Massachusetts Tax Bill Expands to Services Across Economy
Massachusetts moves to close a $1 billion deficit with a 594 item service tax expansion. Professions from palm readers to background music firms face 5 percent sales taxes, while Gov. Dukakis seeks a court ruling on constitutionality before signing.
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Boston
Massachusetts
Te Wits
David MacNeill
MacNeill
WCRB
Waltham
Stella Davis
Saugus
Davis
Ichael S. Dukakis
Dukakis
Goetz libel suit against Kunstler dismissed in court
NEW YORK AP A judge barred Bernhard Goetz from suing activist lawyer William Kunstler for libel over calling him a walking timebomb and a racist The ruling noted Kunstler's remarks reflected his views in a case brought for Darrell Cabey one of four youths Goetz shot on a subway Goetz white claimed panhandling blaming robbery Cabey paralyzed Goetz jailed 84 months for gun possession The judge also dismissed a 1987 poem libel claim for timeliness.
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New York
Bernhard Goetz
William Kunstler
Goetz
Beatrice Shainswit
Kunstler
Cabey
Darrell Cabey
Regulators prep suit against Neil Bush and Silverado directors
Federal regulators in a $200 million lawsuit accuse Neil Bush and other Silverado Bank directors of negligence in a failed thrift's collapse. FDIC chair Seidman authorized action, though a final decision has not been made. Documents allege Bush violated director duties and engaged in questionable loans to a partner.
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Washington
Bush
Neil
Silverado Banking, Savings and Loan Association of Denver
William Seidman
Federal Deposit Insurance Corp
ABC
FDIC
Alan Whitney
Office of Thrift Supervision
Neil Bush
Silverado
Publi
Denver
Rocky Mountain News
The
S&ls
Whitney
Charles Keating, Jr
Lincoln Savings and Loan
Irvine
Calif
Er Bush
James Nesland
Nesland
Selling bankrupt S&Ls could save taxpayers money
Washington officials push their plan to sell insolvent savings and loan associations before government control ends. RTC aims to find buyers for weak thrifts to reduce taxpayer costs, arguing value falls after failure. Private analysts cautiously back the approach but note the large backlog of insolvent institutions awaiting action.
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S&ls
Washington
Savings and Loan
Resolution Trust Corp
S&l
Office of Thrift Supervision
Robert Litan
Americans urged to avoid travel to Kenya amid unrest
The State Department advised Americans to defer all non essential travel to Kenya due to anti government protests and rioting. While major demonstrations were centered around Nairobi conditions could worsen elsewhere. Those needing to travel were urged to contact the American Embassy for guidance.
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Washington
Kenya
Recee
Uae
Nairobi
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