New York City saved from fiscal woes by state
The legislature approved and Gov. Carey signed a plan to create the Municipal Assistance Corp Big Mac to refinance NYC short term debt and restore investor confidence. Banks pledged 612 million in rollovers and new loans to avert default as city faces a 641 million budget gap for 1975-76 and a 9 million daily cash shortfall.
MENTIONED IN THIS ARTICLE
New York City
Russ Palliam
Associated Press
Albany, N.Y
Hugh L. Carey
Municipal Assistance Corp
Big Mac
Senate
Assembly
New York
Roy Goodman
Beame
Tax Foundation, Inc
Northrop confronted over secret Swiss firm links in aircraft deals
Senate inquiry targets a covert Swiss entity tied to Northrop Corp foreign sales. Northrop leaders deny full knowledge of EDC operations while payments and agents are under scrutiny. Officials report commissions abroad vary, with several overseas cases under review.
MENTIONED IN THIS ARTICLE
Harrison Humparies
Associated Press
Washington
Senate
Northrop Corp
Northrop
Thomas W. Jones
Economic & Development Corp
Frank Church
Didaho
FCC
Saudi Arabia
Millar
Adnan Khashoggi
Ford nears announcement on 1976 campaign plan
President Ford says he is moving closer to declaring he will run in 1976 but has not set a date. White House aides say the announcement may come before month’s end as polls show Ford leading Kennedy in some surveys while other chairmen remain split. Ford’s support grows amid praise for his handling of the Mayaguez incident.
MENTIONED IN THIS ARTICLE
Washington
Ford
White House
Ror Nessen
Harris
Edward M. Kennedy
D-Mass
Kennedy
Christian Science Monitor
Also Mentioned on This Page
GOP
James Emery
City University
Los Angeles
Greeley Land & Gravel
Bestway
A& A Mobile Homes
First Avenue
Jim Baggot
Hugh Satt Saffley _dack Plunkett
General Store
16Th Ave
Church
EDC
Howard P. Willens
Franz Joseph Bach
Richard W. Millar
Northup
Orriet
Eric Etvute
Boettcher
Chicago
Minneapolis
Boettcher Financial
KOA Radio
Boettcher & Company
Seventeenth Street
Cole
Boulder
the Broad Moor
Colorado Springs
Fort Collins
Grand Junction
Grealey
Puenlo
Casper
Good Housekeeping Magazine
America
Rexall
Gilbert's Pharmacies
Hillside Weldorado
Booth Street
Westview
Toth Street
Labor
B&i
5Th Avenue
Greeley National Bank
9Th St
Greeley National
Handibank
Ney
Peeper
Ave
8Th St. Greeley, Colorado
St. Greeley
Colorado
Ted Dartiteres
Coorada
Hale
Sth
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