European Stars and Stripes (Newspaper) - April 22, 1990, Darmstadt, Hesse                                Sunday april 22, 1990 the stars and stripes Page 5 Bond King Milken to plead guilty reportedly agrees to $600 million penalty from wire reports new York a Michael r. Milken the financier who invented the junk Bonds that fuelled the biggest Bull Market on Wall Street since the 1920s, agreed Friday to plead guilty to six felonies and pay a $600 million penalty to Settle the largest securities fraud Case in history sources briefed on the Accord said. The reported settlement Between Milken the former head of the High yield Bond department at the defunct Drexel Burnham Lambert inc., and government prosecutors is an agreement in principle. A final pact must be approved by . District court in Manhattan this week. If As expected the agreement is then made final it would end the largest criminal Case in Wall Street history. Under terms of the agreement Milken will not plead guilty to any charges of racketeering or insider trading the sources said. Rather the charges focus on fraudulent activities involving securities trading. In pleading guilty to six lesser charges Milken appears to have avoided the much longer prison sentence that would have been Likely had he been convicted of the harsher counts of insider trading and racketeering. A single racketeering count would have carried a 20-year sentence. It was unclear whether the government would recommend a specific sentence to . District judge Kimba Wood. Milken would face a maximum of up to 30 years in prison on the six felony counts. But prosecutors could recommend that Milken serve the counts concurrently for a maximum term of five years in prison. Milken 43, is widely acknowledged As one of the most important financial figures of the 1980s. Through Drexel he raised billions of dollars by issuing junk Bonds that allowed hundreds of companies to grow and also fed a wave of hostile takeovers. Milken and Drexel were implicated by Speculator Ivan Boesky who cooperated with the government in settling charges that he ran an insider trading network on Wall Street in the 1980s. The probe made Milken and Drexel its main targets following the november 1986 guilty plea by Boesky. Milken and two others including his brother Lowell were indicted last year on 98 counts of securities fraud and racketeering related to insider trading and other securities violations in a series of takeover deals from 1985 to 1987. As part of the Deal the government agreed to drop All charges against Lowell Milken the sources said. Assistant . Attorney John k. Carroll declined to comment on the reported Deal. A spokesman for Milken also declined to comment. If approved the Deal also would Settle separate civil charges brought by the securities and Exchange commission in 1988. The sources said the $600 million in fines would be split Between criminal fines and a fund for payment of any civil lawsuits related to Milken a activities. The settlement Marks a change of course for Milken who had pleaded innocent to the original charges and said through his lawyers that he would take the Case to trial. Milken is credited with reshaping corporate America through the use of High yield Bonds which ofter High interest payments to compensate for the risky nature of the companies that Issue them. He was paid handsomely for his work a receiving $1 billion from 1983-87, including $550 million in 1987 alone.4 soldiers buried 20 years after dying in Vietnam  Voia a c a Arlington a. Apr four american soldiers were buried in Arlington National cemetery Friday More than 20 years after their helicopter disappeared during a night Mission in Vietnam. The army says it still does no to know whether the helicopter crashed into a Mountain or was destroyed by enemy gunfire. The menus remains released by Vietnam in 1989, were buried in a single casket. A the void will always be there because i lost my son a said Wilma Vanden Eykel. A but in a glad that instead of wandering the Jungles for 20 years he is with the  the remains of her son Martin d. Vanden Eykel ii of Wheaton 111., were buried with those of William d. Sander Lin of fort Worth Texas Michael h. Shanleyjr. Of la Mesa Calif. And William c. Dunlap of Tucson Ariz. An army band marched to the grave leading the horse drawn Caisson that carried the casket. On an otherwise Cool and Cloudy Day the Sun suddenly appeared As the band Leader raised his Baton for a amazing Grace and the mourners settled into velvet covered chairs. The chaplain it. Col. John w. Morrison said a Short prayer and blessed the casket. A military firing squad fired three volleys and a bugler followed with taps. On dec. 2, 1969, Vanden Eykel and the other soldiers were aiding american ground troops by firing flares during night combat. Another helicopter on the same Mission warned that both aircraft had to change course to avoid a Mountain. Vanden Eykel 26 at the time said he text dizzy. He acknowledged the warning Veronica Shanley third from right of Lowell mass., reacts As the remains of her son sgt. Michael Shanley jr., Are buried but his helicopter soon disappeared. It Sanderlin a staff sergeant were con was never found despite a four Day firmed through dental records search. Vanden Eykel a chief warrant officer Vietnam returned 25 sets of american and Shanley a sergeant were never Posi remains in january 1989. The identities timely identified. But two months ago a of Dunlap a chief warrant officer and military Board ruled that the menus re Mains were among those of Dunlap and Sanderlin. A a there a no question in my mind Quot said mrs. Vanden Eykel a resident of Colleyville Texas. A they could not make this up. This is for  safety concern expressed Over compact motor Homes Sands of time Washington apr some 5,000 compact pickup trucks converted into Small motor Homes have a defect that could cause their rear wheels to come off according to Federal Highway safety officials. In the first such action in six years involving a vehicle on . Roads the National Highway traffic safety administration upgraded a two year old defects investigation into a an initial determination that a safety defect  the action taken last week could Lead to a recall but none has yet been ordered Nitsa spokesman Tim Hurd said Friday. Manufacturers usually Issue recalls on their own before the government forces the Issue. However the Issue is complicated by the fact that the motor Homes Are built by 30 different companies Hurd said. The last step before a recall order will be a Public meeting on May 23 in Washington at which anyone May testify the Agency determined that the motor Homes have overloaded rear axles which can cause failure of wheel bearings or Axle shafts and result in the vehicles wheels coming off. The vehicles have prompted 440 reports of problems including 16 accidents with injuries and 63 instances in which wheels Tell off the  the stars and stripes 40 years ago today. April 22, 1950 a . High commissioner John j. Mccloy announced the Western allies would not be in favor of the creation of a West Germany army.30 years ago today. April 22, 1960 a the House passed and sent to president Eisenhower a Bill providing for court appointed referees to help Blacks exercise voting rights. The Roll Call vote was�?~288-95.20 years ago today. April 22, 1970 a president Nixon ordered a 150,000-Man pullout of . Troops from South Vietnam within the year and promised a with confidences that All american troops would be withdrawn within an unspecified period of time.10 years ago today. April 22, 1980 a the Mother of Marine sgt. Kevin Hermening at 20 the youngest hostage being held in Tehran Iran met alone with her son and reported he was in excellent health and had gained two pounds while in Captivity