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it <unk> the judge 's loan lowered its interest rate and accepted a <unk> that had n't originally been part of the deal a beat up N chevy <unk> the dealer had to repair before it could be <unk> |
the incident was n't the only time the judge got special treatment from his local bank |
two years later he wrote to complain that the interest he was paying on an unsecured $ N loan was absolutely onerous |
paul l. kane laurel 's president at the time quickly responded |
the bank he wrote back was immediately lowering the rate by N N as a <unk> to you |
the judge says he ca n't discuss in detail how he will defend himself at his trial although he contends that if he were as corrupt as state prosecutors believe he would be far <unk> than he is |
his <unk> <unk> and brick house outside of <unk> is up for sale to pay for his lawyers |
the judge says he is confident he will return to his old bench |
already he notes the N charges originally filed against him have been trimmed to N |
most of the allegations no longer pending were ethics charges withdrawn by state prosecutors as part of a pre-trial agreement |
the heart of the case official <unk> remains intact |
if i lose i lose my position my career my pension my home and my investments says the judge |
my god and i know i am correct and innocent |
many thanks for alexander <unk> 's comic <unk> u.s. economy a house built on junk-bond sand viewpoint oct. N |
the use of the <unk> construction practices in the soviet union as <unk> by the collapse of sand apartment blocks during the <unk> earthquake as a <unk> for the u.s. economic system was a <unk> example of mr. <unk> 's <unk> <unk> |
i await his <unk> the economic and social <unk> of the san francisco bay area and the outstanding work of the local governments and the private charitable organizations there as <unk> for the <unk> of whatever failed system mr. <unk> now believes in |
it should be a <unk> |
william s. smith |
as a money manager and a <unk> <unk> i was very disappointed to read in the premiere issue of garbage that the wall street journal uses N metric tons of newsprint each year but that only N N of it comes from recycled paper |
by contrast the los angeles times for example uses N N recycled paper |
with newspapers being the largest single component of solid waste in our <unk> and with our country <unk> with trash all sectors of our society and all types of businesses must become more responsible in our use and disposal of precious natural resources |
the wall street journal is an excellent publication that i enjoy reading and must read daily |
please make me and thousands of other readers more comfortable with our daily purchase of your newspaper by raising your environmental standards to your overall <unk> quality levels and increase your use of recycled paper |
virginia <unk> <unk> |
first american financial corp. declared a special dividend of one share of class b common stock for each share of class a common stock payable to holders of record on nov. N if the securities and exchange commission approves this as the effective date of the registration statement |
shareholders of the santa ana calif. <unk> company approved the creation of this second class of stock which will be traded on the national over-the-counter market and which the company said would be used for acquisitions and other general corporate purposes |
the following were among yesterday 's offerings and pricings in the u.s. and non-u.s. capital markets with terms and syndicate manager as compiled by dow jones capital markets report |
continental <unk> inc. |
$ N million of senior subordinated debentures due nov. N N was priced at par to yield N N N |
rated <unk> by moody 's investors service inc. and <unk> by standard & poor 's corp. the issue which is <unk> for five years will be sold through underwriters led by morgan stanley & co |
beatrice co. |
$ N million of notes due nov. N N was priced in a two-part offering through underwriters at salomon brothers inc |
the size of the issue was scaled back from an originally planned $ N million |
the first part consisting of $ N million of N N N senior subordinated reset notes was priced at N |
the rate on the notes will be reset annually to give the issue a market value of N |
however the maximum coupon at which the notes can be reset is N N N |
the minimum coupon is N N N |
the second part consisting of $ N million of senior subordinated floating-rate notes was priced at N N to float N N above the three-month london interbank offered rate |
the initial coupon on the floating-rate notes will be N N |
the issue is rated <unk> by moody 's and <unk> by s&p |
new jersey wastewater treatment trust |
$ N million two-part offering of bonds apparently was won by a merrill lynch capital markets group |
the group 's bid for $ N million of wastewater treatment insured bonds series N a produced a N N true interest cost |
the series N a bonds are insured and rated triple-a by moody 's and s&p |
the group 's bid for $ N million of wastewater treatment bonds series N b produced a N N true interest cost |
the series N b bonds are uninsured and rated double-a by moody 's and s&p |
both the series N a and series N b bonds were priced to yield from N N in N to N N in N according to a merrill lynch official |
<unk> county navigation district no. N texas |
$ N million of pollution control revenue bonds houston lighting & power co project due oct. N N were tentatively priced by a goldman sachs & co. group at N N to yield N N with a coupon of N N N |
