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Though accused of no wrongdoing, in the middle of the affair was Carson's third wife Joanna. According to a suit filed by the Securities and Exchange Commission, she sat in for part of a meeting last Oct. 22 between her husband and Andrew Frankel, chairman of National Kinney Corp., a New York parking garage and real estate development firm. The subject was the proposed purchase of the Aladdin Hotel by National Kinney. Under an agreement that was to be announced two days later, Carson and Kinney planned to rename the property Johnny Carson's Aladdin Hotel...

Author: /time Magazine | Title: Business: Aladdin's Rub | 7/14/1980 | See Source »

...hours after the session, Joanna Carson was at the Beverly Hills Health Club for Women. From there she phoned her brother Peter Ulrich in West Seneca, N.Y., and told him about the casino plan. Ulrich quickly bought 2,000 shares of National Kinney, which he sold over the next three months, after the Aladdin-Carson announcement, at a $4,228 profit. Joanna Carson also told Emily Johns, the health club's membership sales director, who bought 1,000 shares of National Kinney the next morning and sold them several days later for a $1,260 gain...

Author: /time Magazine | Title: Business: Aladdin's Rub | 7/14/1980 | See Source »

...Commission became curious about National Kinney after learning that the number of its shares traded on the American Stock Exchange had precipitously jumped from an average 7,000 a day to over 100,000 daily for a while. Investigators obtained a list of traders, and the trail led to Joanna Carson and the others. Under terms of a settlement with the SEC, the four insiders must turn over their profits to the original stock owners...

Author: /time Magazine | Title: Business: Aladdin's Rub | 7/14/1980 | See Source »

...Business Day organizers last week bypassed New York City, the epicenter of corporate America, as too diffuse to be attacked. Instead they trained their guns on a Washington gathering in the Cannon House Office Building. Some moments in the daylong affair were moving. Joanna Hale, 26, representing the Love Canal Homeowners' Association, denounced Hooker Chemical Co. for the chemical waste seepage in Niagara Falls, N.Y., that they say made residents ill. Joyce Bichler, who underwent a hysterectomy at 18 because her mother was given the drug DBS during pregnancy to prevent a miscarriage, declared: "Eli Lilly has given...

Author: /time Magazine | Title: Business: Nader's Antibusiness Bust | 4/28/1980 | See Source »

...Monterey Park, Joanna Dressier was packing suitcases to flee when she heard a thud. Said she: "I looked outside and saw my husband and two friends being pushed by the mud against and underneath a car. I couldn't get the front door open, so I bashed a window. I threw my dogs out, then I jumped out." Her husband and friends survived, but her house was badly damaged. Ray Linton, another Monterey Park resident, salvaged little more than a stereo, a couple of cans of honey and some dented pans from his house, which collapsed. For drinking water...

Author: /time Magazine | Title: Environment: Nightmare in Southern California | 3/3/1980 | See Source »

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