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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Jun 13, 1986

Page

5

Bank errs in her favor then sues over cash payout

In Minneapolis a bank sued customer Bonnie Germond for 48482 dollars after an erroneous credit of 186392 dollars remained in her account. The bank argues she spent 25000 on furniture and home improvements and withdrew funds as the error persisted, while Germond says she believed the error would be corrected.

Minneapolis Bonnie Germond Fidelity Bank Northeast Marquette Banks Barta Felice Germond Gacasan Renieyeas Barto Germond Evans Senate Sen J Bennett Johnston D-La

Senate Tax Overhaul Bill Moves Toward Passage

The Senate presses toward passing a radical tax overhaul while deferring major provisions to negotiators. Debates include restoring charitable deductions for nonitemizers, not likely to succeed, and a nonbinding vote favored continuing sales tax deductions. Proposals to let taxpayers choose between income or sales tax deductions were withdrawn.

Washington Senate Daniel Inouye Hawaii Robert Kasten R-Wis House Daniel J. Evans Wash Phil Gramm Texas Evans Gramm

Trustee Drops Suit Against Two ESM Lawyers

The court-appointed trustee for bankrupt ESM Government Securities dropped Eugene Stearns and Bruce Greer from a lawsuit seeking to recover losses after Fort Lauderdale based ESM collapsed. The move leaves Arky Freed and the firm’s role in the case disputed, with statements from Stearns and others about the motivation behind the dismissal. Regulators showed ESM owed creditors more than 300 million dollars when it failed in March 1985.

ESM Government Securities Miami Fort Lauderdale Thomas Tew ESM Gov‘nment Securities Ky, Freed, Stearns, Watson, Greer, Weaver & Harris ESM Eugene Stearns Bruce Greer Tew Stearns Arky Freed

Also Mentioned on This Page

Pohioest Robert Seneca Birnbaum Otis Farrington Seneca Young Jrs. Rompers Young Jrs Young Js Girlswear Young Jrs. & Girlswear Royal Knight John Romain Aigner Ahaa Cannon Egmney Ma TIMEX Napier and Taffari Burlington Mall Danie Visage & Aken Regency Mall Daniel Visage & Aiken
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