Word: lerman
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Lawyer Steven Lerman, who represents WYSP, put it most succinctly: "What was protected speech yesterday is not protected speech today." Yesterday's innuendo, he suggests, is today's indecency. Yet Lerman predicted that because the FCC has the singular power to bestow and withdraw licenses, broadcasters will be reluctant to jeopardize their franchises by testing the agency's ruling in court...
...production will also feature the musical work of composer Richard Lerman and Radcliffe pottery studio supervisor Nancy Selvage. The soundtrack includes traditional ballet music, electrically synthesized music, and recordings of athletic sounds, such as fencer's swords clinking...
...back meant that Zaccaro was indirectly subsidizing his wife's campaign. In effect, she was selling her share of the property to him, with Lerman acting as an intermediary, and then using the proceeds to repay her husband and children. This would not be considered a gift and therefore a violation of election laws unless the value of the property was inflated, exceeding a fair market price at the time she sold her share...
...Ferraro campaign staff points out that Zaccaro could have simply bought his wife's property directly without going through Lerman, but "because of the recent FEC experience it did not occur to him." Again, for such a transaction to be legal it would have to be an arm's-length, market-value deal. In view of Ferraro's whopping profit after just five months, it is not entirely certain that the sale and repurchase met this standard...
...profit on the building sale. They listed the original purchase price as $90,311, which was accurate enough ($87,750 plus $2,561 in closing costs). But they said the building was sold for $96,500, for a capital gain of only $6,189. This ignored the fact that Lerman had assumed her $62,300 mortgage. Accountants from Arthur Young & Co., recently hired by Ferraro to review her finances, discovered the omission almost at once. It meant that Ferraro had to pay an additional tax of $29,709, plus $23,750 for ive years' interest. She wrote...