Word: payoff
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Dates: during 1950-1959
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...have a parting word: the psychological effect of such a sum of money on the robbers would be too great on at least one of them. "Some day if his mind doesn't crack he may walk in here and tell me the truth, because whatever the payoff, he knows now it wasn't worth...
...bays and rimmed by 770 miles of profitable piers and docks. Thirteen years ago New York handled 22% of all the tonnage shipped to & from the U.S. Today tonnage has slumped to 15%. Principal reason: the New York waterfront is the realm of hoods and racketeers, where a payoff is as casual as a Christmas card, where whole truckloads of merchandise can vanish, where watchmen never make an arrest, and where mobsters recruit musclemen who are still serving time in Sing Sing...
...were the helpless victims in the domain of President Joe Ryan of the A.F.L.'s International Longshoremen's Association. In fact and testimony, most of the witnesses turned out to be men who would dangle a dollar on the end of a hook for either bait or payoff, whichever was in order. The basis they laid: racketeering runs rampant on the waterfront because nearly everyone there complacently accepts corruption as a matter of course...
...Payoff Pass. For a while at the outset it appeared that the Southern California Trojans' brilliant Tailback Jimmy Sears (TIME, Nov. 3) might be the goat of the game. A Sears fumble on his own 30-yd. line set up the first scoring play for U.C.L.A.'s Bruins: a 22-yd. field goal. But early in the second period Sears put his team back into the lead with an impromptu play that brought the crowd roaring to its feet. Running interference for teammate Al Carmichael, Sears saw his teammate stopped after a ten-yard gain, yelled...
...step of his plan: liquidation of the $7 and $6 prior preferred stock with payment of $93 million in stock from Standard's operating companies (Duquesne Light, Wisconsin Public Service, Oklahoma Gas & Electric). In the next two steps, Boshell plans to liquidate the $4 preferred by a similar payoff, and then the common. By mid-1953 he hopes to end Standard's existence-and his own job. Under Boshell's shrewd management, Standard's once "worthless common" is again listed on the Big Board, has shot up from 75? to last week's price...