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...flying Wolfson guilty on each of the 19 counts against him. Last week that conviction brought Wolfson, chairman of the Merritt-Chapman & Scott construction complex and one of the U.S.'s most controversial corporate raiders, a one-year prison sentence and $100,000 fine. Federal Judge Edmund L. Palmieri also sentenced a longtime Wolfson crony, Elkin ("Buddy") Gerbert, 58, to six months in prison and fined...

Author: /time Magazine | Title: Entrepreneurs: Downed Eagle | 12/8/1967 | See Source »

...federal charges arising from his 1962 malefaction. Assistant U.S. Attorney Michael Armstrong praised Gilbert, who had pleaded guilty to three counts of his indictment, for having "cooperated with the Government and the SEC." His own attorney described him as "thoroughly contrite." While the defendant stood numbly, Judge Edmund L. Palmieri pronounced sentence: a $21,000 fine, two years in prison. Having also pleaded guilty to state larceny charges, Gilbert next faces sentencing in New York State Supreme Court, where he could get up to 30 years...

Author: /time Magazine | Title: Management: Guilty | 5/5/1967 | See Source »

...Verve) is not a new sound at all but old-fashioned Latin dance music played by Vibraphonist Cal Tjader (Soul Sauce), along with half a dozen softspoken, hypnotic percussionists and a trio of growling, pulsating trombonists. What lifts the album to the top groove is the piano of Eddie Palmieri, whose syncopated rhythmic sallies are a quiet contrast to Tjader's smoothly bubbling vibes...

Author: /time Magazine | Title: Time Listings: Oct. 28, 1966 | 10/28/1966 | See Source »

...Arenales had set up a quota system that virtually handed an import monopoly to a group of businessmen represented by his own former law partner. Arenales tried to defend his move as an encouragement for growing and milling wheat locally. But the press was unconvinced. Columnist José Alfredo Palmieri sighed: "Corn, beans, and now flour-the best profits are always made on hunger . . . Food speculation hands the Communists all the arguments...

Author: /time Magazine | Title: GUATEMALA: Cops & Scandals | 10/17/1955 | See Source »

Judge Edmund L. Palmieri chose to hand down a relatively mild sentence-six months in prison, $2,500 in fines-because Ryan was already suffering from another kind of retribution. At 70, the ex-boss is physically broken and rapidly becoming senile. His longshoremen's union, uncleansed, continues to dominate the New York waterfront...

Author: /time Magazine | Title: National Affairs: Comeuppance | 2/14/1955 | See Source »

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