FBI Chief Calls for Battle on Hostage Bank Robberies
FBI Director J Edgar Hoover urged a continuous coordinated campaign to deter hostage taking in bank robberies. He noted increased use of security devices but said criminals still seize hostages and threaten lives, calling for flexible banking routines and quick warning systems to protect employees and hostages.
MENTIONED IN THIS ARTICLE
FBI
Washington
J. Edgar Hoover
Hoover
Tonver
PRY
FBY
Robery
Fannie Mae to verify no kickbacks at real estate closings
FNMA will require lenders to prove no kickbacks or illegal fees were collected at closing. The move aligns with Housing and Urban Development rules to curb closing costs. Sellers of mortgages must certify a clear itemized closing statement was provided before closing.
MENTIONED IN THIS ARTICLE
Washington
Peaval National Mortgage Association
Housing and Urban Development Department
FNMA
Fannie Mas
Rate hikes spur shift to natural gas in electric sector
Senator Lee Metcalf cites falling federal taxes on electric utilities and urges the Price Commission to convert some rate increase requests into larger use of natural gas. He notes taxes dropped from 14.7 to 7 percent of revenue over 15 years.
MENTIONED IN THIS ARTICLE
Washington
Lee Metcalf
D-Mont
Metcalf
Commission
C. Jackson Grayson
Lockheed still hopeful on British BEA BOAC order
A Lockheed spokesman said BEA and BOAC may still buy the $14 million Tristar jetliners. He denied BEA rejected the offer and said Lockheed had received a written request for an extension. The company seeks to keep the deal alive despite past engine cost problems.
MENTIONED IN THIS ARTICLE
Lockheed Aircraft Corp
British European Airways
British Overseas Airways Corp
William Wilson
Los Angeles
London
BEA
Lockheed
Wilson
D. J. Haughton
BUA
BOAC
British Airways Board
Pay Board denies small firm wage hikes, AFL-CIO says
An AFL-CIO economist says the Pay Board is denying legitimate wage increases in smaller contracts under 1,000 workers while larger settlements receive hearings. He cites aerospace unions suing the board as evidence of unequal treatment and warns about weak price controls alongside wage rigidity.
MENTIONED IN THIS ARTICLE
Washington
Aflcio
Rudolph Oswald
Oswald
Aerospace Workers
United Auto Workers
Afl-Cio International Association of Machinists and Aerospace Workers
Finance firm to end bias in lending practices
The nation's largest consumer finance company agreed to a court order to provide equal borrowing opportunities to minorities and to hire more women and non whites. Attorney General John N. Mitchell announced the settlement in a consent decree filed with a justice department suit against Household Finance Corp. in U.S. District Court in Chicago.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
John N. Mitchell
Ale Ai
Byt Justice Department
Household Finance Corp
U.S
Distriot Court
Chicago
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Hank
The
Govermmient
Rod Ins
Southern California
South Coast Plaza
Costa Mesa
Lakewood
Anaheim
City Centre del Amo
Wilshire
Topanga
Santa Monica
Montclair
Santa Barbara
San Diego
Federal
Internal Revenue Service
California
Great Western Savings Office
Free Financial Services
Yiato
Iwo
GREAT _WESTERN SAVINGS Insured
Associations OF Great Western Financial Corpora
Great Western Savings and Loam Association OF
Long Beach
Belmont Shore
Second St
Downtown
Long Beach Blvd
Spring St
Great Western Savings and Loan
Santa Ana
Lakewood Blvd
Seal Beach
Leisure World
Westminster Blvd
Buena Park
Stanton
Bellflower
Bellflower Blvd
Laguna Hills
el Toro Road
Loo
South Bay
Torrance
Hawthorne
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