Fall From Grace and Naps Mark 1988 Headlines
Alexander pleaded guilty to a 40 count federal indictment and was sentenced to 10 years in prison with over 1.2 million in assets to surrender. The city plans to sue Alexander and associates to recover losses from inflated fees tied to kickbacks during his 16 years as mayor. Meanwhile Great Northern Mall opened with two major stores and 91 shops, as Carousel Center plans emerged in nearby Oil City with a 75 million dollar tax break deal and new urban redevelopment ideas around Plum Street and Onondaga Creek.
MENTIONED IN THIS ARTICLE
Alexander
Great Northern Mall
Uta
Robert Congel
Oil City
Congel
Conger
Pyramid Cos
Plum Street
Benjamin Franklin
Franklin Juare
Former Mayor Pleads Guilty and Mall Taxes Pact
Former Mayor Lee Blevander pleads guilty to racketeering and receives a ten year prison sentence. The Pyramid Gas agrees to pay the city seventy five million dollars over fifteen years in lieu of taxes on Ot City renovations and the Carousel Mall. Great Northern Mall opens in Clay. Kevin McQuain, nineteen, pleads guilty to stealing a skull from a Syracuse mayor for an ant project at Syracuse University. Thirty five Syracuse University students and a Clay couple die when a bomb detonates aboard Pan Am Flight 105.
MENTIONED IN THIS ARTICLE
Scotland
Lockerbie
Syracuse University
Top Signs
Lee Blevander
Priso
Pyramid Gas
Great Northern
Kevin McQuain
Syracuse
Truth and tabloids collide in a 1990s pop culture mix
The piece surveys health and lifestyle shifts among young adults, celebrity scandals, TV personalities, and notable events from the era. It notes Elvis’s 1977 death misremembered, media spectacles on talk shows, Bowing to public health trends, and high profile celebrity headlines including Pelosi, Trump, and Bellwether figures.
MENTIONED IN THIS ARTICLE
Elvis
Morton Downey Jr
Geraldo Rivera
Phil Donahue
Roseanne Barr
Year of sport and scandal looms in 88 memories
A retrospective on 1988 sports recalls Kirk Gibson's World Series homer, Ben Johnson's doping scandal, and Seoul Olympics drama. It weighs professional aggression against amateur ideals, noting Matt Biondi’s seven medals and Johnson’s fall from grace while questioning the pursuit of victory at any cost.
MENTIONED IN THIS ARTICLE
Tom Browning
le Moyne
Orel Hershiser
Kirk Gibson
Dodgers
New Orleans
Auburn
Pat Dye
Seoul
Ben Johnson
Speed
Johnson
Canada
Fiora
Matt Biondi
USA
John Thompson
Jimmy
1988: Big money moves and market upheaval across nation
A retrospective notes 1988 as a year of record deals and penalties with the SEC top fines, the Nabisco bid by KKR at 25.07 billion, and the fall of Drexel Burnham Lambert for insider trading. The drought, mortgage and savings institutions actions, and wage declines marked a turbulent year. Local notes mention Pyramid Cos tax pact, Oil City redevelopment, Great Northern Mall opening, and Goetzmann’s collapse.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
Pyramid Cos
Syracuse
Bihe
United States
Oil City
Warjr Nabisco
Kohlberg Kravis Roberts & Co
Drexel Burnham Lambert
Conger
Onondaga County
Great Northern
Clay
Harry £. Goetzmann
Continental Information Systems
Liggett Group Inc
RJR Nabisco Inc
Drexel Burnham Lambart and
Caveral
Ineldar
Wall Street
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