Word: morgan
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Rather than obey a judge's order to allow her daughter to visit her father, plastic surgeon Elizabeth Morgan sent the girl into hiding and spent more than two years in a Washington jail. Now Hilary Foretich, the seven-year-old girl at the center of one of the most bitter and highly publicized custody cases in memory, has been found in Christchurch, New Zealand...
...seen since August 1987, Hilary was bundled off with her maternal grandparents after Morgan lost her legal battle to prevent oral surgeon Eric Foretich from having unsupervised visits with the child. Morgan, who divorced Foretich shortly before Hilary was born, accused her former spouse of sexually abusing their daughter, then two, in 1985. Although several child-abuse experts testified that Hilary had been molested, other experts disagreed. Judge Herbert Dixon ruled that Morgan had not proved her case and ordered her to jail for refusing to divulge Hilary's location. Not until last September, when George Bush signed...
...whom it helps, California's size and links to Hollywood will change the nature of the early primary season. No longer will the candidate being interrogated by an Iowa farmer hold the nation's attention. Stump speeches to Iowa heartlanders and New Hampshire yankees might be more charming, but Morgan Fairchild introducing a candidate at the Century Plaza will certainly be glitzier...
...Morgan Stanley's greatest strength, says a rival, has been "its ability to attract and hold the best people." That goes not only for its employees but customers as well, who appreciate the steady, patient quality of Morgan's culture. Says William Kneisel, head of corporate finance in London: "Clients like our long-term commitment. We don't feel we have to have all of our cake today...
...Milken's clout grew, financial journalists described him as the most powerful financier since J.P. Morgan. But Milken's penchant for working by his own rules and controlling every situation proved to be his downfall. Drexel's huge profits and free-wheeling methods attracted the attention of federal prosecutors who believed that, among other offenses, Milken fed inside information to a network of traders to manipulate the stocks of his target companies. Prosecutors first snared Dennis Levine, a Drexel investment banker, who pleaded guilty in 1986 to four counts of profiting from insider trading. The Government then got Levine...