Grant Thornton to pay 50 million to Florida governments
Fort Lauderdale report says the Grant Thornton firm will compensate 17 local governments for 105 million in losses tied to the collapse of ESM Government Securities Inc. The firm’s settlement follows the SEC shutdown of ESM in 1985 after its founder Ronnie E. Eaton faced public scrutiny and Jose Gomez pleaded guilty to falsifying audits.
MENTIONED IN THIS ARTICLE
Fort Lauderdale
Moscow Veal Shows High Radiation
A Moscow market veal sample analyzed in France registered radiation six to ten times above European safety limits. Diplomatic sources said embassies advised their nationals to avoid Soviet veal and pork for now due to higher radioactivity in those meats.
MENTIONED IN THIS ARTICLE
Moscow
France
Strike Called by AT&T Workers
Washington AP report says the Communications Workers of America ordered 155,000 AT&T employees to walk off the job at 12:01 a.m. Sunday after failed last-ditch talks on a new three year contract.
MENTIONED IN THIS ARTICLE
Washington
American Telephone & Telegraph Company
Communications Workers of America
Weather Forecast Reports Scattered Thundershowers Today
The forecast notes a 30 percent chance of thundershowers with a high near 90. Skies are partly cloudy through tomorrow with tonight’s low in the upper 60s and continued a 30 percent risk of storms. Details on Page 6A.
Deaths in Aiken and nearby areas
Obituary notices list Woodrow W. Jackson and Grace R. Pardue of Aiken along with Odessa M. Sapp of New Ellenton and Sammie D. Sheppard of Beech Island. Details appear on Page 6A with funeral arrangements and service times.
MENTIONED IN THIS ARTICLE
Woodrow W. Jackson
Aiken
Grace R. Pardue
Odessa M. Sapp
New Ellenton
Sammie D. Sheppard
Beech Island
Rahal Wins Rain Delay Indy 500 In Closest Finish
Bobby Rahal captured the 70th Indianapolis 500 in a rain delayed race, passing Kevin Cogan with two laps to go for a historic finish. Rahal averaged 170.722 mph, surpassing Rick Mears 1984 mark as Cogan and Mears trailed closely in a tense three car duel over the final 50 miles.
MENTIONED IN THIS ARTICLE
Indianapolis
Bobby Rahal
Kevin Cogan
Rahal
Rick Mears
Cogan
Mears
Indianapolis Motor Speedway
Victory Lane
House Conferees Reject Senate Budget Proposal
Senators and House members clashed over a capital expenditure fund in the $3 billion appropriations bill. The House held firm at $41 million, while the Senate proposed adding $13 million more and using surplus funds to cover the remainder. A stalemate lingered with possible later movement, as conferees planned to reconvene after discussions.
MENTIONED IN THIS ARTICLE
Columbia
Senate
House
Chamber
Jennings McAbee
D-Mccormick
James Waddell
D-Beaufort
Budget and Control Board
McAbee
Waddell
General Assembly
John Lindsay
D-Marlboro
Soviets to propose new reductions in European forces
Soviet negotiator Valentin Falin said Vienna talks will receive new troop reduction proposals around June 16 reflecting Gorbachev's April Berlin speech. He warned Moscow will respond to U S actions if Washington exceeds SALT II limits, linking emigration and Western criticisms to stalled negotiations.
MENTIONED IN THIS ARTICLE
Cologne
West Germany
Vienna
Europe
Associated Press
Valentin Palin
Novosti
Moscow
United States
Falin
International Physicians For the Prevention
Yevgeny Chazov
Mikhail S. Gorbachev
East Berlin
Bus wreck kills 19 in Walker California tour
A tour bus taking 40 passengers from a Nevada gambling junket to Santa Monica overturned up to three times on a winding mountain highway near Walker. Nineteen elderly people died and many survivors were seriously injured as authorities investigated whether speeding caused the crash. The bus left a 300 to 400 foot skid mark before ending in the river.
MENTIONED IN THIS ARTICLE
Walker
Calif
Santa Monica
Nevada
California Highway Patrol
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Celtics
Rockets
ESM
At&t
Abby
New York Times
Bobby
Indy v
Charleston
Craig Cridell
Kylan Loney
Gorbachev
Atlantic
Urals
North Atlatic Treaty Organization
Warsaw Pact
U.S
Bern
Switzerland
Soviet Union
Israel