Word: vernon
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...Calif., failed in 1985 with losses totaling $495 million, authorities found that Partner David Butler had used corporate funds to buy expensive racing airplanes for his exclusive use. Butler pleaded guilty to two felony counts and is awaiting sentencing. In the ongoing investigation of the failure of Texas-based Vernon Savings and Loan, in which regulators charge that top officials have looted the S and L for their own gain, former Senior Vice President John Hill, 40, pleaded guilty in March to a single count of conspiracy. According to court papers, Hill had arranged "paid female companionship...
...York City. "No justice! No peace!" bellows the Rev. Al Sharpton at innumerable demonstrations on behalf of Tawana Brawley, the black teenager from Wappingers Falls, N.Y., who says she was abducted and raped by six white men. For more than eight months, Sharpton and Activist Attorneys C. Vernon Mason and Alton Maddox Jr. have waged guerrilla warfare against the state officials looking into the case and effectively prevented any significant investigation of the charges. The trio's wild claims and controversial tactics have alienated many blacks as well as whites, but their allegation that the girl was treated unfairly...
Most of their companies are still relatively small, but some have grown into sizable corporations. Among the largest: Liz Claiborne (1987 revenues: $1 billion), the New York City fashion conglomerate built on Designer Claiborne's clothing for working women; Lillian Vernon (fiscal 1988 sales: $126 million), a mail-order gift company based in Mount Vernon, N.Y., and founded by Lillian Katz; and ASK Computer Systems (1987 sales: $125 million), a California software manufacturer started by Sandra Kurtzig...
...House, Democratic Whip Tony Coelho used a 112-ft. yacht and Learjet belonging to Vernon Savings & Loan to entertain contributors and fly to fund- raising parties. Federal thrift regulators last year charged the Texas bank's officers with looting it; two have pleaded guilty to criminal charges in the case. Last year Coelho lobbied for a $5 billion bill to bail out the industry. Coelho has admitted he was wrong to use the yacht and jet; he and the Democrats' campaign committee paid Vernon $48,450 for their...
...first report last November that Brawley, a black teenager from Wappingers Falls, N.Y., had been abducted and raped by six white men, officials investigating the matter had been stymied. The reason: at the prompting of three controversial advisers -- the Rev. Al Sharpton and Attorneys Alton Maddox Jr. and C. Vernon Mason -- Brawley and her family had refused to cooperate with the inquiry. Seeming to confirm growing suspicions about the case, Perry McKinnon, a private investigator and former assistant to Sharpton, told the New York Daily News that the whole story was a "pack of lies...