Reagan Heads to Summit with Optimism in Williamsburg
President Reagan arrived in Williamsburg Virginia for a three day economic summit focusing on protectionism unemployment and a durable non infl ationary recovery. He said the talks would stress unity cooperation and the psychological factor in investment while noting signs of recovery and a shared goal of resisting protectionism.
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Williamsburg
Reagan
U.S
Virginia
White House
Yasuhiro Nakasone
Japan
Nakasone
Tennessee banks sold in largest banking failure in 50 years
Five Tennessee banks declared insolvent by the state banking commissioner were purchased by three other Tennessee banks. FDIC chair William Isaac said all 40 branches will reopen Tuesday under new management with no depositor losses. FDIC advances 402.1 million cash to aid the purchases.
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Tennessee
William Isaac
Federal Deposit Insurance Corp
UAB
Knoxville
Jake Butcher
C.W. Butcher
Butcher Brothers
FDIC
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