Posner Salary at DWG Quadruples in 1985
Victor Posner DWG Corp chairman, president and CEO saw his DWG salary jump from 1.9 million to 8.1 million for the year ended April 30 1985. DWG earnings rose 72.5 percent to 5.6 million or 34 cents a share from 3.3 million or 18 cents. DWG remained in the red in the fourth quarter and has run losses since. Posner also received 4.65 million more under the achievement recognition plan.
MENTIONED IN THIS ARTICLE
Miami Beach
Graniteville Co
Victor Posner
DWG Corp
Securities and Exchange Commission
DWG
SEC
Posner
Traditional Mortgage Returns as Inflation Eases
The U S League of Savings Institutions says 15 year mortgages regain popularity in the 1980s as inflation cools and buyers shift from 1970s aggressive financing. James Christian notes the era’s buy as much house as possible, borrow long, let inflation ride approach wanes. Shorter term loans from the 1950s also rebounding.
MENTIONED IN THIS ARTICLE
Washington
U.S. League of Savings Institutions
James Christian
League
Weather forecast notes chilly night and warmer tomorrow
A cold night with clear skies brings a low around the mid 20s. Tomorrow will be sunny and warmer with a high in the low 60s. Details appear on Page 8A.
Deaths Listing Names Local Residents Across States
The notice lists several deceased individuals including M. Emmett Turner of North Augusta and Albert Walden of Dearing Georgia along with Nancy Ludlow of Aiken Pauline L. Duschinski of Aiken James Carter of Aiken Lydia Whitlock of North Augusta Lucile C. Mayes of Sumter and Poitevint Culver City California. Further details are on page 8B.
MENTIONED IN THIS ARTICLE
State Poitevint
Culver City
Calif
M. Emmett Turner
North Augusta
Albert Walden
Dearing
Nancy Ludlow
Aiken
Pauline L. Duschinski
James Carter
Lydia Whitlock
Lucile C. Mayes
Sumter
Poll favors death penalty amid Roach case debate
Ninety three percent of readers favored the death penalty in a newspaper poll timed after James Terry Roach's execution. Respondents cited swift justice and deterrence while criticizing lengthy appeals costs. A minority opposed the penalty citing religious beliefs and calls for mercy.
MENTIONED IN THIS ARTICLE
James Terry Roach
Roach
America
Khadafy
Gramm-Rudman Could Mean Hiring Freezes in Government
U.S. officials say the first Gramm-Rudman spending cuts may trigger hiring freezes across federal agencies, possible layoffs, and thousands of program cuts as an $11.7 billion reduction is enacted. March 1 automatic cuts would total 4.3 percent for domestic programs and 4.9 percent for the military, with notable reductions in compensatory education, student aid, vocational education, and arts and humanities grants.
MENTIONED IN THIS ARTICLE
Gramm-Rudman
Washington
U.S
White House
White House Office of Management and Budget
Congressional Budget Office
House Education and Labor Committee
Natonal Endowment For the Arts
National Endowment For the Humanities
Free basing cocaine may have caused Nelson crash
US reports say a fire sparked by free basing cocaine could have started the New Year’s Eve crash that killed Rick Nelson and six others. Preliminary findings show unmetabolized cocaine in Nelson’s body, suggesting the drug was not absorbed at death.
MENTIONED IN THIS ARTICLE
Washington
Rick Nelson
Nelson
Washington Post
Rudy Kapustin
National Transportation Safety Board
Dallas Morning News
Ira Furman
NTSB
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Heer
Abby
Bernowene
Ohana
Halley
Comet
Raeford
N.C
Gaylen Duskey
Death Row
Norman Black
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Coral Sea
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Vienna
United States
Libya
Saratoga
Indian Ocean
Mediterranean
Ionian Sea
Italy
Suez Canal
Suez City
Weinberger
Defense
Caspar W. Weinberger
Pentagon
Soviet Union
Robert B. Sims
Ine
Furman
Safety Board