OTHER NEWS - Sept. 28, 1995

Bankers Trust Lawyer Gave Papers to BusinessWeek: A member of the law firm representing Bankers Trust New York Corp. said it was the source of the documents passed to BusinessWeek magazine for a story that was pulled under court order. In testimony in U.S. District Court in Cincinnati, Sullivan & Cromwell partner Steven Holley said he provided the papers to the magazine but that was unaware they had been sealed by court order. The documents contained information pertaining to a lawsuit filed by Procter & Gamble Co. over its $102-million loss on derivative securities it bought from Bankers Trust. Holley’s testimony “established beyond dispute that we obtained [the documents] lawfully,” said Ken Vittor, general counsel of McGraw-Hill Inc., which publishes BusinessWeek.