RTC settlement unlikely to alter Arizona governor race dynamics
Challengers for Gov. Fife Symington respond cautiously as RTC settles its lawsuit without finding wrongdoing or fines. The $210 million suit over Southwest Savings remains a campaign issue, with Democrats Paul Johnson and Terry Goddard arguing the settlement could shift primary sentiment, while opponents like Barbara Barrett and Eddie Basha say it won’t derail their campaigns. A federal grand jury is examining potential charges related to Southwest’s failure.
MENTIONED IN THIS ARTICLE
Fife Symington
Resolution Trust Corp
Symington
RTC
Southwest Savings and Loan Association
Phoenix
Paul Johnson
Johnson
Karen Schroeder
Sider Symington
Terry) Goddard
Schroeder
Paul
Goddard
Marty Latz
Richard Lessner
GOP
Barbara Barrett
Barrett
Lessner
Barbara
Southwest
Symington says he did nothing wrong amid settlement talks
Symington, facing RTC suits over thrift losses totaling about 210 million dollars, defends his actions at a reception for border-state governors. He notes no admission of fault and hopes the settlement eases his re election bid, while lawyers handle the case. Settlement discussions involve Ludwig estate and U.S. Attorney offices.
MENTIONED IN THIS ARTICLE
Symington
U.S
Arizona Biltmore
Southwest
RTC
Thrift
American
Camelback Esplanade
24Th Street
Camelback Road
Phoenix
Symington Co
Ludwig
Dowd
Gary Stuart
New York
Symington fights RTC over Southwest scandal details
A long legal saga traces Symington’s roles from 1972 to 1994 as he sits on boards of Southwest Savings and Loan and Southwest’s successor, faces RTC lawsuits alleging missed votes and improper Esplanade deal, and negotiates a 1994 settlement while federal probes proceed in Phoenix and Los Angeles.
MENTIONED IN THIS ARTICLE
RTC
Symington
Southwest Savings and Loan Association
New York
Daniel Ludwig
Southwest
Thrift
24Th Street
Camelback Road
Phoenix
Camelback Esplanade
Darwen Board of Directors
Esplanade
American Savings and Loan Association
Utah
Ludwig
Federal Resolution Trust Corp
U.S. Attorney’s Office
Los Angeles
Los
Pyramid scheme alarms arise over Friends Network claims
Arizona consumer protection officials say a four level gift plan may still violate state law if money is used to recruit others rather than goods or services. Oregon sues the group with a temporary restraining order in place while Idaho and other states warn residents against similar pyramid schemes.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Sydney Davis
Arizona Attorney General’s Office
Consumer Protection Section
Davis
Friends Network
Arizona
Oregon
Theodore Kulongoski
100 Jane Does
John Does
Deschutes County
Michael Sullivan
Kulongoski
Margosian
Attorney General’s Office
John MacDonald
Idaho
Larry Echohawk
Has Echohawk
Echohawk
Also Mentioned on This Page
Rick DeGraw
Eddie Basha
Basha
DeGraw
Grant Woods
Woods
Southwest Board
Val Marshall
Denver
Washington
N. 7Th St
del Marr
Mesa
Ottsdale
ScottsdaLe Rd
ScottsdaLe & Shea
N. Mesa Dr
Tribune Classifieds Daily
MacDonald
Tempe Sales
Fabric
W. BroaDway Tempe
Autosoat
Tribune
ULTRA
Nature’s Way
Primadophilus
SW Corner
Broadway
Lindsay
E. Broadway Mesa
VU OS Health
EET Psu
Heer
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