1987 Top Ten a 60 Percent Chance of Showers Today, High in the IVIEWPOINT: Discovery Through Service Lower to Middle 40S
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--------------------------------------~--~----------------------~------------- ~-------- Wet Christmas !ACCENT: 1987 Top Ten A 60 percent chance of showers today, high in the IVIEWPOINT: Discovery through service lower to middle 40s. 08/15/88 Zl DlR **** NEWS **** EXPEDITE **** SPECIAL COLLECTIONS HESBURGH L IE:RA.f;'Y NOT~E LAME IN - .. - -~---...;;;;;;;:=::;::: VOL. XXI, NO. 67 FRIDAY, DECEMBER 11, 1987 the independent newspaper serving Notre Dame and Saint Mary's Wall street 'whiz kid' convicted in $1.3 billion scheme Associated Press Ernest Grunebaum, were con tor, assistant U.S. attorney was charged with any crime, collectively as The Securities victed of conspiracy to defraud Stuart Abrams. Hack, 62, faces but Abrams said they could be Groups, engaged in "prear NEW YORK -A one-time the Internal Revenue Service up to 14 years and $30,000 in held liable for back taxes and ranged, rigged and Wall Street whiz kid whose tax and other federal tax counts in fines, and Grunebaum, 52, up civil penalties. fraudulent" transactions be shelter services were used by a scheme that prosecutors said to 44 years and $70,000 in fines. Atkins, the son of former tween 1978 and 1982. Andy Warhol, Michael Landon enabled clients to claim $350 The investors included Ashland Oil Co. chairman Orin Those losses generated more and other celebrities was con million in phony tax deduc Postmaster General Preston Atkins, took Wall Street by than $350 million in bogus tax victed Thursday in what a pros tions. Tisch; his brother, CBS presi storm in the early 1980s with a deductions for the clients, ecutor said was the biggest tax Atkins, 33, faces up to 86 dent Laurence Tisch; actors series of tax shelters and in prosecutors said. Abrams said fraud case in U.S. history. years in prison and a $145,000 Sidney Poitier and the late vestment partnerships. IRS officials believed the Charles Atkins and two as fine for the 28 counts he was Lorne Greene; and television Prosecutl.<S claimed his scheme was ''the largest tax sociates, William Hack and convicted of, said the prosecu- producer Norman Lear. None group of tax shelters, known fraud case in U.S. history." Reagan speaks on summit, arms Associated Press United States preserved the right for broad testing of the WASHINGTON - As Gorbac Star Wars program, even hev's jetliner climbed into the though Congress has imposed sky, Reagan addressed the na some restrictions on the mis tion from the Oval Office, sile defense system, which the saying they had made administration calls the strate "dramatic movement" on gic defense initiative. arms control and vowing to In exchange, the United press ahead with his Star Wars States agreed to adhere to the program. 1972 Anti-Ballistie Missile The summit was crowned by Treaty for a period of time yet the signing Tuesday of a treaty to be negotiated, the official to eliminate U.S. and Soviet said. However, the official said intermediate-range nuclear it would not constrain the pro missiles. gram. Reagan said the summit Gorbachev acknowledged produced "some very limited the ABM treaty permits re movement" on human rights search and development and and said he "spoke very can "if necessary, tests" author didly" to Gorbachev in urging ized by the pact. He said there a Soviet pullout from Afghanis was progress in setting the in tan. dividual categories of nuclear While saying they made weapons each side would retain progress toward reductions in after cuts of approximately 50 strategic arms, Reagan said, percent in each side's arsenals. "I made it clear that our SDI The leaders agreed to hold Dreaming of a white. program (Star Wars) will con another summit, their fourth, tinue and that when we have a Residents of Breen-Phillips get into the holiday spirit. students escape the pressure of finals for an hour or in Moscow in 1988 in the first Decking the halls is a favorite study break and helps so. defense ready to deploy, we half of the year, White House will do so. " spokesman Marlin Fitzwater The two leaders issued strik said. ingly similar summations of An administration official Lobbyist accused of cover-up their talks, standing under said, "it might be possible with Associated Press jury was a part of it" to counter "If the world knew the way umbrellas in the rain outside hard work" to have a strategic allegations he used his long as he was using his relationship the White House. arms pact ready for signing in WASHINGTON -Lobbyist sociation with Reagan to get with them to entice these "This summit has been a Moscow, but said a summit Michael Deaver gave false tes six-figure lobbying contracts, clients.".". it probably would