Judge blocks Iowa trust fund freeze in Denver bank
A judge refused to grant a temporary order freezing 42 million dollars deposited in a Denver bank. Iowa officials say the funds were diverted from the Iowa Trust Fund. Details appear on page 2B.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 31, 1991
Page
1
A judge refused to grant a temporary order freezing 42 million dollars deposited in a Denver bank. Iowa officials say the funds were diverted from the Iowa Trust Fund. Details appear on page 2B.
The IRS notes that this year's tax forms will resemble last year's with notable changes. High income and low income taxpayers should review new rules and adjustments to ensure accurate filing. Details appear on page 4B.
A car bomb exploded in a crowded Muslim neighborhood in Lebanon on Monday, killing at least 30 people and disrupting plans for peace. Details are continued on page 3A.
Bill Parcells contemplates his future with NBC. He could stay as analyst on NFL Live or return to coaching, with decision described as potentially final. Details on page 1D.
The American Automobile Association teamed with car reviewers on Monday to publish a list of what it considers the best 1992 models. Details on page 4B.
Patrick Chang a disabled Stanford junior who received a $200000 trust at 18 has given the funds to a China Zhejiang province scholarship. The economics student enrolled at 16 says the endowment motivates his own success and he will choose annual finalists for the program.
A satirical line mocks government funding by comparing it to sending a mother-in-law to assertiveness training. The quote frames budgeting as unnecessary or intrusive, reflecting a humorous take on fiscal policy and public spending.
The Omaha Tribe of Nebraska and Iowa signed a historic compact to allow a casino on tribal land at Black Bird Bend near Onawa. The plan could let a March opening challenge riverboat gaming, while Winnebago and Mesquakie tribes weigh similar deals and openings in Sloan and west of Tama.
Census Bureau figures show Iowa grew about 0.7 percent between April 1990 and July 1991, adding roughly 18 000 residents. Growth results from about 16 000 births versus deaths and 2 000 net in-migrants, signaling a regional upturn with budgetary implications for education and local governments.
The U S Census Bureau Gazette graphic highlights the fastest growing states by population. It presents year over year increases, ranking states by growth rate and absolute numbers, with emphasis on shifts in demographics and regional patterns.
South and North Korea reach a full agreement to ban nuclear weapons on the peninsula. The pact, announced at a border meeting, requires peaceful use of nuclear energy only and bans reprocessing and enrichment facilities. It includes a pledge to sign an IAEA safeguards agreement and may affect U S Korea joint exercises.
Federal judge awards Pioneer Hi Bred International 46.7 million in damages after a 10 year dispute over stolen seed corn trade secrets. Holden Foundation Seeds denies wrongdoing and plans appeal while Pioneer considers appeal. The judge also bars Holden from disposing of 177 seed varieties and contemplates turning them to Iowa State University for public hybrids.
University of Iowa researchers report Iowa wine and liquor sales fell after private stores opened. The team led by Harold Mulford Johannes Ledester and Jerry Fitzgerald notes availability alone cannot predict drinking, with findings to appear in the Journal of Studies on Alcohol. The study covers sales from January 1980 through unspecified later data.
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