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Dixon Telegraph in Dixon, Illinois

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Dixon Telegraph

Location

Dixon, Illinois, United States of America

Date

Nov 01, 1989

Page

10

Navy says vessels safe after four mishaps in three days

Four sailors were washed overboard from USS Eisenhower and USS Carl Vinson during separate incidents off Cape Hatteras and near Wake Island. Three sailors and 38 missiles went overboard on Eisenhower. two were rescued, one missing. Navy officials call incidents unrelated and emphasize overall safety despite two earlier deadly accidents aboard USS Lexington and USS Reeves.

Navy Cape Hatteras N.C UPI Defense U.S Eisenhower Cmdr Steve Burnett Atlantic Fleet Norfolk Carl Vinson Wake Island Pentagon Fred Hoffman Bruce Cole Atlan Gulf of Mexico Indian Ocean Cole Lexington Reeves Burnett

NYSE chair warns of dangers from market volatility

Washington report quotes NYSE chairman John Phelan Jr warning that rapid swings in stock prices risk destroying markets as a capital raising tool. He says liquidity and volatility are national issues and calls for steps to curb computer driven trading before further damage occurs.

Washington UPI John Phelan Jr New York Stock Exchange The Washington Post Phelan Wall Street House Telecommunications and Finance Exchange Board of Governor Post

Feds to seek more PTL charges

Prosecutors plan to seek additional indictments in the PTL scandal, aiming at unnamed associates of the defunct ministry. U.S. Attorney Miller declined to discuss specifics as WBTV cited sources about a Charlotte grand jury, with Bakker and top aides unnamed in potential new charges. Dortch and the Taggarts are already imprisoned. Dortch may testify. Bakker serves a 45 year term, to be moved from Talladega to a facility near Rochester. The grand jury review could take several days.

Charlotte N.C UPI PTL Jim Bakker Wbtv-Tv U.S. District Court U.S Jerry Miller Bakker Richard Dortch James David Taggart Taggarts Dortch Federal Correctional Center Talladega Ala Rochester Minn

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