Word: pasting
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Dates: during 1960-1969
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Died. Charles ("Pee Wee") Russell, 62, sad-faced but joyful jazz clarinetist, who wailed with Eddie Condon and a host of other Dixieland greats of the '30s and '40s, and in the past decade delighted audiences on four continents by blending his basic blues style with the experimental sounds of Thelonious Monk and Ornette Coleman; of pancreatitis; in Washington...
Died. Vito Genovese, 71, vice lord and Mafia chieftain who reputedly directed a multibillion-dollar underworld empire from federal prisons for the past nine years; of heart disease; in Springfield, Mo., Penitentiary. Arriving in the U.S. from Italy in 1913, Genovese proved himself a tough and shifty "soldier" and then "capo" (officer) in the Mafia ranks. Over the years he was indicted 13 times, including a conspiracy-to-murder rap he beat when the state's key witness was found poisoned. In 1957, Genovese assumed the Cosa Nostra throne after the barbershop slaying of rival Albert Anastasia (no indictment...
With money harder to get, interest rates have rocketed. The prime rate for the banks' major corporate customers has climbed to a historic high of 7%, and could go higher. Federal Housing Administration mortgage rates have risen from 61% to about 71% over the past year. A man who got a 25-year, $20,000 FHA mortage a year ago would have to make monthly payments of $135; if he signed a similar mortgage now, he would commonly have to pay $144. Last week a subsidiary of American Telephone & Telegraph issued a Triple-A bond with a 7% interest...
...extend the 10% surcharge well beyond its scheduled June 30 expiration date and resist various pressures for costly new Government spending programs, even when the Viet Nam war finally ends. For its part, the Federal Reserve will have to avoid the stop-and-go policies that in the past have produced sharp, erratic swings in the money supply and have brought criticism from some economists. The need is to show, as George W. Mitchell, one of the Federal Reserve's seven governors, puts it, that "we mean business in breaking the inflationary psychology...
Strung out on Dr. Spielvogel's couch, Portnoy becomes the first of the lie-down comics. Raised in Newark and now holding the post of Assistant Human Opportunities Commissioner in New York City, he renders his past absurd in an attempt to lessen its painful grip on him. He keens the familiar tale of the strongwilled, overattentive mother and the castrated father. He tells how his mother fondled him during toilet training, how she eroticized the insides of his ears while removing the wax, and how she forced him to eat at knife point. Portnoy is continuingly being floored...