Playboy's History Of Organized Crime Part X: Perils Of Power

May, 1974

There is an old truism that nobody retires from the councils of organized crime; the only way out is in a box. But Frank Costello, fretting away months in prison in 1956 and well aware that his legal battles were far from over, knew that such truisms are not necessarily truths. While old racketeers are usually no more willing to relinquish power and position than their counterparts in big business, there are some who have stepped down gracefully to spend their old age in wealthy retirement. In t...