Word: rico
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...JUAN, Puerto Rico--Hurricane Hugo's 125 m.p.h. winds pounded Puerto Rico yesterday after ripping across other islands in the eastern Caribbean, leaving at least 14 people dead and thousands homeless...
...National Weather Service said Hugo, the most powerful storm to hit the region this decade, slammed into the eastern tip of Puerto Rico and skirted the northern coast before roaring northwest toward the Bahamas...
There were no immediate reports of casualties in Puerto Rico although one man was electrocuted while trying to remove a television antenna as he prepared for the storm Sunday...
This June, for the second time in four years, the U.S. Supreme Court refused to narrow the sweep of civil RICO, preferring to leave the matter to Congress. Not surprisingly, that ruling recharged ongoing legislative efforts to reform RICO's civil provisions. Among the broad coalition pressing for changes are some of the very groups that have recently attracted the attention of prosecutors: accountants and securities and commodities dealers. Says Waldman: "It's a combination of The Untouchables and Showdown at Gucci Gulch." The congressional shoot-out to determine what happens to RICO could come this fall...
Designed to go after mobsters, the catchall federal RICO law is being used to track down racketeers from Main Street to Wall Street...