Junk Bond Era Ends With Drexel Burnham Fallout
The U.S. financial world faces upheaval as Drexel Burnham Lambert collapses after a $650 million federal fine and Michael Milken indictment. The Washington Post and Wall Street Journal clash over junk bonds as 1980s leverage buyouts reshape industries, with leaders like Campeau and Boesky cited. The piece argues harshly about corporate raiders, R&D cuts, and a deteriorating American economy while warning Congress and policy makers to rethink the sector’s impact.
MENTIONED IN THIS ARTICLE
Feds
Michael Milken
Drexel Burnham Lambert
Hobart Bowen
The
Washington Post
Wall Street Journal
Milken
John D. Rockefeller
Andrew Carnegie
E.H. Harriman
James J. Hill
America
Great Britain
Ivan Boesky
Tom Wolfe
Sherman McCoy
Drexel Burnham
New Wall Street
RJR
Nabisco
Salomon Bros
Michael Lewis
Barney Frank
C. Jackson Grayson Jr
U.S
Germany
Japan
Voice of the People letters on education and sportsmanship
Readers condemn the sideshow of placing Russian language teachers in the United States programs and urge more fitting subjects and respectful exchange. A Dixon spectator denounces fans at the Feb 19 girls basketball game for boos coins insults and profanity, staining the town’s reputation.
MENTIONED IN THIS ARTICLE
U.S
Russia
Dixonites
U.S. of A
Panama
States
United States
Angela Bester
Sterling
Dixon
Dixon High School
Immaculate Heart of Mary
IHM
Richard J. Stankus
LaGrange Park
Ill
Telegraph letters policy sign ed to publish
Letters to the editor must be signed and include address and telephone number. Unsigned letters will not be published. Letters should be a maximum of 400 words. Longer letters will be edited. Writers are limited to 12 letters per year. Send submissions to Voice of the People Dixon Telegraph 113 S Peoria Ave Dixon IL 61021.
MENTIONED IN THIS ARTICLE
Voice of the People
Dixon Telegraph
S. Peoria Ave
Dixon, IL
Heartguide labels stir confusion in grocery aisles
Copley News Service reports the American Heart Association's Heartguide program tests products for cholesterol and fat, with a $600,000 fee for a red heart seal. Critics say isolated food labels mislead in a nation with weak nutritional understanding. FDA actions and new labeling rules are urged for clearer guidance.
MENTIONED IN THIS ARTICLE
American Heart Association
Heart Association
The
FDA
Sacramento
Calif
I Took On Baking Cookies A Late Night Hobby
A narrator details starting to bake to satisfy a cookie craving, teaching himself from a cookbook while balancing a late night effort with weight loss goals. He recalls childhood kitchen help, misreading instructions, and the imperfect but improving results, ending with the dog now eating his cookies.
Reagan to Speak at Dixon High Lancaster Gym
Historical notes recount a planned February 27 1980 address by Ronald Reagan at Dixon High School Lancaster Gym with 4300 in attendance in his bid for president. Other items mark 1965 FFA Week activities in Amboy and 1940 Illinois dairy cow qualifiers in Lee and Ogle Counties.
MENTIONED IN THIS ARTICLE
Ronald Reagan
Dixon High School
Lancaster
Dixon
Amboy High School
Future
Lee County
Illinois
C.S. Rhode
J.G. Cash
University of Illinois, College of Agriculture
Ogle County
Also Mentioned on This Page
New York Times
William Spencer
Xerox
Predators
Robert Campeau
Abraham & Straus
Bloomingdale’s
Burdines of
Miami
Lazarus
Cincinnati
Rich’s/Goldsmith’s
Atlanta
Bon Marche
Seattle
Maas
Jordan Marsh
Tampa
Boston
Stern’s
Newark
Bonwit Teller
Garfinckel’s
Brooks Brothers
I. Magnin
Bullock’s Wilshire
Foley’s
Filene’s
Ann Taylor
Campeau
Park Place
B&o
Reading
Pat Buchanan
Voice of
People
Copley News Service
Federal Food and Drug Administration
Sia
Aine
By C.A. Maronich
Farmers of America
Alexis de Tocqueville
William E. Shaw
Mike Chapman
C. A. Maronich
Ken Brown
Sandy Burke
Brian Olmsted
Louise Brass
Lori Fagan
Ellen Farias
Patty Gluntz
Clark Kelly
Chip Marshall
Mark Sauer
Jerry Pauser
Jim Nelson
Ed Bushman
Laura Butler
Dan Etheridge
Deana Heintzelman
Cindy Matsko
Mark Robins
Kathy Od
John Johnson
Rhonda Klavenga
Jane Monroe
Bernadine Willstead
Tracey L
Hihes Mailre
Trina Rebly
Scott Brown
LeeAnn
Stephanie Heather
Thomas Mekeel
Gunars Kulikovskis
Richard Devine
Robert Wiler
Rosemary Flowers
Robert Gorman
John Jacobs
Dick Kibble
Joe Leadman
Robert Fenwick
Bruce Belman
Matt Brady
Dave Johnson
Jo Anne Mills
Carol Hemminger
Barbara Maves
Carole Houck
Joanne Smith
Delbert Pitman
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