Cartier Tax Evasion Nets Big Names at New York Jewelers
New York Mayor Koch notes most people are honest but Cartier Inc executives face indictment for a scheme shipping phantom jewelry to out of state addresses while buyers took possession and avoided 8.25 percent sales tax. The practice, common among the carriage trade, signals broader evasion in a city with high taxes.
MENTIONED IN THIS ARTICLE
New York
Koch
Carrier’s
Carlier
Cartier Inc
Cartier
Fifth Avenue
Park Avenue
Roderick Chu
John
Newhouse News Service
Brock's Labor nomination signals tight cabinet swap
Washington notes Brock's move to Labor creates a critical vacancy as he leaves the role of special trade representative. Critics say the administration faces difficulty filling the slot and that Labor remains a weak point in the Reagan Cabinet while political optics take precedence over bold policy.
MENTIONED IN THIS ARTICLE
Brock
Labor
Washington
Bill Brock
Reagan
Raymond Donovan
Jackie Presser
The
Teamsters
Teamsters Central State Pension Fund
Donovan
Afl-Cio
Lane Kirkland
New York
Republican Party
Ronald Reagan
Do Er
U.S
Brazil
Mexico
Europe
White House
Donald Regan
Red Riding Hood Ends Wolfish Merger Plot on Wall Street
In a symbolic corporate fairy tale set on Wall Street Red Riding Hood and Grandmother Pizza confront a wolf bent on a hostile takeover. The heroine uses a leveraged buyout to seize control, spinning off the wolf to Standard Oil of New Jersey as the industry watchdogs watch.
MENTIONED IN THIS ARTICLE
Red Riding Hood
Little Red Riding Hood Inc
Wall Street
Big Wolf
Amalgamated Wolf
Grandmother Pizza
Red Riding Hood Inc
World Trade Center
Grandmother
SEC
Standard Oil
New Jersey
Protecting nest eggs in a crisis of banking failures
In a critique of deregulation, the piece argues that Ohio’s Home State Savings loss of about 100 million amid a fraud case shows the banking system remains vulnerable. It cites 1984 FDIC failures, compares federal oversight failures with Butcher and ESM-style schemes, and urges balanced regulation to prevent depositor losses.
MENTIONED IN THIS ARTICLE
Washington
Ohio
Home State Savings Bank
ESM Government Securities Inc
Fort Lauderdale
Fla
ESM
Federal Deposit Insurance Corporation
Jake Butcher
Knoxville
Teon
Butcher
United American
Memphis
Tenn
Lexington
Federal Home Loan Bank Board
Previers
Also Mentioned on This Page
John McLaughlin
Meese
John Herrington
Energy
William Bennett
Regan
Walter Wriston
Citibank
Wriston
Winston
Barber Conable
Lione
Olier
Olivier
Defense Department
Joseph ‘Kraft
Little Red Riding Hood
Art Buchwald
Securities and Exchange Commission
Carl T. Rowan
Bausch & Some
Sofspin
sOnk
Care Systems
Doctors OF Optometry NG Optica
Pennsylvania
Jersey
ILUHO
Tates
Tadison
Penn Can
South Bay Roo
Clay
Sanka
General Foods Corporation
Sina
Eo Fatale
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!