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Word: junks (lookup in dictionary) (lookup stats)
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Oblivious to the commotion he is causing, Keating table-hops and shakes hands with hotel staff. The guy acts as if he still owns the joint, as if he's still a Southwestern Gatsby peddling hundreds of millions of dollars of soon-to-be-worthless junk bonds to elderly Southern Californians. Can Keating still summon U.S. Senators--the Keating Five--to his defense at the touch of a phone pad? Or procure the services of top law and accounting firms? Or hire Alan Greenspan, who, before he became Fed chairman, gushed over the "outstanding success" of Lincoln Savings & Loan, Keating...

Author: /time Magazine | Title: CHARLIE'S AN ANGEL? | 2/3/1997 | See Source »

...dust and Keating faced a series of highly publicized trials. Prosecutors vilified him as a high-living, white-collar sociopath, and he was convicted on no less than 90 federal and state counts of fraud, racketeering and conspiracy. The main charges: that he directed the sale of fraudulently marketed junk bonds to tens of thousands of Lincoln customers and that he orchestrated a series of sham real estate transactions to inflate Lincoln's profits. Packed off to prison in handcuffs and chains under the glare of TV cameras, he became one of the most reviled white-collar criminals in America...

Author: /time Magazine | Title: CHARLIE'S AN ANGEL? | 2/3/1997 | See Source »

...recent reversal of fortune that has outraged many of the more than 22,000 losers in Keating's junk-bond schemes, all his convictions have been thrown out. Last April, a federal court found that O.J.-judge Lance Ito, who presided at Keating's 1991 California state trial, had bungled the job by issuing faulty instructions to the jury. Then, just last December, came an even bigger shock: a federal judge ruled that Keating's 1993 federal conviction was tainted. And in a separate rebuke, a three-judge federal appeals panel declared that the evidence of his guilt...

Author: /time Magazine | Title: CHARLIE'S AN ANGEL? | 2/3/1997 | See Source »

Although many of Keating's junk-bond customers consider him "the Hannibal Lecter of finance," as one put it, he clings to his claim of innocence, blaming regulators and Congress for his troubles. Indeed, some of his fellow inmates told TIME that he never admitted guilt or regret for his actions. Kevin McKinley, a convicted Irish Republican Army weapons dealer, grew close to Keating as the two walked the prison yard. As he put it, "Charlie was never a rat. He refused to sell out his associates and wouldn't compromise with the government just to get a better deal...

Author: /time Magazine | Title: CHARLIE'S AN ANGEL? | 2/3/1997 | See Source »

...which Roper mimics a white bandit as a test for his galoot partner (Michael Rapaport), there's no room for Eddie to be Eddie. It's as if Carter thought the project was a smooth vehicle that Murphy could simply ride in, when it's really a hunk-a-junk the star needed to transform...

Author: /time Magazine | Title: CINEMA: CRIMINAL MISCONDUCT | 1/27/1997 | See Source »

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