Ex Lamar owner proclaims innocence in S&L collapse
Stanley E. Adams Jr. and four other Lamar Savings officers face a 14 count indictment alleging misapplication of 121.1 million dollars. Adams, a former Democratic gubernatorial hopeful, says bankers nationwide should be indicted if he is. Prosecutors and officials call Lamar one of the Southwest's worst S&L failures.
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S&l
Moon
Lamar
Washington
Richard Thornburgh
Southwest
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Novak
Federal Deposit Insurance Corp
Spinning and weaving Wool a Fun Hobby for Henderson Couple
Ken and Grayce Aggen raise a 33-sheep flock on 25 rural Henderson acres. The 250 pound Plain ram leads the herd, roars when named, while Grayce learned weaving in a three day class and now produces decorator throws, pillows and garments. The Aggens card, spin, and weave wool into garments for family and friends, tying modern hobby to ancient craft with references to Rumpelstiltskin.
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Grayce
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East Texas
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Longview
Comanche Peak Nuclear Plant Shuts Down After Valve Malfunction
GLEN ROSE AP Comanche Peak nuclear plant halted 40 minutes after starting on Wednesday marking the fourth unplanned shutdown since April. Regulators had just allowed restart after a two week gap. Plant officials said a water valve closed, reducing generator water and triggering automatic shutdown. Earlier shutdowns occurred April 22 May 9 and May 27, not considered emergencies.
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Glen Rose
Comanche Peak
Ee Regulatory Commission
Mark Monroe
TV Electric
Manroe
Bullock returns funds from two political committees
Democratic lieutenant governor candidate Bob Bullock says he has returned more than $13,000 to two PACs that also contributed to his Republican rival Rob Mosbacher. He aims to curb PACs funding both candidates and says the move is to keep race costs down.
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Houston Chronicle
Houston
Baker & Botts Vinson & Elkins
Joe Bill Watkins
Vinson & Elkins
Republcan
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