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...testimonials were for naught. In one of the stiffest penalties ever imposed in an insider trading case, a federal judge last week sentenced former Deputy Secretary of Defense Paul Thayer, 65, to four years in prison (the maximum sentence is five years) and ordered him to pay a $5,000 fine. Co- Defendant Billy Bob Harris, a Dallas stockbroker, received the same sentence. Both men had pleaded guilty last March to charges that they had obstructed justice by lying to Securities and Exchange Commission officials who were investigating whether Thayer, then the chairman of LTV Corp. and a director...

Author: /time Magazine | Title: Stiff Sentence | 5/20/1985 | See Source »

Maybe Sever clocks are kept out of synch to prevent jamming at Thayer gate...

Author: By John Rosenthal, | Title: Of Waffles and T-Bones | 4/29/1985 | See Source »

Once you get out of UHS in cast or wheelchair, you may attempt to go to classes. After squeezing through the narrow Thayer Gate, you try to enter the Science Center's convenient handicap entrance, only to find out that the door is so heavy that not even half of Kirkland House could open it without a struggle...

Author: By John Rosenthal, | Title: Of Waffles and T-Bones | 4/29/1985 | See Source »

...Hello," a raspy, masculine voice says, "Is this Thayer...

Author: By Benjamin N. Smith, | Title: Giving Good Phone | 4/2/1985 | See Source »

...pleading guilty, Thayer admitted to a prosecutor's allegations that in 1982, while chairman of the Dallas-based LTV Corp. and a director of four other companies, he passed confidential information to Harris on Anheuser- Busch's $560 million acquisition of Campbell Taggart, a Dallas food conglomerate. Thayer also allegedly tipped Harris to two other merger deals. The inside dope netted $1.9 million in illegal profits for Harris along with Thayer's onetime companion Sandra Ryno, a former receptionist at LTV, and six other Thayer friends. Ryno gave the Government incriminating information against her friends and was not charged. Although...

Author: /time Magazine | Title: Crime: Thayer Admits a Stock Swindle | 3/18/1985 | See Source »

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