Drexel settles SEC case and faces criminal plea includes Milken tie
Drexel Burnham Lambert wins a civil settlement with the SEC under strict supervision and must sever ties with Michael Milken while preparing to plead guilty to six felonies and pay 650 million in fines and restitution. The deal comes after years of securities fraud scrutiny and criminal charges.
MENTIONED IN THIS ARTICLE
New York
Drexel Burnham Lambert Inc
Wall Street
Securities and Exchange Commission
Drexel
Michael Milkenta
U.S
Milton Pollack
Baptists Dedicating New National Headquarters in Nashville
National Baptist leaders push to raise 1 million to cut 7.5 million debt as the 10 million facility opens. About 20 000 Baptists expected to attend the dedication at the Bordeaux area next to American Baptist College amid stormy weather concerns.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
National Baptist
National Baptists
John Corbitt
National Baptist Congress of Christian Education
Corbitt
Greenville
S.C
Bordeaux
Nashville
Baptist World Center
American Baptist College
Technician dies from monkey herpes virus in Kalamazoo area
A 23 year old International Research and Development Corp. technician in Mattawan died after contracting B virus from a laboratory monkey bite. Twenty one co workers face significant infection risk as 110 people with lab contact are tested by the state Health Department.
MENTIONED IN THIS ARTICLE
Kalamazoo
Mich
International Research and Development Corp
Mattawan
Bronson Methodist Hospital
Bill Russell
William Hall
State Department of Public Health
North sentencing postponed over juror alleged lies
Oliver North's sentencing is delayed as the judge reviews defense claims that juror Tara King lied during voir dire about a brother's armed robbery conviction and others' arrests. The defense also says her post verdict statements about drug use imply impairment during the trial.
MENTIONED IN THIS ARTICLE
Washington
Oliver L. North
White House
U.S
Gerhard A. Gesell
North
Tara King
Ms. King
Swindall Convicted Of Lying To Grand Jury
Former Congressman Pat Swindall, eight months after leaving office and a Senate bid, was found guilty on nine counts of lying to a grand jury in a drug money laundering sting probe. He faces 10 months to five years per count and up to $250,000 fines, with sentencing set for Aug. 25.
MENTIONED IN THIS ARTICLE
Atlanta
Pat Swindall
Senate
Swindall
Sam Nunn
D-Ga
Udercover
Internal Revenue Service
IRS
Tourists Reach Safety After Maxim Gorky Incident
Hundreds of tourists and crew reached Spitsbergen after abandoning the Maxim Gorky 630 foot liner 300 miles east of northern Greenland. Rescue helicopters ferried 79 more to Longyearbyen as Soviet recovery teams tended the damaged ship and two sister vessels, Zarya and Pechenega, stood by.
MENTIONED IN THIS ARTICLE
Oslo
Norway
Ao Ing
Coast Guard
Spitsbergen
Greenland
Longvarbyen
West Germany
Tass
Maxim Gorky
Nuts linked to lower fatal heart attack risk in California study
California Seventh-Day Adventists in a six year study show that eating nuts at least daily halves the risk of fatal heart attack compared with non eaters. Nuts appear to reduce both fatal and non fatal heart disease though researchers caution findings apply to one population and need confirmation.
MENTIONED IN THIS ARTICLE
Washington
California
Seventh-Day Adventists Church
Gary E. Fraser
Fraser
Watkins delays defense plutonium refinery plan study
Energy Department will conduct a formal Environmental Impact Statement on a prototype plutonium refinery at Lawrence Livermore, delaying the planned Savannah River Site plant near Aiken by at least two years. Rep. John Spratt says the delay follows potential environmental challenges and aims to reassure safeguards before moving the project forward.
MENTIONED IN THIS ARTICLE
Washington
Energy Department
House Panel
Savannah River
Aiken
John Spratt
D-S.c
Special Armed Services Committee
Energy
James D. Watkins
Will Callicott
Department
Watkins
Congress
Callicott
Spratt
Lawrence Livermore National Laboratory
San Francisco
Livermore
Idaho National Engineering Laboratory
Idaho Falls
Jailed Union Leaders Freed Spurs Ongoing Mine Strike
The wildcat coal miners strike spreads across Appalachia and the Midwest with 28 000 workers off the job. CSX reports coal car loadings down about 1000 per day, potentially affecting 2500 employees if the walkout continues. Three jailed union leaders released in Virginia promised to obey a federal judge order against sit down protests.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Appalachia
Midwest
CSX Transportation Inc
John W. Snow
CSX Transportation
Jacksonville
Fla
CSX
Suzanne Walston
Virginia
Lebanon
Pittston Coal Group Inc
Pittston
United Mine Workers
West Virginia
Kentucky
UMW
Bituminous Coal Operators Association
Also Mentioned on This Page
Drexel-Sec
Hurt
William Hurt
Sandra Jennings
Hart
Ms. Jennings
A. Richard Golub
Jennings
Alexander
Golub
Martin Shelton
Jacqueline Silbermann
Shelton
Baptists
Aiken Standard
Rutland Drive
Aiken Standard, P.O
Aiken, S.C
Home Delivery
Aiken Standard - Pbm
Aiken Communications Inc
P.O. Box
The
Associated Press
Ben Jones
Charles LeChasney
Arctic
Says Watkins
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