BUSINESS

Business Notes

September 19 1988
BUSINESS

Business Notes

September 19 1988

Business Notes

BUSINESS

BAKKER'S PTL BID

Jim Bakker, who resigned last year as head of the PTL (Praise The Lord) television ministry following revelations of his based ministry and its religious theme park. Bakker failed to raise $213 million by his Vancouver businessman Peter Thomas still has an offer on the table.

WALL STREET SCANDALS The Securities and Exchange Commission . ivestmen*. inc. and senior vice-president Michael Milken, head of its so-called junk bond department, with a series of insider trading '■ " : ; ' " th £ H . ci 0' III £ 84-nage ; ■ è s n Boesky.

AIR Ci Air Canada asked the U.S. Federal Court of .Appeal to overturn a National Transportation Agency order requiring it to cut until the court reaches a decision.

A FLIP ON TRIAL A preliminar}' hearing into the largest in a equipped with offices for six Crown attorneys and meeting rooms for four defendants and their lawyers. Financier Leonard Rosenberg is among those facing $337 million worth of charges arising from a 1982 Ontario real estate flip.

UNEMPLOYMENT UP eig' per >: er m c g«. s up from 9 : ■ . ; per cent in June. 9S Forbes magazine chairman Malcolm Forbes announced that former U.S. secretary of defence Caspar Weinberger, 71, * - r " iiéiH ei 9K m mme on Jan. 1. PRINCIPAL EVIDENCE A document filed at an Alberta Court of Queen’s Bench inquiry into the failure of two Alberta companies owned by Princic d c Edmonton ciaa is that ■ . . : : 0 . 0 a a 0000 '0'0' :f' .. 0 ■ ' . s 000 r serio