Word: rackets
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...newspapers were whooping it up, but the fact is that Scotland Yard has for more than a year been concerned by a London gang war that centers around a shakedown racket involving race-track bookies...
...pill circuit in the Southeast has cooled considerably as a result of the drive, but the FDA is not kidding itself: the dangerous racket persists elsewhere, may be spreading. Even if a half-emptied bottle of co-pilots is found in the pocket of a driver who has been killed by driving his truck off the road, it is usually impossible to prove cause and effect. But traffic authorities and truck companies agree that this is a likely result when drivers dose themselves with bennies to stay awake while they burn up the roads, day and night, without rest. Many...
...Professional Racket...
...truth be told, all the skills of American business, its ingenuity in advertising, and its shameless appeal to sentiment as well, are employed by the institution in building up its endowments from living alumni.... At its worst the procedure borders dangerously on something like blackmail or a professional racket...
...President and Fellows and the other directors of Harvard's alumni operation really are running a "racket," at least no one can accuse them of petty extortion. Not when they spend some $300,000 a year merely to keep in touch with the estimated 44,000 living alumni of Harvard College. This averages out to an expenditure of about $7 per year on each alumnus--a figure that seems extravagantly high until one reflects that last year College alumni presented their Alma Mater with gifts totalling $636,807, a total representing about $14.50 per man, or more than...