Word: lloyds
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...hasn't been easy for everyone. "After living together for about half a year, all of a sudden roommates are forced to re-examine many aspects of their personal relationships," Lloyd B. Schmidt '81 said...
...tenth anniversary of what Commander Lloyd Bucher calls his "footnote in history," but the former skipper of the U.S.S. Pueblo doesn't believe in brooding. "I'm not a morose type of person. The sharp edges of Korea have eroded," says Bucher, 50, who spent eleven months in a North Korean prison after the capture of his ship. Since his retirement from the Navy in 1973, Bucher has done a bit of writing and lecturing. His topic on the lecture circuit: "What's Right with America." He has also taken up an old hobby, painting with watercolors...
...cited one deal in which a customer was billed $8,000 for an option that was being sold for $2,500 by other firms. Indeed, investigators wonder whether the firm ever made any of the options purchases that it claimed to. Two of the three London-licensed traders that Lloyd, Carr supposedly used as brokers deny ever having had dealings with the firm; the third, based in Bermuda, turns out to be owned by Carr...
Last week a federal judge in Massachusetts ordered the firm to cease operating and placed it in receivership. Many questions remain as to why the regulators did not investigate and act sooner. Although the CFTC denied the firm registration, Lloyd, Carr continued its operations for several months while challenging a shutdown order. Criminal fraud was never an issue during that period. However, some critics maintain that the CFTC withheld evidence that hampered state investigations. At week's end the only response from embarrassed CFTC officials was that they were not changing operational methods. As for the elusive Abrahams: Criminal...
...claim that their clients are stigmatized by the career-criminal category, even though the trial jury never learns the defendant has been specially labeled. The career-criminal program has reduced the gap between arrest and trial to about 60 days in some cities, a marked improvement. Remarks Boston Prosecutor Lloyd Macdonald: "Defense attorneys are always trying to stall...