Greenspan faces questions on rates in House hearing
Washington AP Greenspan testifies before the House Banking Committee on Fed policy amid calls over inflation control and the potential for a soft landing. Economists note December to January signals suggest modest growth with tension between Fed restraint and administration optimism for 1990.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Bush
Alan Greenspan
House Banking Committee
Capitol Hill
Greenspan
Fed
Congress
David Jones
Aubrey G. Lanston & Co
Illinois poised for surge in factory outlet malls
Illinois may gain multiple factory outlet malls as plans unfold in Arcola and Lincoln, with proposed centers in Gurnee, Aurora, and Homewood and a new project in West Frankfort. Value Retail News notes only three Illinois outlets in its 1990 directory, led by Piano Factory Outlet Mall in St. Charles. VF Corp. has begun developing some outlets, including its Lee Wrangler lines.
MENTIONED IN THIS ARTICLE
Chicago
Illinois
Arcola
Lincoln
Gurnee
Aurora
Homewood
West Frankfort
Terry Sanders
The
Value Retail News
Midwest
Piano Factory
St. Charles
Round House
VF Corp
Lee and Wrangler Jeans
Jantzen Mens’ Wear
Vanity Fair
Big Ben
Treasury to borrow $6 billion more in first quarter
The Treasury Department announced a revised borrowing plan for January through March totaling $47.6 billion, up from $41.6 billion originally. The increase covers savings and loan bailout needs and uses weekly three and six month bills, 52 week bills, and possibly cash management bills. It reflects updated funding requirements of the Resolution Funding Corp. through March 31 and the conduit role of the Federal Financing Bank.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Treasury
Resolution Funding Corp
Federal Financing Bank
Resolution Trust Corp
Edgcomb tops life insurance sales for 1989 in Rock River Valley
Tony Edgcomb of Dixon, an agent in Country Companies DeKalb Lee Agency, placed over 2.2 million in new life insurance in 1989, one of 65 agents nationwide to reach that level. John Novak of Dixon earned IDS accreditation as a personal financial planner after completing a two week course in Minneapolis. Lois I Anderson announced Sandra Kaye Ivey as assistant vice president at Central National Bank of Sterling, with Ivey active in local community groups and clubs.
MENTIONED IN THIS ARTICLE
Tony Edgcomb
Dixon
DeKalb-Lee Agency
Edgcomb
John Novak
IDS Financial Services
Minneapolis
Minn
Novak
IDS
American Express Company
Lois I. Anderson
Central National Bank of Sterling
Sandra Kaye Ivey
CNB
Ivey
WSDR
Rock Falls Little League
Rock Falls-Coloma Goodfellows
Rock Falls Booster Club
Dixon Chamber of Commerce
Sterling and
Rock Falls Chambers
Rock
Majewski Promoted to Vice President at Blunt Ellis Loewi
Steve Majewski has been promoted to Vice President Investments at Blunt Ellis & Loewi Incorporated. The announcement was made by Larry Hoffman. Majewski has worked with the firm since 1985 and ranks among its top 100 retail investment brokers. He and his wife Lynn reside in Sterling with their family.
MENTIONED IN THIS ARTICLE
Blunt Ellis & Loewi Incorporated
Steve Majewski
Larry Hoffman
Majewski
Blunt Ellis & Loewi
Lynn
Sterling
Milwaukee
Chicago
Midwest
Florida
Kemper Financial Companies, Inc
Also Mentioned on This Page
U.S
Rock River Var
Walkens
the Beverage Center
Plaza North
Fleischmans
Lord Calvert
Walkers Deluxe
Carlo Rossi
J&b Scotch
E&j
Lady Velvet Schnapps
Mrs. T Bloody Mary MIX
California
Sebastiani
Berringer
Burgundy
Pabst Blue Ribbon
Bartles Jaymes
Bartles and Jaymes
S Martini
Meirs Sparkling
Milwaukees
Strohs
Stroh
Olympia
Kingsbury Beer
Corona, Heinek ST. Paul
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