Word: lamberts
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...proposed penalties was enough to provoke a collective gasp among Wall Streeters. Last week a federal grand jury in Manhattan charged junk-bond king Michael Milken, 42, his brother Lowell, 40, and Bruce Lee Newberg, 31, a former colleague of theirs at the investment firm Drexel Burnham Lambert, with a total of 98 felony counts of stock manipulation, insider trading, racketeering and other crimes. The indictment calls for the three accused to forfeit their total compensation of $1.5 billion for 1984 through 1987 (plus interest of $257 million) and pay fines of $3.7 billion. If convicted on all counts, Milken...
...Ueberroth and Thomas Talbot, a former airline executive from California, would own 30 percent of the airline. Eastern's unions would get another 30 percent of the company in exchange for wage and work-rule concessions. The remaining 40 percent would be held by new investors, including Drexel Burnham Lambert Inc. and Ardshiel Inc., a smaller New York firm...
...sides to settle on a price, his next job may be more difficult. In its last days, the Reagan Administration stated it had no objections to water marketing (in a memo written by an Assistant Secretary now handling water- project bonds at Drexel Burnham Lambert). But other voices may object to the idea that farmers who receive subsidized water for crops, and further subsidies not to grow those crops, should profit handsomely on the sale of the subsidized water. Willey argues that the profits will be going to produce new public benefits: irrigation systems that use less water and produce...
Scoring PlayerGl A Pts Pen PM Kyle McDonough 27 28 55 25 58 Ian Boyce 15 26 41 13 26 Jim Larkin 16 18 34 4 8 Jim Walsh 13 19 32 15 38 Ricker Love 9 20 29 10 20 Duke Stump 12 16 28 14 28 Dan Lambert 11 10 21 5 10 John LeClair 9 12 21 20 40 Jerry Tarrant 3 18 21 27 54 Marc Lebreux 8 10 18 17 32 David Browne 5 10 15 11 22 Jim Fernholz 3 11 14 8 16 Dennis Miller 3 9 12 6 12 Mike McLaughin...
...McDonough 32 27 28 55 24 5 6 Ian Boyce 29 15 26 41 13 26 Jim Larkin 32 16 18 34 3 6 Jim Walsh 32 13 19 32 15 38 Ricker Love 30 9 20 29 10 20 Duke Stump 26 12 16 28 14 28 Dan Lambert 32 11 10 21 5 10 John LeClair 18 9 12 21 20 40 Jerry Tarrant 32 3 18 21 26 52 Marc Lebreux 32 7 10 17 17 32 David Browne 30 4 10 14 11 22 Jim Fernholz 24 3 11 14 8 16 Dennis Miller...