European Stars and Stripes (Newspaper) - June 17, 1992, Darmstadt, Hesse                                Wednesday june 17, 1992 the stars and stripes a Page 5 Bush s brother target of suit by japanese by Robert j. Mccartney the Washington Post new York a a Tokyo investment company linked to the japanese underworld has filed a $2.5 million suit against Prescott s. Bush jr., president Bush solder brother Over an investment that he helped arrange in an american firm that collapsed last year. The lawsuit by West Tsushio co., was filed in Federal court in new York on May 8 but attracted Public attention Only monday when a judge ordered the older Bush to respond by june 25. The suit involves Prescott Bush a role As a member of the senior advisory Board of asset management International financing amp settlement ltd., or amiss. Founded in 1987 As a new York based merchant banking firm asset management entered bankruptcy court proceedings in March 1991 and was liquidated earlier this year. According to the complaint by West Tsushio Prescott Bush reneged on a Promise he allegedly made in the summer of 1989 to protect West Tsushio against part of the risk that it might lose Money when it invested $5 million in asset management at that time. According to the lawsuit and a copy of a letter from Prescott Bush that was made available by the japanese company a lawyer the older Bush agreed to pay West Tsushio $2.5 million if asset management were liquidated within five years. Prescott Bush received $500,000 in fees for helping to arrange the Deal according to documents filed by asset management with the securities and Exchange commission. He did not return a message left on the answering machine at his Home in Greenwich conn., and Calls to two of his attorneys also were not returned. Prescott Bush a involvement with West Tsushio and asset management attracted attention a year ago when it was revealed that japanese police had concluded that West Tsushio was an Arm of a company controlled by Susumi Ishii who was one of Japan Stop organized crime figures. Ishii died last september. West thus How a . Attorney John r. Bartels jr., said the japanese company a reputed mob connections were a totally irrelevant a to the suit against Prescott Bush. Asset management said last year that no one at the company a had any knowledge whatsoever of the reported links Between West Tsushio and gangsters at the time that the investment was made. Prescott Bush attracted headlines earlier this year when he went on a business trip to Asia shortly before the presidents own Trade Mission there. Asked about the West Tsushio lawsuit. White House spokeswoman Laura Melillo said the president would not comment on a a private matter Quot the associated press reported. West Tsushio apparently paid a Premium Price for its stake in asset management which was set up to make Money by providing financing services to exporters and importers. The japanese company paid slightly More than $1 a share for its 4.8 million shares in asset management whereas in 1990 the Stock traded on the Over the counter Market for Between 12.5 cents and 14 cents a share. Prescott Bush was Only one of several prominent business executives on asset management s senior advisory Board according to a company brochure prepared for potential investors. Other senior advisers listed in the brochure included retired adm. Elmo r. Zumwalt jr., former chief of naval operations Lyman c. Hamilton former president of International Telephone amp Telegraph corp. And Raymond g. Petersen then executive vice president of the Learst magazines subsidiary of Hearst corp. In t i i a and s i Midi s 10 years ago june 17,1982 a the . Supreme court ruled 5-4 that children of illegal aliens have a right to a free Public education and unanimously ruled that japanese owned companies operating and incorporated in the United states could not discriminate by hiring Only japanese men for executive jobs. 20 years ago june 17,1972 a Clifford Irving was sentenced to 2vz years in prison his wife Edith was Given a two month term and they were fined $10,000 each for concocting a the literary fraud of the Century Quot a a bogus autobiography of billionaire Howard Hughes. 30 years ago june 17,1962 a South Korea s entire Cabinet resigned after it. Gen. Song to Chan quit As the country a Premier. To chants resignation was in apparent protest against the currency Reform decreed the previous week by Gen. Park Chung heels military regime.40 years ago june 17,1952 a an unarmed swedish air Force Catalina search plane was shot Down by soviet Mig-15 Jet fighters Over the Baltic sea. A mob of angry swedes shouted a we want to see Stalin hanged Quot outside the soviet embassy in Stockholm Sweden. Won w a ii50 years ago today a june 17 1 a 9 4 2 the Atria Korps advances to the coast East of Obruk cutting the ports tast land link with Britain s 8ft army the British 4th army brigade suffers heavy losses trying to break through Axis troops near Sidi Razegh. On the Southern soviet tront German and romanian forces storm the Quot Siberia fortress at Sevastopol a key Strong Point defending the crimean port source 2194 Days of War w h Smith it ers in world almanac Book of world War ii h son Hoo con 9h1 a building Faith in police will take time new  los Angeles a Willie l. Williams the Man chosen to Lead the City a troubled police Force through the 1990s, urged residents monday to give him time to restore Confidence in the department and boost officer morale. It 1 Zorn Williams who is scheduled to be sworn in june 30, said he understands the Public a desire