clear success," said Reagan. meeting would be held nonethe timony to bury allegations he independent counsel Whitney have broken their hearts," Gorbachev said, "A good deal less. improperly traded on his influ Seymour told jurors in closing Seymour said. has been accomplished." ence with President Reagan, arguments at Deaver's trial. In his closing statement, Details on their discussions At his news conference, Gor the prosecutor in the former Deaver, a close friend of both defense attorney Herbert Mil were just beginning to emerge. bachev said the superpowers White House aide's perjury the president and Nancy ler argued that it "would be One U.S. official, insisting on are emerging from "the long trial told jurors Thursday. Reagan, also lied to spare them ridiculous and the height of fol- anonymity in remarks to drawn-out confrontation" of Deaver "started on a plan of any embarrassment or hurt, see LOBBY, page 7 hundreds of reporters, said the the past four decades. deliberate cover-up, and per- the prosecutor said. Have a Gunman's revenge killed 43 on plane Merry Christmas Associated Press USAir worker Raymond Thomson. "I ask for to believe that David Burke and fellow This is the last issue of The Ob· some leniency for my family, was involved in the destruction Joseph Drabik a .44-caliber server before the Christmas holiday. CAYUCOS, Calif. -A fired remember. Well I got none and of PSA flight 1771." Magnum Smith and Wesson The Observer will resume publica· airline worker furious over his you'll get none." Burke worked 14 years for handgun and 12 rounds of am tion Thursday, Jan. 14. dismissal boarded a jet carry Investigators found the chill USAir, parent company of munition. FBI agents traced ing a gun, and possibly ex ing message written on an air PSA, but he was fired as a Los the gun back to Drabik, who plosives, to kill his supervisor sickness bag at the site where Angeles customer service said he had loaned it to Burke, and wrote him a death message Pacific Southwest plane agent on Nov. 19 after he was the affidavit states. on an airsickness bag, the FBI crashed. All 43 people aboard filmed by a hidden camera and court documents disclosed were killed. while allegedly stealing less The affidavit by FBI special Thursday. A multipart affidavit filed in than $100 from flight cocktail agent Kevin Kelly, alleged "Hi Ray, I think its sort of Los Angeles Federal Court sales. "Burke harbored resentment ironical that we end up like before and after a search war against the USAir station this," read the unsigned mes rant was obtained for the Long In a visit to San Francisco on manager Raymond Thomson sage, which authorities say Beach home of Burke, 35, con an unspecified November date, was written by David Burke to cludes that "there is evidence Burke borrowed from friend see PLANE, page 8 ~-----------------------------------~--------~------~ • page 2 The Observer Friday, December 11, 1987 In Brief Christmas fools too soon Helping out Letterman got a telephone operator a forget their gifts free trip to New York City for her efforts. Shelly Scott, of West Mifflin, assisted Letterman in his repeated attempts I know it's Christmas time just as well as to reach a Leningrad hotel during Tuesday's taping of his anyone. I should be writing one of those Me_rry Kevin "Late Night With David Letterman" program on NBC. Christmas columns but that would be fa1rly Letterman was hoping to offer someone at the hotel, hypocritical. Becker anyone, a free trip to New York City in honor of this week's Before we get to Christmas we have to get summit. The hotel operator hung up so Letterman offered through finals. Although most people around Editor-in-Chief the trip to Scott. - The Observer here are managing holiday smiles, I have to do .....-J•!!!!!... B!!!fillil!!!!!!!!!!!!!! .. -------, some serious studying before I start feeling merry. Congressman Bill Nelson, who flew in the space At the end of last semester, I thought things shuttle, said a new Soviet-U.S. space initative would be would be easier my senior year. I would type 0oo announced by President Reagan, but said Thursday night a few articles, answer a few phone calls, go to that his statement was based on expectations, not fact. class and go out. Then came all of the work and Reagan made no such announcement. Nelson, chairman interviews and classes that are harder than of the House subcommittee on space, said he had been ever. Now, I am swamped, probably like most lobbying both the White House and the Soviets for two ~yoo. years in hopes of starting some joint space activitity. - I am not griping. I had a pretty good time The Observer this semester. Finals, however, get me worked up. I especially say this because I am a PLS major. Although we tend to be the butt of many jokes, our major certainly is not.