Word: wizard
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Dates: during 1980-1989
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What do increasing numbers of small businesses have in common with one of the factions of the Ku Klux Klan? As of last week: bankruptcy. Said Bill Wilkinson, Imperial Wizard of the Invisible Empire, Knights of the Ku Klux Klan: "Everyone should try Chapter...
...Invisible Empire's financial problems began last year when the Internal Revenue Service assessed the Louisiana-based group, one of the largest Klan organizations in the U.S., $8,650 in back taxes, penalties and interest. Last week the Imperial Wizard, in the first formal step required under the federal Chapter 11 bankruptcy law, filed court papers listing the group's assets as about $14,800 and liabilities as $42,019, with the IRS as the largest creditor. The Invisible Empire now has 120 days in which to file a financial reorganization plan with the U.S. District Court...
...Imperial Wizard sought to strike an upbeat note. "This will not hamper our operations. It preserves our cash flow and freezes our obligation. We will pay all creditors 100% plus interest, and that includes the IRS," declared Wilkinson, whose wife Barbara, the Klan secretary, signed the documents. "But you won't find that bookkeeper around here anymore...
Gentlemen's Quarterly asked him to pose doing a buck-and-wing. But it's his new megabuck-and-change contract that really has St. Louis Cardinals Shortstop Ozzie Smith, 28, kicking up his heels. Last week "the Wizard of Oz," as he is known around Busch Stadium, doubled his old salary in a pact with the 1982 World Series-winning Cards that will make him the highest-paid shortstop in major league history: a reported $1 million a year. Oz's golden-brick road will run for at least the next three seasons...
...home games are where the over nightesrs shine, scenes of in evolving ritual that dates back into the years of Coach John Wooden, the Wizard of Westwood. Through chants of "Who's he?" "Big deal" "So what" "Who cares?" and "Go home" after the introduction of the visitors' line-up, shouts of "Play ball" at the end of the national anthem, and the flawless execution of a repertoire of game-time cheers and jeers, the faithful add to their enjoyment of the best games while over the likes of San Joe State...