Government weighs federal role if New York City defaults
Treasury Secretary Simon said the Ford administration may step in after a NYC default to limit damage, possibly using bankruptcy laws. discussions aim to ease nationwide financial impact, with proposals including advance federal funds and revenue-sharing reshuffles.
MENTIONED IN THIS ARTICLE
U.S
New York
Washington
Treasury
William E. Simon
Ford Administration
New York City
Simon
al York
Ron Nelsen
Nessen
White House
Benjamin S. Rosenthal
D-N.y
Government Operations Subcommittee
Commerce, Consumer and Monetary Affairs
Executive Branch
Rosenthal
Rosen
Thal
Allstate Savings Opens More Offices After Merge
The ad proclaims Empire Savings merged into Allstate Savings creating 35 offices statewide from Chico to San Diego. It promises highest legal interest, federal insurance of 40000 per account, free services, and notes Allstate Savings is a member of the Sears family.
MENTIONED IN THIS ARTICLE
Goldin
Beame
MAC
Empire Savings
Allstate Savings
Chico
San Diego
Sears
Bangladesh urges tripling aid to poor nations by 1980
Bangladesh finance minister A R Mallick told IMF and World Bank leaders that aid to the world's poorest nations must be tripled to reach one percent of GNP to avert mass misery. He cited Bangladesh's worsening conditions and lack of benefit from commodity booms, calling for a massive foreign-aid boost amid global economic upheaval.
MENTIONED IN THIS ARTICLE
Washington
Bangladesh
A.R. Mallick
International Monetary Fund
World Bank
Germany
Japan
IMF
Jamaica
Mallick
United Nations
Ford to drop standard items on 1976 autos
Ford Motor Co will remove up to 300 dollars worth of standard equipment from most 1976 cars to cushion price increases. Items like tinted glass bucket seats and vinyl roofs will become optional, and some cars may downgrade to AM radios from AM/FM stereo.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
Ford Motor Co
Ford
General Motors Corp
Also Mentioned on This Page
New York Times Service
Municipal Assistance Corporation
Abraham D. Beame
City Hall
Board of Estimate
Amsey
Main St
Covina
N. Acuso
Downey
E. Firestone
Ora
Nido
Excondi
Are
Hermosa Beach
San
Emente
el Comingo
N Blvd
Manche S
Nto Fa
Santa FE Springs
Santa Ana
Long Beach
Pacific
Los Angeles
Alos
Tom Beach
Allstate
Ian
Pacoima
Montgoaaery
Montgomery
Wards Building Department
Panorama City
San Bernardino ‘West
Huntington Beach
Norwalk
Fullerton
Canoga Park
Lynwood
Eagle Rock
Lakewood
Montgoaery
Covina Torrance
Rosemead
Montclair
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