Names in the News
PONTIAC, Mich. (AP) _ Lee Iacocca is having more luck making deals with his estranged wife than with Chrysler’s board of directors.
Darrien Iacocca has agreed to a divorce settlement that is close to the $4 million deal she rejected six months ago, a friend of the former Chrysler chairman told the Detroit Free Press.
Lawyers presented the settlement to a judge on Monday. ``The terms were mutually acceptable,″ said Iacocca’s lawyer, Philip Vestevich.
Also Monday, Chrysler Corp.’s board formally rejected a proposal from Iacocca and investor Kirk Kerkorian to buy the automaker for $22.8 billion.
Mrs. Iacocca, 55, and Iacocca, 70, married in March 1991. He filed for divorce Sept. 1, 1994. She is Iacocca’s third wife.
NEWARK, N.J. (AP) _ Despite a lien on his 440-acre estate, John Z. DeLorean is refusing to pay $10.3 million to the lawyer who helped keep him out of jail on cocaine trafficking and embezzlement charges.
``What this guy’s trying to do is grab as much as he can,″ DeLorean, 70, said Tuesday after attorney Mayer Morganroth threatened to have the Bedminster estate and farm sold at a sheriff’s sale.
A federal jury in Detroit ordered DeLorean to pay Morganroth $5.3 million in back legal fees, plus $5 million in damages. DeLorean is appealing.
Morganroth claims he handled about 40 cases for DeLorean, helping win acquittals in cocaine trafficking and embezzlement trials.
DeLorean, whose sports car company collapsed after his 1982 arrest on cocaine charges, said Morganroth is exaggerating his role.
MINNEAPOLIS (AP) _ Joe Montana may be retired, but he won’t be put out to pasture.
The future Hall of Fame quarterback plans to buy into the IndyCar racing team sponsored by Target discount stores, sources told The Associated Press on Tuesday. Montana scheduled a news conference for this afternoon.
Montana, who spent 16 years with the San Francisco 49ers and Kansas City Chiefs, became interested in auto racing when he took part in a 1984 celebrity race in Long Beach, Calif.
Walter Payton, the NFL’s all-time leading rusher, also is part-owner of an IndyCar team. Former Washington Redskins coach Joe Gibbs owns his own team on the NASCAR circuit.
NEW YORK (AP) _ When Dizzie Gillespie’s original bent-bell trumpet went on the auction block, the bidding followed the path pointed by the horn.
The trumpet sold for $63,000 Tuesday at Christie’s. Its bell was bent 45 degrees when a dancer tripped while performing at a birthday party for Gillespie’s wife in the early 1950s. It also has two small dents made by a snake charmer’s king cobra, which lunged at Gillespie during a trip to India.
The late Gillespie used horns with bent bells ever since the dancing accident. ``I can hear my mistakes quicker,″ he once said.
Part of the proceeds were being donated to Englewood Hospital and Medical Center in New Jersey, where Gillespie was a patient before he died in 1993.
Two other horns kissed by jazz legends also were auctioned off. Coleman Hawkins’s tenor saxophone brought $19,500, and a soprano sax of Dexter Gordon’s sold for $10,925.
Jimi Hendrix’ leather guitar strap went for $11,500, and a sign John Lennon drew directing reporters to his 1969 ``Bed In for Peace″ with Yoko Ono sold for $18,400. Fender Stratocasters that belonged to guitar legends Stevie Ray Vaughan and Frank Zappa sold for $21,850 and $11,500.
BERKELEY, Calif. (AP) _ David Brower, one of the founders of the modern environmental movement, is feeling good after having a pacemaker implanted and should be going home soon, a hospital spokeswoman said.
Brower, 82, said he had the operation ``to catch up with himself″ after collapsing with heart trouble on Sunday, Carolyn Kemp, a spokeswoman at Alta Bates Hospital, said Tuesday.
Brower was the Sierra Club’s first executive director, from 1952 to 1969, and later founded the Earth Island Institute.
His recent book ``Let the Mountains Talk, Let the Rivers Run″ criticizes today’s environmental movement for making too many compromises. The book is published on paper made from the hemp-like plant kenaf.