Word: wampold
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Dates: during 1950-1959
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...flushed deeply, swallowed hard, spun the saddest yarn of all. With Joseph McEvoy, the nephew of Beck's wife, and one other associate, Hedlund established the National Mortgage Co., thanks partly to the $35,000 contribution from Uncle Dave to McEvoy. Then Hedlund, Beck and Teamster Lawyer Simon Wampold organized an outfit called the Investment Co., which drew brokerage commissions on Teamster money invested by Beck. Through the mortgage company, Beck put a tidy $9,000,000 in Teamster funds into mortgages, and through this company, Beck's family profited handsomely...
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