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Publication: European Stars and Stripes Monday, April 27, 1987

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   European Stars And Stripes (Newspaper) - April 27, 1987, Darmstadt, Hesse                                Monday april 27,1887 the stars and stripes pages broker allegedly stole $19 millions Pearson Lehman executive free on bail new York a a trusted High level Slack broker for Shearson Lehman Brothers has been accused of stealing As much As $19 million from the company Over the past year authorities said saturday. Mark a Stahl 45, a Scarson Lehman senior vice president was arrested Friday night Al a restaurant with $30.000 in Cash and a passport in his pocket said . Attorney Rudolph Giuliani. Stahl was arraigned saturday in Federal court and was released an a $1 million personal recognizance Bond that he does not have to pay until monday said Giuliani who argued against the bail. The passport and Cash were seized. Stahl was charged with one count of win fraud involving he illegal Transfer of 1395,000 on March 19,one of the latest transactions but the one year scheme involves $19 million Giuliani said. Giuliani said he did not think the Case jays any thing major about Wall Street referring to recent insider trading scandals at other brokerage firms. It s obviously a problem with certain areas of fraud in Wall Street but there s also the same types of prob lems in the rest of our society he said Stahl who had worked for the company since 1979,was suspended april 16 and fired saturday Shearson spokesman Jim Podany said saturday. Stahl without Tolje knowledge and authorization of Shearson Lehman had certified checks transferred be tween two personal accounts at the firm then periodically transferred some of the funds to outside accounts some overseas Giuliani said. The company called it a Check kiting scheme in which checks Are drawn on accounts where funds do not exist. The transactions aroused the suspicion of a Shear son Lehman employee and led to an internal investigation in late March Giuliani said. He said his office was notified of the illegal transactions wednesday. This was a rusted High level employee with presumably a very Good record therefore his ability to Cash checks have checks certified and 10 move Check around would generally be assumed to be  Giuliani said. It was Only Al the stage when someone became very suspicious of these transactions that it was called to the attention of the company compliance department and it was found to be an astronomical amount  Podany said the initial investigation indicated that no customer accounts were involved in the scheme and that no customers sustained any losses Goez trial could last 4 to 5 weeks new York not after More than two years of Legal mane vering arguments begin monday in the trial of Bernnard h. Goetz for shooting four youths on a subway train. While the Case has raised Broad Legal and philosophical issues of self defense lawyers on both sides agree that the key will be he ability of witnesses to recall and interpret what they saw. Goetz the 39-year-old electrical Engi Neer from Manhattan who gained National attention faces charges of at tempted murder and assault. Claiming self defense he contends that he called a pistol on a downtown subway train on dec. 22,1984, and shot the youths because he feared they would Rob him. On Friday Goetz s lawyers made a last minute plea to postpone the trial in reject me their request. Justice Stephen 0. Crane of state supreme court said there comes a Point where the need to keep this Puzzle together outweighs my desire to Accomma  whether Goetz was justified in using deadly self defense win be the final question for the jury to answer at the end of the trial which is expected to take four or five weeks. Sands of Lime in the stars and stripes 40 years ago today. April 27, 1947 american Tele phone & Telegraph co. Rejected an offer by striking Long distance operators who would Settle for a wage increase of s6 weekly half their original demand. 30 years ago today. April 27, 1957 an american physicist supported the theory that spaceship travelling close to the Speed of Light would constitute a modern Day Fountain of youth enabling space trav Elers to slow their aging. 20 years ago today. April 27, 1967 Senate critics challenged the course of american policy in Vietnam and the Home front Mission of Gen. William c. Westmoreland they raised the Specter of the conflict s wid ening into world War 10 years ago today. April 27, 1977 president Carter agreed to sell Iran five of the most sophisticated air planes in the american Arsenal at 3 Cost of Over half a billion Dol Lars administration sources said. Lutheran groups set to Complete merger after 13 years of planning Washington up Alto 13years of talk delegates from three major lutheran bodies Are ready to consummate their merger bringing together 5.3 million members in the nation s third largest main line protestant denomination. Despite sharing a common theological heritage extending Back to their namesake and founder of protestantism 16th Century reformer Martin Luther the Road to Columbus Ohio where the new