Word: shakedowns
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...last week's shakedown trials, Weatherly made it all look worthwhile-up wind or down, in light breezes and heavy weather. The final trials to choose the boat that will defend the America's Cup against Australia's Gretel were still a month away, but Weatherly and Bus Mosbacher had sent the races off to a whistling start...
...hair turned white after 10½ years, his 220-lb. frame scaled down to 190-and his lips still sealed. A protege of ex-New York City Mayor William O'Dwyer. Moran was nailed in 1951 as the ''guiding genius" in a $500,000-a-year shakedown racket of oil burner contractors. Bigger fish in the city administration were feeding on the take, but Moran, offered a break if he named names, scornfully replied: "I came into this world a man-and I'm going...
...Shots. But most Americans took it pretty much in stride-and many could even find humor in the situation. Chicago's Creative Research Associates Inc. interviewed nearly 200 ticker watchers, reported that 76% of them believed the market shakedown had been inevitable. In Los Angeles, an elderly investor laughed as he looked at the worried faces in front of a stock board. "Some of them got caught short on margin, you know," he chuckled. "They got burned plenty bad. I'll bet they won't try and be big shots again with somebody else's money...
...rare departure from conventional political behavior, California's frisky Dalip Singh Sound, 62, turned sheepish (and turtle) over an enlargement of the federal payroll in his district. The occasion, in lamentation for which the India-born Democrat sportingly submitted to an initial symbolic shakedown: a beefing-up of the Internal Revenue Service staff in the city of Riverside...
...angry diplomatic protests two months ago eased the shakedown of foreign nationals. But this is unlikely to end the bogeymen's depredations against their own people...