"Moloch, for example, who had started out aged seventeen as a stage magician, evolving into an ingenious and flamboyant criminal mastermind through underworld contacts made in his world of nightclubs, had moved into impersonal crime like drugs, financial fraud and vice clubs by the late '40's." (Moore, pg. 10 of "Under the Hood," end of chapter 3).
"Moloch" can either refer to a mythical "God" or demon or a type of sacrifice regarding fire. Myth says that Israelites would sacrifice their first-born children to Moloch. The word "Moloch" can now mean anyone or anything that asks for sacrifices. Moloch was known as a sun god or fire god, and (according to legend) people were sacrificed to him through fire. When Rorschach is arrested, he is in Moloch's house, and sets fire to it. This is a firey sacrifice--his freedom.
http://www.pantheon.org/articles/m/moloch.html
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nice etymology work here
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