SEC charges two in 19 million insider trading case
SEC filed a civil complaint accusing Morgan Stanley junior analyst Stephen Wang Jr. and Hong Kong based businessman Fred C Lee of illegal tips that netted Lee at least 19 million dollars. Wang allegedly provided nonpublic takeover information in exchange for over 200 thousand dollars.
MENTIONED IN THIS ARTICLE
New York
Ivan Boesky
Wall Street
Hong Kong
Securities and Exchange Commission
Stephen Wang Jr
Morgan Stanley & Co
Fred C Lee
McLean, Va
Washington
York
SEC
Wang
Lee
Boesky
Wall
New York Times Today
Morgan Stanley
Newkirk
Commission
Creston Auction Sells 922 Head of Livestock Monday
Creston livestock market saw 309 consignors deal 922 cattle calves hogs and sheep plus nine goats. Prices ranged from 5 to 38 for goats to 84 cents to 3708 for calves, with hogs at 20 to 50 and cattle including Holsteins and heifers priced from 37 to 67.50 per hundredweight.
MENTIONED IN THIS ARTICLE
Creston
GM outsider resigns as director and executive VP
DETROIT AP One of the few outsiders to reach a high post at General Motors resigned to return to private law practice. Elmer W Johnson, who left Kirkland and Ellis five years earlier to become GM general counsel, was elected an executive vice president and director on May 22 1987. Johnson, like Ross Perot, was seen as a critic of GM aiming to shrink the company. he helped GM conduct a $740 million buyout of Perot in 1986.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Elmer W Johnson
Chicago
Kirkland and Elis
Sider
Texas
Ross Perot
Johnson
Perot
Electronic Data Systems Corp
Senate Eyes Vote on Plant Closing Notice Bill
The Senate blocked a Republican bid to weaken a measure requiring companies with 100 or more workers to give advance notice of large scale layoffs and plant closings. Senate leaders plan a final vote before the July 4 recess as House leaders push quick action on the bill and an omnibus trade package.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert Byrd
Byrd
D-W.va
House
Jim Wright
D-Texas
Reagan
Nancy Kassebaum
R-Kan
Sen
Orrin Hatch
Utah
Howard M. Metzenbaum
Ohio
Metzenbaum
Wall Street Retreat as Rates and Commodities Rise
Wall Street fell Monday as higher interest rates and rising commodity prices spurred profit taking after a recent rally. The Dow dropped 34.50 to 2108.45 with 428 up, 1089 down, and 441 unchanged on 264.41 million NYSE shares traded. utilities led declines, Deere slumped on drought fears, and blue chips Exxon DuPont Kodak GE USX also fell.
MENTIONED IN THIS ARTICLE
New York
Midwest
Deere & Co
Fed expected to raise discount rate ahead of November vote
Fed watchers predict a July discount rate hike from 6.0 to 6.5 percent to tighten credit and curb inflation before the election. Analysts note past moves since March and anticipate further tightening if June jobs data show strength, with FOMC meetings looming and Greenspan to testify.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
U.S
Lyle Gramley
IX Center to install large scale metal halide lighting system
The IX Center in Cleveland will replace 8 900 fluorescent fixtures and 17 000 lamps with 1 064 metal halide fixtures from General Electric. The lighting, similar to that used in Rockefeller Center, will deliver 100 percent more illumination, daylight-like color, and greater flexibility for shows while cutting energy use and maintenance costs by 73 percent. The expo site covers 2.5 million sq ft on a 175 acre campus near Cleveland Hopkins International Airport.
MENTIONED IN THIS ARTICLE
Cleveland
IX Center
General Electric
Patrick M. Park
Park
International Exposition Center
Cleveland Hopkins International Airport
I-X Center
Also Mentioned on This Page
McLean
New
Thomas C Newkirk
Securities
For Life
America
Kentucky
Wyoming
West Virginia
Pennsylvania
Minis
Virginia
Montana
Indiana
Source
Energy Information Administration
MEA Graphics
Amrtch
Papsio
Amoca
Archon
Armco
Armtek
AllRich
Baxter
SauthCo
BethSi
Weiss
Teles
Tenaca
AGRE
ScustMy
CSA
Texaco
Chase
TexUil
Theven
Compaa Ag FE
Weyer
Oeare
Wachee
Disney
Adem DowCh
auPont
Emrse
Emrya Endesa
Excan
Freed
SC FedExp
Ae Fae Ford M
Hansen
Hewick
Auman
Ic Ind
WiPowr
NCO BO Aly
Jonda
le Kmart
Kraft
Kambc
MicHan
Ey Masur
Sr Morgan
Creston Livestock
Dems
Southern California Edison
Northern
States Power
Exxon
DuPont
Eastman Kodak
USX
Basting Sales Anovil Rati
Jas
April
Fed-watchers
Central Bank
Federal Open Market Committee
Alan Greenspan
Senate Banking Committee
Rockefeller Center
BP America
National City Center
Lam
Pierre Ro
Stasth & Cohae
Lover
LB Bancorp
Hills Dept
Woolworth
Wi TC Industries
Bite
Invacare
Big York International
Love
Mon
Mitsubeshia
Mitsubisht
Stewart
Cleveland St
Elyria
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!