European Stars and Stripes (Newspaper) - November 23, 1990, Darmstadt, Hesse                                Page 24 a the stars and stripes Friday november 23,1990 of wry a Ltd Michael Milken with wife Lori arrives in court. Milken from Page 1 Tion of Justice by Milken in handing Down the sentence. He was ordered to begin his sentence March 4, 1991. No Federal prison was designated. He must serve at least a j of i. E. The sentence capped the Long tumultuous Saga of the a us a  Law Iii uni Ouw Ai Ivari Lis prison term before he can be considered one third for release. Nce Cappe of former Drexel Burnham Lambert inc. Executive who was first implicated in an aggressive government insider trading investigation of Speculator Ivan Boesky in 1986. Milken of Encino calif., personally made More than $1 billion through a junk Bona Empire that altered american corporate finance in the 1980s. Sobbing at times during the 90-minute hearing he told the judge a what i did violated not just the Law but All of my principles and values and i will regret it for the rest of my life. I am truly  before Wood pronounced the sentence Milken a attorney Arthur Liman asked her to consider the financiers More than $360 million in charitable contributions and other acts of generosity. A the will never repeat his mistakes. He is a changed person a Liman said. But assistant . Attorney Jess Fardella countered that a despite his talents and opportunities or. Milken sought to multiply his Success through the vehicle of  Milken pleaded guilty in april to six counts of conspiracy and fraud related to illegal securities trading after denying a much broader array of accusations. None of the charges involved insider trading or junk Bonds the risky debt securities Milken turned into a tool for capital raising and corporate takeovers. As part of his plea bargain Milken also agreed to pay $600 million in fines and restitution to defrauded investors the largest penalty against an individual in . History. The Wall Street fraud probe revealed seamy pockets of corruption at top firms during major investment deals and resulted in about 50 indictments. Boesky by comparison was sentenced to three years in prison and penalized $100 million after pleading guilty to one criminal count of lying to Federal regulators. He served 18 months in prison. Before he was sentenced Milken wrote an 11-Page letter to Wood apologizing for his crimes and asking for a Chance to rebuild his life by performing Community service. A i never dreamed i could do anything that would result in being a Felon a Milken wrote. A but i did break the Law. I was wrong and no matter How sorry i am 1 have to accept that  Wood delayed sentencing originally scheduled for oct. 1, for a hearing into government charges of additional crimes beyond Milken a guilty plea. Prosecutors revealed that Drexel paid Milken a total of $1.1 billion from 1984 to 1987, including $550 million the final year. That $550 million paycheck put him in the guinness Book of world records. Drexel in february filed for chapter 11 bankruptcy Protection. The firm was Hurt by its 1989 guilty plea to six felonies its agreement to pay $650 million in penalties and the collapse of the junk Bond Market. Regulators have pinned much of the blame for the savings and loan crisis on Drexel accusing it of plundering a amp is through its junk Bond practices. Services get of to halt retirements discharges by the new York times Washington a the defense department has Given the military services authority to halt retirements and indefinitely extend All periods of enlistment to avoid depleting their ranks As the United states builds up its troops in the persian Gulf Region. Officials said wednesday night that the army had decided to use the authority to halt about 1,500 retirements and enlistment expiration a of North. They said no decision had yet been made by the i Navy air Force or Marine corps. The order which is to take effect at the beginning of december would broaden the Quot authority the services now have to suspend All retirements for personnel involved in the persian Gulf operation. Several thousand service members have been affected by this order since defense Secretary Dick Cheney authorized the recent move to Stop the departure of service members with critical technical and combat skills. The move which the Pentagon called a a Stop loss order was first reported on lbs news wednesday night. A the purpose of this is to maintain the readiness capability of troops elsewhere in the world a said an army official who spoke on condition of anonymity. The army in particular has expressed concern that with about 120,000 soldiers already in saudi Arabia and with More than 100,000 on the Way it would be difficult to replace officers and enlisted personnel who retired or departed for other reasons from army posts around the world. The army has about 760,000 Active duty personnel. The american deployment in the persian Gulf now numbers about 230,000 troops. The army official said that the departures could weaken military readiness and leave american forces vulnerable if trouble broke out in another part of