Bank collapse rocks Asian markets as Barings fails
Asian financial markets reel after Barings Brothers collapse triggered by rogue trader Nicholas Leeson. The 233 year old London bank could go into administration with Ernst Young taking control. Leeson reportedly fled Singapore amid investigations into unauthorized futures trades.
MENTIONED IN THIS ARTICLE
Hong Kong
Britain
Baring Brothers & Co
Bank of England
Associated Press
Howard Gorges
South China
Barings
Ernst & Young
New York
Singapore
Nicholas William Leeson
Barings Future
Business Times
Leeson
London
Daily Mirror
The
Times of London
Marines land in Mogadishu to secure peacekeeping withdrawal
About 150 American Marines came ashore at Mogadishu's seaside airport to set up command HQ and mark landing routes for roughly 2,000 more troops amid a planned withdrawal of U.N. peacekeepers. The operation aimed to avoid direct clashes with Somali militias as stray gunfire and mortars raged nearby.
MENTIONED IN THIS ARTICLE
Mogadishu
Somalia
U.N
U.S
Washington
Pentagon
Cmdr
Scott Campbell
Menswear designers reinvent instore redefine trends
Cloudy weather with scattered showers continues tonight and Tuesday as temperatures stay in the 30s to near 50. Nearby notices and sports brief mention MPSSAA tournament-bound teams on B-1.
Frederick Mews Poet Daily Print on Recycled Paper
Segmented Frederick Mews Poet note states portions printed daily on recycled paper with playful typography about newspapers and recycling. The fragment hints at a community paper practice and a quirky headline style.
MENTIONED IN THIS ARTICLE
Frederick Mews
Winter Song music fills Frederick armory with diverse acts
About 1,000 people attended Frederick's eighth annual Winter Song at the North Bentz and West Second streets armory. The event showcased Daryl Davis Band in the main hall, Linda Baer on the second floor, and workshops on Irish piano, Celtic pipes, jazz, and gospel. City events coordinator Debbie Harper praised the mix and larger, longer attendance, with many visitors from Washington and Baltimore.
MENTIONED IN THIS ARTICLE
North Bentz
West Second Streets
Daryl Davis
Daryl
Debbie Harper
Senate votes on balanced budget amendment nears
After a month of debate the Senate faces a final vote on the balanced budget amendment with 66 supporters, one short of the two thirds needed. Five undecided Democrats including Conrad Dorgan Nunn Ford and Breaux weigh concerns about Social Security funding court power and timing ahead of a Tuesday tally.
MENTIONED IN THIS ARTICLE
Washington
Senate
Judd Gregg
R-N.h
House
North
Mark Hatfield
Ove
Conrad
Nunn
Freezing drizzle disrupts travel across Frederick County
Monday morning brought a glaze of freezing drizzle causing slick roads and chilly commutes. Crews worked from 4 a.m. to treat surfaces while schools delayed start and Hood College postponed classes. Police reported minor crashes and a fatal 22 car pile near the Baltimore Washington International Airport the previous night.
MENTIONED IN THIS ARTICLE
Frederick County
Hood College
Donnie Crum
County Roads Department
Sabillasville
Foxville
Maryland
Frederick Barracks
Baltimore- Washington International Airport
Baltimore-Washington Parkway
Controversial Lake Linganore owner faces lawsuit over center
Frank P. Ellis 41 who owns 85 percent of Lake Linganore is being sued by the Lake Linganore Association Board for failing to build a recreation center and swimming pool promised in 1987. Ellis says he will complete the project with $183,000 in escrow if the board drops the litigation and notes a $500,000 center and pool obligation tied to his general manager.
MENTIONED IN THIS ARTICLE
Lake Lingapore
Frank P. Ellis
Lake Linganore
Mobile
Ala
Mr. Ellis
Alabama
Lake Singanore Association Board
County Planning Commission
Ellis
Pinehurst Village
Lake Anita- Louise
Association
Hecht Opposes Federal Balanced Budget Amendment
Delegate Sue Hecht the sole Democrat among Frederick County's Maryland House delegation will vote against a federal balanced budget amendment. She argues it could severely impact local governments with cuts. The rest of the delegation, including Republicans John Derr Tim Ferguson David Brinkley Donald Elliott Paul Stall Anita Stup and leaning member Louie Snodgrass, express varying levels of support for the amendment.
MENTIONED IN THIS ARTICLE
Frederick County
State House
Sue Hecht
Maryland
Ms. Hecht
John Derr
Tim Ferguson
David Brinkiey
Donald Elliott
Paul Stall
J Anita Stup
Louie Snodgrass
Also Mentioned on This Page
Inside the News
Frederick Youth Post
WinterSong
Baltimore
Sam Yu
Capitol Klezmer
Old Armory
Frederick
Ross Perot
Judicial Branch
Gregg
NBC
Meet the Press
Newt Gingrich
Congress
Clinton
Frank Ellis
Hecht
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