Watergate, Inc.: An Anniversary Audit

July, 1982

Who says crime doesn't pay? For a while, it looked as if the night of the Watergate break-in--June 17, 1972--would be just another famous date in the annals of petty crime. Now, a decade later, it looks more like a milestone in economics. Since that fateful evening when five men were arrested at gunpoint inside Democratic National Committee headquarters, Watergate has gone from a third-rate burglary to a first-class growth industry.After some consideration, we decided that the most appropriate w...