Word: contractor
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...charged them to the local. He spent $4,289 on a party for Jimmy Hoffa. He and his secretary took a $1,045 trip posing as man and wife, charged it off to Local 777 as "entertainment expense." They also took joint title to a house built by Contractor Frank Pantaleo, who happened to be refurbishing the local's union hall at a king-size cost of $85,325. For a while, Glimco also forced 777's former President Dominic Abata to kick back more than half his $175 weekly salary as tribute...
...probable. Four U.S. soldiers stationed with the Laotian army as PEO military advisers were lost when the Pathet Lao overran Vang Vieng ten weeks ago. Also missing are three helicopter crewmen and an NBC photographer who went down in a crash behind enemy lines and a Long Island contractor who disappeared on a hunting trip...
Payola & Whisky. Eli G. Travis, a free-spending contractor, admitted that he had lavished a small fortune on friendly city officials who helped him to get contracts and did not inspect his work too closely. On one big job-$1,000,000 worth of repairs for an elevated transit line-city officials claim that he successfully swindled the public out of $800,000. In his various deals with city officials, said Travis, he had "paid out at least $75,000 in payola." Travis testified that the chief of the Division of Architecture and Engineering and a former secretary had received...
...Pentagon is trying to find new formulas. The Navy, which has shown how to move fast and effi ciently with its Polaris program, is developing a management-control system nicknamed "Mascot." Mascot's goal: to give on one giant diagram a clear picture of the function of each contractor and sub contractor, which ones have to be speeded up to keep the project on schedule, and what the effect of speedups or delays would be on costs. And in a contract recently signed with RCA for the SAINT satellite-inspection system, the Air Force stipulated that RCA gets...
Plunging into partnership with a small-time Phoenix housing contractor, Murdock quickly lost most of his savings when his partner skipped town. Though he knew nothing about either building or real estate. Murdock was determined to pay off the money the partnership had borrowed at Arizona's Valley National Bank, finished the houses by working on them himself. So impressed was Valley National that it backed him on more houses, and in 1952 helped him move into commercial building. Two years later, at 31, he was worth a million, chiefly in land parcels north of downtown Phoenix that were...