Word: settlements
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...former U.N. Secretary-General, who laid the ground for the intervention last fall; his successor, Boutros Boutros-Ghali, who engineered the Security Council's decision two weeks ago to dispatch the troops; Lord Carrington, the chief envoy in the European Community's effort to broker an overall political settlement among the pieces of the shattered Yugoslav federation; and Cyrus Vance, who has labored for five months as the personal envoy of the Secretary- General to negotiate a cessation of hostilities durable enough to put the peacekeepers in place...
...triumph over one's enemies is one of life's deepest satisfactions, and Kreimer has been blessed with the feeling. Thanks to a barrage of legal actions against suburban Morristown (pop. 16,500), Kreimer received a $150,000 out-of-court settlement last week. More money may be on its way. Usually sporting long black hair and scruffy beard, Kreimer resembles Rasputin -- and Morristown has discovered that he's just as difficult to dismiss...
...first Morristown brushed off Kreimer's demand for an apology and a minor cash settlement, convinced that the matter would die quietly. Instead, it grew to farcical proportions; 11 lawyers were soon involved in defending the town from Kreimer's legal assault, and its legal bills soared past $250,000. Ominously for Morristown, Kreimer began scoring other legal victories: last April the New Jersey attorney general allowed Kreimer's petition to list "the streets of the fourth ward of Morristown" as a voting address. The following month, Federal Judge H. Lee Sarokin struck down the library's rules of conduct...
...months Kreimer has patiently waited for the money. Paying a $3.25 bill at a local store, he withdraws a crisp $20 note from a brand-new wallet. The billfold, he says, is "from an admirer." He may soon need a second wallet. Kreimer's lawyer is negotiating another cash settlement, stemming from the separate First Amendment suit now under appeal...
Milken's overall share of the settlement would come to a whopping $900 million, including $400 million in restitution that was part of his previous penalty. Not to worry: that still leaves the junkman with about $500 million of the wealth he amassed during the 1980s...