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Odessa American in Odessa, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Sep 25, 1990

Page

3

Floods force town to take the high road

ENGLISH Ind AP Floods push the town of 650 to move most of Main Street including the library bank and 30 businesses. A hillside downtown a mile away will replace 70 structures with a planned $6 million relocation funded by state and federal agencies.

Tony Pappano Pappano

Americans fail test of consumer smarts

The Consumer Federation of America tested 1,139 people in seven states and found only 54 percent of questions answered correctly. The study, funded by TRW Foundation and conducted by ETS, showed low scores on housing, banking, food purchases and life insurance with the less educated and minorities scoring under 50 percent.

Washington Consumer Federation of America Stephen Brobeck Federation Michael van Buskirk TRW Foundation Brobeck

Bush faces public hearing on charges against Neil Bush

Neil Bush, son of President Bush, appears before an administrative law judge in Denver for a rare public hearing that could bar him from banking work. Regulators accuse him of conflict of interest linked to Silverado Banking, Savings and Loan Association and failure to disclose ties to developers Good and Walters. The proceeding, a mix of testimony and cross-examinations, is expected to run through much of the week with a ruling not until spring.

Washington Bush Neil Denver Silverado Banking, Savings and Loan Association Office of Thrift Supervision OTS Silverado Kenneth M. Good Bill L. Walters S&l James Nesland Nesland Daniel J. Davidson

Texas sees S and L crisis lack political pop on campaign trail

Washington reports the savings and loan crisis hits Texas hardest yet draws little voter focus. Analysts note Texans feel insulated as many lack investments, while candidates claim crisscross blame. Governors races feature no robust S and L issue amid broad frustration with political blame.

Washington Savings and Loan Texas Richard Murray University of Houston James Dyer Texas A&m Public Policy Research Laboratory Juan Hinojosa University of Texas-Pan American Anne Richards Clayton Williams S&l Hugh Palmer Phil Gramm Gramm Bush Reagan Murray Capitol Hill Congress

Also Mentioned on This Page

Main Street John Merrilees S&l Crisis Tommy Davis N. Grant Visa -MC Discover Amex NCNB FDIC Ncnb Corporation Odessa Grant Street Midland West Wall Street Garfield
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