Milken Faced with Firing as Drexel Plea Confirms Record Fine
Michael Milken is to be fired from Drexel Burnham Lambert as part of a plea that settles the largest securities fraud case. Drexel will plead guilty to six felonies and pay 650 million in fines and restitution, with Milken not receiving last year’s nine digit pay and the firm avoiding prosecutions for activities in the last decade.
MENTIONED IN THIS ARTICLE
New York
Michael R. Milken
Drexel Burnham Lambert Inc
Milken
Drexel
Ivan F. Boesky
Milken Drexel
Lowell J. Milken
Robinson to Testify in Connection With Barber Killing
Defense lawyers in Greenville prepared for the possibility that Chicago millionaire Robinson, Jesse Jackson's half brother, will take the witness stand in the January 1986 Barber murder case. Jurors were told the burden rests with prosecutors, not the defense. In Washington, Sullivan won conservative anti abortion senator support after backing the presidents abortion stance.
MENTIONED IN THIS ARTICLE
Sheenville
Noah Botion
Greenville
Robinson
Robert Simone
Philadelphia
James Moore
Greenwood
Robinson Will Robinson
Chicago
Jesse Jackson
el Rukn
Leroy “Hambone” Barber
al Taylor Jr
Taylor
Mail Rates Three Months to Twelve Months Policy
Postal pricing shows rates for three, six, and twelve month periods. Includes anticipated changes in service charges and potential impact on subscribers. The notice outlines renewal options and steps to secure preferred rate plans.
Theodore Still Weighs Future as Moore Quiet on Governor Bid
In an AP interview Theodore, 60, says he is content as lieutenant governor and will outline political plans within a month. He notes possibilities include challenging Governor Campbell or not running, with Sen. Tom Moore and others mentioned as potential Democratic candidates. Moore, 38, says he has not seriously considered a run, though approached by several.
MENTIONED IN THIS ARTICLE
Columbia
Nick ‘Theodore
Associated Press
Statehouse
Theodore
Carroll Campbell
Aiken County
Thomas L
Tommy) Moore
Phil Lader
Hugh Leatherman
Florence
Mike Daniel
John Land
Clarendon
Moore
Sen
Panel OKs Revamping Bingo Law
The House approves a bill to tighten bingo regulation, aiming to route more income to tax exempt groups and the state. Rep. Herb Kirsh says the change boosts oversight of promoters. officials note bingo may move over 80 million annually. Proponents argue bingo funds enable charities, churches and fraternal groups to raise money.
MENTIONED IN THIS ARTICLE
Columbia
Herb Kirsh
House
Kish
York
State Tax Commission
Vicki Jinnette
Border groups urge stronger fences over sandwiched ditch plan
The Federation for American Immigration Reform urged high metal fences concrete barriers and electronic surveillance along about 200 miles of the U S Mexico border. They criticized a plan for a long ditch near San Ysidro calling it too little too late and proposed a $2 user fee to fund better border controls and patrols.
MENTIONED IN THIS ARTICLE
Washington
San Diego
Federation For American Immigration Reform
Burns’ Group
Ron Brown poised to win DNC chair after rival withdraws
Ron Brown a veteran Democratic activist with ties to Jesse Jackson appears ready to secure the Democratic Party chair as rival James Stanton and Jim Jones withdraw. Brown cites endorsements from Mario Cuomo Edward Kennedy and Bill Bradley, plus AFL-CIO support, with Michigan chair Rick Wiener backing him. The party committee meets February 10 in Washington to pick a successor to Paul G Kirk Jr.
MENTIONED IN THIS ARTICLE
Washington
Ron Brown
Democratic Party
Jesse Jackson
Brown
Democratic National Committee
Michigan
Rick Wiener
Paul G. Kirk Jr
James Stanton
Ohio
Jim Jones
Oklahoma
House Democratic Caucus
Jackson
New York
Mario Cuomo
Edward Kennedy
Massachusetts
Bill Bradley
New Jersey
Afl-Cio
National Committee
Senate Judiciary Committee
Don Fowler
South Carolina
South
Charles Whitehead
Florida
Alabama
John Baker
Tower Rejects Hawk Label in Confirmation Hearing
Defense secretary designate John Tower rejected the “mindless hawk” label on the first day of his Senate Armed Services Committee confirmation hearing. He pledged a thorough defense review, promising budget cuts where needed and stating nothing is sacred in trimming the defense budget amid the deficit. Tower, a Texas Republican, noted his past role guiding the Reagan buildup and said reductions will be carefully weighed, with specifics to come later. The hearing also covered policy questions and conflicts of interest as Congress approved Baker, Dole, and Darman nominations on a 99 to 0 vote, Don Nickles abstaining.
MENTIONED IN THIS ARTICLE
Washington
Defense
John Tower
Congress
Tower
Reagan
Senate
James A. Baker III
Elizabeth Dole
Richard Darman
Office of Management and Budget
Don Nickles
R-Okla
Texas
Phil Gramm
Also Mentioned on This Page
The
Fires Milken
Ottawa
Kan
Kansas City
Bill Raley
Dale R. Thomasson
Loren Newkirk II
Wellsville
Kansas
Campbell
Skinner
Bush
Supreme Court
Louis W. Sullivan
Capitol Hill
J. Gordon Humphrey
N.H
Sullivan
Humphrey
Department of Health and Human Services
Afghanistan
Islamabad
Pakistan
Mavoseinus Our Gems
Hezb-i-Islami
Kandahar
Aiken
Aiken Standard
Hutland Drive
P.O
Aiken, S.C
Aiken Standard - Pbm
Sen. Moore
Gov. Theodore
Dan Qualye
Citizens For A Sound Economy Foundation
Big Ditch
Border
Border Patrol
Mexico
Francis A. Keating
Berlin Wall
San Ysidro
Calif
Patrick Burns
FAIR
DNC
Hawk
Texas Republican
Armed Services Committee
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