Iowa bankers oppose lowering deposit insurance coverage
Iowa bank leaders challenge a Council of Economic Advisers proposal to cut the federal deposit insurance limit from 100000 dollars. Merchants National Bank Cedar Rapids president Henry Royer and others warn of loss of public confidence and potential bank runs, while Des Moines leaders urge stability.
MENTIONED IN THIS ARTICLE
Iowa
Reagan
Council of Economic Advisers
Council
Henry Royer
Merchants National Bank
Cedar Rapids
Federal Deposit Insurance Corp
Roger
FDIC
American Bankers Association
Doug Hill
Brenton Bank & Trust Co
Hill
Don Cook
United Federal Savings Bank
Des Moines
Federal Savings & Loan Insurance Corp
Cook
Economic Council
Federal Reserve Bank
Federal Home Loan
Royer
Smoking 25 years of change in Cedar Rapids program
Erickson, a 1977 Kennedy High School graduate, coordinates COMMIT, a four year pilot funded by the National Cancer Institute to help Cedar Rapids smokers quit. Dr. Paul Pomrehn will monitor results as the principal researcher. Cedar Rapids is one of 11 cities in the program.
MENTIONED IN THIS ARTICLE
Erickson
Kennedy High School
University of Iowa
National Cancer Institute
Cedar Rapids
Paul Pomrehn
University of Iowa College of Medicine
Linn County
Pomrehn
U of I
Regulators defend S&L bailouts as cheaper than shutdown
Federal officials led by M. Danny Wall defend December bailouts of 75 savings and loan institutions at a reported cost of 15.5 billion spread over 10 years. They argue tax benefits and asset sales would offset most losses, contrasting with 47 billion needed for immediate liquidation.
MENTIONED IN THIS ARTICLE
S&l
S&ls
Federal Savings and Loan Insurance Corp
Wall
Flagmen safety program trimmed by IDOT commission
IDOT staff proposed a safety program costing $50,000 but the commission pared it to $37,427. Chairman Austin Turner defended the initiative as vital for road crews while noting the need to save lives. Harold Schiel cited flagmen as key but often under trained, prompting a state tailored video and workbook package by Iowa State University Media Resources Center.
MENTIONED IN THIS ARTICLE
IDOT
Commission
Austin Turner
Turner
Harold Schiel
Idot Transportation Safety
Schiel
Iowa State University Media Resources Center
Utah
Iowa
Germany tightens limits on exports to nuclear weapon makers
West Germany plans curbs on participation in building nuclear or chemical weapons abroad. New export lists will restrict certain countries and monitor goods. Firms with dual use products face registration, tighter agency information sharing, and higher fines. nonproliferation treaty status will guide country lists. Haussmann said affected countries to be announced later.
MENTIONED IN THIS ARTICLE
Ment
Haussman
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