meta_pixel
Tapesearch Logo
Log in
Scratch & Win

Hatchet Man vs. the 800 Pound Gorilla

Scratch & Win

GBH News

History

51.5K Ratings

🗓️ 18 October 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

Part 5: In 1991, the Big Dig is handed off to a new leader – the brash, aggressive, hatchet-toting Jim Kerasiotes – who makes it clear he plans to shake things up. The one thing he can’t shake is the equally aggressive private company managing the project. Now they have to work together.

Credits:

Host and scriptwriter: Ian Coss

Executive Producer: Devin Maverick Robins

Producers: Isabel Hibbard and Ian Coss

Editor: Lacy Roberts

Editorial Advisor: Stephanie Leydon

Fact Checker: Lisa Wardle

Scoring and Music Supervision: Ian Coss

Project Manager: Meiqian He

Transcript

Click on a timestamp to play from that location

0:00.0

Support for the Big Dig comes from MIT Federal Credit Union, with a full range of financial services, their financial advisors, are committed to helping members money work for them.

0:09.4

Memberships open to the public. More at MITFCU.org, federally insured by NCUA.

0:16.4

By 1991, Fred Salvucci had championed the Big dig for almost 20 years, and when he finally laid

0:24.1

that mantle down, he didn't know who, if anyone, would pick it up next. And he certainly had no

0:31.2

idea that it would be an old adversary, someone about as unsalvucci as you can imagine who would take that mantle on.

0:39.9

A man named Jim Caraciotis.

0:46.5

I have to admit, I was a little nervous when I met for the first time with Jim Caraciotis

0:52.3

because I had heard the stories about Jim Caraciotis,

0:56.4

and most of them were not flattering.

0:58.7

He's a real nasty piece of work as far as I'm concerned.

1:02.8

Brilliant, driven, unfortunately, sadistic.

1:07.6

If the stories were to be believed, this was a man who ruled the Big Dig by fear and

1:13.6

intimidation, a man who prowled the hallways of the transportation building, casually firing

1:19.2

people, while proudly displaying a hatchet on his desk as a warning to whoever might be next.

1:25.6

I remember the hatchet. I saw the hatchet.

1:28.6

These stories have been repeated so many times that they feel both unquestionable

1:33.4

and at the same time a little unbelievable, like mythology.

1:41.3

But now, here was Jim Caraciotis, the man, walking into the studio in a gray suit with just a little shine to it and a stack of binders under one arm, like a lawyer showing up for court.

1:57.0

All right, how are we on sight lines? I feel like that's always a challenge here. Can you see me okay?

2:01.6

Yeah.

2:02.4

But it very quickly became clear that the Caraciotis I was sitting across from

2:06.9

was not going to live up to all the stories I had heard.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from GBH News, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of GBH News and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.