Republicans Threaten S&L Bailout Debate Shift
GOP leaders warn the $143 billion Bush S&L rescue package could trigger a broad attack on Democrats. Newt Gingrich and others say ethics probes and a Brooks Jackson book may be invoked to frame the crisis, as Bush faces tax cost criticisms while FSLIC insolvency looms.
MENTIONED IN THIS ARTICLE
Washington
House
Savings and Loan
Bush
S&l
GOP
Newt Gingrich
Georgia
Gingrich
Marcy Kaptur
Ohio
United Auto Workers
Upton
Mr. Bush
Tom
George Bush
Republian Party
Ethics Committee
Richard J. Phelan
Mr. Wright
Texas S&ls
FSLIC
Congress
Coelho
Texas
California
Thomas S. Foley
D-Wash
Small Businesses Push Back On Postal Rate Hikes
Small business groups led by the SBLC urge the Postal Service to curb rate increases and develop a local rate option for third class mail. They warn against unfair competition from nonprofit mailers and seek cost saving measures, including reduced address labeling and affordable services.
MENTIONED IN THIS ARTICLE
U. S. Postal Service
Small Business Legislative Council
Alliance of Independent Store Owners
SBLC
Postal Service
The
Eaglehead to become Westwinds State and $7.5M housing plan
Eaglehead will be renamed Westwinds State as owner John Forstman plans a new country club clubhouse tennis courts and pool and four builders will construct luxury homes around the course. Separately Maryland formed a $7.5 million Housing Equity Fund with five Maryland corporations and two federal agencies to rehab or build low income housing using federal tax credits. The program aims for 300 to 400 units and hinges on renewed tax credits.
MENTIONED IN THIS ARTICLE
Eaglehead Country Club
Westwinds Country Club
John Forstman
Forstman
Annapolis
Maryland
Schaefer
Enterprise Social Investment Corp
James Rouse
Enterprise Foundation
Mark Sissman
Investment Corporation
Federal Home Loan Mortgage Corp
Federal National Mortgage Association
Maryland National Bank
Bank of Baltimore
Alex Brown & Sons
1St National Bank of Maryland
Ryland Group
Sissman
Congress
Bush
Mack Plans E7 Engine Debut at Hagerstown Facility
Mack Trucks Inc announces a press conference at its Hagerstown Powertrain Operations plant to unveil the E7 heavy duty diesel engine. The 12 liter, six cylinder design promises better fuel economy and power to weight ratio, meeting 1991 US emissions standards with single certification for all 50 states and Canada. Pilot production began in October of 1988 and from July to December 1990 E7 and E6 will run concurrently before E6 is phased out due to updated emissions rules.
MENTIONED IN THIS ARTICLE
Hagerstown
Prnewswire
Mack Trucks Inc
Terry L. Warmkessel
Mack
States
Canada
Market gains extend rally amid takeover chatter
U S stock markets rose with the Dow adding 4.59 to 2516.91 as volume neared 213 million on the NYSE. The NASDAQ and Amex posted gains while S&P indices mixed as investors priced takeover rumors and easing rates. In Maryland, Bob Mitchell will address the Frederick County Builders Association on May 21 at the Sheraton Inn Frederick with dinner and social hour.
MENTIONED IN THIS ARTICLE
NEW York
Dow
American Stock Exchange
Wilshire Associates
NYSE
Bob Mitchell
Maryland Builders Association
National Association of Home Builders
Frederick County Builders Association
Sheraton Inn-Frederick
Chamber breakfast set with U S Chamber speaker in Frederick
The Governmental Affairs Committee of the Frederick County Chamber of Commerce will meet from 7 20 to 9 a m on Wednesday June M at the Sheraton Inn Frederick. Speaker is Robert Martin director of employee relations policy center at the U S Chamber of Commerce. Reservations 6624164.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Frederick County
Sheraton Inn-Frederick
Robert Martin
U.S. Chamber of Commerce
Cumberland Valley
National Association of Women In Construction
Venice Inn
Hagerstown
Carol Kline
Washington County
Elaine Quinn
BPW
Frederick
Master Technicians Litten and Bard Earn Top Awards
Master technicians Melvin Litten and Lauren Bard have earned Master Technician status from major manufacturers. Litten, a 12 year technician, received the Oldsmobile General Motors Master Technician Award after completing extensive training and a comprehensive exam. Bard, a 23 year veteran, earned Nissan Motor Corp USA Master Technician Award after completing all Nissan training courses.
MENTIONED IN THIS ARTICLE
Melvin Litten
Lauren Bard
Mr. Litten
Oldsmobile General Motors
Mr. Bard
Nissan Motor Corp
U.S.A
Nissan
Grain futures and livestock market and notices
Grain futures on the Chicago Board of Trade show varied prices for wheat and corn with wed sales figures and open interest. Livestock quotes from Omaha include hogs cattle and calves with price ranges and market notes. Local meetings announced by the Cumberland Valley Chapter NAWC and the Frederick BPW Club outline June programs and reservations.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
S.A
Omaha
Neb
Orabo
U.S
Also Mentioned on This Page
Federal Savings and Loan Insurance Corp
S&ls
Mr. Jackson
Tony Coelho
By Robert Dietsch
Scripps Howard News Service
Eaglehead
Westwinds State
Seddlebrook
Martens-Edwards
Greber Corp
Tandy Corp
Mr. Forsman
Westridge
U.S. West
Westview
MD. 85
Ron Hermes
Noland Report
Noland Co
Preston
Preston Corp
Wedottall
Iestate
Ansper
Ed Waters Jr
Sul
Gibbes Wed
Omaha Livestock
Woodsboro
Olstein
Courtesy Woods
Abe Wed
Ock Sales
Frederick County National Bank
Money Market
Market St
Opossumtown Pl
West Patrick St
Rosemont Ave
Buckeystown
East Patrick St
FDIC
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