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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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