Milken's money course draws campus interest
Former junk-bond king Michael Milken is the hottest ticket on campus at the University of California, Los Angeles, and he is teaching for free.
The finance figure, who served two years at a minimum-security prison after pleading guilty in 1990 to manipulating stock prices, began teaching a class this week on corporate money-making.
"He made $550 million in one year. It blows your mind," gushed Michael Seery, one of 60 graduates students in the class.
Mr. Milken, 47, must complete three years of community service and works at an after-school drug prevention program.
Jackson resumes tour in Argentina
Pop superstar Michael Jackson resumed his worldwide "Danger ous" tour yesterday in South America, after taking a respite in the Swiss chalet of his friend Elizabeth Taylor.
Concert stops in the Western Hemisphere portion of the tour include Buenos Aires, Chile, Peru, Mexico, Venezuela and Puerto Rico.
"He's having a wonderful, delightful time," said Lee Solters, Mr. Jackson's publicist in Los Angeles.
He added that although the singer had canceled concerts during the Asian leg of his tour because of illness, he is feeling better.
A lawsuit filed on behalf of a 13-year-old boy in the midst of a bitter custody battle between his parents accuses Mr. Jackson of seducing the youngster.
Basinger has month to explain finances
Actress Kim Basinger has a month to come up with a new debt-repayment plan, after a judge posed questions about her list of shrinking assets and expenses that include thousands for pet care.
Debts include $8.1 million in damages for breaching a contract to star in the movie "Boxing Helena."
U.S. Bankruptcy Judge Geraldine Mund grilled lawyers about the existing debt reorganization plan, which included a claim that a house for which Ms. Basinger paid $1.2 million is now worth $600,000. Other items the judge questioned were a $600-per-month gardener bill and thousands of dollars a month in pet expenses.
The movie star was ordered to pay Main Line Pictures $8.1 million for backing out of "Boxing Helena."
After the judgment in March, she filed a Chapter 11 bankruptcy petition and appealed the verdict.
Former U.S. Sen. Gordon Humphrey, R-N.H., is 53. Singer Jackson Browne is 44. Former football player Mike Singletary is 35.