Word: markowitz
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...time, young Edward Markowitz of Washington, D.C., seemed to have everything going for him. While still in his early 30s, he became a successful promoter of tax shelters and earned enough to buy a Rolls-Royce, several racehorses, a $500,000 home overlooking Washington's Rock Creek Park and a 2.5% stake in the Washington Capitals ice-hockey team. Among the investors who flocked to his deals were a host of celebrities, including Filmmaker Woody Allen, Comic Bill Murray, Actors Christopher Walken and Frank Langella, TV Personality Dick Cavett and Author Erica Jong...
...Markowitz, now 35, publicly admitted last week that the shelters were part of a colossal sham that authorities called "the largest tax-fraud case ever prosecuted." In a federal district court in Manhattan, he pleaded guilty to conducting a scheme that enabled about 200 taxpayers to take illegal income tax deductions amounting to more than $445 million. Allen, Cavett and the other celebrities who participated in the shelters were named as unwitting victims of the fraud...
...Thirteen states have decriminalization now. I don't see why Maryland shouldn't be one, too," said student Gregory Markowitz...
...treatment developed by a New York dentist may prove to be the best option. At Elmhurst City Hospital, in Queens, N.Y., Dr. Jerome Markowitz has been custom fitting cleft-palate babies with what he describes as an "overextended denture without teeth." The plate allows infants to be given an ordinary bottle or even to be breast-fed in a normal position. Markowitz tries to get the device into place within 24 hours after birth so that the baby will not consider the object foreign. It takes him about an hour to make an impression of the baby's mouth...
Besides making feeding easier, the device shortens the newborn's hospital stay. Moreover, once the child is home, its preverbal crying and gurgling noises sound reassuringly normal to parents. Finally, and most important, the plate actually appears to foster to some degree the closing of the palate. Markowitz, who has been using such plates for seven years, says, "I've seen drastically defective palates fill in by 70% to 80% in ten months." Perhaps as a result, children fitted with the gadget seem to develop clearer speech than most cleft-palate youngsters. Says Plastic Surgeon Saul Hoffman, director...