Word: libeller
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Last week Flom showed some of the qualities that have made him the undisputed "King of the Takeovers." In a bold move, American Express sued McGraw-Hill for libel and "publicly disseminating false and misleading statements designed to induce McGraw-Hill shareholders to reject American Express's tender offer." Attackers do not expect to be loved, but they rarely sue for libel. The 22-page complaint was aimed at silencing Harold McGraw, the publishing company's chief, who earlier in the week took out ads harshly attacking American Express, its chairman, James Robinson, and its president, Roger Morley...
...Columnist Higgins, a lesson in libel...
Still, John Howe's personal unfamiliarity with the assessment process is unusual. Alderman Puglia calls Howe "the most unqualified assessor in the history of Massachusetts." In a deposition under oath during assessment victim Cosmo Capobianco's libel suit against Howe, Howe admitted that he has had "very little" training in the real estate business, and that he did not know the most important and elementary concept an assessor must learn--the three basic methods of appraising the value of real estate...
...interview with The Crimson, called Capobianco a Ralph "crony ... who has done nothing but steal from the city of Somerville on payroll jobs in the county." The man who personally raised Capobianco's taxes, John Howe, has publicly labeled Capobianco a "political parasite"--prompting Capobianco to sue for libel. The suit is still pending. "There's no question Howe has used assessments as a political tool," Capobianco says...
...Last week Tower refused to shake hands with Krueger, who has yet to apologize for the mailing of the article. That's serious business in a state that prides itself on hospitality, cleanliness and godliness. And to top it all off, Tower is now threatening to sue Krueger for libel...