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Highlights the controversies surrounding Koch Industries Incorporated. Lawsuit filed by the United States Justice Department against the company; Allegations on the company; Settlement cost paid by the company; Actions taken by the company to deal with the allegations; Support of local residents to the company.

The article focuses on penny stock firms. The number of penny stock firms has decreased from 350 in 1988 to 290 in 1990. New Jersey regulators have identified at least five penny stock peddlers that have signed franchise or branch-office agreements with suspended, or barred, brokerdealers. Florida regulators have spotted at least five more such firms, and the U.S. Securities & Exchange Commission (SEC) and the National Association of Securities Dealers (NASD) are investigating.

The article profiles industrialist Michael Prentiss and his market strategy in real estate market business. Since 1979 Prentiss had worked in Dallas for the Bronfmans, building their Cadillac Fairview, a Toronto based real estate company into a powerhouse in the U.S. property market. In 1986, with Texas real estate values underwater, the Bronfmans needed quick cash to settle some estate problems, and put the entire company up for sale. The Bronfmans knew Prentiss had lined up a $530 million commitment from Copley Real Estate Advisors, a top-performing pension fund manager in Boston that had done deals with Prentiss before. Backs against the wall, the Bronfmans accepted.

The article reports on developments relevant to the business sector of the U.S. in April 1990. It includes information on the on again, off again indictment against Michael Milken, as well as the emergence of the University of Pennsylvania as first in ten-year performance among college and university endowments in the U.S.

The article offers news briefs regarding various business enterprises. Peter Cohen, after being the chairman of Shearson Lehman Hutton, moved to the Citicorp Building in Manhattan, New York, sharing space with his mentor Marshall Cogan. The Swink & Co., which stopped operation, is replaced by the First American Securities, selling municipal bonds under Jim Swink Jr. Meyer Blinder, after being indicted of criminal counts, contacted Brendan Sullivan, a prominent lawyer in Washington D.C.

The article offers news briefs related to business. Sunshine Mining abandoned its $865 million bid for Rexene Corp. a month after signing a letter of intent to acquire the chemical concern. Michael Steinhardt teams with his former lawyer Thomas Baer to acquire and develop film properties. Grow Group, a chemical company, will be acquired by PPG on September 6, 1988.

The article presents information on television finangelist Wayne Phillips, who has sold 250,000 books, "How to Start Your Own Business by Doing Business With the Government," which has created a headache for the Small Business Administration (SBA). Phillips tells viewers that the U.S. agencies have $33 billion available to finance small businesses. The SBA, which does not make grants of any sort, is now urging TV stations to set the record straight. Following numerous irregularities in his loan applications, he was banned in 1985 from borrowing any more federal rehabilitation funds in the Baltimore, Maryland area.

The article reports business developments in the U.S. California's Mission Insurance Group, a $1 billion company half-owned by Forbes Four Hundred financier, Carl Linder went into bankruptcy. Eli Lilly's acquisition of Advanced Cardiovascular System,a medical instruments company using a contingent payment agreement or earnout becomes a trend. Heineken, an importer of beer was able to regain its share in the beer market.

The article presents various news related to business enterprises that were published in earlier issues of the journal. A news report describes a bankruptcy protection filed by James Bildner's company, J. Bildner & Sons, in the U.S. Bankruptcy Court. MCorp lost its independant status as it asked for federal aid of around $1 billion to cover up for its losses. The journal "Forbes" detected a flaw in Section 809 of the Internel Revenue Code that advantaged the mutual companies.