Word: calif
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Dates: during 1980-1989
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...Merrill Lynch fired Dillon late last month after it discovered his suspicious trading pattern. Prudential-Bache, detecting an apparently separate but very similar scam, late last month fired a broker in its Anaheim, Calif., office whom it has accused of getting early copies of Business Week from a printing plant in Torrance, Calif. Last week the company that operates both plants, R.R. Donnelley & Sons (which also prints some copies of TIME), fired three workers; a fourth resigned...
Often the cash vanishes from vaults only to reappear in the wallets of executives, who use it for personal pleasure. After Bell Savings and Loan of San Mateo, Calif., failed in 1985 with losses totaling $495 million, authorities found that Partner David Butler had used corporate funds to buy expensive racing airplanes for his exclusive use. Butler pleaded guilty to two felony counts and is awaiting sentencing. In the ongoing investigation of the failure of Texas-based Vernon Savings and Loan, in which regulators charge that top officials have looted the S and L for their own gain, former Senior...
...drugstores, supermarkets and convenience stores. One 27-year-old New Jersey executive, who admits to a "private blush" as she bought her first box of condoms, appreciates the new openness. "They weren't at the counter," she says. "I could comparison shop." Mentor Corp., based in Santa Barbara, Calif., helped crack the women's market in 1986 with the slogan "Smart Sex in the '80s." Says Christopher Conway, head of the firm: "We've found what women want is facts, not glowing, sex-is-wonderful advertising...
...Jesus may have been crucified by mistake. History suggests that the Romans regularly rounded up dissidents and executed them without trial. Jesus may "accidentally" have been caught in one of these periodic sweeps, suggests the Rev. Burton Mack, a Presbyterian at the School of Theology at Claremont, Calif. "Maybe he was trying out one of his kingdom of God ideas in the company of some boisterous Galileans -- a bad idea at that time...
When the J. Paul Getty Museum in Malibu, Calif., unveiled its latest acquisition two weeks ago, scholars applauded the work as a masterpiece. Dating from the 5th century B.C. and believed to represent Aphrodite, the Greek goddess of love, the marble and limestone figure drew praise for its unusually good condition and majestic beauty. But Getty officials, who reportedly paid $20 million for the piece, may have got more than they bargained...