Soapy Smith gambling house. Legend has it that above the entrance of the stairway leading upstairs to the gambling games was a sign that read "caveat emptor", Latin for "let the buyer beware". Smith's younger brother, Bascomb Smith, joined the gang and operated a cigar store that was a front for dishonest poker games and other swindles, operating in one of the back rooms. Other operations included fraudulent lottery shops, a "sure-thing" stock exchange, fake watch and bogus diamond auctions, and the sale of stocks in nonexistent businesses. Because of bribes, some of the police officers patrolling the streets would not arrest
The Bond Buyer "Bloomberg credits "The Bond Buyer" for reporting facts first, end of story: Moody's Asks Municipalities to Indemnify Firm on Ratings". Retrieved August 26, 2010. ^ "Bloomberg credits "The Bond Buyer" for reporting facts first, 3rd paragraph: Build America Bond Subsidy Cost May Increase by $6 Billion, CBO Estimates". Retrieved August 20, 2010. ^ "Bloomberg credits "The Bond Buyer" for reporting facts first, 6th paragraph: New Jersey Seeks Adviser on Plan to Tap $1 Billion of Unspent Bond Funds". Retrieved August 10, 2010. The Bond Buyer The Bond Buyer is a century-old daily national trade newspaper based in New York City