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The Players and the Plays: A Citizen's Guide to Wedtech.

Authors :
Cook, F.J.
Source :
Nation. 4/2/1988, Vol. 246 Issue 13, p458-461. 3 1/4p. 1 Illustration.
Publication Year :
1988

Abstract

The Wedtech corruption and racketeering case, now on trial in Federal court in Manhattan, seems likely to last for three months. Wedtech, a struggling machine-tool company located in the rubble-strewn South Bronx, spawned a multimillion dollar gusher of bribes, payoffs and lobbying fees, a river of tainted bucks that flowed from the precinct level to a conference room in the White House. The bribes are given for getting governmental contracts without competitive bidding. The central figure in the current Federal trial is Marix Biaggi, a Bronx Representative convicted in case of accepting illegal gratuities. Biaggi had pleaded Wedtech's case as far back as 1978, when he contacted both Secretary of Defense Harold Brown and Secretary of the Army Clifford L. Alexander about a contract sought by the firm.

Details

Language :
English
ISSN :
00278378
Volume :
246
Issue :
13
Database :
Academic Search Index
Journal :
Nation
Publication Type :
Periodical
Accession number :
8800023313