FBI chief calls for battle on hostage bank robberies
FBI director J Edgar Hoover urged tighter security to end hostage bank robberies. He pressed continuous, coordinated action, expanded use of cameras, flexible banking routines, and home safety measures. He called for simple alert systems and rapid law enforcement notification to protect hostages and bank staff.
MENTIONED IN THIS ARTICLE
FBI
Washington
J. Edgar Hoover
Hoover
TBI
Hoaver
Lockheed denies British order lost
Lockheed Aircraft Corp says it remains hopeful BEA and BOAC will buy its $15 million TriStar jets. A London report that BEA rejected the offer is denied, with a request for an extension under consideration. Chairman D J Haughton returned from London after meetings with BEA BOAC and the British Airways Board.
MENTIONED IN THIS ARTICLE
Lockheed Aircraft Corp
British European Airways
British Overseas Airways Corp
William Wilson
Los Angeles
London
BEA
Lockheed
Wilson
D. J. Haughton
BOAC
British Airways Board
Pay Board Denied Small-Firm Wage Hikes Citing Hearings Gap
AFL CIO economist Rudolph Oswald says the Pay Board denies raises in smaller contracts under 1,000 workers without hearings while larger agreements receive full hearings. He notes aerospace unions challenge the board in federal court as price controls compare unfavorably to wage restraints.
MENTIONED IN THIS ARTICLE
Washington
Afl-Cio
Rudolph Oswald
Pay Board
Oswald
Aerospace Workers
United Auto Workers
Afl-Cio International Association of Machinists and Aerospace Workers
Finance firm to end bias in lending practices
The nations largest consumer finance company agreed to a court order to provide equal borrowing opportunities to minorities and to hire more women and non whites. Attorney General John N. Mitchell announced the consent decree filed with the Justice Department in Chicago in a discrimination suit against Household Finance Corp. in U.S. District Court.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Atty
John N. Mitchell
Household Finance Corp
U.S
Chicago
No kickback clearance ordered in mortgage closings
The largest supplier of money to the home mortgage market, FNMA known as Fannie Mae, will require lenders to certify that no kickbacks or illegal fees were collected during real estate closings. The move aligns with Housing and Urban Development Department actions to write rules on closing costs, with sellers also needing to certify that itemized closing cost statements were provided before closing.
MENTIONED IN THIS ARTICLE
Tington i
Fedoral National Mortgage Association
Housing and Urban Development Department
FNMA
Fannie Mac
Utility rate boosts draw Sen Metcalf comment to Price Commission
Washington Senator Lee Metcalf D Mont told the Price Commission on Tuesday that some electric utility rate requests should become rate decreases. He cited federal taxation of electric utilities falling from 14.7 percent of revenue to 7 percent over 15 years in his letter to commission Chairman C Jackson Grayson.
MENTIONED IN THIS ARTICLE
Washington
API
Lee Metcalf
D-Mont
The
Price Commission
Metcalf
Commission
C. Jackson Grayson
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Federal Price Commission
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California
South Coast Plaza
Costa Mesa
Lakewood
Anaheim
City Centre del Amo
Wilshire Broadway
Topanga
Santa Monica
Montclair
Santa Barbara
San Diego
Great Western Savings
Free Financial Services
Savings Associations OF Great Western Financial Core
Great Western Savings and Loan Association OF Southern California
Long Beach
Belmont Shora
Second St
Downtown
Kevice Beach Blvd
Lakewood Plaza
Seal Beach
Leisure World
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Westminster Blvd
Great Western Savings and Loan Association
Santa Ana
Buena Park
Stanton
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Laguna Hills
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South Bay
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