Word: cornfeld
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...took the twelve-member Swiss jury only 50 minutes to decide the long-pending case, and when acquittal was an nounced the Geneva courtroom erupted in applause. Then a smiling Bernie Cornfeld, 52, the bearded hustler from Brooklyn who had founded Investors Overseas Services, the bankrupt European-based mutual fund empire, repaired to a near by cafe for a victory celebration. After a four-week trial that even the presiding judge described as a "circus," Cornfeld was declared innocent of charges that he had coerced employees of I.O.S. into buying its stock when he knew his operation was collapsing...
...election for assembly chairman was a runoff between McDonough and Leslie Cornfeld '81. Six assembly members--including one freshman--were nominated for the post...
...Jones '80, Sam Levin '81, Tom Prewitt '79. QUINCY--Betsy Adams '80, Scott Atherton '79, Robert Grady '79, Christopher Owens '81, Shirin Rajagopalan '80, Scott Starbird '79. SOUTH HOUSE--Ruben Alvero '80, Mark LaVergne '80, John Petropoulos '80, Nina Vogelfranger '80, Steve Winthrop '80. WINTHROP--Steve Brannan '79, Leslie Cornfeld '81, Dan Esty '81, Robert Inches '80, John Re Iman '79. WEST YARD--Drew Chuppe '82, Linda Drucker '82, Michael Lynton '82, Castulo Sanchez '82. SOUTH YARD--Lawrence Brandman '82, Monica Sifuentes '82, Robert Stemmons '82, Rosie Valencia '82. NORTH YARD--Joe Auteri '82, Paul McDermott '82, Richard Rodriguez...
Earle and Semyonov get together weekly with only their interpreters present. They alternate between the local Soviet diplomatic mission and U.S. SALT headquarters, a nondescript modern office building originally built to house Playboy Financier Bernie Cornfeld's Investors Overseas Services before his empire collapsed in 1970. Even though Earle and Semyonov have known each other for five years, their relationship is strictly business. They address each other as "Mr. Ambassador" and "Mr. Minister," and Semyonov often speaks from notes or even prepared texts...
Warning signals about the Swiss system have been flashing on and off for several years. In 1970 the Basel branch of the United California Bank went broke after losing $50 million in cocoa futures trading. Around the same time came the collapse of Bernard Cornfeld's Geneva-based Investors Overseas Services empire, built with the assistance of Switzerland's loose banking laws -and in part with that of the banks themselves. In 1974 the Union Bank of Switzerland lost $56 million in foreign-exchange speculations, and the Lugano branch of Britain's Lloyd's Bank dropped...