Lance bank enforcement deal tied to Carter briefing study
The story details how Justice Department and IRS records show a December enforcement agreement at Calhoun First National Bank, involving Lance, his wife, and relatives. Officials testified about briefing President Carter through November and December, with Bloom admitting concerns over his career and not sharing certain details with Carter.
MENTIONED IN THIS ARTICLE
Lance
Justice Department
Bell
Bloom
Senate
Calhoun First National Bank
Calhoun
Carter
Iis
Jody Powell
FBI
Treasury
Criminal Fraud Division
Considera Mb Ie
The
Calhoun Bank
Nan Enternal Revenue Service
John Moore Jr
Atlanta
TRS
Moore
Sayig
IRS
Burns open to new controls on bankers amid caution
Federal Reserve Chair Arthur Burns says he has an open mind on possible banking controls but warns against rushed legislation. Hearings loom on tighter supervision after alleged abuses by Lance, head of the OMB, as Burns presses for clearer enforcement powers and notes generally high banking standards. A ABA president cites uneven policies on overdrafts, with most banks disciplining officers for overdrafts, while some banks show looser rules. Burns urges orderly direction to protect national and banking interests.
MENTIONED IN THIS ARTICLE
Washington
Arthur F. Huras
Federal Reserve Board
Congress
Bert Lynee
Burns
Lance
Office of Management and Budget
Kentucky Bankers Association
Louisville
Fed
American Bankers Association
Atlanta
Board of Directors
Milligan
Kentucky
Savings and Loan
Kidnaped Coed Says She Was Treated Well
Maryville college student Annette Adams, 19, abducted after leaving Vanderbilt, told reporters she was treated well during a 25 hour captivity in North Carolina. Suspects Shelby Ann Baker and Wayne Garrity, both of Statesville, NC, were arrested in Charlotte to face kidnapping charges and eventual transfer to Tennessee. Federal officials said a ransom of about 148,000 was recovered after the escape and car trace.
MENTIONED IN THIS ARTICLE
FBI
Shelby Ann Parker
Wayne Edward Garrity
Charlotte
N.C
Vanderbilt University
Annette Adams
Maryville
North Carolina
Tennessee
Fishville
Miss Adams
WC. Adams
Bank of Maryville
Mardin
Nolice
Arcested
Shelby Ann Baker
Statesville
Stalay
Garrity
Miss Baker
Nashville
Nenge
Fter
Morganton
Polie
Ssiss Adams
Knoxville
Tenn
Balloonists attempt Atlantic crossing in two craft
Two balloonists Ben Abruzzo and Maul Ettinger lifted off from Marshfield Mass aiming for a three day Atlantic crossing toward the region between Norway and Great Britain. The US Air Force dispatched a rescue helicopter and patrol plane tracked the balloons as fuel ran low.
MENTIONED IN THIS ARTICLE
Carter
US Air Force
West Germany
Washington
Air Force
Ramstein
Feeland
Ben L. Abruzzo
Maul L. Arxtorson
Marshfield
Mass
Boston
Norway
Great Britain
France
Teacher contract talks break down in Santa Maria
In Santa Maria, negotiations between the Santa Maria Joint Union High School District and the Santa Maria High School District Faculty Association collapsed after marathon weekend talks. Teachers threaten to walk off next Monday. A mediated session is set for next Sunday. The district’s negotiator refused to resume talks until then. CA Teachers Association spokeswoman Milly Bettinger noted no written contract has ever existed.
MENTIONED IN THIS ARTICLE
Santa Maria
Gas price deregulation plan faces House clash
The House fights Carter energy measures as it resumes work after disposing of minor bills. Aims include raising the minimum wage to 2.65 by Jan 2 and expanding energy standards while keeping the 27.5 mpg fleet rule. Bert Lance faces Senate scrutiny, with calls for resignation. Gas guzzler limits and related taxes move to votes in coming days.
MENTIONED IN THIS ARTICLE
House
Carter
Bert Lance
Lance
Senate
Georgia
Abraham Ribicoff
Dconn
Senate Energy Committee
Henry M. Jackson
D-Wash
Pew
Senate Finance Committee
Also Mentioned on This Page
Mons
Lance Bank
Imi
Lanes
Tarleton
A. A. Milligan
W.C. Adams
Adams
PRY
Atlantic
Charles Percy
R-Ia
Detroit
Mercedes- Benz
United States
Thesian
Cadius
Palmer
Atlantic Ave
Long Beach
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