The Nation: Judicial Privilege; The Right To Secrecy
Date: 10 May 1998
By Neil A. Lewis
Neil Lewis
Historians, political scientists and news media lament secrecy behind Federal District Judge Norma Holloway Johnson's reported rejection of Pres Clinton's claim of executive privilegeto deflect grand jury subpoena from Kenneth W Starr; but many lawyers say it might be appropriate to seal all proceedings because of overwhelming need for grand jury secrecy; photo (M)
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APARTMENT INVESTMENT OF DENVER ADDING TO HOLDINGS
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Apartment Investment and Management Co completes purchase of Ambassador Apartments Inc for $646 million (S)
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FIRST-QUARTER FILM SALES IN U.S. DOWN BY 24%
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Eastman Kodak Co says first-quarter US film sales fell 24 percent, more than previously disclosed, because Kodak changed way it accounts for some promotional activities (S)
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Turkey Sells Its Stake In Bank for $651 Million
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Turkey's Privatization Administration has sold its 12.3 percent stake in Turkiye Is Bankasi AS, Turkey's largest nonstate bank, for $651 million (S)
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Ex-Schoolboy Star Declares for Draft
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Former New York high school basketball star Lamar Odom is declaring for National Basketball Association draft, although University of Rhode Island says he still wants to play college basketball (S)
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Credit Suisse First Boston May Make Korea Loan
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Credit Suisse First Boston is considering whether to help Dong-Ah Group raise $500 million, decision that may determine whether South Korea's 10th-largest industrial group avoids bankrutpcy (S)
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VW Is Set to Win Rolls-Royce as BMW Drops Out of Bidding
Date: 09 May 1998
By Bloomberg News
Bloomberg News
Volkswagen AG to acquire Rolls-Royce Motor Cars Ltd after its German rival, BMW AG, says it will not top Volkswagen's bid of 430 million pounds ($705 million) (S)
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NEWS SUMMARY
Date: 09 May 1998
INTERNATIONAL A3-5 Indonesia Gets $1 Billion Without Rights Conditions The United States gave Indonesia $1 billion in loan guarantees, free of any conditions concerning human rights abuses surrounding the protests against President Suharto's rule. Almost simultaneously, the Pentagon, citing the unrest, canceled a joint training exercise with the Indonesian military. A1
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NEWS SUMMARY
Date: 10 May 1998
INTERNATIONAL 3-11 Dominican Republic Offers New Base in Drug Network Since the mid-1990's, drug barons from Colombia have established a strong foothold in the Dominican Republic, a country with weak law enforcement and established drug distribution networks. 1 The Next Philippine Leader If polls and pundits are correct, after an election Monday the man who will lead the Philippines is Vice President Joseph P. Estrada, a wildly popular former B-movie actor who admits to his love of women and drink, his lax work ethic and his befuddlement over basic economics. 8
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ICN PHARMACEUTICALS PLANNING A HUGE ACQUISITION
Date: 09 May 1998
By Dow Jones
Dow Jones
ICN Pharmaceuticals Inc plans to make $1 billion to $2 billion acquisition in Western Europe or US in next 12 to 18 months (S)
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