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...sent convicted Drug Dealer Agapito Lopez up the river to prison last year, he noted that $440,000 had been found in Lopez's Brooklyn apartment. That was merely cash on hand: in addition, the district attorney's office claims, Lopez owns three houses in New York, a car dealership, and several apartments in his native Puerto Rico. Last week Judge Douglass decided to redistribute some of Lopez's assets. He ordered the dealer to hand over more than $2 million in restitution to New York City's drug-rehabilitation programs. It marked the most sweeping invocation of victim-compensation...

Author: /time Magazine | Title: New York City: A Dealer Pays For His Crimes | 4/11/1988 | See Source »

...unconnected businesses. With 76,000 employees in 22 countries, the company operates the eighth largest insurance brokerage in the world, a sizable construction firm, an investment bank, and Mandarin Oriental, a leading chain of hotels from San Francisco to Bangkok. Its Hong Kong operations range from the local Mercedes dealership to Mrs. Fields Cookies franchises. But the core of the company's holdings is $3.2 billion worth of real estate in Hong Kong's central business district -- fully 65% of the office and commercial space in the area...

Author: /time Magazine | Title: The Taipan from Yale | 4/11/1988 | See Source »

...Senate then convicted the first-term Republican 26-4 on a charge he misused $80,000 from a protocol fund by loaning it to his auto dealership...

Author: NO WRITER ATTRIBUTED | Title: Mecham Convicted By Arizona Senate | 4/5/1988 | See Source »

...prosecution charged that the funds werepublic money set aside for use in promoting thestate and that Mecham took out the loan becausehis dealership was in financial trouble; Mechamclaimed that the money was private, and that heborrowed it only to give the state higher interestthan it was receiving...

Author: NO WRITER ATTRIBUTED | Title: Mecham Convicted By Arizona Senate | 4/5/1988 | See Source »

...years Lee Grant of Sarasota, Fla., collected a wallful of "Salesman of the Year" plaques for his skill at moving Fords and Buicks off the lot. But when the new president of the local dealership issued a strict dress code requiring all used-car salesmen to wear sport coats, Grant decided to make his own fashion statement. He went out and bought two eye-torturing sport coats -- a screaming fuchsia and a rainbow plaid -- to go with his gray and green slacks. Already annoyed by Grant's frequent catnaps and snacking on the job, Dealer Conrad Darby fired...

Author: /time Magazine | Title: Florida: The Dress of A Salesman | 3/28/1988 | See Source »

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