Mafia links in cross state loan schemes tied to insurance firms
An AP report details a Mafia tied loan operation involving John A. Masiello Sr and son using insurance policies and surety bonds as collateral to secure millions in commercial loans. Banks, regulatory scrutiny, and multiple insurance companies face severe losses across Oklahoma, Florida, and Arizona.
MENTIONED IN THIS ARTICLE
Washington
John A. Masiello Sr
John Jr
Oklahoma
Florida
Arizona
Masiello
New York State Investigation Commission
SBA
Vito Genovese
Post Office Department
Masiellos
New York
John Masiello Jr
Wright Patman
D-Tex
House Banking Committee
Federal Jury Acquits Harris in Counterfeit Money Case
Edwin Holt Harris, an implement dealer from Moulton, was acquitted in U S District Court on a charge of possessing counterfeit money totaling 230 dollars. The federal jury delivered the verdict Thursday after a trial led by attorney Dick Cooper.
MENTIONED IN THIS ARTICLE
Dick Cooper
Moulton
Edwin Holt Harris
U. S
Valley Honors Hill Former U S S Lister Hill Ceremony at Athens College
Government leaders from across North Alabama will honor former U S Senator Lister Hill June 25 at Athens College for 48 years of service to the Tennessee Valley and public health. Circuit Judge David Archer of Antsville, chairman, said Athens was chosen for its central location and because it was the first valley city he served with TVA electricity. Gov. Albert Brewer, Alabama's congressional delegation and VA board members are among those listed to attend. Harris acquitted after three hours of deliberation on counterfeit notes. Johnson acquitted of mail theft and check forgery. Carrell facing trial for transporting non tax paid whisky.
MENTIONED IN THIS ARTICLE
Alabama
Lister Hill
Athens College
Feterra
Knessee Valley
David Archer
Antsville
Thens
TVA
Albert Brewer
Labama
Board of
Harris
Clayton O’neal Johnson
Decatur
Johnson
Mary Jo Minniefield
Homer Lynell Carrell
Higdon
Federal
Planes and Coast Guard search for missing Air Force crew
In Alaska the search for the missing Air Force reconnaissance plane with 19 men aboard continues as at least 15 military aircraft and two Coast Guard ships sweep the western Aleutians. In Alabama coach Paul Bryant comments on Joe Namath’s retirement, calling him the greatest, while in the Philippines the carrier Kearsarge ferries 198 survivors from the destroyer Evans to Subic Bay and arranges flights home.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
Coast Guard
Aleutian Islands
Air Force
Tuscaloosa, Ala
Alabama
Paul Bryant
Joe Namath
Subic Bay
Philippines
U. S
Kearsarge
Frank E. Evans
Namath retires citing pressure from Rozelle over lounge stake
Jets quarterback Joe Namath announced retirement amid claims Commissioner Rozelle ordered him to exit a midtown lounge in which Namath held a one third share. Namath said he was told the restaurant would be closed for bookmakers use and that he faced suspension otherwise. See Page A-8.
MENTIONED IN THIS ARTICLE
NEW York
Joe Namath
New York Jets
Rozelle
Pete Rozelle
University of Alabama
Namath
Babelors
62Nd
Lexington Avenue
Phil Iselin
The
Jets
Weeb Ewbank
FBI
Major League Baseball
Joe
D Day 25 Years Ago Report From Sainte-Mere-Eglise
AP recounts the 1944 D Day invasion with Gen Eisenhower’s command and Allied landings on the Normandy coast. Paratroopers of the 82nd Airborne and Lt Gen James Gavin return to Sainte-Mère-Église while German resistance withdraws. Americans hit Omaha and Utah, Brits Canadians hit Juno Sword and Gold beaches.
MENTIONED IN THIS ARTICLE
Sainte-Mere-Eglise
France
Eisenhower
Ernest Dupuy
London
Hitler
Europe
Free French Army
U.S
82Nd Airborne Division
Sainte-Merc-Eglise
42Nd
Omaha
Utah
Juno, Sword and Gold
Markets Dip Amid Mixed Commodity Trading
New York markets showed lower overall activity with cotton irregular and grains mixed as wheat and corn fell. Soybeans edged higher while hogs held steady to strong, with tops near 27.00. a brief glimpse of a quiet but active trading day on futures and spot markets.
MENTIONED IN THIS ARTICLE
New York
Chicago
Wives Turned Pinups At Turkish Bath Convention
About a dozen wives from various countries visiting Istanbul for the International Chamber of Commerce convention received Turkish bath scrubs while their husbands attended meetings. The scene unfolded as a local press captured the moment. no injuries or conflicts reported.
MENTIONED IN THIS ARTICLE
Ahmet Balan
Associated Press
Istanbul
International Chamber of Commerce
Also Mentioned on This Page
Mafia
Donald M. Rothberg
Community National Life Insurance Co
Tulsa
Okla
Financial Security Life Insurance Co
Phoenix
Ariz
Blue Haven
DAILY
Billy Smith
Lister Bill
Valley
Robert F. Kennedy
Arlington National Cemetery
Kennedy
D-Day
John Vinocur
James M. Gavin
Gavin
Con Furniture
Second Avenue
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