Word: payoff
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Dates: during 1970-1979
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...sleek and personable Crociani, 55, was chief of a state-owned holding company called Finmeccanica. Now he is the subject of a man hunt by Italian police and Interpol. They want to question him about charges that one of his privately owned companies laundered part of a $1.6 million payoff when Lockheed Aircraft Corp. sold 14 C-130 transport planes to Italy's air force in 1971. Just before the scandal broke, Crociani emptied his penthouse in Rome and his two lavish country homes of all personal documents-and vanished...
What troubles Italians as much as the alleged payoff is Crociani's inept handling of the public's business. Finmeccanica is one of Italy's many ventures in "mixed capitalism." With this system, which started under Mussolini in 1933, the state buys or creates firms to promote broad social goals-and make a profit. Today the government controls or has interests in companies that account for about 50% of Italy's industrial output. Finmeccanica owns pieces of about 50 enterprises that had combined sales of $1.5 billion last year. Crociani took over in 1974; in just...
That gremlin with the Groucho stash is really Sandy Dennis, disguised as a payoff man in the movie The Abbess. Based on Novelist Muriel Spark's spoof of Watergate, The Abbess of Crewe, the film features Dennis, Melina Mercouri and Geraldine Page as nuns engaging in some unholy intrigue. Says Sandy: "I play a not very bright sister who talks loudly and does what my mother used to call 'all the grunt work' " -including the delivery of hush money to a men's room in Philadelphia. At that point, justice triumphs, and Sandy is nabbed...
...Marubeni workers have taken to shopping at night to avoid the cold stares of neighbors. Perhaps most insulting of all, Tokyo's Crown Record Company is trying to profit from Marubeni's misfortune. Next month it will release a pop-rock single that parodies the Lockheed payoff. Title: Peanut Song...
...York is the payoff--Jackson did well in Massachusetts, and about as expected in Florida--but will Moynihan's endorsement play in Rochester? More than one liberal Democrat is worried about Jackson's foreign policy--their line is that Scoop's the one to start World War III. Jackson still has some liabilities from his bald-eagle stance of the Vietnam years. And yesterday three labor leaders, including Victor Gottbaum in New York, former Bayh campaigners, came out for Udall...