Four Million Loss In Penn Central Saga Part Four
Washington dispatch by Arnold B Savislakenstein sketches a complex plot tied to Penn Central bankruptcy. Key figures include Fidel Goetz described as a Liechtenstein tycoon, David Bevan a former Penn Central official, and Liechtenstein lawyers Peter Marxer and Adolf Goop.
MENTIONED IN THIS ARTICLE
Arnold B. Savislakenstein
Washington
UPI
Brothers Rosenbaum
Aley Joseph
Fran
Fidel Goetz
Liech
David Bevan
Penn Central Railroad
Peter Marxer
Adolf Goop
Vaduz
Liechtenstein
Investment questions on Baltimore Gas and Electric bonds
Investor asks whether to sell 8 percent BGE bonds due 1974 for a 1 point gain to reinvest. With rates dropping, short term triple A issues yield about 6.6 to 8 percent. Holding to maturity yields 425 annually. selling would net 5,400 to reinvest at par in newer issues.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Baltimore Gas and Electric
Baltimore G
Penn Central Report Details Bevan Goetz Links in Railroad Bailout
The Penn Central failure saga unveils a staff view of Bevan Goetz and Rosenbaum steering loans and loans-for-fees through Goetz controlled channels. It notes illicit dealings under the Federal Aviation Act and a $4 million loss tied to a $1 million loan fund, highlighting tensions with the Civil Aeronautics Board and ongoing BJA controversy as of 1971.
MENTIONED IN THIS ARTICLE
Penn Central
Civil Aeronautics "Board
Wright Patman
Texas
Bevan
Istaff
Goetz
BJA
Rosenbaums
Amerceuge
David Bevan
Lican
Joseph
Leichtenstein
Gilbert & Sullivan
Rabbits Invade Soviet Union Amid Severe Winter
Soviet Tass reports heavy snow and frost drive large rabbit armies across the countryside. The invasion headline recalls a bizarre exchange about money transfers linked to a Liechtenstein trust case. Authorities note no direct relation between the two narratives.
MENTIONED IN THIS ARTICLE
Moscow
Kussia
Tass
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