Madigan linked to failed thrift on S&L board
Agriculture Secretary Edward Madigan served seven years as a director of Olympic Federal Savings Association, a thrift seized by regulators and sold for over 111 million dollars to taxpayers. The Times notes a federal probe into directors’ negligence.
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Ex NASA chief James Webb dies at 85
James Webb, NASA administrator from 1961 to 1968, died Friday at Georgetown University Hospital after a heart attack. He had Parkinson's disease and was 85.
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Washington Post
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Clinton and Brown clash over flat tax in New York
Arkansas Governor Bill Clinton defends his critique of Jerry Brown's flat 13 percent income tax at a Queens voters forum, arguing it would harm the poor and middle class. Brown counters in Union Square that Clinton lies about Tsongas and taxes, while tossing copies of the tax code into a trash bin.
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Libya accuses U S of terrorism at World Court hearing
Libya challenged the United States and Britain at The Hague seeking an emergency injunction to block sanctions or force to extradite two Libyans tied to the 1988 Pan Am 103 bombing over Lockerbie. The U N court weighs the case as Western powers push for a Security Council embargo.
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Brown linked to offshoot of firm in AIDS dispute
Washington reports Presidential hopeful Jerry Brown sat on the board of ICN Biomedicals Inc., an offshoot of ICN Pharmaceuticals Inc. whose parent company paid a 400000 dollar penalty to settle charges over promoting the AIDS drug ribavirin. Brown earned 20000 dollars a year as a director while Milan Panic, a Brown supporter, led the firm. The parent company did not admit wrongdoing.
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Two More Accusers Surface In AIDS Case Uncle Ed Rejailed
In Philadelphia police report two additional teenagers have accused a man known as Uncle Ed, who has AIDS, of sexual activity with him. He was re-arrested after posting 10 percent of a $3 million bail. total accusers now four as Lt. James Mooney says more charges may follow. Savitz Organization Inc. is named as the man’s employer.
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