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...school and the police can't do much about pot use without the support and concern of parents, many of whom can't seem to decide whether to be the good cop or the bad cop with their kids. Emily, 48, turned into an enforcer when she found a pipe as she was redecorating her 16-year-old son's room. "I told him I didn't approve, that I didn't think it was necessary," she says. Emily's reaction wasn't as cool when another parent called to tell her that her 14-year-old daughter was smoking...
Before she caught her kids, Emily attended several meetings of Parent Alliance for Drug and Alcohol Awareness, which is linked to the New Trier school district. "I remember thinking these parents seemed so radical about marijuana," she says. Now she wonders whether random searches of lockers and mandatory drug testing ought to be introduced at school, two options Superintendent Bangser regards as unnecessary. But while she still considers the tone of PADAA too apocalyptic, she finds other parents too lackadaisical. "There's a definite head-in-the-sand attitude here," she says. "People figure our kids' SAT scores...
Kott is a powerful figure behind the scenes at JB Oxford & Co., a small discount brokerage with big pretensions whose parent company, JB Oxford Holdings, has become a darling of a group of online investors, to the point that many of them have bought stock in the brokerage company. Hundreds of messages about the company, based in Beverly Hills, California, have been posted in America Online's Motley Fool electronic forum, which has been prominent in boosting prices of a number of issues. Last year the company's stock opened at $1 a share and shot up to nearly...
...Oxford Holdings used to be called RKS Financial Group, and it was the parent company of a sketchy brokerage firm called Reynolds Kendrick Stratton. In the spring of 1993, Kott helped arrange for a group of investors to acquire a controlling interest in the brokerage company, and Kott was hired as a consultant. Reynolds Kendrick Stratton aggressively promoted Kott-related stocks, notably shares of a NASDAQ-listed company called Hariston Corp...
...least of those is MoneyGram's parent, First Data Corp., a big credit card-processing outfit that is the selling shareholder in the IPO. Last year First Data bought another data grinder, First Financial Management Corp., which just happened to own Western Union. The Federal Trade Commission took one look at the MoneyGram-Western Union union and said, Uh-uh. First Data would have to choose one and sell the other...