Retiring TV Giant? Hugh Downs Faces NBC Contract Future
Hollywood AP reports talk that Hugh Downs may retire from NBCs Today show after a long career. Downs, 9th year into the run, dismisses retirement as unlikely while NBC debates renewal and his contract terms. He notes the grind of 4:30 am starts and hints at plans for time off, maintaining strong ties with NBC after 31 years.
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The
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Phoenix
Increased Bank Failures Blamed on Mismanagement
Washington AP report of remarks by FDIC chair Frank Wille to the House Banking Committee attributing 19 bank failures in 26 months to mismanagement. He cited four with loan or deposit irregularities and 15 from weak loan portfolios, noting losses from improper officer loans and brokered deposits.
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Federal Deposit Insurance Corp
Congress
House Banking and Currency Committee
Frank Wille
Wille
Money Bank
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