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Richard Grassgreen

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August 3, 1991 | From Associated Press
The founder of Kinder-Care, the nation's largest child day-care chain, pleaded guilty Friday to evading taxes on $482,500 that he received for pledging company money to deals by Drexel Burnham Lambert Inc. Perry Mendel, 69, entered the plea in federal court after the case was transferred from New York, where he and former Kinder-Care President Richard Grassgreen were indicted in a spinoff from the Michael Milken prosecution.
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BUSINESS
August 3, 1991 | From Associated Press
The founder of Kinder-Care, the nation's largest child day-care chain, pleaded guilty Friday to evading taxes on $482,500 that he received for pledging company money to deals by Drexel Burnham Lambert Inc. Perry Mendel, 69, entered the plea in federal court after the case was transferred from New York, where he and former Kinder-Care President Richard Grassgreen were indicted in a spinoff from the Michael Milken prosecution.
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BUSINESS
October 23, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
A lawyer who advised the Drexel Burnham Lambert junk bond department on the legality of transactions testified Monday that information about improper or illegal activity was withheld from him. The lawyer, Craig Cogut, said however that the information was withheld by Michael Milken's brother, Lowell. Cogut said he never discussed the questionable transactions, involving Storer Communications warrants, with Milken.
BUSINESS
October 23, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
A lawyer who advised the Drexel Burnham Lambert junk bond department on the legality of transactions testified Monday that information about improper or illegal activity was withheld from him. The lawyer, Craig Cogut, said however that the information was withheld by Michael Milken's brother, Lowell. Cogut said he never discussed the questionable transactions, involving Storer Communications warrants, with Milken.
BUSINESS
October 18, 1985
Kinder-Care Learning Centers Inc., Montgomery, Ala., named Richard J. Grassgreen president and chief operating officer.
BUSINESS
October 19, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
A former mutual fund manager testified Thursday that Drexel Burnham Lambert's junk bond department arranged very profitable personal investments for him at the same time it pressured him to buy risky securities for his funds.
BUSINESS
October 24, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
Frederick H. Joseph, Drexel Burnham Lambert's former chief executive, confronted Michael Milken in court Tuesday for the first time and implied that Drexel's longtime star employee had lied to him. Joseph also seemed to damage Milken's case in pre-sentencing hearings by stating that Milken had violated written company rules on ethics.
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