Word: racketeering
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Dates: during 1960-1969
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...scale." Organized crime works at cutting "high overhead costs," uses its "equipment or specialized personnel fully." Large operations take advantage of the fact that "where entry can be denied to newcomers, centralized price-setting will yield monopoly rewards to those who control the market." More over, the bigger the racket, "the more formerly 'external' costs will become costs internal to the firm"-and thus under better control. One important "cost" is violence. The big firms, says Schelling, "have a collective interest in keeping down violence to avoid trouble with the public and the police...
...real consolation for the losers came in reports that Emerson, at 30, was hanging up his racket and that Stolle, 28, was planning to turn pro-following in the footsteps of Dennis Ralston, the U.S.'s top-ranked player, who signed a $100,000 contract last week...
...lads who played for Brazil, however, had a pretty fair idea of how to hold a racket. And they may have worked a pretty good ploy on the U.S. too. As a tune-up for the Davis Cup competition, the Brazilian and U.S. teams played in last month's South American championships at Buenos Aires. The tournament was won by Texas' Cliff Richey, 19, the U.S.'s No. 3-ranked player-behind Dennis ("the Menace") Ralston and Arthur Ashe; in the process, Richey beat both of Brazil's Davis Cuppers, Thomaz Koch, 21, and Edison Mandarine...
...play's success depends on the rhythm and fluidity of the action it presents. Brook's production never lagged, but kept things moving almost frenetically by means of sudden racket from the periphery, the rhythmic scurrying of the patients, mime, song, dance, a plentiful use of props, masks, and brilliant physical gadgetry -- and above all, a sheer sense of pace that never allowed either the leads or the audience to breathe or reflect. David Wheeler's Boston version inherits most of Weiss/Brook's inspiration and contributes a little of its own. The play "breathes." Marat (Clinton Kimbrough) hunkers...
...addition, it ran farms, dealt in antiques and trafficked in drugs. But perhaps its biggest racket was protection. If the bribe was right, UDBA could hush up crimes or fix sentences for defendants facing stiff penalties. In fact, UDBA was not above framing...