Maryland S&L Crisis Deepens With FSLIC Steps
Maryland faced a broad S&L crisis as Old Court and Merritt, both Baltimore assets, enter court conservatorship while others like Chevy Chase and Second National seek FSLIC insurance. The state moved to MDIC as a stopgap, setting liquidity rules and deadlines for all 102 state thrifts to join FSLIC by July 1, 1989, or risk liquidation or sale.
MENTIONED IN THIS ARTICLE
Maryland
Savings and Loan Associations
Old Court
Merritt
Baltimore
Chevy Chase
Second National
Wicomico County
Federal Savings and Loan Insurance Corporation
FSLIC
Harry Hughes
Custom Saving Association of Baltimore
Baltimore County Savings and Loan
The
Laurel Building Association of
Prince George’s County
Federal
Federal Home Loan Bank Board
FSTIC
Government Services
General Assembly
Maryland Savings Share Insurance Corporation
MSSIC
Federal Reserve
S&ls
State of Maryland Deposit Insurance Fund Corporation
Smdifc
MDIC
Department of Licensing and Regulation
Fred Dewberry
Department
Fors
Dewberry
John Hanson
Community Savings and Loan
FASB
National Bank Accounting Association
Connecticut
Hughes
S&L’s
Oman’s unseen ally: Sultan Qabus and U.S. ties
The Oman ruler Sultan Qabus bin Said, famed for modernization, backs the United States in pivotal Arab Gulf matters. Oman aided Camp David support and hosts key American bases, despite Saudi pressure and a past bribery offer. Timothy Landon, his Sandhurst ally, helped shape relations, though his role waned amid contracting controversies.
MENTIONED IN THIS ARTICLE
Washington
United States
Sultan Qabus bin Said
Oman
Arabian Peninsula
Muscat
U.S
Camp David
Israel
Egypt
America
Qabus
Sandhurst
Sultan Taimur bin Said
Timothy Landon
Dhofar
South Yemen
Iran
Persian Gulf
Petrodollars
Sultan
Reagan
Landon
America must act to end child poverty and invest in futures
A News Service analysis cites congressional studies showing 20 percent of U.S. children live in poverty, with nearly half of black children poor and two thirds of poor children white. It urges inflation indexed benefits, work programs, tax relief for the poor, and teen pregnancy programs to lift 14 million children and end cycles of hardship.
MENTIONED IN THIS ARTICLE
America
Sacred cows on the range in Western budget fights
Western lawmakers and residents push back against Reagan budget cuts, defending federal support for grazing, power, timber, and rural programs. The piece traces opposition led by McClure and allies, contrasts self-reliance with subsidy dependence, and notes low grazing fees and land privatization battles.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Sens
Mark Hatfield
James McClure
Robert Packwood
Amtrak
Maxine Albers
Colorado
Idsho
McClure
Energy and Natural Resources Committee
Sen
Malcolm Wallop
Wyoming
Morris Udall
Arizona
John Seiberling
Ohio
West
Idaho
Department of Interior
Robert Nelson
Interior Department
Daniel
Nancy Ferguson
Maverick Publications
OMB
Maryland
Walkersville playground to open with Epworth League events
Epworth League of Walkersville plans a summer opening at the Walkersville playground with a plate supper, ice cream, cake and lemonade, a novelty booth, and a community band. Projection of a "Magic Brain" RCA display and a Fredrick store event accompanies the celebration.
MENTIONED IN THIS ARTICLE
Walkersville
Epworth League of
MLB. Church
RCA Victor
Hlf. Shipley
Also Mentioned on This Page
George G. Delaplaine Jr
S&l
Bob Reid
Tom Mills
Frederick, Md
Oises
REDGN
Hter
Jack Anderson
By Jack Anderson and
Dale van Atta
CLA
Riyadh
John E. Jacob
Save
Doug Daliduw
By Doug Bandow
Copley News Service
Cato Institute
News-Post
Michael Peregoff
Superior Meat Market
E. Patrick St
Peregoff
Frederick
Harry Peach
William Hood
Barthelows
Robert P. Marendt
Frederick Fairgrounds
Jack Price
Westminster
Damascus High School
PTA
Leonard Mullinix
Jones Griffin
Wandering Knights
Julia Mayer School of Dance
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