Financier Arnholt Smith jailed on 42 new fraud charges
San Diego financier Arnholt Smith 76, once a Nixon backer and billionaire employer, was arrested Monday on 42 new bank fraud counts. He was released within two hours on his own recognizance. The case ties to a 58 count county indictment accusing Smith and Phillip A. Taft of conspiring to loot the U S National Bank of San Diego, which collapsed in 1973.
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Cease fire quiets Beirut as talks loom
Beirut saw a brief lull as a new cease fire took effect with Lebanese army securing key seafront zones. Moslem leftists and right wing Christians face months of talks on representation while Arafat and Assad urge restraint to aid broader Arab interests.
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Cold air ends warm spell as records fall across Northeast
A surge of cold air broke the Midwest warmth and set new highs in Hartford Boston Providence while lows and snow dusted the north. Three Arkansas Explorer Scouts and a Texas student were rescued after a mountain ordeal as Minnesota men die shoveling snow. Rev Jesse Jackson arrested during sit in at Chicago Board of Education offices over an all black elementary school.
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