First American Bankshares Chiefs Resign Over BCCI Scandal
Washington based First American Bankshares Inc. announces the resignation of chairman Clark Clifford and his partner Robert Altman amid the BCCI scandal. Clifford, 84, and Altman say they leave to shield the bank from negative publicity as regulators probe misled disclosures and a potential $200 million Fed fine. Moody’s downgrades debt amid real estate downturn.
MENTIONED IN THIS ARTICLE
Washington (Ap
Clark Clifford
Bank of Credit and Commerce Internationals
BCCI
First American Bankshares Inc
New York
Florida
Clifford
Robert Altman
Altman
First Americas
Washington
First American
Federal Reserve
Joseph Coyne
Fed
Coyne
Moody's Investors Service
Maryland
Virginia
Moody’s
Stephen W. Shippie
Moody's
Emergency declares at Nine Mile Point 2 nuclear plant
A site area emergency was declared at the Nine Mile Point 2 reactor after a warning system lost power. No evacuations occurred, no radiation escaped, and the plant was shut down and stabilized. NRC and state officials will investigate the backup power failure and transformer malfunction.
MENTIONED IN THIS ARTICLE
Oswego
Burtch
Federal Nuclear Regulatory Commission
Karl Abraham
NRC
Bypass Death Rates Vary by Surgeon and Hospital
A Dartmouth-Hitchcock epidemiologist says death rates after heart bypasses differ widely across hospitals in New Hampshire Vermont and Maine from 1987 to 1989 but reasons remain unclear. He notes no single smoking gun and suggests many nonoperative factors contribute to outcomes.
MENTIONED IN THIS ARTICLE
Chicago
Gerald T. O’connor
Dartmouth-Hitchcock Medical Center
Hanover
O'Connor
New Hampshire
Vermont
Maine
O’connor
Journal of the
American Medical Association
Kennedy kin's rape case judge orders affidavit submission
Palm Beach County Circuit Judge Mary Lupo ordered the woman who says she was raped at the Kennedy family estate to file an affidavit within 72 hours listing the date and nature of treatment from each medical provider subpoenaed by the defense. Defense seeks medical and pharmaceutical records and possibly psychiatric or psychological history to assess credibility. The defense argues the woman’s past health could show motive, while the woman’s lawyers seek protective measures against intrusive inquiries.
MENTIONED IN THIS ARTICLE
West Palm Beach
Fia
Kennedy
Palm Beach
Mary Lupo
Wom Degreme
William Smith
Smith
Edward M. Kennedy
D-Mass
Ash cloud from Pinatubo spreads worldwide
The Mount Pinatubo ash cloud now encircles the globe, potentially cooling the climate while intensifying sunsets. It extends as far north as Fayetteville, North Carolina, with Hawaii and California residents noting striking sunsets as dust filters sunlight. Weather effects remain uncertain.
MENTIONED IN THIS ARTICLE
Washington
Pinatubo
Globe
Fayetteville
N.C
National Environmental Satellite, Data and Information Service
Hawaii
California
Pit bull bans struck down by Memphis judge
Memphis Tenn AP A circuit judge struck down ordinances banning pit bulls in Memphis and Shelby County after a schoolteacher was killed by two dogs. Judge Janice Holder said the laws regulate dangerous animals too far and are unconstitutional. The bans barred new pit bulls but allowed existing owners to keep them if neutered, with a restraining order halted enforcement until ruling.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Circuit Court
Janice Holder
Memphis
Shelby County
Air India fights rat problem delaying international flights
Air India has delayed three international flights to Tokyo New York and London after rat infestations. A Muscat to Bombay flight returned after takeoff when rats were found. Aviation Minister Madhavrao Scindia said fumigation traps and glue plates are used and rats are regularly exterminated in hangars and cabin facilities.
MENTIONED IN THIS ARTICLE
New Delhi
India
Air India
Madhavrao Scindia
Tokyo
New York
London
Muscat
Oman
Bombay
Scindia
Pope John Paul II Visits Parents' Graves in Krakow
Pope John Paul II, visiting his homeland from Rome, kneels at the gray marble graves of his father Karol and his mother. He recalls his deeply religious father, who acted as both father and mother after his mother’s 1929 death, and notes the long-ago image of his father praying at dawn.
MENTIONED IN THIS ARTICLE
Krakow
Poland
John Paul II
Rome
John Paul
Karol
Vandals deface Plymouth Rock with swastika
Plymouth Mass AP report says teens sprayed a black swastika across Plymouth Rock around 4 a.m. Police found no suspects as a fisherman spotted them fleeing. State officials consider fencing the monument while workers scrub the graffiti from the chiseled 1620 date.
MENTIONED IN THIS ARTICLE
Plymouth
Mass
Plymouth Rock
George Madsen
Charles Dane
State Division of Forests and Parks
Mystery cornfield appears on 153rd Street Broadway
In New York a mystery sprouts 131 cornstalks planted along a median at 153rd Street on Broadway. The unusual field sits amid a poor largely Hispanic Upper West Side neighborhood, with harvest time near and fears of larceny.
MENTIONED IN THIS ARTICLE
New York
Broadway
Boulevard
153Rd Street
158Rd
Upper West Side
Theater District
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Michael Cherkasky
Manhattan
U.S. Bank
Paul G. Adams II
N.Y
Peter Slocum
State Disaster Preparedness Commission
Albany
Vogtle
Georgia
Ginna
Upstate
John Kopeck
Mr. O'Connor
Frederick
Charles E. Chisholm
W. Patrick St
L.S
J. Lee Krantz
William F. Harper
Steven A. Pickett
Thomas Johnson Dr
F. Oate
Bor
Sylvan Learning Center
Sylvan
Spade
Gaithersburg
Ofauaseris Se
East Street
Everedy Square
Frederick, MD
Pope
St. John Regional Catholic School
The
Middle States Assoc. of Colleges and Schools
Gr. K
2Nd
St. Frederick, Md
Mt. Airy
Damascus Area
Clifford B. Silbiger
W. Patrick St. Frederick