FDIC Moves as Permian Bank Failures Shake Odessa Area
InterFirst Odessa vice president Leroy Thompson says Hubbard’s loan is past due and the court has placed collateral under its control to prevent disposal. Area bankers warn loans must be collected under federal guidelines. FDIC expands in Midland with about 135 staff, projected 300 to handle liquidations from three failed Permian Basin banks.
MENTIONED IN THIS ARTICLE
Harvey Hubbard
Leroy Thompson
InterFirst Bank Odessa
Hubbard
State District Court
Jerry Carson
Williams
FDIC
Odessa
Midland
Texas Employment Commission
InterFirst
Carson
Isaac
Dallas
Washington, D.C
Star/Adair Seeks Credit Line Reorganization Amid FDIC Pressure
Adair Star/Adair, an Odessa insulation firm with Houston and Grand Junction ties, filed Chapter 11 after failing to meet an FDIC note payment on a line arranged with FNB since 1979. Ignacio Cisneros, 50, said FDIC signaled urgency but offered time to refinance, though management chose reorganization to avoid a risky outcome.
MENTIONED IN THIS ARTICLE
Star/Adair
FNB
FDIC
Ignacio Cisneros
Cisneros
Odessa
Houston
Grand Junction
Colo
NBC
MetroBank
Permian
Austin
Dallas
Permian Basin
Jerry Carson
InterFirst Bank
Carson
Bush cites GOP record at Houston fundraiser
Vice President George Bush told about 700 supporters in Houston that Reaganomics created strong job growth with 3 million returning to work this year and 300,000 per month. He said the unemployment rate is falling, praised patriotism after Grenada, and criticized Mondale’s proposed policies as risky. Bush and Senator Tower spoke at a Harris County GOP fundraiser.
MENTIONED IN THIS ARTICLE
Houston
George Bush
Regan
Bush
Army Reserve Center
Reagan
Walter
Mondale
John Glenn
U.S
Grenada
Chute saves jumper from 2000 foot tower in Missouri City
A man claiming to be veteran climber Skip Stanley leaped from a 2000 foot broadcasting tower and fell hundreds of feet after his first parachute failed. A reserve chute saved him and he landed in a backyard about half a mile from the tower. Authorities obtained a warrant to search the home where he was sheltered by the Ferrises for over two hours before officers took him into custody at 7:15 p.m. A crowd of about 200 cheered. Stanley, also known as David Adcock, previously parachuted from the 68th floor of the 71 story Allied Bank Tower last May and has scaled a building in St. Louis. No charges were announced Sunday night.
MENTIONED IN THIS ARTICLE
Missouri City
Skip Stanley
Dan
Gloria Ferris
Stanley
David Adcock
Allied Bank
St. Louis
Odessa College Receives 1983 GMC Sierra Pickup Donation
Odessa College received a 1983 GMC Sierra Classic one half ton pickup valued at about $11,000 from Lynn Jones of Jones Pontiac. OC Automotive Instructor.
MENTIONED IN THIS ARTICLE
Odessa College
Lynn Jones
Jones Pontiac
Chavez leads MAPA to build interstate Hispanic voting bloc
Fernando Chavez begins as MAPA president pledging an interstate alliance to boost Hispanic influence in the 1984 presidential race. He outlines voter registration efforts and consultations on issues to sway party platforms, with support from California New Mexico and Texas Hispanic leaders.
MENTIONED IN THIS ARTICLE
City OF Commerce
Calif
Fernando Chavez
Chavez
MAPA
United Farm Workers
Cesar Chavez
California
New Mexico
Texas
Daniel Lopez
Anaya
Juan Maldonado
Also Mentioned on This Page
UTPB
Adair
Sakia al
Paasoin
Westclox
Is Mart
al-Mart
WV CT PA Ag
John Tower
Harris County
Republican Party
The
Associated Press
Davis
Hispanic Alliance Envisioned
Tony Anaya
Denver
San Antonio
George Deukmejian
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