Word: lawson
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...another age called the "little people." Forty years ago, Joseph Mitchell, the New Yorker writer, bridled at this condescension: "They are as big as you are, whoever you are." With that in mind, herewith the cases of the guitarist, Carew-Reid; the student, Cat Nguyen; and the entrepreneur, Edward Lawson...
...dictum that for every wrong there is a right is not true reality. There are a lot of people out there who have been wounded, with no remedy." This is Ed Lawson talking, and can he talk. It is a stunning San Francisco dawn, and Lawson has rejected an invitation to breakfast. "I do not like to do two pleasurable things at once, converse and eat. I find one gets in the way of the other. We'll find someplace outdoors to languish." In moments he secures a public bench not far from Union Square, and occupies it with...
...Lawson ran into trouble in San Diego, where, as an "avid pedestrian," he was stopped repeatedly for vagrancy on his midnight walks, prosecuted twice and convicted once under a provision of the state's penal code that required him to produce "credible and reliable" identification for any police officer who had reason to be suspicious. Lawson saw the matter simply: he was black, his looks were not conventional, and he was treading white sidewalks. His suit called the law unconstitutionally vague and said it violated the Fourth Amendment's guarantee against "unreasonable searches and seizures" and the Fifth Amendment...
...took a terrible beating for years," Lawson says, drinking in the day. "Somewhere back in here is Melvin Belli's office." He sweeps an arm round San Francisco. "I sat there. He said, 'No remedy. No money in it.' I went to the best-known attorneys, the highest priced. They said by and large you don't win against the police department. They didn't understand that I knew I could beat them on my own turf, the media. Most people who can communicate, communicate. Those who can't, carry guns. I thought surely at some point sanity would prevail...
...Nihon Keizai Shimbun, Tokyo's respected business daily, headlined an editorial VOLCKER'S RESIGNATION IS VERY REGRETTABLE. But Takeshi Ohta, deputy governor of Japan's central bank, said with evident satisfaction, "Mr. Greenspan is the best successor that the President could have chosen." British Chancellor of the Exchequer Nigel Lawson called Greenspan's appointment an "excellent choice." In the U.S., where Greenspan is much better known, most economic thinkers and money managers hailed the Fed newcomer -- once they had regretted Volcker's departure. Said Frederick Joseph, chief executive officer of the Drexel Burnham Lambert investment firm: "Volcker had credibility. Greenspan...