evangelical lutheran Church i America will be officially formed this week has been a Rocky one. Even after the More than 1,100 delegates approve the new Church s Constitution and bylaws and elect a presiding Bishop some tensions will remain ranging from arcane issues such As the nature Rotthe ministry and the new body s ecumenical stand to the nitty Gritty of pension fund contributions. The merger which will reshape the face of lutheranism in the United slates will bring together the 2.9 million member lutheran Church of America the largest of the uniting bodies the 2.3 million member american lutheran Church and the 112,000-member association of evangelical lutheran churches a group of276 congregations that broke away from the ultraconservative lutheran Church Missouri Synod in 1978. The Missouri Synod with 2.6 million members will be the second largest of the 16 lutheran Church bodies that will still exist in the United states after the merger. Most of the others Are Small eth Nic entered groups such As the estonian evangelical lutheran Church with 24 donations per capita Fly ring i major us. Denominations lutheran Church Mia soul Synod american lutheran Church  of America United Church of cot Southern Apter conventionvmi2s5j7 United metro Church churches cat Rote Church measure annual giving on a per family basis at a average $245 Chicago Tribune graphic sources Nau Ontl Council of churches arced Xem at Chocs a congregations and 7,600 members or conservative sects such As the Concordia lutheran conference with six congregations and 227 members. A merger was first considered in 1975when the Alc and la established a committee on Church cooperation. In 1978, the Alec issued a Cah for Luther an Union and in 1983, All three bodies voted on a commitment to a new lutheran Church and established a 70-Mcmber com Mission fora new lutheran Church when the delegates gather in Colum bus this week die major Issue before them will be the election of a Bishop to head the new Church an election Leaf could take several ballots. The election has been Given fresh urgency by the announced withdrawal of two of the most popular potential leaders the Rev. Martin Marty of the Alec end the Rev. A George Anderson of the la. Both have widespread support across denominational lines and each was viewed As a possible consensus candidate. Their withdrawal leaves Bishop Davi Preus head of the Alc As the front run Ner but la delegates Are understood to be adamantly opposed to hint. A number of la sources said they expect their delegates to rally around the candidacy of the Rev. Reuben Swenson current Secretary of la. The second highest Post in the biggest of the three merging groups. The sources predict the election could run to As Many As five or six ballots if in comes too Choice Between Porcu Sandwen Tribune paid to 8 fa7/ed in Iron desert Arlington a. A a bugler Bow taps on saturday to Honor the eight servicemen who died seven years ago int be iranian desert during an attempt to Rescue american hostages. Four former hostages and More than a dozen air Force and Marine officers who had been on the ill fated Rescue Mission joined the memorial service at Arlington National cemetery. L. Bruce Laingen who was charge d affaires at the . Embassy in Tehran when it was stormed and its occupants taken hostage by radicals said while no Day hurts More. Than the Day when these Brave men lost their lives in an attempt to reach us no Day makes us More proud As Well because of the Way in which they. Stood for that cause of human Freedom. For thai All of us. Will forever be grateful.1 the americans were taken hostage on nov. 3,1979, by a mob of militant iranian students. They were held captive for 444 cays. Three marines and five air Force members were killed on april 25, 1980,when a helicopter and a transport plane crashed in Iran s great Salt desert alter a Mission to Rescue the 52 americans was called off. Writers Guild ratifies new Abc contract new York up Abc new writ ers saturday ratified by a 135-2 Vole anew contract to end 3 nearly eight week strike in a Battle Over Job Security an budget cuts at the network. The contract was recommended by the writers Guild of America a Union spokesman said. The vote ended an Oflyn Hitler strike that began March 2 when new writers and other employees of Bolh the Abc and lbs news divisions walked off their jobs. The lbs employees ratified a two year contract april 16 and returned to work. The Abc workers were expected to return to their jobs beginning sunday Union officials said. The Mrike had idled some 200 news writers editors producers graphic artists researchers and assistants. Like the walkout at lbs in entered on Union contentions that he network sought to destroy Job Security provisions gained in previous contracts. The 35-month agreement retroactive to March 2, Calls for Abc to submit pro posed dismissals to arbitration and to establish a formula for layoffs based mostly on seniority Union officials said. It also includes an Imit dial j per cent Arcott the Board pay raw. With additional j percent hikes in each of the next two Jean fora local 9 per Cronl raise  
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