the world. _ a Marine official contacted on wednesday night said he was not sure if his service would use the new authority because the first a Stop loss order probably applied to virtually All 196,000 marines and was expected to halt the departure of several thousand. The Navy has not used the authority under Cheney a original order. Navy officials however said they were considering use of the broadened authority to retain naval dentists doctors and medical technicians. A Pentagon official who spoke on condition of anonymity said that exceptions to the new policy would be made Only for certain mandatory retirements and hardship cases that include family medical  Page 1 warned that Steps against Saddam should be taken at once. Bush said he and the Monarch Sheik Jaber Al Ahmed Al Sabah agreed that a peaceful Resolution of the crisis remained desirable. But a we also agreed that All options remained open and that Steps needed to be taken right now in order to make those options credible and effective a he said. Bush said the exiled Emir a showed me some pictures that Are so cruel and so brutal that it just turns your stomach. The matter is going to be aired in the United nations next  Lyndon Johnson and Richard Nixon were the last presidents to enter a combat area both daring to do so for a few hours in Southeast Asia during the height of the Vietnam War. A fiery Johnson went there on oct. 26, 1966, and on dec. 23,1967. He exhorted the troops to fight on in the highly unpopular War that eventually drove him from office. Secretary of state James a. Baker Iii accompanied Bush to saudi Arabia but split off to Fly to Yemen on wednesday to seek support for a . Resolution authorizing military Force to drive Iraq out of Kuwait. He expressed impatience about the possibility of having the Resolution approved before the end of the month when the United states loses the rotating chairmanship of the . Security Council to Yemen. Any Resolution giving Advance authority to use military Force would have to be approved by the 15-nation Security Council. 3 a if this is going to happen a Baker said a that is a process that must begin at some time. This is the 22nd of november and november has 30  Baker was to Fly thursday to san a the capital of Yemen to drum up support for the Resolution. During his Brief visit to Yemen Baker was scheduled to the . Case to the country a president Gen. Ali Abdullah Saleh and foreign minister Abdul Karim Al Irani. Yemen located on the Southwest Corner of the arabian Peninsula is the Only Arab nation on the . Security Council. In the past it has shown some sympathy toward Iraq and has criticized the buildup of . Forces in saudi Arabia. Saddam sent his foreign minister Tariq Aziz to Yemen on tuesday to deliver a message on the Gulf situation according to the official yemeni news Agency. Officials said Baker would return to Liddah late thursday and might meet Friday with malaysian officials. Malaysia located on the Southeastern tip of Asia also is a member of the Security Council. Since last weekend Baker has met with the foreign ministers of eight nations on the  takes Over Southern come Howard fab Panama up a Gen. George a. Joulwan took Over As chief of the . Southern come wednesday in a Brief ceremony at Howard fab 5 Miles West of Panama City pledging to help latin american nations combat drug trafficking and terrorism. Joulwan 51, replaces Gen. Maxwell r. Thurman As commander of the . Military forces in latin America. Thurman one of the chief architects of the . Invasion of Panama last december is retiring from the army. About 10,000 troops Are stationed in the Southern come which is the Headquarters for the . Military in latin America. Joulwan a Vietnam Veteran previously served was commanding general of v corps in Germany . Army Europe 7th army and the 30th army a was a special assistant to the supreme Allied command in Europe. Judge to study War Power authority Washington fast a a  a a Washington apr a Federal judge wednesday scheduled an emergency hearing for dec. 4 on the Effort by 45 congressional democrats to bar president Bush from ordering an attack on Iraq without congressional approval. . District judge Harold h. Greene gave the government until monday to file its response. Greene said that at the hearing he would hear arguments on the lawmakers motion for a preliminary injunction. The lawmakers contend in the lawsuit filed tuesday that under the constitutions War Powers clause Congress must debate and vote on a declaration of War before . Troops May attempt to dislodge iraqi forces from Kuwait. Greene a Liberal Democrat appointed by form resident Carter rejected the Justice departments m turn to Transfer the Case to . District judge Royce in j  was appointed by former preside Dnald Reagan. Lamberth is considering a separa i Haef a Ang president its War Makins Powers by Sange a recently activated army National Gua ?rt1a  a court order that he be returned Strain ates most a bid for a temporary i East a St u t0u a his deployment to the midd int inn l scheduled a dec. 10 hearing on 1 a in nope p.�0113116111 injunction saying the Ca poses a difficult Legal