Word: lamberts
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Dates: during 1980-1989
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Talks then stalled over KKR's insistence that Drexel Burnham Lambert manage the buyout's junk-bond financing. KKR contends that only Drexel has the savvy to sell the record $5 billion in high-yield bonds that is needed. But RJR Nabisco's managers are concerned that the buyout could be jeopardized if Drexel and Michael Milken, its junk-bond wizard, are indicted for securities fraud, which is expected to occur soon...
Take the case of Penn (7-0), first place in the Ivies and the Northeast's only undefeated Division 1-AA team. While the selectors for the Lambert-Meadowlands Trophies--which honor the best teams in the Northeast--think Penn deserves a top ranking, the national Divison 1-AA Top 20 poll has completely ignored the Quakers...
Delaware (6-2), Villanova (5-2-1) and Lafayette (6-1-1)--all listed behind Penn in the Lambert-Meadowlands poll--are nationally ranked in the Division 1-AA poll. But where are the Quakers...
...also possible to waive the age limit of 21 years. Erika and Luke Lambert say that their parents recently left to become mission presidents in Cleveland, and their 19-year-old sister was allowed to go on her mission to Madrid so that she can be away at the same time as her parents...
...Luke Lambert, who travelled to Mexico, was spared the problem of returning to his college after an absence. He spent his freshman year and sophomore fall at Dartmouth College, and when he left for his mission, the school's rules required him to withdraw. He says he had been thinking of transferring to Harvard, and, when he returned from his mission, the separation made it easier...