Ronald Jarrett
Friend to small businessmen?
Carl Galione is a successful businessman. He once had a company that rented out dump trucks to the city as part of the the scandal-tarred Hired Truck program.
But the birth of his business success lay in a juice loan from his friend, reputed Outfit killer Ronald Jarrett, according to Galione's court testimony in the Family Secrets case.
Galione took out a juice loan of $20,000 from Jarrett in the mid-1970s to buy used forklifts.
Galione told jurors that he was a young man, just starting out and couldn't get a bank loan.
Galione's plan worked great. He repaired the forklifts, painted them and auctioned them off.
As part of the loan terms Jarrett had told Galione they would split any profit 50-50.
With success came a change in the terms. Jarrett told Galione the profits would have to be split three-ways. A third for Galione, a third for Jarrett and a third for someone Jarrett didn't mention.
Galione didn't ask.
In August 1979, Galione went further out on a limb.
He borrowed $40,000 in cash to buy snow removal equipment.
Galione's plan didn't work out so well.
No snow, he explained.
Galione wasn't making money with the equipment and had to pay the loan back.
He hadn't discussed terms with Jarrett.
Jarrett as happy to supply them.
He told Galione he had to pay $800 a week.
After a few weeks, Galione couldn't keep up. So the payments dropped to $200 a week.
Over the years, Galione kept paying, even at times paying Jarrett's wife, Rosemary, when Jarrett was in prison.
Galione did not further enquire as to the terms of the loan or if he had paid it off.
"I didn't know, and I didn't want to find out," said Galione, who has his own forklift company these days.
The payments ended only when Jarret was gunned down in December 1999.
Under questioning by a defense attorney, Galione said he was where he was today because of that first Jarrett loan.
Galione said he was "happy" Jarrett gave him the loan, while also admitted to being "somewhat" scared of him.
In all the articles I've read nothing has ever mentioned
The Murder of Jerry Dinger Carsello the jewel theif that
that supposidly tipped off the outfit on the burglars that
made Tony Acardo's safe.and robbed Gabor of seven million in
jewels.
STEVE WARMBIR RESPONDS: There's been very little testimony so far on Gerald "Dinger" Carusiello. If and when there's more testimony, I'll write about it.