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Frank Erickson
Frank Erickson (1896 – March 2, 1968) was an American mobster and bookmaker, known for his association with businessman, gambler and racketeer, Arnold Rothstein. Biography He was born in New York City to parents of Swedish and Irish descent. After the death of his father, he grew up in an orphanage. Frank Erickson was Arnold Rothstein's right-hand man and New York's largest bookmaker during the 1930s and 40s. Eventually, Erickson became very well known among bookmakers nationwide for handling "lay-off" bets. With Chicago's Moses Annenberg, Erickson developed a country wide wire service, making possible for the first time nationwide synchronized betting. Erickson never saw any of these profits because soon after, bookmaking became illegal and the government took over. In Robert Lacey's book on Meyer Lanksy, Erickson was named "the largest book maker on the East Coast, if not in all America." Additionally, it is a little-known fact that many of Erickson's profits went to charit ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Bookmaking
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. W ...
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Racketeer
Racketeering is a type of organized crime in which the perpetrators set up a coercive, fraudulent, extortionary, or otherwise illegal coordinated scheme or operation (a "racket") to repeatedly or consistently collect a profit. Originally and often still specifically, racketeering may refer to an organized criminal act in which the perpetrators offer a service that will not be put into effect, offer a service to solve a nonexistent problem, or offer a service that solves a problem that would not exist without the racket. However, racketeers may offer an ostensibly effectual service to solve an existing problem. The traditional and historically most common example of such a racket is the "protection racket", in which racketeers offer to protect a business from robbery or vandalism; however, the racketeers will themselves coerce or threaten the business into accepting this service, often with the threat (implicit or otherwise) that failure to acquire the offered services will lead t ...
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Arnold Rothstein
Arnold Rothstein (January 17, 1882 – November 4, 1928), nicknamed "The Brain", was an American racketeer, crime boss, businessman, and gambler in New York City. Rothstein was widely reputed to have organized corruption in professional athletics, including conspiring to fix the 1919 World Series. He was also a mentor of future crime bosses Lucky Luciano, Meyer Lansky, Frank Costello, and numerous others. Rothstein "transformed organized crime from a thuggish activity by hoodlums into a big business, run like a corporation, with himself at the top", and gained notoriety as the person who first realized that Prohibition was a business opportunity, a means to enormous wealth, who "understood the truths of early century capitalism (giving people what they want) and came to dominate them". His notoriety inspired several fictional characters based on his life, portrayed in contemporary and later short stories, novels, musicals, and films, including the character Meyer Wolfsheim in ' ...
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Swedish People
Swedes ( sv, svenskar) are a North Germanic ethnic group native to the Nordic region, primarily their nation state of Sweden, who share a common ancestry, culture, history and language. They mostly inhabit Sweden and the other Nordic countries, in particular Finland where they are an officially recognized minority, with a substantial diaspora in other countries, especially the United States. Etymology The English term "Swede" has been attested in English since the late 16th century and is of Middle Dutch or Middle Low German origin. In Swedish, the term is ''svensk'', which is from the name of '' svear'' (or Swedes), the people who inhabited Svealand in eastern central Sweden, and were listed as ''Suiones'' in Tacitus' history '' Germania'' from the first century AD. The term is believed to have been derived from the Proto-Indo-European reflexive pronominal root, , as the Latin ''suus''. The word must have meant "one's own (tribesmen)". The same root and original meaning i ...
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Irish People
The Irish ( ga, Muintir na hÉireann or ''Na hÉireannaigh'') are an ethnic group and nation native to the island of Ireland, who share a common history and culture. There have been humans in Ireland for about 33,000 years, and it has been continually inhabited for more than 10,000 years (see Prehistoric Ireland). For most of Ireland's recorded history, the Irish have been primarily a Gaelic people (see Gaelic Ireland). From the 9th century, small numbers of Vikings settled in Ireland, becoming the Norse-Gaels. Anglo-Normans also conquered parts of Ireland in the 12th century, while England's 16th/17th century conquest and colonisation of Ireland brought many English and Lowland Scots to parts of the island, especially the north. Today, Ireland is made up of the Republic of Ireland (officially called Ireland) and Northern Ireland (a part of the United Kingdom). The people of Northern Ireland hold various national identities including British, Irish, Northern Irish or som ...
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Lay Off (bookmaking)
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. Wh ...
