Word: greenspuns
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Dates: during 1970-1979
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...quietly began to acquire 420,000 shares, or 5%, of the company's outstanding stock. To finance part of the purchase, he borrowed $850,000 from a City National Corp. subsidiary. Meanwhile, he and his attorney, Beverly Hills Lawyer Milton Rudin, and their allies, Las Vegas Publisher Hank Greenspun and Wife Barbara, bought up another 5% of Webb's stock...
Mismanagement Charge. The company's directors were thoroughly alarmed at the intrusion. Last October, before the Sinatra group was rebuffed in its attempts to gain representation on the board, Greenspun filed a suit charging mismanagement and misappropriation of funds against the present corporate management. His special target: Chairman and President Robert H. Johnson. Johnson is also the executor of Del Webb's estate, which owns about a third of the stock, and the principal director of the Del Webb Foundation. "What is good for the estate is not necessarily good for the public company," argues the pugnacious Greenspun...
Fighting back hard, the company launched a suit against Sinatra, Rudin and the Greenspuns, charging that they had sought to force Webb to hire certain entertainers for the Nevada casinos and to sell certain properties. "Their allegation is absolutely untrue," says Greenspun...
...private files. Soon after, while his servants in Nevada were in a state of confusion over his sudden departure, someone entered Hughes' 9th-floor penthouse in the Desert Inn and removed sheaves of his personal memos. Most of them ended up in the hands of Hank Greenspun, editor and publisher of the Las Vegas Sun. He published some of them and showed others to a few journalists writing about Hughes. Most of the memos remain secreted by Greenspun...
...Vegans perceive Greenspun as something of a menace himself. His ad hominem attacks offend some readers. Others recall his 1940s public relations work for "Bugsy" Siegel's Flamingo Hotel and wonder if Greenspun is still friendly with local mobsters. "That's the goddamnedest, most fabricated lie," he says, and points as proof to his occasional diatribes against organized crime. Adds Greenspun: "When you live in this town, you're rubbing shoulders with every facet of society...