Where News Is an Obsession;In the Hamptons, Competition for Readers Is No Summer Picnic
Date: 30 July 1994
By Peter Marks
Peter Marks
Word of the break-in at Peggy Siegal's weekend home spread fast. Within days, The East Hampton Star, a local weekly newspaper, had broken the story. A few days later, a reporter for a rival Hamptons weekly tipped off a columnist for a major metropolitan daily, who wrote it up as yet another scintillating tidbit from summer central on Long Island's East End.
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The Editor Has No Clothes
Date: 31 July 1994
By Michael Pakenham
Michael Pakenham
NEWS AND THE CULTURE OF LYING By Paul H. Weaver. 243 pp. New York: The Free Press. $22.95. WHEN I first was a reporter, there reigned a conceit that reporters did not write about reporters or their publications. One behaved in print like a butler at cocktail time: silent, self-deprecating when challenged, and confident in one's superiority to everybody else in the room.
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Observer;He Yearns To Serve
Date: 30 July 1994
By Russell Baker
Russell Baker
Many have pleaded with me not to seek the Presidency in 1996, but I must. Call it selfish, but I yearn for the utter humiliation that only the Presidency can bestow. I want to be scolded by columnists and editorial writers for not possessing sagacity and cunning as profound as theirs.
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Corrections
Date: 30 July 1994
An article yesterday about a meeting of minority journalists in Atlanta misspelled the surname of the Harvard law professor who was moderator of a discussion about political correctness. He is Charles J. Ogletree Jr.
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Health Care Mergers Should Worry Consumers;Californians to Vote
Date: 30 July 1994
To the Editor: One million voters in California have successfully placed on the ballot for November the question whether Californians favor single-payer, Canadian-style health care, which removes the private insurance industry from its stranglehold on health care.
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COMPANY NEWS;Executive Changes
Date: 30 July 1994
GATX CORP., Chicago, appointed Ronald Zech president and chief operating officer.
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Wall Street; Bad News for Baldness Cures
Date: 31 July 1994
By Susan Antilla
Susan Antilla
IT'S been a tough few weeks for the balding and for those who invest in the follicularly impaired, with the Food and Drug Administration giving bad news to two public companies with an eye on the nation's glimmering pates. The Upjohn Company got the unwelcome word from the F.D.A. on Wednesday that it could not sell its Rogaine hair-loss treatment over the counter to consumers. Instead, an F.D.A. panel said, Upjohn would have to continue to market Rogaine exclusively through physicians who write a prescription for the anti-baldness solution.
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COMPANY NEWS;EX-OFFICER OF PRUDENTIAL TO PAY PENALTIES
Date: 30 July 1994
Bloomberg Business News
Bloomberg News
A Federal court yesterday ordered Bede Howard, a former vice president at Prudential Securities Inc., to pay more than $700,000 in penalties for defrauding his investment clients. The order, issued by Judge Alfred M. Wolin of the United States District Court in New Jersey, was announced by the Securities and Exchange Commission, which filed suit against Mr. Howard on Jan. 21. The S.E.C. contended that Mr. Howard, a former vice president in Prudential Securities' office in Morristown, N.J., had persuaded several of his clients to put money in investment vehicles he knew were fictitious. Mr. Howard, who is also known as Howard Bede, is said to have told clients to make checks out to him when they agreed to invest in these phony financial products. Prudential Securities never saw the money, an S.E.C. enforcement attorney said at the time.
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