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Newspaper
Destin Log
Location
Destin, Florida, United States of America
Date
Jun 12, 1985
Page
5
Karen MacGrogan suggests moonbathing as a peaceful nightly ritual for red haired, fair skinned readers. In a quiet backyard during a full moon, she finds serenity away from the TV, lying on a chaise lounge beneath a mimosa tree as frogs and distant dogs contribute to the calm.
A breezy nearly day bright yard bathes in moonlight and stars as the writer savors roses from Mother's Day bushes, mimosa scents, and the absence of bugs. They contrast night pleasure with daytime sun and beach annoyances, pondering why they stay indoors and mentioning a playful moon tan idea.
Kenneth Eskey surveys deregulation worries as congress and the Reagan administration weigh tighter rules for government securities trading. Treasury Secretary Baker plans a June 21 report on regulating large and small dealers amid S&L and bank losses. He warns against amateur participation and calls for minimal operating standards for dealers and insured institutions to curb reckless speculation.
Isaac heads the FDIC warns that high interest bank practices cost the agency hundreds of millions when banks fail and depositors are protected up to 100000. Better Business Bureaus and state securities admins warn of new investment gimmicks as scams rise. Boundaries are needed before allowing risky financial promoters to the public.
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