for change in the 7,900-member department after the Rodney g. King beating in March 1991 but said citizens  forms overnight. A i think some of the expectations May be a Little too High and that a Only because the City has undergone such a dra Williams expect re Matic series of events in the past 15 months a Williams said in an interview. A but i think ill be Able to fairly Well manage and balance the demands that Are going to be placed upon me in the next couple of weeks and  Williams Philadelphia a former police commissioner was hired in april to replace Daryl f. Gates who is retiring under pressure after the videotaped beating by White police officers of King a Black Motorist last year. Williams is los Angeles first Black police chief. Gates who critics say condoned racism and brutality in the department has filed papers indicating he will hand in his badge on june 28. Williams said boosting officer morale will be his biggest Challenge As chief. He said demoralizing factors include the King beating bickering among top command officers and criticism of police response to the riots that followed the a department chief says quintals of four men in the King beating. A the officers feel like that they be been put upon and attacked from every Quarter a Williams said. A some of them told me the other Day a there a no place to go but up because we re further Down then we Ever in our lives thought we would  a Williams said showing officers he is eager and ready to Lead the department is a key to lifting morale. He said he plans frequent trips to its 18 divisions in the coming year to speak with rank and file officers about their problems. Once he becomes chief Williams said he will conduct a thorough examination of the department to determine what reforms Are needed and what they would Cost. He said he expects the process to take 90 to 120 Days. Williams said that because he is Black he expects it will be easier for the department to Bridge its differences with the Community a minority populations. New York City probes hotel arsons by the new York times new York a a fire broke out in an exercise room at a Midtown Manhattan hotel on monday night Only hours after mayor David n. Dinkins had formed a task Force to investigate a string of 10 other suspicious but Small fires set in unoccupied rooms and closets in other hotels in Midtown. In creating the task Force the mayor sought monday to reassure tourists and thousands of delegates coming to the democratic National convention next month. The latest fire at the Marriott East Side hotel at 49th Street and Lexington Avenue was reported at 6 50 . On the third floor fire officials said. A sprinkler system immediately extinguished the fire which began in a pile of clothes and other linens. Fire officials said that they had no new leads and Little evidence of a pattern in the fires and that they had not linked the fires to one culprit or group of arsonists. A to say that its bizarre is putting it mildly a said Deputy fire commissioner Tom Kelly who termed monday nights fire suspicious. A these Are nuisance fires set in one room with the potential since they arc set in hotels for a serious  hotel officials continued to say they were surprised that arsonists have slipped so often through Security they consider tight a and growing tighter since the first fire was set june 6. Chris Godek a hotel association spokeswoman said none of the doors on the rooms where the fires had been set showed signs of being forced open. In announcing the creation of the task Force Dinkins said the a series of suspicious fires in the past week represents a danger Ous risk to Public safety that must be addressed  the task Force will consist of lire marshals and police detectives who will investigate All hotel fires. As part of the Effort fire officials met monday with representatives of the hotel association of new York to suggest ways to increase Security a step some hotels said they had already taken in the form of More hallway patrols. Noriega s wife cuts Deal charges dropped Miami apr prosecutors dropped shoplifting charges against Manuel Antonio Noriega a wife monday after she agreed through her attorney to pay $1,300 restitution and perform 100 hours of Community service. The Deal which prosecutors said was common for first time non violent suspects ensures Felicidad Noriega will not join the ousted panamanian Leader in prison where he awaits sentencing on a Federal drug conviction. Felicidad Noriega and a Friend arrested with her Rosa Busto will not even have to return to court under the arrangement. Felicidad Noriega was out of the United states with the courts permission monday according to attorney Leon Tozo who helped with her husbands Case and represented her in the Brief hearing. He refused any comment outside court. Prosecutor Anne Lyons said that under the pre trial intervention Deal Felicidad Noriega does not necessarily have to return to perform her Community service. Felicidad Noriega was arrested March 20 at a Miami area Burd incs department store during her husbands trial Here. Authorities said a surveillance camera caught Busto plucking buttons from expensive designer dresses As Felicidad Noriega held up clothes in an apparent Effort to hide her friends activities. Police found 27 buttons Worth $305 in their shopping bags. Under the agreement the women will also have to pay Burdine $1,321 for the buttons and damage to the dresses As Well As sign an agreement not to sue the store for false arrest. Such documents arc common when prosecutors drop charges As part of a plea agreement Lyons said