Ludo Bagman's name

[Jim Hohman]

No: HPFGUIDX 651

Thank you for a much more complete and literate definition of 'bagman'

Jim


--- In HPforGrownups at egroups.com, "Sister Mary Lunatic" <klaatu at p...> 
wrote:
> According to my dictionary, a 'bagman' is "a collector of money for
> racketeers".  This goes way back to the early gangster/mob crime 
days
> (l920's?) here in the USA.  The bagman either collected the weekly 
bribe
> money from businessmen who were being "protected" (meaning 
exploited) by the
> big local crime boss; or he collected the profits from local illegal
> gambling establishments and delivered them to boss headquarters; or 
in some
> instances he was the person who held on to stolen goods until they 
could be
> disposed of, hence the phrase  "he was left holding the bag" means 
someone
> who was caught doing something wrong while his cohorts excaped 
scot-free.