PTL Reorganization Plan Seeks Creditor Control After Debts Paid
PTL creditors file a reorganization plan to pay off 60 million dollars in debts within five years. The plan proposes selling Heritage USA land and raising 10 to 20 million from followers by next spring. It would structure PTL as separate nonprofit and for profit entities and place control in its supporters after creditors are paid. Judge Rufus Reynolds notes broader ministry impact as the case unfolds.
MENTIONED IN THIS ARTICLE
Columbia
PTL
U.S
Jerry Falwell
Evangelical Empire
Heritage USA
Fort Mill
Rufus Reynolds
Investor in Witness Protection Ends Life After Wall Street Crash
MIAMI UP A disbarred Missouri lawyer placed in federal witness protection as Arthur Kane later revealed as Arthur Katz killed two stockbrokers and himself in a Merrill Lynch office after losing up to 15 million dollars in the market crash. Police say Katz built a fortune including a 430000 dollar home before the crash and that he was not violent himself.
MENTIONED IN THIS ARTICLE
Miami
Missouri
Wall Street
Arthur Kane
Merrill
Arthur Katz
Kansas City
Justice Department
John Russell
U.S. Marshals Service
Katz
David B.B. Helfrey
Federal Organized Crime Strike Force
Kane
Tibetans Die In Snowstorm Near Tibet Nepal Border
China mobilized military planes for emergency rescue of nearly 200 travelers stranded by the Oct 19 21 blizzard near the Tibet Nepal border. Eleven Tibetans died gathering cow dung as buses and vehicles ferried trapped tourists toward Nyalam and Lhasa.
MENTIONED IN THIS ARTICLE
Beijing
China
Tibet-Nepal
Foreign Ministry
Tibet Autonomous Region
Zhou Shaoxi
Nyalam
Lhasa
Nepal
Zhou
Tibet
Fred Brooks
Associated Press
Katmandu
Tangla Pass
Foreign hostage release claimed in Beirut 48 hours
A Lebanese newspaper quoted unnamed Western sources saying a foreign hostage would be released within 48 hours. The report, from As-Safir, could not be verified and gave no hostage identity. It noted intensified talks with concerned parties and said the hostage would be turned over to his country's representatives.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
As- Safir
Butn
West
As-Safir
Voice of Free Lebanon
Do Chae-Sung
Seoul
Foreign Ministry
Do. 33
West Beirut
Revolutionary Cells
Anglican Church
Terry Waite
Islamic Jihad
USC to Receive High-Powered Supercomputer Donation
The State reports USC will gain a supercomputer valued at 30 to 40 million dollars from an unidentified donor with Digital Equipment Corp involvement. The gift, described as a major donation, aims to advance research in weather forecasting molecular modeling petroleum exploration and electrical CAD.
MENTIONED IN THIS ARTICLE
Columbia
University of South Carolina
USC
Digital Equipment Corp
Scientists say Montreal pact on CFCs falls short for ozone defense
Senate hearing hears Sherwood Rowland and peers warn that the Montreal agreement to curb chlorofluorocarbons is inadequate. They urge immediate, stronger cuts or a CFC ban to prevent centuries of continued ozone loss and rising UV cancer risk.
MENTIONED IN THIS ARTICLE
Washington
Congress
Montreal
Senate
Sherwood Rowland
University of California, Irvine
Environment Committee
United States
Rowland
Antarctica
Environmental Protection Agency
EPA
Also Mentioned on This Page
Roy Grutman
PTL Board
Jerry Nims
Bakker
Falwell
Jim Bakker
Russell
Merrill Lynch
Jose Argilagos
Lloyd Kolokoff
Fleven
Terry Anderson
Anderson
Middle East
James B. Holderman
Cayce Rotary Club
Debra Allen
Digital
Maynard
Mass
Greenville
North America
Digital and Cray Research Inc
Aiken
SRP
Odell Weeks
Nell Wott
H. O. Weeks
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!