Milken testifies against friend and admits mistakes
Michael Milken testified against longtime associate Alan Rosenthal describing illegal trades in 1985 and 1986. He admitted past crimes and said he might not have executed those transactions if given more opportunity to think. The Drexel Burnham Lambert figure cooperates with prosecutors seeking a sentence reduction.
MENTIONED IN THIS ARTICLE
NEW York
Michael Milken
Alan Rosenthal
Milken
Wall Street
U.S
Nelson Cunningham
Drexel Burnham Lambert Inc
San Francisco
Rosenthal
David Solomon
Drexel
Freedom Festival Art Fair Seeks Local Artists July
Advertises JoAms City Art Fair during Freedom Festival inviting artists to sell art with contact numbers 362 7002 and 398 8234. Includes multiple ads for bingo events, florists, and services like chiropractic, tours, and antique notices. The page lists several businesses and events with phone numbers and locations across the Gazette Classified.
Senate approves ban on state sports betting nationwide
The Senate voted 88 to 5 to ban state sponsored gambling on sports with a House review pending. Nevada Montana Delaware Oregon and North Dakota may keep existing authorized games but cannot expand beyond Oct. 2 approvals. Grassley warned on states rights and integrity of professional sports.
MENTIONED IN THIS ARTICLE
Senate
Associated Press and Gazette
Washington
House
Bush
Nevada
Montana
Delaware
Oregon
North Dakota
Charles Grassley
Iowa
Tom Harkin
Grassley
Congress
GAO urges stronger U S suits over failed banks and S&Ls
GAO says at least 1 billion dollars in civil claims are lost due to staffing gaps and weak management at the RTC and FDIC. Officials warn broader lawsuits could target bank executives accountants and lawyers involved in failures. Agencies defend efforts while field attorneys work long hours to meet deadlines.
MENTIONED IN THIS ARTICLE
Washington
Harold Valentine
General Accounting Office
Resolution Trust Corp
Federal Deposit Insurance Corp
S&ls
FDIC
RTC
Valentine
GAO
Administration of Justice
Justice Department
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Managua
Miami Herald
United States
JoAms
Ges
Emerald Knights
Pierson’s Florists
Ellis
Center Point Rd
Mt. Vernon Road
Michael Zmoos
Robert E. Mason
Wxks ‘Elk’s
33Rd Avenue
Carina
Mister Perfect
Flanagan
Ellis Blvd
Pat
Betty
United Tours
Gazette
Gazette Classified
Adv
RRR
Hawkeye Downs
Kkn
InstaCare Medical Clinic
42Nd Street
N.E
Bujoy
Story Times
Cedar Public Library
Westside
Kenwood
Iris
Honey Creek Orchards
Swisher
Sandy
Johnny’s Parkway
Johnny's Parkway
Salisbury
Mr RR
the Travel Company
Monty
Mount Calvary Cemetery Memorial Day
Weather Shield Corp
Gazette Classice
Schumacher
Edgewood Road
St. Luke’s
Call
Mwrra Woosley Tours
Greene
Jackpot Junction
Lightening Electronics
Edgewood Plaza
Blooming Hill
Rosedale Rd
Peggy’s Petal Patch Ltd
Anamosa
Marion Belgas
Fox Eye Institute
Marion
Collins Rd
Lindale Mall
Terry Branstad
Phil Smith
Branstad
Senate Banking Committee
Sen
Donald Riegle Jr
D-Mich
Riegle
Norwest Credit
Norwest Visa
MasterCard
Visa
Discover
Norwest
Norwest Banks
Cedar Rapids