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Dates: during 1980-1989
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...grant from E.R. Squibb and Sons will support the center's Molecular Neurogenetics Laboratory research in molecular biology and techniques designed to identify and treat neurologic diseases. The Molecular Neurogenetics Laboratory, headed by Dr. James F. Gusella, is the largest of the center's 11 laboratories...

Author: NO WRITER ATTRIBUTED | Title: Major New MGH Center Will Study Neuroscience | 12/5/1988 | See Source »

...expected criminal charges could heavily damage Drexel, the fifth largest U.S. investment firm and the fastest-growing powerhouse on Wall Street. Rudolph Giuliani, the U.S. Attorney for the Southern District of New York, is likely to follow the SEC in accusing Drexel and Milken of collaborating with convicted arbitrager Ivan Boesky to defraud the firm's clients, trade on insider information and conceal the true ownership of stocks -- all, presumably, in the pursuit of greater profits and power. Milken's lawyers, for their part, accuse the Government of a vindictive campaign based solely on self-serving testimony by Boesky...

Author: /time Magazine | Title: A Heap of Woe for the Junkman | 12/5/1988 | See Source »

...competitors as Morgan Stanley and First Boston has whittled Drexel's market share from a monopoly in the late 1970s to about 50% today. For his huge contribution to Drexel's bottom line, Milken has pocketed bonuses of as much as $200 million in a year and accumulated the largest individual stake in Drexel: a 6% share consisting of stocks and warrants worth $90 million...

Author: /time Magazine | Title: A Heap of Woe for the Junkman | 12/5/1988 | See Source »

...margin amounted to a firm endorsement of the issue that totally dominated the campaign: the Canada-U.S. Free Trade Agreement. Signed by Mulroney and Ronald Reagan last January and passed by the U.S. Congress, the accord will bind the world's largest bilateral trading relationship -- last year's value was about $132.5 billion -- into a single duty-free market within ten years. Two days after the triumph, the Prime Minister's office announced that Parliament would meet Dec. 12 to approve the pact...

Author: /time Magazine | Title: Canada Those Irish Eyes Are Smiling Again | 12/5/1988 | See Source »

...leveraged buyout (LBO). Johnson would then sell off some of the company's food brands and run the remaining divisions as a private company. Surprised that a chief executive would initiate a raid on his own company, the directors nonetheless allowed him to mount what would be the largest takeover ever...

Author: /time Magazine | Title: Where's the Limit? Ross Johnson and the RJR Nabisco Takeover Battle | 12/5/1988 | See Source »

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