The Michigan Daily - Tuesday, October 11, 1988 - Page 5
Man
pleads
xguilty
to rape
BY DAVID SCHWARTZ
A Seattle-area man pleaded guilty
Friday to raping an Ann Arbor
woman almost 18 years ago, revers-
ing an earlier plea of not guilty. He
will be sentenced by Washtenaw
County Circuit Court Judge Patrick
Conlin on Nov. 17.
At his arraignment on Oct. 2,
Philip Carlock stood mute before
15th District Court Judge Pieter
Thomassen, so a plea of not guilty
was entered on his behalf.
Ann Arbor Police Detective Mark
Parin said Carlock confessed to the
rape in April to clear his conscience.
Carlock apparently thought the
statute of limitations governing how
long after the crime he could still be
prosecuted had expired, Parin said.
Police Chief William Corbett
said the normal statute of limitations
for a rape case is seven years, but the
time period was suspended because
Carlock left Michigan shortly after
the 1971 rape.
Carlock was charged under the old
rape laws, which were revised in
"974. His sentence could range from
probation to life in prison.
Before prosecuting Carlock, the
Ann Arbor police had to locate the
rape victim to find out if she wanted
to file a complaint against Carlock.
The woman, whom police found
living in Florida, agreed to sign the
complaint. Parin said she indicated
that her two marriages had been ru-
imed because of the rape.
Carlock was released last week
after posting 10 percent of a $20,000
bond. He was permitted to return to
his hometown of Kent, Wash., a
suburb of Seattle.
Carlock's attorney, Detroit lawyer
Marjory Cohen, could not be reached
for comment.
Yugoslav
'ofcials
counter
protest
BELGRADE, Yugoslavia (AP) -
Communist authorities put more
police on the streets and imposed
unspecified "urgent measures" in
Montenegro's capital yesterday, but
protests fueled by economic crisis
and ethnic tension did not stop.
Protest has swept much of south-
ern and eastern Yugoslavia in recent
weeks. Police used clubs and tear gas
for the first time over the weekend to
disperse Montenegrin students and
*workers demanding the dismissal of
local Communist Party leaders.
The weekend rally was an explo-
sion of anger about the austerity
program the government imposed in
May because of a $21 billion foreign
debt and inflation that has soared to
,an annual rate of 217 percent. Con-
cern for Montenegrins in southern
Serbia's troubled Kosovo province,
Iwhere Serbs and Montenegrins are a
,minority to ethnic Albanians, has
also stirred passions.
President Raif Dizdarevic went on
national television Sunday night to
appeal for calm, warning of unspeci-
fied emergency measures.
But unrest continued yesterday in
Titograd, the capital of Montenegro
280 miles southwest of Belgrade. In
Niksic, 30 miles north of Titograd,
,workers and 2000 students rallied
outside a government building and in
a steel mill where 2,800 workers
were on strike for a second day, the
official news agency Tanjug reported.
Tanjug reported, without details,
that "urgent measures" were imposed
#yesterday in Titograd and that
SEC
failed
job, House
panel says
WASHINGTON (AP) - The Se-
curities and Exchange Commission
has failed to investigate most reports
of suspicious foreign trading of U.S.
securities, despite a growing number
of illegal trades originating from
abroad, a House panel said Monday.
A report by the Government Op-
erations Committee said the SEC had
actively investigated only 61 of 229
reports from stock exchanges of sus-
picious foreign trade, mostly those
appearing to involve insider trading,
in 1986 and 1987.
The report was based on a year-
long investigation by the panel's
subcommittee on commerce, con-
sumer and monetary affairs.
The 168 incidents not investigated
by the SEC, the subcommittee said,
involved 503 foreign individuals,
banks or other entities in 25 coun-
tries and represented gross potential
profits for the foreign investors of at
least $38.1 million.
The directors of the SEC's
enforcement division, Gary Lynch,
said yesterday he had not seen the
report's final draft, but that in
testimony before the panel last June
the commission had taken issue with'
way the probe was being conducted.
He said the House subcommittee
investigators had underreported the
number of SEC staffers working on
cases involving foreign purchases and
sales of U.S. securities, and that the
report was based on an incorrect
assumption that all trading activity
brought to the SEC's attention
automatically warranted a federal in-
vestigation.
Lynch said many trades, by do-
mestic and foreign investors alike,
are reported to the SEC as
"suspicious" because they are exe-
cuted near the time of a major price
move on a securities exchange. Most
of these trades, he said, are
legitimate.
