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Fast-buck artists take note: get yourself arrested in New York City, and you could be $150 to the good if you're kept in the slammer for a night without proper amenities. That is precisely how much U.S. District Judge Morris Lasker last week ordered the city's correction department to pay every suspect kept for more than 24 hours in a holding pen that rates below minimal standards. The unusual decision culminates more than a decade of feuding between Lasker and the city over the condition of its jail cells, many of which do not have beds...

Author: /time Magazine | Title: Prisons: Crime Does Pay | 12/10/1990 | See Source »

...Kentucky-born Sharp, a professor of biology and director of MIT's Center for Cancer Research, is an extremely respected scholar whom some believe will eventually win a Nobel Prize in Medicine: He has already won the Albert Lasker Basic Medical Research Award, second in prestige only to the Nobel. His nomination was widely hailed by the MIT community...

Author: By Lori E. Smith, | Title: Search Set to Resume As Uncertainty Sets In | 2/23/1990 | See Source »

...research earned Sharp eight scientific awards, including the Albert E. Lasker Basic Medical Research Award in 1988. The award is widely regarded in the medical community as second only to the Nobel Prize...

Author: NO WRITER ATTRIBUTED | Title: Biologist Named Head of MIT | 2/17/1990 | See Source »

...correction of some sort seemed almost inevitable. Propelled by favorable economic news and a wave of multibillion-dollar takeovers, stocks had soared more than 1,000 points since the 1987 crash. But by last August some Wall Streeters were clearly worried. Noted Donald Stone, a floor specialist for Lasker, Stone & Stern: "I've been on the trading floor for 39 years, and I've never seen the market go up so fast for so long without a major break." Yet the bulls kept on running. Just last Monday the market closed at a historic peak of 2791.41, its fifth record...

Author: /time Magazine | Title: Boom, Ka-boom! | 10/23/1989 | See Source »

...Hunts' prospects in a slew of other silver-crash lawsuits, which had been put on hold pending the outcome of the Minpeco case. Two class actions filed by some 17,000 investors now await hearings before the U.S. district judge who presided over last week's verdict, Morris Lasker. The Hunt family's advisers believe that no domino effect will occur, since the other lawsuits differ in some respects from the Minpeco case. But that may be wishful thinking. Says a Government official: "The Hunts may appeal and fight for a while, but the total loss of their fortune...

Author: /time Magazine | Title: Big Bill for a Bullion Binge | 8/29/1988 | See Source »

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