Regulators knew of Old Court S&L troubles months before crisis
State and private regulators were aware of financial irregularities at Old Court Savings and Loan but did not pass details to the part time board. The April 4, 1985, board meeting record shows early concern about risky investments, contributing to a run that prompted withdrawal restrictions and an across the sector freeze affecting about 110,000 accounts with over 1.2 billion dollars in three institutions.
MENTIONED IN THIS ARTICLE
Baltimore
Old Court Savings and Loan Association
Board of Savings and Loan Commissioners
Old Court
Baltimore Sun
Washington Post
Harry Hughes
S&ls
Maryland Savings Share Insurance Corp
MSSIC
State Division of Savings and Loan
Savings and
Jaycees Give Women a Roof in Mount Airy
Jaycees in Mount Airy replaced a leaking roof for Bessie and Beulah Jones, two elderly sisters with no living relatives, turning their cinderblock home on Harrisville Road into a dry, warmer shelter. The project, led by club president Frank Dertzbaugh, drew a strong turnout from local volunteers who called the gesture like family. The sisters, living in the four room house for “twenty-some years,” welcomed the help and the community effort continues on.
MENTIONED IN THIS ARTICLE
John Stohlman
Conrad Grant
Mount Airy
Bessie Jones
Harrisville Road
Mount Airy Jaycees
Frank Dertzbaugh
OPEC Ministers Reconsider Strategy To Defend Market Share
Geneva talks entering a third day see OPEC move from defending a price to protecting market share. A six country committee will study implementation while a potential price link to a non-OPEC basket is discussed for next year.
MENTIONED IN THIS ARTICLE
Geneva
OPEC
Gabon
Etienne Guy Tchioba
Petroleum Producers’ Cartel
Fernando Santos Alvite
Venezuela
Iran
Iraq
Kuwait
Algeria
United Arab Emirates
Santos
Ahmed Zaki Yemani
Britain
Soviet Union
Yamani
Lake Linganore seeks special taxing districts in Frederick County
Frederick County residents in Lake Linganore urge lawmakers to allow creation of special taxing districts to fund street lights police and fire services water and road improvements. Alan Imhoff says residents will pay higher taxes to avoid burden on general taxpayers. Also seeking bond bills for Weinberg Center for the Arts and Middletown water and sewer repairs with state matching funds discussed at the Annapolis delegation hearing in Winchester Hall Frederick.
MENTIONED IN THIS ARTICLE
Frederick County
Alan Imhoff
Lake Linganore Association
Annapolis
Imhoff
General Assembly
Winchester Hall
Frederick
Lake Linganore
Frederick Washington
Broadrup
Middletown
Footbridge Dedication Opens Potomac Crossing at Harpers Ferry
Harpers Ferry West Virginia dedicates the Goodloe E. Byron Memorial Pedestrian Walkway a 600 foot footbridge over the Potomac River parallel to the B O Railroad bridge U S Rep Beverly Byron and U S Senator Robert Byrd attend the ceremony The walkway will serve as the Appalachian Trail route restoring a historic crossing and boosting visitors to nearby parks
MENTIONED IN THIS ARTICLE
Harpers Ferry
W. Va
Potomac River
U.S
Beverly B. Byron
Goodloe E. Byron
Maryland
B&o
C&o
U.S. 340
Byron
Harpers Ferry National Historic Park
C&o Canal National Park
Robert Byrd
D-W. Va
John Brown
Byrd
Death linked to new cancer immunotherapy patient death noted
An experimental treatment using interleukin-2 to reprogram a patient’s white blood cells into cancer killers has been linked to one death. The therapy, tested in 25 patients with advanced cancer, showed tumor shrinkage in some cases but carries significant toxicity and remains unproven for broad use.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
National Cancer Institute
Cancer Institute
Bethesda
Steven Rosenberg
Rosenberg
The
New England Journal of Medicine
Telephone Pioneers Spread Holiday Cheer at Lunch Meet
Local Telephone Pioneers group forfeits lunch break to deliver smiles and goodwill during a holiday gathering. Members arranged cheerful notes and small gifts to brighten colleagues and boost morale. Oscar Wilde quote featured as a thematic greeting.
Senate to reveal costly congressional mailings
Senate disclosure of mailing costs faces GOP resistance as Sen. Charles McC Mathias notes 144 million in annual postage for government newsletters. The list covering the last quarter of the fiscal year ends Sept. 30 will expose senators' mass mailing figures, provoking political fallout and debates over transparency versus shielding the House from scrutiny.
MENTIONED IN THIS ARTICLE
Washington
Senate
Charles McC Mathias
House
Mathias
The
Rules Committee
Ted Stevens
Alaska
Stevens
Also Mentioned on This Page
S&l
State
C. Kurt Holter
Jaycees
NBC News
Mana Saeed Oteiba
Lake Singapore
Fred W. Broadrup
Weinberg Center For the Arts
del. M. Albert Morningstar
Potomac
Susan C Nicol
B. Kirk Walsh
West Virginia
Cancer Information Service
Inside the News
Tee
Oscar Fingal
O’flahertie
Wills Wilde
Robert M. Andrews
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