Word: rico
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...President's a-little-something-for-everyone approach to Government, lurching from new national parklands to a statehood referendum for Puerto Rico, at times sounded as if it had been borrowed from Lyndon Johnson. But . often the mismatch between promises and price tags bordered on the comic. Bush took pains to recall that he had promised to be "the Education President," and invited his audience to join the crusade by enlisting as "the Education Congress." Yet the up-front cost of the President's innovative proposals comes to a paltry $58 million, less than $1.50 for every child...
...Raza, the University's Mexican-American organization, announced they have been negotiating with Harvard for more than a year to provide courses on Hispanic studies. According to La O leader Wendell C. Ocasio '90, La O even presented Harvard officials with the name of a professor at Puerto Rico University who could teach such a course...
...smile began to fade. When the board voted that Monday, Giuliani had already turned three close Milken associates into Government witnesses by granting them immunity from prosecution. The knockout power of an indictment under the 1970 Racketeer ! Influenced and Corrupt Organizations Act was also greatly feared. Charges under RICO, developed to prosecute the Mafia and other organized criminals, would allow Giuliani to tie up much of Drexel's $2.3 billion of capital -- including the fortunes of the firm's 1,700 employee stockholders -- throughout a lengthy trial...
...group was responsible for 90% of Drexel's profits over the past decade, both threatened to leave the company if it reached a settlement that might harm Milken's defense. They were opposed by older executives, mostly in Manhattan, who feared losing the firm's accumulated net worth if RICO charges were brought...
...Milken's lawyers, for their part, accuse the Government of a vindictive campaign based solely on self-serving testimony by Boesky. The potential racketeering charges against Drexel could hit the firm even harder than the civil suit, because federal law -- the Racketeering-Influe nced and Corrupt Organizations Act, or RICO -- would enable prosecutors to freeze a major portion of Drexel's assets...