deal in which the Mob would cancel loans to the Massellis if the pair would pledge silence in the Donovan investigation. Burns said that when a device that looked like a tape recorder fell from Masselli, Odierno yelled, "My God, the [expletive] is wired. Shoot him, Philly." Buono, seated in back, did so, according...

Author: /time Magazine | Title: Shoot Him' | 10/17/1983 | See Source »

Like all other investors, contrarians follow the obvious credo of buy low, sell high. But they avoid buying or selling at obvious times. They also avoid securities heavily favored by analysts, the ones that most investors buy, because contrarians believe that mob psychology has already made the stocks too expensive. Says Fraser: "We seek unloved situations before they become attractive to others." A former New York City banker and Wall...

Author: /time Magazine | Title: They Love Those Unloved Stocks | 10/17/1983 | See Source »

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