Oil firms pick up tab for families
Oil companies in Houston California and Louisiana agreed to pay six hostage families' salaries after OGE Drilling Co. could not meet debts tied to Kuwait Oil Co. The move, organized by Plains Resources Inc. president Patrick Collins, aims to ease financial hardship amid the Iraq invasion. Donnita Cole of Odessa praised the aid, calling oil field workers their guardians.
MENTIONED IN THIS ARTICLE
Houston
Ifornia
Louisiana
OGE Drilling Co
Patrick Collins
Plains Resources Inc
Collins
OGE
Kuwait
Kuwait Oil Co
Ghey
S&L crisis hits home in Colorado Springs area
In Crete Springs and across the region the savings and loan crisis hits Main Street. Three of six local S&Ls failed this year, two were sold and one shut down. Repossessed properties rise as buyers struggle with tighter lending and higher mortgages. Government estimates place about 2,200 single family houses at risk or repossessed in the area.
MENTIONED IN THIS ARTICLE
Colorado Springs
Colo
Crete Springs
S&l
National Association of Home Builders
Dean Crist
Main Street
Teeings
S&ls
Roe Sed
Liberian President Samuel Doe Wounded and Captured in Monrovia
Rebels led by Prince Johnson shot and captured Liberian President Samuel Doe in Monrovia. Dozens of bodyguards and more than 60 people died in the clash outside a West African task force headquarters. Doe was wounded in both legs and taken to the rebels base, while Johnson declared himself interim president as fighting continued amid regional intervention.
MENTIONED IN THIS ARTICLE
Abidjan
Ivory Coast
Samuel Doe
British Broadcasting Corp
U.S. State Department
Doe
Prince Johnson
Johnson
BBC
Monrovia
Liberia
Arnold Quainoo
Ghana
Charles
National Patriotic Front
Taylor
Summit yields united stance against Iraq invasion
In Helsinki Bush and Gorbachev condemned Iraq's invasion of Kuwait after a seven hour summit. They vowed that aggression cannot pay and signaled readiness to consider additional measures if sanctions fail while avoiding explicit military commitments. Bush expressed optimism over Soviet alignment and pledged further talks later this year.
MENTIONED IN THIS ARTICLE
Helsinki
Finland
Bush
Mikhail S. Gorbachev
Iraq
Kuwait
Saddam Hussein
Gorbachev
Soviet Union
Air Force One
Saddam
United States
INA
Palesti
U.S
Congress
Also Mentioned on This Page
Brandon Mobley
Gay Mobley
Laura Barnes
Sherwood Park
The
Odessa American
Leslie Renken
Pilot Club
S&l Crisis
Main
Inside
Abby
Sampras
Agassi
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