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...sentence -- and he still has to worry about hundreds of lawsuits filed by investors claiming they were bilked by his schemes. To settle those charges, the fallen junk-bond king has now agreed to pay $500 million more in a deal that requires the approval of U.S. Judge Milton Pollack in Manhattan. Plaintiffs include the Federal Deposit Insurance Corporation, which alleges Milken helped undermine the savings and loan industry by persuading S&L chairmen to load up on junk bonds that collapsed when the market for the risky IOUs turned sour...

Author: /time Magazine | Title: Settlements: Reversal Of Fortune | 3/2/1992 | See Source »

...singles brackets, Harvard placed four players in the 64-player field, a very impressive showing for such a young team. DeLone, Samantha Ettus, Elmuts and Rachel Pollack were all invited to compete. Pollack, unfortunately, was forced to withdraw due to an injured shoulder...

Author: By John B. Trainer, | Title: DeLone Wins ITCA Singles | 11/5/1991 | See Source »

...Henikoff d. Monica Rey (B), 6-3, 6-3; 3. Melissa McNabb (H) d. Shea McGuire (B), 6-0, 7-5; 4. Sam Ettus (H) d. Jennifer Manning (B), 5-7, 6-4, 7-6; 5. Linda Kim (B) d. Jen Minkus (H), 7-6, 6-3; 6. Rachel Pollack (H) d. Diane Ilson...

Author: By Daniel L. Jacobowitz, | Title: Netwomen Coast Past Terriers, 8-1 | 3/16/1991 | See Source »

Since Milken's former employer declared bankruptcy early last year, creditors and other parties have filed an estimated $20 billion of claims against it. The problem, observed Federal District Judge Milton Pollack, who is overseeing Drexel's reorganization, is that the company's assets are worth only $2.8 billion. To avoid costly litigation that would drain the firm's remaining assets, Pollack last week secured a tentative accord from the key parties to slash their claims 90%, to $2 billion. If the agreement stands, Drexel could soon emerge from Chapter 11 and resume business...

Author: /time Magazine | Title: SECURITIES: On Easier Street | 3/4/1991 | See Source »

...this point that Havana starts to go awry. It is not Redford's fault. The years have weathered him handsomely, and he contrives to lose his famous cool with insinuating subtlety. The problem lies with Olin, who never loses enough of her cool, and with Pollack and the writers. Whatever else is going on in their lives, Jack and Bobby need to come to a world-well-lost moment, a rocking, rolling acknowledgment of suppressed desires. That does not happen. We get shadows and tenderness instead. Then the script sends her up- country to join the rebels and sends Jake...

Author: /time Magazine | Title: Cinema: Here's Looking at You, Muchacha | 12/17/1990 | See Source »

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