Word: paye
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Dates: during 1960-1969
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...Chappaquiddick cottage itself; the phone mentioned by the Union Leader was in a locked studio behind the cottage, and the owners reported no indication that anyone had broken in to use the phone. If Kennedy had later made the twelve calls that the paper said he placed from the pay phone at the Shiretown Inn, where he was staying in Edgartown, it is highly unlikely that the night clerk would not have seen or heard him from his desk 20 feet away. The Shiretown has no telephones in its rooms...
...revenue for the Mob. Dollar for dollar, usury is LCN's best investment; though the gross is lower than it is in gambling, profit is higher. Interest rates commonly run at 20% per week, or, in the Mob's words, "six for five"?borrow $5 on Monday and pay back $6 by Saturday noon, the normal deadline. Borrowers are frequently gamblers who have lost heavily or hope to make a big strike, but they also include factory workers, businessmen on the verge of bankruptcy, or anyone else who needs cash but cannot meet a bank's credit check...
Many of the Cosa Nostra's legitimate business fronts were acquired when the owner could not pay his debt. Some public officials were acquired in the same manner. Over his head in various business deals, James Marcus, the former Water Commissioner of New York City, took a loan at 104% annual interest. When he was unable to pay, the gangsters found him a willing victim for other schemes, including graft on city projects. In the case of Marcus, as with many other public officials, the loan was almost certainly a come-on for what the Mob really wanted: a good...
...some academic departments (sociology, government, philosophy) has declined. In average faculty salaries, Columbia now ranks a mere 25th among U.S. universities. Worst of all, Columbia expects an $11 million deficit next. year. The new president will have to raise that much just to break even, then raise more to pay for higher salaries and capital improvements...
...fugitive mails a birthday card to his child, for example. It bears no address, but does have a postmark. Or he calls a friend from a pay phone to ask about the family; his approximate distance from home can be determined when the operator says, for instance, "Deposit $1.65 please." Those geographical leads are often enough for Tracers, says Vice President Edward Goldfader, because the runaways seldom alter the familiar pattern of their lives when they take up residence in a new city. They do not change their names, often because they fear their inability to respond naturally if someone...