This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 06, 1995
Page
15
In Brussels the Spanish peseta fell 7 percent and the Portuguese escudo 3.5 percent after an EU monetary committee meeting at Spain’s request. The moves come amid ERM turmoil and fears Spain might exit the system, echoed by past exits of the pound and lira.
Money Magazine reports updated asset details from AP wire sources. Changes cover valuations, market shifts, and policy updates affecting investments and financial planning. Authorities urge readers to review terms and monitor ongoing revisions for guidance.
In early 1995 savers favor U.S. stocks and bonds over foreign funds amid global volatility. Despite Mexico’s stock plunge and British bank failure concerns, American markets rally while mutual funds pull from international funds for the first time in over four years. Analysts urge overweighting U.S. equities and bonds.
The Barings collapse, sparked by trader Nick Leeson in Singapore, led to the bank’s bankruptcy after decades of prominence. Leeson gambled with Barings’ own funds, creating losses around a billion dollars and prompting extradition battles, market tremors, and a crisis of controls across the financial world.
Britain's oldest financial house collapse linked to a single operator using a desktop computer. The piece notes rapid electronic transfers, growing market volume, and Greenspan concerns that technology dulls perception of money's value. It cites Nick Leeson's $1 billion loss at Barings as proof of speed and scale.
The text notes rising sophistication in financial markets enabling quicker money transfers between buyers and banks worldwide. It cites increased transaction volumes and highlights the Federal Reserve's role in moving money, illustrating a trend toward faster global settlements.
The GAO says the savings and loan deposit insurance fund is shrinking and may not cover a large failure. The report notes a growing gap between the Bank Insurance Fund and the Savings Association Insurance Fund, risking taxpayer costs. Lawmakers urge action to avoid a thrift crisis like in the 1980s. Great Western plans to convert to a commercial bank to escape higher thrift premiums.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.