Besides cases of potential insider
trading, the House report said the
"suspicious" trades referred to the
SEC included possible sales of un-
registered securtities and unspecified
other acts of market man-ipulation.
The subcommittee, chaired by
Rep. Doug Barnard (D-Ga.), found
that the dollar volume of U.S.
securities bought and sold by
foreigners increased from $25.6
billion in 1977 to $277.5 billion in
1986. Last year it leaped to $481.9
billion.
It said expert testimony before tile
panel last summer indicated that the
number of illegal trades also had
grown in recent years, although the
report gave no figures on this.
Foreign transactions accounted for
18 percent of the total dollar value of
all U.S. equity market transactions
last year, the subcommittee said, but
they represented more than 30 percent
of the suspicious trades reported to
the SEC by stock exchanges.
In response to the subcommittee
investigation, the report said the
SEC promised to assign more people
to its international enforcement
activities and give them more re-
sponsibility, to pursue new
information-sharing agreements and
to renegotiate and expand the scope
of existing agreements.
State Senator Lana Pollack
campaigns following the
Representative Carl Pursell
arrived.
Voting
Continued from Page 1
good about that," he said.
During his speech, he wa
drowned out by choruses of "Whei
is Carl" and "Bush-Quayle."
The rally was sponsored by th
Michigan Collegiate Coalition, th(
United States Student Association
the Michigan Student Assembly, an
(D-Ann Arbor), who is running for a s
voter registration rally yesterday
(R-Plymouth) was scheduled to attend
several other groups promoting voter numberc
registration. Herb Kau
Members of USSA, who pulled Office.
up on the Diag in a Greyhound bus, City C
are in the midst of a nation-wide tour said then
to urge student participation in elec- her job "r
s tions. Ann Arbor is the eighth stop to hire te
e on their 37-stop journey. overtime
MSA External Relations Com- all day Sa
e mittee Chair Zachary Kittrie, an "We'l
e LSA junior, presented a symbolic until Elec
n, registration form emblazoned with a Todayi
d large red "5,000," signifying the vote in th
eat
on
the
DAVID LUBINER/Dally.
in U.S. Congress,
the Diag. U.S.
rally but never
of students registered, to
tz of the Ann Arbor Clerk's
Clerk Winifred Northcross
registration drive has made
much tougher," forcing her
rmporary workers and work
every night last week and
turday.
1 be hard-pressed right up
tion Day," Northcross said.
is the last day to register to'
e Nov. 8 elections.
Forbes' lists nation's richest
BY THE ASSOCIATED PRESS
If you're sitting in your Ford at a
shopping center and want to grab a
quick pizza at home before heading
to a sports event in Detroit, chances
are you're making some of the rich-
est Michigan residents just a bit
richer.
Forbes magazine yesterday re-
leased its list of the 400 richest
Americans, and 10 people living in
Michigan made the elite ranking.
Topping the Michigan list and
ranked No. 14 by Forbes' estimates,
is A. Alfred Taubman, a real estate
developer who has made a good
chunk of his $1.85 billion in
shopping centers.
Following Taubman is William
Clay Ford of Grosse Pointe Shores,
with an estimated worth of $630
million.
Local resident Tom Monaghan,
owner of Domino's Pizza Inc., who
also owns the Detroit Tigers Base-
ball club, is ranked 124th.
I I
ALEXANDRA BK/DoLily
C'est MOi
Helena Meryman, an Art School senior, works on a self-
portrait in the Art School painting studio. The portrait
will be exhibited at the Union Street Gallery in Detroit
next month.
Student protests disrupt
Quayle appearance
FARMINGTON HILLS (AP) -
Dan Quayle flexed his political mus-
cles to a group of Oakland Commu-
nity College students yesterday, but
demonstrators tried to kick sand in
his face.
More than 50 students shouted
derogatory slogans outside the
school's Orchard Ridge campus and
heckled the Republican vice
presidential nominee during his brief
speech.
The group waved signs that read
"Quayle is no JFK" and "Just Say
No to Danforth." Oavle'smiuddle
said. "Bush picking Quayle is just
another example of his poor judg-
ment throughout his career."
But inside, supporters of the U.S.
Senator from Indiana waved their
own signs and drowned out sporadic
heckling from some demonstrators
who slipped inside for the speech.
Quayle spent most of his ten-
minute address attacking the Demo-
cratic presidential team of Michael
Dukakis and Lloyd Bentsen, charac-
terizing the pair as soft on crime and
the environment.