Walsh named independent counsel for Iran Contra probe
Former judge Lawrence E. Walsh was chosen by a federal judicial panel to lead a wide ranging criminal inquiry into the Iran Contra affair. The 74 year old Oklahoma City jurist will probe covert arms sales to Iran, profit diversions to Nicaraguan rebels, and the entire Contra support network.
MENTIONED IN THIS ARTICLE
Washington
Lawrence E. Walsh
Reagan
Walsh
Oklahoma City
Iran
Vietnam
Justice Department
Eisenhower
U.S
George E
Bush Loses Ground After Iran Contra Scandal
Vice President George Bush faced diminished support among Republicans as the Iran Contra affair resurfaced, hurting his presidential prospects during a stop in Altoona Iowa. He spoke to about 800 graduates and met key Iowa backers, seeking to mend the damage.
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Altoona
Iowa
George Bush
Bush
Iown
Robbery suspect still being sought
A clean-cut man in his 20s robbed a teller at Odessa Savings Association at about 5 p.m. Friday after visiting the branch twice without transaction. He brandished a blue steel pistol, demanded cash, and fled on foot with less than $1,000 in an orange or yellow bag. Police and FBI continued the search.
MENTIONED IN THIS ARTICLE
Odessa Savings and Loan
Odessa Savings Association
42Nd St
Odessa Saving
Dave Baum
Baum
Saving Branch
The
Saving Association
FBI
Tanglewood Lane
Savings and Loan
Odessa police deny link between suspension and deputy chief firing
A police sergeant’s suspension last week is said not to be connected to Deputy Police Chief K R Jones’s firing. Elsewhere, a mobile home fire occurred near Sgt Anthony Calhoun amid a hospital visit for a possible Donnatal overdose and a major federal gambling probe yielded thousands of dollars seized from eight Odessans. Seminole hydrogen sulfide leak near Odessa ruled accidental after a backhoe cut a gas line. In Marfa Presidio County, ranch foreman Billy Dale Stone and his wife Juanita were killed. a ranch hand Shannon Mark Douthit was charged with murder with bond set at 100000. Odessa jobless rate fell to 15.9 percent in November amid labor-force decline.
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Odessa
K.R. Jones
John McAhon
Alan Stewart
Anthony Calhoun
McAhon
Calhoun
Medical Center Hospital
Fire Department
FBI
Department of Public Safety
Ector County
U.S
Seminole
Here
Texas Railroad Commission
Exxon Co
Karl Thiel
RRC
Lubbock
Chillcote
Billy Dale Stone
Juanita
Shannon Mark Douthit
Rick Thompson
Texas Employment Commission
TEC
George Williams
OPEC reaches oil production cut agreement
OPEC members except Iraq join in a deal to cut output to 15.8 million bpd for the first half of 1987, effective Jan 1. Iraq keeps about 1.7 million bpd. total OPEC production around 16 million bpd. Analysts expect prices to rise from $13 to $16 per barrel.
MENTIONED IN THIS ARTICLE
Geneva
OPEC
Iraq
Rilwanu Lukman
Nigeria
Belkacem Nabi
Algeria
Organization of Petroleum Exporting Countries
Lukman
Iran
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By Mike Glover
Associated Press
Odema Savings Association
Marfa — Presidio County
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