How can anyone make $57,000 by one telephone call? Last week the Senate's permanent investigating committee called in an ex-vegetable huckster named Frank Nathan and asked him point blank. There's nothing to it, said Nathan, nothing to it at all.
One day back in 1948, while thumbing through a War Assets Administration brochure, he noticed that a Government aluminum plant in California was for sale. He called a Brooklyn junk dealer named Joe Labowitz and told him the news. Labowitz, in the words of another witness, "shoehorned in" on a syndicate which was about to buy the plant, and got 20% of...