interest on the bonds will be treated as a preference item in <unk> the federal alternative minimum tax that may be imposed on certain investors |
the bonds are insured and rated triple-a by moody 's and s&p |
federal home loan mortgage corp. |
$ N million of remic mortgage securities is being offered in N classes by a morgan stanley group |
the offering series N is backed by freddie mac N N securities |
complete details were n't immediately available |
<unk> mortgage funding corp. ii |
$ N million issue of collateralized mortgage obligations is being offered in four classes by a morgan stanley group |
the securities yield from N N to N N for a 30-year issue with an average life of N years |
the N N yield represents a spread to the 20-year treasury of N percentage points |
the collateral consists of collateralized whole loans with a weighted average coupon rate of N N and weighted average remaining term to maturity of N years |
the issue is rated triple-a by s&p moody 's and <unk> investors service inc |
the issue is N N to N N <unk> and N N of the loans are covered by a general electric pool policy covering losses of as much as N N of the original principal balance of the loans |
j.c. penney co. |
$ N million of <unk> master credit card trust asset-backed certificates series b with a final stated maturity of oct. N N was priced at N to yield N N with a coupon of N N |
the certificates which have average life of N years were priced at N percentage points over the benchmark treasury 10-year note |
rated triple-a by moody 's and s&p the issue will be sold through first boston corp |
the issue is backed by a N N letter of credit from credit suisse |
<unk> <unk> electric railway co japan |
$ N million of bonds due nov. N N with equity-purchase warrants indicating a N N N coupon at par via nomura international ltd |
each $ N bond carries one warrant exercisable from nov. N through nov. N N to buy company shares at an expected premium of N N N to the closing share price when terms are fixed tuesday |
diesel <unk> co japan |
$ N million of bonds due nov. N N with equity-purchase warrants indicating a N N N coupon at par via yamaichi international europe ltd |
each $ N bond carries one warrant exercisable from nov. N through nov. N N to buy company shares at an expected premium of N N N to the closing share price when terms are fixed monday |
<unk> electric power co japan |
$ N million of N N N bonds due nov. N N priced at N N to yield N N N less full fees via nikko securities ltd |
fees N N |
monte <unk> <unk> di <unk> singapore branch italian parent via the law debenture trust corp. |
N billion yen $ N million of N N bonds due feb. N N priced at N N via daiwa europe ltd |
<unk> finland |
N billion yen of N N bonds due nov. N N priced at N to yield N N via <unk> international |
<unk> inc. said it acquired <unk> prof. dr. <unk> a german maker of scientific instruments |
terms were n't disclosed |
the <unk> mass. maker of scientific instruments and electronic parts said <unk> expects N sales of more than N million deutsche marks $ N million and employs about N people |
<unk> is based in <unk> west germany and also has operations in belgium |
john m. <unk> <unk> 's chairman and chief executive said the acquisition will extend <unk> 's core technologies strengthen its position in the european economic community and assure a strength and presence in the eastern european market |
he said it especially will strengthen the company 's efforts in the rapidly growing field of <unk> instrumentation and in applied nuclear physics |
separately <unk> said it sold most of its mason research institute subsidiary to <unk> sciences inc. a closely held biotechnology company based in <unk> mass |
the sale for $ N million in cash and securities will leave <unk> with a N N stake in <unk> executives said |
mason is the largest <unk> lab in new england with annual revenue of $ N million and N employees |
mason serves commercial and government customers including the national institutes of health |
the combined companies will become profitable by january N said james p. <unk> <unk> 's chairman and chief executive officer |
the internal revenue service said it is willing to let the u.s. tax court decide how much oil man william herbert hunt will owe the government after his assets are liquidated |
the surprise announcement came after the irs broke off negotiations with mr. hunt on a settlement of the one-time <unk> 's personal bankruptcy case |
although the action <unk> one obstacle in the way of an overall settlement to the case it also means that mr. hunt could be stripped of virtually all of his assets if the tax court rules against him in a N case heard earlier this year in washington <unk> |
the irs has been seeking more than $ N million in back taxes from mr. hunt |
separately a federal judge hearing mr. hunt 's bankruptcy case yesterday turned down a proposed $ N million settlement between mr. hunt and minpeco s.a. another major creditor in the case |
the <unk> minerals concern had been seeking a claim of $ N million against mr. hunt |
in addition to turning down the compromise judge harold c. abramson said he would allow a claim of only $ N million |
minpeco attorneys said they would appeal the decision to a federal district court |
regarding mr. hunt 's taxes he and the irs have apparently agreed on a basic formula for <unk> his estate in which the irs would get N N of the proceeds from a <unk> trust and N N would go to other creditors |
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