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Moses Annenberg
Moses Louis Annenberg (February 11, 1877 – July 20, 1942) was an American newspaper publisher, who purchased ''The Philadelphia Inquirer'', the third-oldest surviving daily newspaper in the United States in 1936. ''The Inquirer'' has the sixteenth-largest average weekday U.S. newspaper circulation, and has won eighteen Pulitzer Prizes. He was the father of ''TV Guide'' creator Walter Annenberg. Early life Moses Louis Annenberg was born in Kalwischen, East Prussia (German Empire) in 1877 to a Lithuanian Jewish family. He left Germany and immigrated to Chicago in 1900. Career Annenberg began his career as a Chicago newspaper salesman at the ''Chicago Tribune'', then, for the Hearst Corporation. He eventually built a fortune and the successful publishing company that became Triangle Publications, Inc., owning, among other publications, the ''Daily Racing Form''. During the Franklin Delano Roosevelt, Roosevelt administration, he was indicted for tax evasion on August 11, 1939, fo ...
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American Mafia
The American Mafia, commonly referred to in North America as the Italian American Mafia, the Mafia, or the Mob, is a highly organized Italian American criminal society and organized crime group. The organization is often referred to by its members as Cosa Nostra (, "our thing" or "this thing of ours") and by the American government as La Cosa Nostra (LCN). The organization's name is derived from the original ''Mafia'' or ''Cosa nostra'', the Sicilian Mafia, with "American Mafia" originally referring simply to Mafia (or ''Cosa nostra'') groups from Sicily operating in the United States, as the organization initially emerged as an offshoot of the Sicilian Mafia (known also as ''Cosa nostra'' by its members) formed by Italian immigrants in the United States. However, the organization gradually evolved into a separate entity partially independent of the original Mafia in Sicily, and it eventually encompassed or absorbed other Italian immigrant and Italian-American gangsters and Italia ...
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Frank Hogan
Frank Smithwick Hogan (January 17, 1902 – April 2, 1974) was an American lawyer and politician from New York. He served as New York County District Attorney for more than 30 years, during which he achieved a reputation for professionalism and integrity. Early life and education Hogan was born in Waterbury, New Haven County, Connecticut. He studied at and graduated from Columbia College, Columbia University in 1924. At first, Hogan planned on becoming a reporter and studied journalism. He decided to switch his focus to the law and graduated from Columbia Law School in 1928. Hogan was a member of Beta Theta Pi fraternity at Columbia. Career After law school, he entered into private practice for several years. In 1935, he began in the New York County District Attorney's office as an Administrative Assistant District Attorney under Thomas E. Dewey. In 1941, Dewey announced that he would not seek re-election. He suggested four prosecutors who he believed should succeed him. Al ...
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1896 Births
Events January–March * January 2 – The Jameson Raid comes to an end, as Jameson surrenders to the Boers. * January 4 – Utah is admitted as the 45th U.S. state. * January 5 – An Austrian newspaper reports that Wilhelm Röntgen has discovered a type of radiation (later known as X-rays). * January 6 – Cecil Rhodes is forced to resign as Prime Minister of the Cape of Good Hope, for his involvement in the Jameson Raid. * January 7 – American culinary expert Fannie Farmer publishes her first cookbook. * January 12 – H. L. Smith takes the first X-ray photograph. * January 17 – Fourth Anglo-Ashanti War: British redcoats enter the Ashanti capital, Kumasi, and Asantehene Agyeman Prempeh I is deposed. * January 18 – The X-ray machine is exhibited for the first time. * January 28 – Walter Arnold, of East Peckham, Kent, England, is fined 1 shilling for speeding at (exceeding the contemporary speed limit of , the first spee ...
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1968 Deaths
The year was highlighted by protests and other unrests that occurred worldwide. Events January–February * January 5 – " Prague Spring": Alexander Dubček is chosen as leader of the Communist Party of Czechoslovakia. * January 10 – John Gorton is sworn in as 19th Prime Minister of Australia, taking over from John McEwen after being elected leader of the Liberal Party the previous day, following the disappearance of Harold Holt. Gorton becomes the only Senator to become Prime Minister, though he immediately transfers to the House of Representatives through the 1968 Higgins by-election in Holt's vacant seat. * January 15 – The 1968 Belice earthquake in Sicily kills 380 and injures around 1,000. * January 21 ** Vietnam War: Battle of Khe Sanh – One of the most publicized and controversial battles of the war begins, ending on April 8. ** 1968 Thule Air Base B-52 crash: A U.S. B-52 Stratofortress crashes in Greenland, discharging 4 nuclear bombs. * ...
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