Schultz urges Israel to begin West Bank pullout
Secretary of State George P. Schultz calls on Israel to start a partial withdrawal from the West Bank to honor UN resolution 242 and permit Palestinian input in governing, while Weinberger discusses a broader peace plan behind secure borders.
MENTIONED IN THIS ARTICLE
Gene Grabowsk
Associated Press
Washington
George P. Schultz
Israel
West Bank
United Nations
Middle East
Beirut
Shultz
NBC
Meet the Press
Camp David
Defense
Caspar Weinberger
United States
Mideast
Weinberger
CBS
Gaza Strip
Egypt
Reagan
Lebanon
Menachem Begin
Bank fails by Sally Jacobsen in Penn Square collapse
Federal regulators report that more than half of credit unions with uninsured deposits above the FDIC limit in Penn Square Bank losses span eight states. NCUA data shows 71 of 132 insured credit unions with uninsured deposits are in California, Oklahoma, Missouri, New York, Florida, Michigan, Kansas, and Indiana. The agency will not release specific names or amounts. Regulators say no credit union has suffered losses or claims against the insurance fund, though uninsured deposits will be in receivership. Penn Square Bank in Oklahoma City collapsed after funneling loans to oil firms. FDIC took over the bank.
MENTIONED IN THIS ARTICLE
Sally Jacobsen
Associated Press
Washington
Oklahoma
Penn Square Bank
California
Missouri
New York
Florida
Michigan
Kansas
Indiana
National Credit Union Administration
House Subcommittee On Commerce, Consumer and Monetary Affairs
States
District of Columbia
Federal Deposit Insurance Corp
Credit Union Administration
Penn Square
Oklahoma City
Bill brews battle over distribution
Washington AP report on a proposal dubbed the beer baron bill granting exclusive territorial rights to beer distributors. Opponents fear a 20 percent rise in six pack prices. The measure faces hurdles in both chambers and may be shelved before the November election. Senate aides caution it is “bottled up” with uncertain floor action. Reagan administration backs the effort. FTC officials have testified against it.
MENTIONED IN THIS ARTICLE
James H. Rubin
Associated Press
Washington
Bill
Congress
Senate
House
Pty Trade Commission
Judiciary Committee
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George Schultz
Wendell Sebastian
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Credit Union Insurance Fund
Senate Judiciary Committee
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Pr Vee Ee Te Rong
Pt As
Aya Ai Maa
EMSS
E. Eighth
W. County Rd
Andrews Highway
Niki Lu
M.L
Kosa-Tv
Texas
Lu Ann Caughey
U.S.A
Damon Lopez-Florez
Mexico
Kim Tomes
S.M