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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jul 07, 1992

Page

7

Post election banking crisis forecast by economists and activists

Economists and consumer activists warn of a potential post election banking crisis drawing parallels to 1988 1992 cycles. They cite FDIC funding gaps and possible official reassessments of bank solvency while noting debates over regulatory courage and future insolvency costs.

Washington CAP Consumer Actvists George Bush Congress Senate Banking Committee Donald W Rregle Jr Mich Edward J Kane Boston College Naty House Banking Committee Fed FSLIC S&l Insurance Fund S&l Bush James A Baker National Press Club William Taylor Federal Deposit Insurance Corp FDIC Taylor Michael Waldman Public Citizen Congress Watch Ralph Nader Waldman New Republic Magazine

Russians admire American homes in Vladimir as luxury and dream

In Vladimir near Moscow, a $120,000 American ranch house built by Ron Pope of Illinois State University stands as a rare showcase of Western construction. Russians see it as luxurious and unaffordable, with most workers earning under 240 dollars a year, while plans for prefabricated townhouses near Moscow aim to house foreigners and demonstrate U.S. housing methods.

Vladimir Russia Alexei Moshkin America Moscow Ron Pope Ilinois State University Golden Ring Pope Toany Perestroika Worsham Group Mosinzhstroi Moscow City Building Company Moscow State University Rossinka Lmits Otis Elevators Lotus Computers United States Illinois State University Bloomington St Petersburg

IBM discrimination suit settled in New Haven

A racial discrimination lawsuit by four former IBM executives fired eight years ago was settled as jury selection was to begin in U S District Court. Bernard C Duse Jr said he could not disclose terms, while IBM spokesman John Boudreaux did not comment. The case involved alleged denial of a promotion in 1983 due to race and alleged retaliation.

New Haven IBM Mr. Duse Duse New Canaan

IBM civil rights clash over Duse and court loss

Vietnam veteran and Harvard graduate Duse alleges discrimination and retaliation at IBM, claiming blocked advancement, firing in 1984, and costly surveillance spending. IBM denies misconduct and notes large security costs while settlements with other security firms were reached. In a separate note, Treasury bills fell to multi decade lows as six month rates dropped to 3.32 percent and three month to 3.23 percent.

Washington Treasury Treasury Department

Language ERA Mimi Selig Homes expands multilingual services

Mimi Selig Homes, with offices in Frederick, Rockville and Gaithersburg, offers assistance for buyers and sellers in Spanish, French, Portuguese, Mandarin, Cantonese, Japanese, Hebrew and German, enhancing accessibility for diverse clients.

Mimi Selig Homes Frederick Rockville Gaithersburg

Market gains on late buying push Dow higher

Stocks rose modestly as late buying supported progress on the economic recovery. The Dow gained 6.91 to 3338.20, with advancers ahead of decliners about 5 to 4 on the NYSE and volume near 187.38 million shares. Other indices moved mixed and end strength near session highs.

Hech Calleo IBM Kmart NEW York Life Close H Technologies Ally Pwr Tatton AMAXK Lowes Me Att HM Loyola Corp Avemco Marriott Bell At MNC Fin BioWhittaker Mercantile Sears Fcnb Corp F&m Bancorp First Bank Frederick Ferris, Gte Corp Baker Watts Inc New York Stock Exchange Standard&Poor

Nikkei slips as markets await Munich summit

Tokyo stocks closed lower as the Nikkei Stock Average fell 0.36 percent by 07 points to 16,657.07. The dollar strengthened versus the yen after a three day decline, while trading stayed quiet ahead of the seven nation economic summit in Munich.

Tokyo Munich

Also Mentioned on This Page

Robert Litan Brookings Institution Ohio State University Banking Committee Bert Ely The Association of Bank Holding Companies U.S Homes Annapolis Historic District Commission Spiderman Roger Moyer Commission Mr. Moyer Histone District Historic Moyer Rebecca Carr Harvard Business School Agais Chicago Carago Board of Trade Nikkei Down Iymenesce Legg Mason Legg Mason Seminars Stock Market Report Financial News Commodity Report Alterna J. BF Legg Mason Wood Walker, Lic W. Patrick St. Frederick Reid Frederick Branch W. Patrick St Home Equity Loan Citizens Savings Bank Maryland Virgie Ation
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