Word: scandalizing
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Dates: during 1950-1959
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Joey's name bobbed up in the harness-racing scandal (TIME, Oct. 5). William De Koning, boss of the union whose members kicked back money in order to keep their jobs, was reported to be a faithful visitor at Joey Fay's Sing Sing address. Reporters demanded a list of Joey's other callers, got a shocking surprise. No fewer than 87 persons, many of them celebrated, had gone to see Joey...
...racing is a $430 million-a-year business, the fastest-growing spectator sport in the U.S. With so much money and public interest, it was almost inevitable that the bumpkin sport would catch the eye of big-city racketeers. Last week in New York, as a major harness-racing scandal unfolded, Governor Thomas E. Dewey ordered an investigation of racketeering at the raceways...
...stock from Norman Penny, another Long Island Republican leader, in a unique time payment plan. The 1950 sale price was $20 a share; Sprague's dividends were $6 a share the first year, $8 a share the second. He completed payments in the spring of 1953 When the scandal broke, the stock was worth about $100 a share...
This week, as Dewey's investigators got to work on the Yonkers mess, the New York World-Telegram and Sun trotted out another scandal, this one at Roosevelt Raceway on Long Island. Labor bosses, the paper said, have been milking the paychecks of track employees for $345,000 a year; every Friday night, Roosevelt employees who wanted to keep their jobs hastened to a bar in nearby Hempstead and forked out cash tribute to the racketeers.' Some of the payments went for tickets to clambakes, but the rest of the money was simply handed over with no questions...
...Samuel Insull, onetime Midwest utilities czar; in Chicago. A noted Broadway beauty, she married Insull in 1899, and became a princess of Chicago society. She tried in vain to make a stage comeback at 42, ten years later sank $200,000 in a benefit production of The School for Scandal. In 1932, when the $3 billion Insull empire disintegrated, she fled to Europe with her husband, later urged him to surrender and face trial on charges of fraudulent bankruptcy and embezzlement. During Insull's famed trials and acquittals (1932-35), she stuck loyally by him, after his death...