Lance's Financial Crises Day by Day
Washington AP reports Bert Lance faced a rapid financial slide as his stock in the National Bank of Georgia fell from 17 to about 4 per share risking up to 1.6 million on sale. His assets heavily tied to the stock prompted political fallout and daily news coverage through July with Senate hearings and a notable 3.4 million loan from First Nations Bank of Chicago.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Carter
Lance
National Bank of Georgia
Senate
Washington Post
First Nations Bank of Chicago
Georgia Bank
Chicago
Senate Committee
Lance resigns amid debt and drama in Washington
Thomas Bertram Lance, once a trusted ally of President Carter, resigns as director of the Office of Management and Budget amid controversy and financial strain. A $5 parking ticket at the time signals legal and tax troubles, while Lance and his wife LaBelle exit the White House with a ceremonial farewell.
MENTIONED IN THIS ARTICLE
Washington
Thomas Bertram Lance
Lance
Senate
Carter
LaBelle
White House
Lance resigns as budget chief praised by Carter
Budget Director Bert Lance quits after weeks of controversy over his past business and banking practices. President Carter, moved by Lance and allied aides, says Lance exonerated himself and believes he must focus on personal finances. Carter credits their special relationship and says Lance aides will handle duties for now.
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Washington
Bert Lance
Carter
Lance
Georgia
Pants
Oil spill fouls Santa Monica beach along 10 miles
More than 500 gallons of crude spilled from a tanker unloading at the Chevron refinery in El Segundo washed ashore Wednesday along Santa Monica Beach, closing the site south of the Santa Monica Pier. Coast Guard officials planned dawn cleanup with winds and currents delaying exact closure duration.
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Santa Monica
Santa Monica Pier
Coast Guard
John Kopek
Manhattan
Chevron
el Segundo
Kopek
Nixon aides probed over alleged covert drug attack report
CIA former science chief Sidney Gottlieb testified to a Senate subcommittee that a covert drug attack on Nixon's traveling party was considered in an unidentified hostile country, possibly Russia, around 1971. He said the president was not proven involved and noted episodes prompted briefing of Nixon’s physician.
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Washington
CIA
Nixon
Russia
Senate
Sidney Gottlieb
Gottlieb
CSA
United States
Sen
Edward M. Kennedy
D-Mass
Gottlibh
Abc-Tv
Moscow
John Seals
U.S
United Nations
Smallest Los Angeles area price rise since 1976
Consumer prices in the Los Angeles Long Beach metro area rose 0.1 percent in August according to the Labor Department. Utilities led the increase with higher rates while transportation fell and overall inflation slowed from spring levels. The August rise implies a 4.5 percent local increase since January.
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Los Angeles-Long Beach
Worth
Labor Department
Four youths charged in widow killings in Long Beach
Prosecution seeks death penalty for Earl Jackson among four youths arraigned on murder charges in slayings of two elderly Long Beach widows. A 15 and 17 year old from Long Beach appear in Juvenile Court over the same case. Elton A. Boyd, 19, faces murder charges in the neighbor’s 3 year old woman death.
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Long Beach
Earl Jackson
Elton A. Boyd
Jackson
Kenneth Sutherland
Paul Marin
Radiation cloud over West Coast linked to Chinese test
EPA reports a small rise in radiation in Anchorage Portland and Seattle after a Chinese nuclear test fallout cloud passed over the West Coast. Milk tests will continue until public health risk is ruled out. EPA spokesman Map Jacobson says Seattle and Juneau show no detectable increase and none is health significant.
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Anchorage
Portland
Environmental Protection Agency
Alaska
Pacific Northwest
EPA
Map Jacobson
Seattle
Juneau
Jacobson
Also Mentioned on This Page
William J. Eaton
Knight News Service
Office of Management and Budget
Clark Clifford
S. Cal
Associated Press
Department
Jim Weitth
Elton Boyd
Aia
Tom Shaw
SOHIO
Israel
U.S. Naval Base
Sam
Ola