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NEWS
March 19, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
For the third time in less than seven years, federal regulators are moving to impose a severe sanction on Los Angeles-based LippoBank--owned by James Riady, the Indonesian financier who figures prominently in the Democratic fund-raising controversy. People familiar with the matter said that the Federal Deposit Insurance Corp. would act against Riady's LippoBank this month because of its weakened financial condition.
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NEWS
August 29, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
His boss is James T. Riady, the elusive billionaire who refuses to answer Senate investigators' questions about his relationship with President Clinton. Another of his longtime superiors was John Huang, the fallen Democratic fund-raiser who also is refusing to talk. In fact, James E. Per Lee, president and chief executive officer of LippoBank California, has spent more time with Riady and Huang than any federal agent or congressional staffer assigned to the campaign finance investigations.
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NEWS
November 17, 1996
I am challenging every person who reads this letter to give away any free turkeys they may receive this Thanksgiving. Some people will receive these turkeys through spending programs and contests. Many of these people could purchase their own turkeys, may not wish to serve turkey on this day, or may not celebrate this day at all. Many more people will go without adequate food today, Thanksgiving Day, and the days that follow.
NEWS
March 19, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
For the third time in less than seven years, federal regulators are moving to impose a severe sanction on Los Angeles-based LippoBank--owned by James Riady, the Indonesian financier who figures prominently in the Democratic fund-raising controversy. People familiar with the matter said that the Federal Deposit Insurance Corp. would act against Riady's LippoBank this month because of its weakened financial condition.
NEWS
August 29, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
His boss is James T. Riady, the elusive billionaire who refuses to answer Senate investigators' questions about his relationship with President Clinton. Another of his longtime superiors was John Huang, the fallen Democratic fund-raiser who also is refusing to talk. In fact, James E. Per Lee, president and chief executive officer of LippoBank California, has spent more time with Riady and Huang than any federal agent or congressional staffer assigned to the campaign finance investigations.
NEWS
April 19, 1997 | From Times Staff and Wire Reports
James Riady, the Indonesian tycoon whose support of President Clinton is now a subject of numerous federal investigations, has injected an additional $6 million into his Los Angeles-based bank to satisfy federal regulators. Riady's LippoBank of California also announced that it will trim its work force and will dispose of "a group of nonperforming real estate loans," in an effort to reduce the bank's annual overhead by about $1.2 million.
CALIFORNIA | LOCAL
March 20, 2001 | DAVID ROSENZWEIG, TIMES STAFF WRITER
James Riady, an Indonesian friend of former President Bill Clinton, pleaded guilty to a felony charge Monday and was fined a record $8.59 million for bankrolling illegal foreign campaign contributions to an assortment of American politicians. "Mistakes have been made which I regret," Riady told Los Angeles federal court Judge Consuelo B. Marshall before being sentenced to two years' probation.
BUSINESS
February 16, 1995 | Times Staff and Wire Reports
First Union to Open L.A. Office, Expand Pacific Network: Charlotte, N.C.-based First Union Corp. said it would open a Los Angeles office in an expansion of its Asian trade-finance alliance with Indonesia-based Lippo Group. The office, in Lippobank of California, will be First Union's first West Coast foothold and its doorway to a Pacific Rim network in Lippo Group offices in Indonesia, Malaysia, the Philippines, Thailand and Vietnam. First Union, the ninth-largest U.S.
CALIFORNIA | LOCAL
January 17, 2001
James T. Riady, who heads the worldwide Lippo banking group and is a longtime friend of President Clinton, appeared in Los Angeles federal court Tuesday on charges related to illegal campaign contributions in the 1996 Democratic fund-raising scandal and during previous years. Last week, Riady, 44, of Indonesia, agreed to plead guilty to one felony count of conspiring to make illegal campaign contributions to Democratic candidates through foreign sources.
NEWS
November 17, 1996
I am challenging every person who reads this letter to give away any free turkeys they may receive this Thanksgiving. Some people will receive these turkeys through spending programs and contests. Many of these people could purchase their own turkeys, may not wish to serve turkey on this day, or may not celebrate this day at all. Many more people will go without adequate food today, Thanksgiving Day, and the days that follow.
NEWS
November 19, 1996 | GLENN F. BUNTING and DAVID WILLMAN, TIMES STAFF WRITERS
A Democratic fund-raiser under investigation in the controversy over foreign-linked donations made at least 70 calls from his government office to a Los Angeles bank owned by his former Indonesian employer, according to telephone logs obtained on Monday. John Huang, an ex-Commerce Department official from Glendale, also made a series of calls to prominent businessmen in Arkansas and people with extensive financial interests in Asia, the records and interviews show.
CALIFORNIA | LOCAL
August 31, 1991 | JONATHAN GAW, TIMES STAFF WRITER
Afederal bankruptcy court judge Friday approved United States International University's bailout plan to pay its creditors all of what they are owed. The university's reorganization plan, which it had filed with the court in May, includes the sale of its prestigious London campus as well as 57 acres in Scripps Ranch in an attempt to pay off a debt estimated by its creditors to be as high as $30 million.
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