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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Tokyo
Munich
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Robert Litan
Brookings Institution
Ohio State University
Banking Committee
Bert Ely
The
Association of Bank Holding Companies
U.S Homes
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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