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Bank of America fell victim to an elaborate mortgage-securities scam involving overvalued real estate in the Southwest. In one instance, according to charges in a lawsuit filed in Texas, a company run by Southern California Businessman Kent B. Rogers bought three apartment complexes in Houston for about $12 million and hired an appraiser to value them at twice their true worth. Then a Rogers associate bundled the inflated mortgages on the apartments into securities that were sold to savings banks and other investors. Bank of America investigators are looking into why its Inglewood, Calif., branch agreed...

Author: /time Magazine | Title: Dirty Cash and Tarnished Vaults | 2/25/1985 | See Source »

...credit. Wetland suspended three of his regulars for fighting in the Beanpot final against B.U. As a result, two of the four Harvard defensemen who skated against Cornell had never before played for the varsity. Partly because of that, Cornell "came in probably a little overconfident," says Kent parrot...

Author: NO WRITER ATTRIBUTED | Title: 10 Best Games: A Study in Drama | 2/16/1985 | See Source »

TORONTO--John Hiller, a former Detroit Tiger relief ace, and Jack Kent Cooke, the flamboyant Washington Redskins owner, were among five named for induction into the Canadian Baseball Hall of Fame...

Author: NO WRITER ATTRIBUTED | Title: Scoreboard | 2/7/1985 | See Source »

RIGHT AFTER dedicated doctors but before crusading coroners, journalists have recently come to occupy the spot of "most heroic profession." Walter Cronkhite, Wood ward & Bernstein, Lou Grant; in the public eye there is often a suspicion that underneath those Lois Lane outfits and Clark Kent glasses lurks the big red S, out to correct the injustices of the world with the blinding light of truth...

Author: By Cyrus M. Sanai, | Title: Cambodia Witness | 1/21/1985 | See Source »

Sendak would have one believe that the most exciting aspect of this literary event is the story of how Kent Stowell of the Pacific Northwest Ballet convinced a reluctant Sendak to design a new production of the ballet. The familiar stage version is not Hoffmann at all, but rather a hybrid based largely upon Alexander Dumas's bland synthesis of Hoffmann's novella. Sendax became interested in the Nutcracker, when he learned that Stowell intended to crack the old Dumas chestnut with Hoffmann's stronger Nutcracker. The Seattle production was a great success. The triumphant ballet complements the publication...

Author: By T. NICHOLAS Dawidoff, | Title: Mixed Nuts... On The Stage... And On The Shelf | 12/15/1984 | See Source »

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