Maryland S&L Crisis Blamed On Lax Police Powers
A mid day Maryland General Assembly special report asserts the Savings and Loan Division collapse might have been avoided with proper police powers. It cites former chief Charlee H. Brown Jr and accuses the General Assembly Attorney General Sachs and Governor Hughes of roles during growth years. The eight page excerpt also faults the Maryland Savings Share Insurance Corp for oversight failures. Delayed release kept locked in a state building.
MENTIONED IN THIS ARTICLE
Maryland
General Assembly
Annapolis
Savings and Loan
Washington Post
Charlee H. Brown Jr
Baltimore
Wilbur D. Preston Jr
Preston
Stephen H. Sachs
Harry Hughes
Maryland Savings Share Insurance Corp
Sachs’ Office
Hughes
Thrift protest led by Ralph Nader at Maryland rally
Consumer advocate Ralph Nader led 500 to 700 S and L depositors in a frigid protest at the Maryland state capital area seeking release of 1.2 billion dollars in about 100,000 accounts in four closed thrifts. John McHale said the rally started lobbying to free funds as Nader pushed for a national consumer watchdog banking group. The demonstrators endured two and a half hours outside the Legislative Services Building, barred from the statehouse stairs and electricity for sound equipment.
MENTIONED IN THIS ARTICLE
Maryland Savings and Loan Depositors
Statehouse
Maryland General Assembly
Ralph Nader
Annapolis
Savings and Loan
Maryland
Nader
John McHale
Maryland Savings and Loan Depositors Committee
Legislative Services
Emer Johnson
Harry Hughes
Johnson
S&l
David Lang
Financial Consumers Association
Banking, Credit and the Insurance
Broenenein Ind
Serial criminal Baumgardner sought in cross county abductions
Arrest warrants issued by Howard and Montgomery counties target Richard Dale Baumgardner, 25, for kidnapping, armed robbery, assault and theft in Howard County linked to a Columbia woman abducted at knifepoint. Earlier Montgomery warrants allege rape, assault with intent to murder, kidnapping and auto theft tied to a Wheaton Plaza incident. The suspect allegedly abducted, raped, and threw another woman from a car into the Patuxent River, but she escaped and was hospitalized in good condition. Police say he registered under his name at a motel during the crimes, aiding identification. Authorities issued a nationwide alert as detectives inspect the pickup truck and Baumgardner’s family seeks him. He previously served time for a 1978 rape and was released in 1984.
MENTIONED IN THIS ARTICLE
Rockville
Howard County
Montgomery
Richard Dale Baumgardner
Columbia
Baumgardner
Wheaton
Botino Coy
Ranmegard
Silver Spring
Wheaton Plaza
Rocky Gorge
Patuxent River
Montgomery General
Olney
Elkridge
Baumegardner
FBI
Howard
Montgomery County
Tims
Clarksville
Dwight Thompson
Female shoppers alter habits after mall abduction case
In light of an abduction and rape tied to a Silver Spring woman and other attempted grabs, area shoppers report caution. A Frederick woman said she parked near stores and walked with her daughter at Francis Scott Key Mall, while a Keedysville woman escaped after a man with a knife demanded she slide over. Officials note few security changes planned as malls adjust to a growing region.
MENTIONED IN THIS ARTICLE
Silver Spring
Frederick
Francis Scott Key Mall
Keedysville
FSK
Dre. Leslie Lehmann
Frederick County
John Todd
Todd
Frederick Towne
James Woodward
Epecery Kk Towne Mallna
Reagan freezes Libyan assets in United States
President Reagan ordered all Libyan assets in the United States frozen under a national emergency to curb Libya’s economy and force American workers in Libya to return home. Officials say the move targets hundreds of millions in Libyan property and banks, amid ties to recent airport attacks and broader U.S. sanctions.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Reagan
Muammar Khadaty
United States
Libya
U.S
Khadafy
Rome
Vienna
State Department
Department
Abu Nidal
Nidal
Ulot
Voice of America
Treasury Department
Western Europe
Britain
Italy
West Germany
West
Israel
White House
Justice challenges budget bill in court fight
The Justice Department defends Gramm Rudman against a suit to overturn it, asserting the law unconstitutionally vests executive power in a Congress officer. It argues the 12 congressmen lack standing to claim injury, led by Rep. Mike Synar.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Justice Department
Gramm-Rudman
Priday
Department
Gramm Rudman
Congress
Mike Synar
D-Okla
Weather and sports note from Western Maryland page
Sunny mild weather pattern continues with highs near 35 to 40 and overnight lows about 18 to 25. Friday and Saturday look brighter and warmer. Sports editor Stan Goldberg covers Elvin Addison’s life changes and a midweek update on area high school basketball statistics.
MENTIONED IN THIS ARTICLE
Maryland
Stan Goldberg
Elvin Addison
City officials sworn in for four-year terms in Frederick
The Frederick City Board of Aldermen were sworn in for four year terms Thursday morning. The lineup includes Jon F Kreissig Arlene Phillipe Betty Floyd William Lee and James Murphy. Murphy and
MENTIONED IN THIS ARTICLE
Frederick City
Also Mentioned on This Page
Jeff Taylor
Ruth W. Ellis
Tiestad
Stave Yiouas
Justice
Inside the News
Hippocrates
C. Kurt Hotter
Phillipe
Floyd
Kreissig
Lee
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