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Word: racketeered (lookup in dictionary) (lookup stats)
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...business was not strictly legal. His craving for women, liquor, gambling made money his obsession. Hard up, he shook down a pimp of his acquaintance once too often, found himself the unwilling accessory at a murder. He lost his job, tried desperately to chisel in on some steady racket. Rent-collecting among small shopkeepers had given him valuable information about when and where they kept their money. Soon he was ''the brain guy" for a small gang of robbers. But Bill was no thoughtless criminal and his conscience and his fears died hard. As he got deeper into...

Author: /time Magazine | Title: Books: Tough Stuff | 7/30/1934 | See Source »

...when his wife died, gave his State Bryant Baker's "Pioneer Woman," and then went bankrupt. He always felt that he had been euchred out of control of his Marland Oil Co. by unscrupulous financiers and when in 1932 he was elected to Congress, he kept up a steady racket against "the wolves of Wall Street." His gubernatorial platform: "A New Deal for Oklahoma," a State police system. State subsistence homesteads, wildlife conservation...

Author: /time Magazine | Title: POLITICAL NOTES: Oklahoma's Choice | 7/16/1934 | See Source »

...This racket was described last week at a conference in Manhattan of the Jewish Ministers' Cantors' Association. A resolution was passed to boycott guilty synagogs. Cantor Martin Adolf of Paterson, N. J., chairman of the conference, declared that cantors are Forgotten Men. Said he: "The cantor, who by the grace of God is an artist, has always been considered as the pillar of fire in the synagog. He has the ability with the rays of his voice to create light and joy when Israel is left in darkness. . . . When the whole world was engaged in speculation to gain...

Author: /time Magazine | Title: Religion: Cantor Racket | 6/25/1934 | See Source »

Meanwhile last week the Better Business Bureau of New York City, reviewing the business year ended May 1, reported that promoters of the timeworn "sell and switch" racket* were still active, that "gyp" stock vendors had continued to flourish as of old under the Securities Act largely because the Federal Government had been backward about criminal prosecutions. Declared the Bureau: "An examination of the registrations under the Federal law reveals that by far the greater percentage of registrations was of highly speculative enterprises. Most promoters of such enterprises are deterred but little by responsibilities of civil liability which, under...

Author: /time Magazine | Title: Business & Finance: Golden Quebec: Better Business | 6/11/1934 | See Source »

...sell & switch" racket: A bogus stockselling crew obtains the stockholders list of a reputable company (the ''leads''), hires telephone salesmen (the "openers'') to win their confidence of certain selected shareholders on the list (the "prospects"). Then high-pressure salesmen arrive to tip off the prospect that his stock is being "hammered" by bear operators persuade him to sell it, switch his funds to a new issue, almost invariably worthless...

Author: /time Magazine | Title: Business & Finance: Golden Quebec: Better Business | 6/11/1934 | See Source »

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