Supreme Court finds government breached S L contracts in Winstar ruling
The Supreme Court, in a 7-2 decision, held the government liable for damages after changing an accounting rule in 1989 that harmed thrifts. It could cost billions in compensation in about 100 similar cases, with Winstar Corp, Statesman Savings, and Glendale Federal Bank named among those affected. The ruling affirms a lower court finding of breach and sends the case back to determine damages.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
S&ls
Clinton
David H. Souter
Souter
Winstar Corp
Minnesota
Statesman Savings Holding Group
Iowa
Glendale Federal Bank of California
Court of Federal Claims
Supreme Court Keeps Affirmative Action Ruling Intact
The Supreme Court let stand a 5th Circuit ruling striking down the University of Texas law school’s affirmative action plan. The decision, unsigned, leaves in place that a policy favoring Black and Mexican American applicants violated white applicants’ rights and questions the continued validity of race-based admissions nationwide.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
University of Texas Law School
Texas
Louisiana
Mississippi
Ruth Bader Ginsburg
David H. Souter
Appeals Court
Law School
Ginsburg
5Th U.S. Circuit Court of Appeals
Appeals
Fowl Mouth Rooster Wins Rogue River Crowing Contest
Rogue River Oregon AP reports Fowl Mouth the rooster won the Rogue River Rooster Crow title with 80 crowing bursts in 30 minutes, earning a 150 prize and outdistancing 63 rivals. Owner Bob Lynd praised the cage design aiding the performance.
MENTIONED IN THIS ARTICLE
Rogue River, Ore
Rogue River
Rockets kill three in Kabul after prayers
In Kabul, Afghanistan, rebel rockets struck as worshippers left a mosque after prayers, killing three and injuring at least ten, including a man wounded while his brother sought food outside the hospital area near Wazir Akbar Khan. It marks a second Kabul rocket attack within a week.
MENTIONED IN THIS ARTICLE
Kabul
Afghanistan
Wazir Akbar Khan
Abdul Matin
Taliban
Yeltsin Appears on TV Amid Health Worries Before Runoff
Boris Yeltsin, looking weary yet firm, urged Russians to vote in the presidential runoff against Gennady Zyuganov in a televised address. Aides say he is healthy, though officials noted a cold as concern grows about his fitness for a second term.
MENTIONED IN THIS ARTICLE
Moscow
Boris Yeltsin
Yeltsin
Gennady Zyuganov
Russia
Moskovsky Komsomolets
Kremlin
Ukraine
Moldova
Viktor Chernomyrdin
Karadzic steps aside in Bosnia Serbs crisis
Bosnian Serb leader Radovan Karadzic bowed to international pressure by transferring powers to deputy Biljana Plavsic, raising questions of who truly leads the Bosnian Serbs while officials warn the move may be a ruse and elections loom as foreigners push for unity.
MENTIONED IN THIS ARTICLE
Tuncels
Turkey
Necati Bilican
Anatolia News
Anatolia
Sarajevo
Bosnia-Herzegovina
Radovan Karadzic
Karadzic
Serbia
Biljana Plavsic
Hasan Muratovic
Bosnia
Muratovic
International pressure grows over Karadzic ban and war crimes
The international community faces a tough bid to cut Karadzic from his support base and compel him to face war crimes charges before a U N tribunal. Carl Bildt announced that Karadzic cannot exercise any public functions as president of Republika Srpska and that the document is signed and sealed by Karadzic.
MENTIONED IN THIS ARTICLE
U.N
Karadzic
Republika Srpska
Carl Bildt
Bosnia
First Lady tours Europe with Romania stop
First Lady Hillary Rodham Clinton begins an eight day European swing with a stop in Bucharest. At Revolutionary Square she pledged ongoing U S support for Romania's democratic transition and partnership. The visit kicks off an 11 day, seven nation tour through Central and Eastern Europe, with stops in Poland the Czech Republic Slovakia Hungary Estonia and Finland following Romania.
MENTIONED IN THIS ARTICLE
Bucharest
Romania
Hillary Rodham Clinton
Clinton
Revolutionary Square
Europe
Ceausescu
Also Mentioned on This Page
Supreme Court Rules
S&L’s
High Court
Freden
East & Church Street
Bab Row
Everedy Square
Vermont Castings
Dana
Bodmer’s
Rt. 85
Buckeystown
PAPF
Archive
Shipley’s
Melero Cles
PR Ly
Uae
ST Ae UC Oe
Shipley
RCA
Panasonec
Gibson Panasonic
XTRA
Technic Panasonic
Enwood
Mac
DSS Satellite Systems
Lies
U.S
Endeavour
First Lady
United States
Mrs. Clinton
Nicolae Ceausescu
Ion Iliescu
Jug Bridge Seafood & Steak House
Baltimore Rd
Frederick
Hartz&Co
Pactory
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