SCANDALS: Of Envelopes and Packing Grates

After a corporation has agreed to make a payoff, the problem arises of how to transfer the money. Speed and secrecy are the obvious requirements for such exchanges, but sometimes the methods are astonishingly unsubtle. Part of the $7 million paid by Lockheed to Yoshio Kodama, the company's secret agent in Japan, arrived in yen-filled packing crates. Some of the rest was passed a bit more discreetly, in the form of checks made out to "bearer." Still, Kodama signed receipts for the equivalent of $2 million, and translations of the receipts were among documents given to a Senate subcommittee...