Word: rigging
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...Gaulle warned the Europeans-who are certain to vote against him-that the "new" Algeria could not be built without their help and the help of France. But De Gaulle's special appeal was to the army, which could rig next month's election against him if it chose, intimidate Moslems into abstaining or voting no. Addressing the officers of the garrison, he again spoke of the "new" Algeria, which "must be herself, otherwise-and you know this only too well-she will sever all her links with France." He set two tasks for the army: "First...
...word rolled out like a dirge in a Philadelphia court last week as lawyer after lawyer rose to voice the history-making plea for his clients. They were 19 major electrical manufacturers, including General Electric Co. and Westinghouse Electric Corp., charged by the Government with conspiring to rig bids and fix prices in the sale of $7 billion in electrical equipment (TIME, Dec. 5). In the largest criminal case in the history of the antitrust laws, most of the companies were allowed to plead nolo contendere (no contest) in certain cases, provided they pleaded guilty in seven major cases...
They represented 29 manufacturers of electrical equipment-including such big names as General Electric. Westinghouse and Allis-Chalmers-and 48 present or former executives of those companies. All were charged by the Government with criminally conspiring to rig bids and fix prices in the sale of $7 billion worth of heavy electrical equipment over the last seven years...
...best discussed in the privacy of an Executive Suite at the Barclay." Last week the statement was open to doubt. In Philadelphia a Federal Grand Jury returned a second set of indictments against eight electrical-equipment makers, charging antitrust violations involving criminal conspiracy to fix prices, divide markets and rig bids (TIME, Feb. 29). One of the hotels where the executives from the firms involved met to fix their prices: the Barclay...
Last week, fresh from a flop series of speeches in Wisconsin, where he tried to lop away at the neck of one of his bitterest foes. Democratic Presidential Hopeful Jack Kennedy, Jimmy Hoffa. as outwardly confident as the driver of a 14-wheel rig, swaggered into Manhattan's Madison Square Garden (capacity: 18,000) for a rally billed as dramatic evidence of Teamster solidarity. Again he whaled away at Kennedy ("the handsome young man who never knew what it was to work with his hands"), as well as at Arkansas' Teamster-investigating Democratic Senator John McClellan, the Landrum...