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Reaching for the first time into the upper ranks of Hollywood's legal establishment, the federal grand jury investigating private eye Anthony Pellicano indicted prominent Los Angeles entertainment attorney Terry N. Christensen on Wednesday for allegedly having the ex-wife of billionaire investor Kirk Kerkorian wiretapped. Christensen paid Pellicano $100,000 to listen in on Lisa Bonder Kerkorian's phone calls to her attorneys and to share the information with Christensen, Kerkorian's longtime lawyer and business partner, to give him a tactical edge in a bitter child support case in 2002, the grand jury alleged. (snip) Christensen, best known as lawyer for Kerkorian, one...

Per Drudge... http://www.thesmokinggun.com/archive/0215061pellicano1.html

An aide to billionaire investor Kirk Kerkorian, Jerome (Jerry) was named to General Motors Corp.'s board of directors Monday, (2-6-06) Jerome (Jerry) York is Chief Executive Officer of Harwinton Capital Corporation,a private investment company he founded in 2000. Harwinton Capital‘s principal investments are in the cosmetics, technology,biotechnology,wine distribution and real estate sectors. From 2000 to mid-2003 he was Chief Executive Officer of Micro W arehouse,Inc.,a multi-national reseller of computer hardware,software and peripheral products. From 1995 to 1999 he was Vice Chairman of Tracinda Corporation,the private investment company owned by Mr.Kirk Kerkorian,with major investments in the automotive,filmed entertainment and gaming...

DETROIT Jan 26, 2006 — Billionaire investor Kirk Kerkorian is acquiring 12 million shares of General Motors Corp. stock, matching the number of shares he sold in December, a federal regulatory filing showed on Wednesday. Kerkorian's private equity firm, Tracinda Corp., bought 5 million shares of GM stock on Monday for an average purchase price of $21.40, or approximately $107 million, it said in a filing with the Securities and Exchange Commission. On Tuesday, Tracinda agreed to purchase an additional 7 million GM shares in a private transaction for $22.25 per share, or approximately $155.8 million. Those purchases would boost...

LOS ANGELES (AP) -- Billionaire investor Kirk Kerkorian reduced his stake in General Motors Corp. to 7.8 percent this month, taking a significant loss on his investment in order to qualify for a tax break, according to a regulatory filing. Kerkorian -- who has lobbied for greater input over GM's operations and a seat on the automaker's board -- owned nearly 10 percent of the company's shares at the beginning of December. He sold 12 million shares in transactions on Dec. 15 and Dec. 19, according to the filing Monday by his private investment firm with the Securities and Exchange...

DETROIT (Reuters) - Las Vegas casino mogul Kirk Kerkorian has fallen short in his bid to more than double his stake in General Motors Corp. (NYSE:GM - News) after failing to pry loose enough shares from other investors in the ailing automaker. Kerkorian, who shook up former Chrysler Corp. with a hostile takeover bid a decade ago, had offered to spend up to $868 million to buy as many as 28 million GM shares at $31 a piece under a tender launched last month. But the number of shares tendered fell far short of that goal, according to a statement...

NEW YORK - Billionaire Kirk Kerkorian could care less about General Motors' new Buick LaCrosse or Hummer H3. He's got his eyes on GM's profitable mortgage and insurance business. Kerkorian's Tracinda Corp. announced Wednesday that it has acquired 3.9% of GM (nyse: GM - news - people ) and has made a tender offer for an additional 5% at $31 per share, which would bring its total holdings to 8.9%. Though Kerkorian launched a takeover bid for Chrysler a decade ago, this time around, he says he's buying the GM stake solely for "investment purposes." Analysts say he likely wants...