Friday, December 29, 2017

The dealmakers behind the Chicago mob. 'Outfit funds and connections formed the foundation on which lawyer Abe Pritzker's family built the Hyatt hotel chain.'

The Chicago Tribune reports:
It was a Faustian bargain, but it helped launch some of the most prominent names in Chicago's Jewish community. For example, according to Russo, Outfit funds and connections formed the foundation on which lawyer Abe Pritzker's family built the Hyatt hotel chain.

At the nexus of mob influence and political corruption was lawyer Jacob Arvey, the most important Jewish cog of the city's multiethnic Democratic machine. His clout with the Truman administration put a protege in charge of property seized from German companies and interned Japanese-Americans. Russo documents how these West Coast assets were sold for a fraction of their value to silent mob partners and the young lawyers, Arvey accomplices, who served as their frontmen. Some of these young lawyers then set up shop in California and duplicated Chicago's Democratic machine there, fueling their candidates' campaigns with money donated by the mob and its related unions.

But the Outfit's insidious control of unions most drove its westward expansion. Back in the earliest days of moving pictures, Chicago mobsters used the threat of projectionist walkouts to shake down local theaters. These extortion schemes worked their way back to the studio lots. According to Russo, the movie moguls did not mind seeing leftist organizers pushed to the side by mob goons, who could at least be paid off to keep the cameras rolling.
Imagine that.