Milken, no pardon after all

Carl Remick carlremick at hotmail.com
Sun Jan 21 07:45:15 PST 2001


[But look who did get one from WJC, from today's NY Times]

Others who received pardons or commutations from Mr. Clinton:

* Marc Rich and Pincus Green were once among the world's leading commodity traders. Their companies pleaded guilty in 1984 to evading millions of dollars in taxes by hiding profits on crude-oil trading. But Mr. Rich and Mr. Green avoided prosecution themselves by flying to Switzerland, which has refused to extradite them to the United States. Mr. Rich's former wife, Denise, is a songwriter and has been a fund-raiser for the Democratic Party....

* Edward R. Downe Jr. was a prominent Long Island businessman who was convicted on two counts of insider trading, a practice that prosecutors said was often conducted poolside in luxury homes in Southampton. A former husband of the automobile heiress Charlotte Ford, Mr. Downe also settled separate complaints by the Securities and Exchange Commission by paying an estimated $11 million in fines.

[Full text: http://www.nytimes.com/2001/01/21/politics/21CLIN.html?pagewanted=all]

Carl

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