Phar-Mor scandal revealed top executives ousted
Phar-Mor Inc disclosed an elaborate financial swindle costing about 350 million dollars, orchestrated by former president Mickey Monus and CFO Patrick Finn. The fraud triggered a federal probe, 100 layoffs at Youngstown, and an accounting charge as Deloitte & Touche joins the audit.
MENTIONED IN THIS ARTICLE
Youngstown, Ohio
Phar-Mor Inc
Mickey Monus
Phar-Mor
Monus
Patrick Finn
David Shapira
Manus
Shapira
Youngstown
Deloitte & Touche
Coopers & Lybrand
Shapiro
Finn
Colorado Rockies
Rockies
Collins Road Square
Cedar Rapids
Phar- Mor
Waterloo
Giant Eagle Inc
Pittsburgh
Michael Waldner
FBI
Ashtabula
Ohio
Safe alternatives to EE and HH savings bonds
Retirees hold about 25000 in matured U S savings bonds and wonder about tax on interest upon cashing or inheritance. Exchange Series EE bonds bought after 1948 for Series HH to defer taxes and keep interest. HH bonds pay 6 percent annually, EE bonds defer taxes until sale, with rates tied to Treasury notes.
MENTIONED IN THIS ARTICLE
U.S
Treasury
Susan Bondy
Cedar Rapids Gazette
P.O
Cedar Rapids
Iowa
Growth in midsized Iowa cities boosts housing permits
Iowa's mid sized cities drive a 39 percent rise in housing permits for January through June 1992, totaling 244 million across 47 largest communities. Des Moines area suburbs lead dollar values while Storm Lake and Urbandale show huge percentage gains. overall 31 communities up and 16 down.
MENTIONED IN THIS ARTICLE
Rod Boshart
Gazette
Des Moines
Iowa
Harvey Siegelman
Atlantic
Creston
Newton
Fort Madison
Clive
West Des Moines
Urbandale
Iowa City
Cedar Rapids
Delta lowers trans Atlantic fares to Europe this fall
Delta Air Lines cuts U S and international tourist fares 10 to 40 percent to 33 European destinations and Israel for the fall and winter season. British Airways and Continental match the cuts while United and TWA say they will assess and follow Delta’s lead with possible exceptions.
MENTIONED IN THIS ARTICLE
New York
Delta Air Lines
Europe
Delta
European
Israel
British Airways
Continental
United Airlines
Trans World Airlines
Don Fleming
Also Mentioned on This Page
Lazard Freres & Co
Edward J. DeBartolo Corp
Paul Froehlich
Trumbull County Common Pleas
Mitchell Shaker
Mahoning National Bank
World Basketball League
Bondy
C.R
Storm Lake
Marion
Fairfield
Pella
Altoona
Charles City
Siegelman
Iowa Economic Trends
Coralville
Decorah
Dubuque
Washington
Waverly
IES Industries
Curtice Burns
Curtice Burns Foods
National Oats
Rochester, N.Y
Hiland
AEGON
Monumental Life
Aegon USA
Reliable Life Insurance Co
St. Louis
Commonwealth Life and Accident Insurance Co
Galveston
Texas
Reliable
Illinois
Indiana
Wisconsin
Arizona
Louisiana
Commonwealth
Missouri
Baltimore
Blogz Tribune
All Rights
Edna Jeffreys
SCI
Orporan of Low
Second Avenue
Lowe
SIPC
City National Bank
Alc
CNB
Old Marion Road
N.E
Lindale
1St Avenue N.E
FDIC
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