April 21, 1986 –
Geraldo Rivera hosted a live, highly promoted two-hour syndicated special from the Lexington Hotel in Chicago, The Mystery of Al Capone’s Vault, on this date.
Internal Revenue Service agents and a medical examiner stood at the ready should any cash or corpse lay inside. When demolition crews finally made their way inside the only contents were a dirt pile and a bottle of bathtub gin. The hype generated a record rating of 57 with an estimated audience of 30,000,000. The term “Al Capone’s Vault” has come to mean any over-hyped event that leads to nothing.
