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Publication: European Stars and Stripes Wednesday, September 10, 1980

You are currently viewing page 4 of: European Stars and Stripes Wednesday, September 10, 1980

   European Stars And Stripes (Newspaper) - September 10, 1980, Darmstadt, Hesse                                Page 4 the stars and stripes wednesday. September 10. 1930 Speculator s ploy to avoid big loss Reagan Rumor blamed on investor new York a a Money manager using to avoid a is million loss May have started last week s unrounded Rumor on Wall Street thai Ronald Reagan had a Hart attack according to a syndicated business columnist. And n securities and ech inc commis Sion official said monday thai if Here was manipulation it would be a Matulef for criminal prosecution. This goes right to tha integrity of the marketplace said Stephen Hammerman. Who Heads the Sec s new York office. We re not going o 1st people mess around with the Market. Hammerman said he teamed about the i Fri column by Dan  by the Chicago Tribune new York news Syndi Cate inc., that the Sec was investigating the incident. It is cur polity no to comment whether we Are or whether we Are not investigating of said. Dorfman could not immediately be reached for comment. According to the newspaper account someone Dorfman identified Only As an influential Money manager invested heavily in Short sales believing Iha Slock prices would go Down. When they headed up instead the column said he reportedly issued this six word message to a Block trader of a major brokerage firm who buys and Sells huge blocks of Slock Ronald Reagan had t heart  a Money manager  a Law yer accountant 01 Sci Toroker invests other people s Money for a fee. A stockbroker buys and Sells stacks on the Dock exchanges. The unfounded Rumor allegedly was relayed by the Block trader to Friend on the door of the new York Stock Exchange and it then spread throughout Wall Street and he nation. Prices on sept. 4 Rose quickly at Ine opening in heavy trading but fell sharply after the rumours about Reagan s health be Gan circulating. Despite reports from Rea Gan Campaign officials hat the Republican presidential candidate was in Good health he Market finished near its Low for the Day. It closed with a 4.35 loss it 948.81. Tie  of the Speculator was to drive package explodes after plane with 44 lands in Sacramento 2 baggage men Hurt Sacramento Calif. A a package exploded As it was being unloaded from he baggage compartment of a Jet that had just landed with 44 passengers at Sac Ramento  Airport on tuesday and authorities said two baggage men War injured. Sheriffs spokesman Bill Miller said he package cup coded on a conveyor Belt As it was taken off the United airlines Boeing 737. That had just arrived from Stathe and Portland Ore. The passengers were still de planing when the blast occurred. Whether it was intended to be a bomb we Don t know Miller said. He referred to whatever was in the package As a  the baggage men Allan Wright and Robert Daye were taken to University medical Center in Sacramento suffering from Burns. Hospia spokeswoman Linda Kin said Day was in Good condition and Wright was fair. A witness Ron Rose of Sacramento said the explosion sounded like a ire going off. They opened the Haich to the Luggage com Palm Cal and you could see the smoke Bil lowing  we could definitely feel ii. I was  said Rose s sister Barbara Aitken who was waiting with her brother at a near by terminal for her parents plane when the explosion occurred. Rose said he could see the two injured men. One pc Low had his hand Cut pretty badly and one had a Burn Mark on  Mardy Leaver director of corporate communications for United in san Francis co said the plane s 44 passengers and bag Gage were being unloaded when the explosion occurred at 9 48 . None of the passengers was Hurt he added. He said he was told that he Cit onion took place in the plane s Forward cargo pit. There was no immediate word on How much damage was done to the Piane but Iacre was no fire he added. We Don t know what Type of explosion it was at All Slid Leaver. It s premature to speculate about lha Miller said there was no bomb threat before the explosion. The Fri was investigating the came of the blast. Towing Taring ten a in Etc Manl by cute of u lock cent controversial burial at sea Prica Dom to be could cover his Scort Mia and make new purchases in anticipation of the Market regaining upward momentum a tar Dorfman Aid. During the frenzied leading triggered by the Rumor so 1 her the Short seller a Able to avoid losing 15 million that he would have lost had the Market prices not fallen Dorfman wrote. In addition he stepped in and bought nearly s.5 million Worth of so pc at whal May have Well have been bargain prices so the Rumor was Worth about s6.5 million to him.1 Hammerman said such a Large Seal at tempt at Market manipulation would be unique. I know of none. In regard to specific Stock yes. Bui with regard to a whole Market absolutely  he said. Garwood Case Muddy says military judge Camp Lejeune . A a Mil itary judge has accused civilian am Orilien of seeking publicity for themselves by deliberately trying to Muddy up he court martial of Marine pfc. Robert Garwood f col. . Soil ice presiding judge at toe court martial made his accusation monday after a hearing for Garwood in civilian a court on charges that the private assail led a 7-year-old girl last month. Garwood a denied the allegation. In his military trial Garwood is accused of desertion and collaboration with the ene my during 1 4 years in Vietnam. Soil ice said civilian authorities in Jack Sonville handled the assault Case poorly. I am rather displeased with the Way they handled it. One of the pro dec Ionia the judicial system is the grand jury. Bin now Carwood no longer has the Protection of the Brand jury soil scr said. He said he thought local Auto Oriya wanted publicity and chose this rout to either Muddy up our Case or get pub Hoty for themselves and have every reason to believe it was done intentionally. Switzer did not elaborate. Onslow county sheriff William Wood Ward said Normal procedure was used the Garwood s Case. We Don t normally go through to grand jury for n Bill of indicia ment against t resident of the county Woodward said. We saw no reason to do anything different for pvt.  the Only details of the alleged of few Refea cd so far slate hat it occurred of aug. 7 when oar Wood offered to drive lie Giri Home from a Church function Unerwood was Orres cd Friday on Wai rants alleging he attempted to commit a Thirl sdviou3 "p0" the w a civilian judge or monday set sept � Sault Horin the Suli meanwhile Swit postponed the Lle i sept ,i7 Rusu Priori of Gam wet try for a cast a we Beau Mel defense counsel John Lowe Sill. British airways ending i St class travel in Europe airways son a " fir Slais log Iwu tet tort Oscar red Jet 14 i Curt " " of into i a to Oft club Sty. Tie tool Avyn fir Nigut the Phlp i co Mound a. Cuba a l who Ray Ord and i a photo april h ncanno.,. B plot in have an uprated cd n fur  
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