Lifetime Partners to Get Little From PTL Sale
The PTL sale at 52 million will leave 110000 lifetime partners with little or nothing. Trustee Dennis Shedd said he cannot promise any distribution beyond paying administrative costs. Secured creditors stand to share 38.7 million of the sale price, with unsecured creditors and lifetime partners receiving the remainder.
MENTIONED IN THIS ARTICLE
Columbia
Jim Bakker
PTL
Lifetime Partners
Dennis Shedd
U.S. Bankruptcy Court
Bakker
San Diego
Morris Cerullo
Jim
Tammy Bakker
Heritage USA
Fort Mill
Bakkers
Man Dies In River Day Before Wedding
Bakersfield California reported a man named Steve Ensey aged 25 and his cousin Jim Cook disappeared after sliding into a rapid section of the Kern River. Divers recovered their bodies as authorities warned the area is dangerous and posted. Best man Mark Fisher notified police as the search continued despite 100 degree heat.
MENTIONED IN THIS ARTICLE
Bakersfield
Calif
Steve Ensey
Jim Cook
Los Angeles
Kern River
Ensey
Mark Fisher
Kern County
Jim Johnson
Kern River Canyon
He Sai
Yale Library Honors Lassie With 50th Anniversary Exhibit
The Beinecke Rare Book and Manuscript Library in New Haven presents Lassie at 50, featuring the first post version of Lassie Come Home, Eric Knight's original manuscript, fan mail, and 1943 film photos. The display marks the novel's enduring legacy in a grand marble building.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Yale University
Lassie
Beinecke
Eric Knight
Saturday Evening Post
Man Claims Cars Are Antiques In County Case
Chester reports Glenn Gregory 34 sues litter control officer Bill Curtis and County Supervisor Carlisle Roddey over a federal suit filed in Columbia alleging arrest for junk car ordinance. He maintains the 1939 Plymouth and 1948 Pontiac in his yards are antiques and that the action jeopardized his job and home security.
MENTIONED IN THIS ARTICLE
Chester
Glenn Gregory
Reed Gregory
Bill Curtis
Carlisle Roddey
Columbia
Gregory
Air Force warns of $1.4 billion shortfall for two B-2s
Air Force Secretary Donald B. Rice told Congress in a July 11 letter that without an extra $1.4 billion the two B-2 bombers cannot remain on schedule and may be delayed to 1997. Lawmakers weighing limits on the program face rising costs, with total 1991 spending projected at about $46 billion for two more B-2s and related items.
MENTIONED IN THIS ARTICLE
Air Force
Washington
Congress
Donald B. Rice
House Armed Services
Les Aspin
D-Wis
Associated Press
Aspin
Spin
Senate
Senate Armed Services Committee
Sam Nunn
Dga
Rice
Berlin Wall benefit concert draws 200000 fans
About 200000 rock fans cheered as a mock Berlin Wall toppled at a benefit concert in East Berlin. Stars including Cyndi Lauper Sinead O Connor and Joni Mitchell performed Pink Floyd The Wall to aid disaster victims though crowding and sound issues marred the six hour event.
MENTIONED IN THIS ARTICLE
East Berlin
Berlin
Cyndi Lauper
Sinead O'Connor
Joni Mitchell
Berlin Wall
Wendy Laister
Corinna Treitel
Atlas Crew Cheers Sunday Launch After Helium Fix
Crews patch a helium leak that halted an Atlas rocket launch as officials express confidence in a Sunday liftoff. The mission aims to deploy a NASA Defense Department satellite studying Earth's magnetic field, with a 3:28 p.m. window at Cape Canaveral.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Earth
Cape Canaveral Air Force Station
Jack Isabel
General Dynamics
NASA
Defense Department
Air Force
2Ton
South Korea rallies clash as protests surge in Seoul
Tens of thousands of protesters clashed with riot police after a massive anti-government rally drawing about 300,000 in Seoul. Riot police fired tear gas at rioters who attacked officers and sidewalks. In Kwangju, police stormed Chonnam University to break up a 1,000-person protest with no reported injuries. The Seoul event featured laborers, housewives, students, and businessmen calling for new elections and a united opposition.
MENTIONED IN THIS ARTICLE
Seoul
South Korea
Roh Tae-woo
North Korea
Roh
Kwangju
Chonnam ‘University
Kim Dae-jung
Party
For Peace and Democracy
National Assembly
Lee ‘-Taek
Oppositon
The
Democratic Party
Kim
Lee
Reviewing Testimony Could Be Too Much
Washington reports that prosecutors may appeal or drop the Iran Contra case after a appeals court vacated convictions and ordered a hearing on taint from Oliver North's televised congressional testimony. Legal experts question the burdens of witness-by-witness review and possible paths to Supreme Court review or full appellate reconsideration.
MENTIONED IN THIS ARTICLE
Washington
Oliver North
Paul Rothstein
Georgetown University
U.S
Gerhard Gesell
White House
Congress
North
National Security Council
Appeals Court
Paul L. Friedman
Lawrence
Walsh
Supreme Court
Redman
Court of Appeals
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