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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Sep 22, 1990

Page

9

Foreign money leaving U S as rates rise world wide

The faltering U S economy faces a new drain as rising global interest rates pull funds abroad to chase higher returns. Fed resistance to rate cuts aims to protect the dollar, while finance officials from seven major economies seek a coordinated response amid oil shocks and inflationary pressures from Iraq’s invasion of Kuwait.

Washington U.S America U.S. Myn Lins Res United States Iraq Kuwait Tudsaiy Nicholas Brady Federal Reserve Alan Greenspan Japan West Germany Britain France Italy Canada Brady David Jones Aubrey G. Lanston & Co Europe Fed Lawrence Chimerine Economic Strategy Institute Washington Research Organization Congress International Monetary Fund World Bank David Wy_3 DRI McGraw Hill

Neil Bush named in 200 million S and L suit

Federal regulators filed a 200 million civil suit against Neil Bush and Silverado S&L officers in Denver alleging gross negligence contributed to Silverado's collapse. The FDIC seeks to recover funds for taxpayers as it accuses Bush and insiders of unsafe lending and conflicts of interest amid a decade of mismanagement.

Washington Bush Neil Silverado Banking, Savings and Loan Association Federal Deposit Insurance Corp Denver Silverado FDIC Douglas H. Jones Office of Thrift Supervision W. James Metz Florian Barth Richard Bunehhman Diane Ingels Marjorie Page Richard Vitkus Wise Lewis Mr. Metz Sherman & Howard Ronald Jacobs OTS Timothy Ryan Federal Home Loan Bank Board S&l

Keating bail cut rejected in LA court ruling

Superior Court judge Gary Klausner refused to lower Charles H. Keating’s $5 million bail and sent him back to jail to await arraignment on a 42 count state grand jury indictment. Co-defendants’ bail was reduced. authorities noted liens and angry creditors as risk factors while Keating faces up to 10 years per count.

Los Angeles Charles H. Keating Gary Klausner Keating Lincoln Savings & Loan American Continental Corp Phoenix Lincoln Klausner Judy Wischer American Continental Ray C Fidel Robin S. Symes Stephen Neal Bahamas Neal Lincoln Lavinue & Town Lincoln Bonds Evangeline Ivy Glendale Ira Reimer

Glamourous interior trends showcased by Creative Concepts

Cheryl Cooney of Creative Concepts in Jefferson completed decorating the Province and Chadsworth model homes at Clover Hill II. She emphasizes color to convey glamour with jewel tones and Baroque influence, detailing master suite tapestry and foyer patterns. Cooney, a James Madison University alum and ASID ally, works with Becky Oyhus to ensure personalized, quality service for Ausherman Construction Co. projects and Laurel Ridge at Whittier. Call 473 7814 for information.

Cheryl Cooney Creative Concepts Jefferson Ms. Cooney Province Chadsworth Clover Hill II James Madison University As.1.d Becky Oyhus Ausherman Construction Co Copperfield Deerfield the Estates Clover Hill Ui Laurel Ridge New Whittier Clover Hill 111

Stock Prices Fall Amid Triple Witching Hour On Wall Street

New York stock prices slipped Friday as bank stocks wobbled and trading surged during the quarterly triple witching hour. The Dow fell 5.34 to 2512.38, with decliners leading advancers by 3 to 2. volume rose to 201.05 million on the NYSE and 232.82 million shares nationwide. NYSE composites declined, while NASDAQ and AMEX indexes also dropped.

Wall Street Giant Foods Dow Jones NEW York Gold Kmart Litton Alig Pwr Lawes ATT Loyola Corp Avemco Marriott Baltge Baniec Mercantile Bell Bakshr Moore Corp C&S/Sovran Penney CSX Corp Citizens Bank Sears Standex Comsat Exxon Wash Gs Fedders Whittaker Fcne Corp F&m Bancorp First Bank Frederick Trading Co We Ferris Baker Watts, Inc General Motors

Also Mentioned on This Page

Neil Bush Cirmaffare Design Services Fored Wein WG Twit New York Wilshire Associates NYSE Standard & Poor S&p America Stock Exchange Douree AP Stock Quotes IBM Equitable Federal Suverines Equitable Federal Os Coministiens Fo LM Wheaton Colesville Calverton Laurel Rockville Mount Airy Walkersville Johny Uy Sama Hans Sour Federal Savings Bank Ustomer
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