Ashley aids Neil Bush amid S&L probes and political fire
Former Rep. Thomas L. Ashley says he has advised Neil Bush as a trusted friend not at the president's request. Democrats push for a special prosecutor over the Silverado S&L collapse, while Foley rebukes Rollins amid a heated S&L crisis backdrop.
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Washington
Thomas L. Ashley
Neil Bush
President Bush
Justice Department
Denver
Rollins
Patricia Schroeder
Dcolo
Judiciary Committee
Dick Thornburgh
S&l
Thornburgh
Congress
Silverado Banking, Savings and Loan
Ashley
Ohio
Neil
Denver Post
George Bush
Yale
Bush
Office of Thrift Supervision
Ashley Said
Weekend Market Report highlights commodity and stock gains
Gold futures rose on the New York Commodity Exchange amid hopes for easing rates, with August delivery at 365.70 an ounce. Crude and other futures showed mixed moves while stock indexes climbed, crossing near 3,000 on the Dow before retreating, as Greenspan signaled potential credit easing. Major movers included IBM, GE, Merck, Lilly, and Motel 6 as the market posted broad advances.
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New York
Commodity Exchange
New York Mercantile Exchange
West Texas
Chicago Board of Trade
Chicago Mercantile Exchange
Wall Street
Selecting a trusted investment adviser
Financial Focus urges careful choice of broker or planner by checking honesty, best interests, credentials, and references. Compare aims with safety, income, or growth, then plan based on personality and life stage. Investment counsel involves advising and supervisory services from firms like E.D. Jones & Co.
MENTIONED IN THIS ARTICLE
Bob Upton
Keith Johnson
E.D. Jones & Co
Inflation trends and June price shifts in 1990 data
June wholesale prices rose 0.2 percent led by autos and tobacco while excluding food and energy core prices rose 0.6 percent, the steepest in a year. Retail sales increased 0.5 percent as the market tolerated mixed inflation signals and Greenspan floated a possible rate cut.
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Washington
Ing
Quayle urges Democrats to propose spending cuts in tax talks
In Chicago Dan Quayle pressed Republicans to blame Democrats for not offering spending cuts as Bush shifts from no tax pledge to deficit talks. He framed the tax switch as bold leadership while urging Democrats to propose concrete spending cuts to move negotiations forward.
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Chicago
Dan Quayle
GOP
Bush
Quayle
Republican National Committee
America
S&l
Reagan
Senate panel wraps defense bill with troop cuts and SDI tweak
The Senate Armed Services Committee approved a 289 billion defense bill cutting U.S. troops in Europe by 50,000 to 261,855 by Sept. 30, 1991 and trimming Bush’s $307 billion request. The measure endorses the B-2 stealth bomber, cuts the MX rail-garrison nuclear missiles program, and delays C-17 production amid broader post Cold War shifts. Amendments to the SDI figure are expected in the full Senate.
MENTIONED IN THIS ARTICLE
Washington
Senate
Anmed Services Committee
U.S
Europe
Bush
Committee
Sam Nunn
D-Ga
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