Word: payoffs
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Dates: during 1960-1969
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...helped the Internal Revenue Service recover $18.1 million last year, 822 "tax tattlers" earned rewards totaling $565,254. Although payments to tipsters hit an average of $687, reported Commerce Clearing House last week, hardly anyone knows the range of their rewards-except the IRS, of course, which taxes the payoffs. The tax code sets the "normal" payoff as 10% of whatever money informers bring in, but district tax collectors can pay whatever a tip is worth. Moreover, "no unauthorized person shall be advised of the identity of the informant"-a provision which protected the 3,672 informers whose information proved...
...away the leader in the field, both in the U.S. and abroad. It has so far installed 13,000 computers in the U.S. and another 3,000 in Western Europe, where industry and laboratories are just beginning to computerize. The payoff: 74% of the U.S. computer market, a dominance that leads some to refer to the industry as "IBM and the Seven Dwarfs." The dwarfs, small only by comparison with giant IBM: Sperry Rand, RCA, Control Data, General Electric, NCR, Burroughs, Honeywell. The computers have also spawned the so-called "software" industry, composed of computer service centers and independent firms...
...gain in new elections at the expense of Mike Pearson's scandal-smudged Liberal government. This week, as the second session of Parliament reconvenes in Ottawa, Pearson faces questioning about the latest scandal, this one concerning a U.S. operator named Harry Stonehill who was supposedly asked for a payoff by immigration officials when he sought a Canadian residency permit...
...learns that Sylvia was raped in Pittsburgh in her teens, drifted into prostitution in Mexico, developed a taste for book learning, and graduated to $100-a-night status as a Manhattan call girl employed by a transvestite panderer named Lola. Then a sadistic lover's $10,000 payoff permitted her "to acquire travel, Europe and culture." Finally face to face with his quarry, Maharis discovers that loose morals don't matter much, really, when a girl is endowed with a generous spirit and a love of literature...
...tremendous concentration of brilliant minds at M.I.T. is going to be the biggest payoff," Kock said, adding that M.I.T. and the research center would probably share some facilities...