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March 20, 1990 | LANCE IGNON, TIMES STAFF WRITER
Donald C. Carter, who turned the dull world of proxy solicitations into a business as boisterous and tough as the Brooklyn streets he grew up on, was suspended Monday from the company that bears his name. VPI Group, the British parent company of the Carter Organization, suspended Carter after he announced in a newspaper article that he plans to plead guilty later this week to two felony counts of grand larceny and tax evasion.
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BUSINESS
March 20, 1990 | LANCE IGNON, TIMES STAFF WRITER
Donald C. Carter, who turned the dull world of proxy solicitations into a business as boisterous and tough as the Brooklyn streets he grew up on, was suspended Monday from the company that bears his name. VPI Group, the British parent company of the Carter Organization, suspended Carter after he announced in a newspaper article that he plans to plead guilty later this week to two felony counts of grand larceny and tax evasion.
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BUSINESS
June 5, 1988 | PAUL RICHTER, Times Staff Writer
The boom in hostile takeovers really got up steam a few years ago when corporate raiders realized that they could raise money for their assaults by selling high-risk "junk bonds," such as those issued by Drexel Burnham Lambert. And the man who dreamed up this history-making idea was Don Carter. So says Don Carter, at least. As proxy solicitor Donald C. Carter tells it, the new age of hostile takeovers basically began in 1983, when Carter took corporate raider T. Boone Pickens Jr.
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