Cal to Recooperate Unowed Bank Funds in California
James Smith comptroller of the currency said he would require banks under his jurisdiction to supply information to California to recover millions of dollars in unclaimed checking and savings accounts the state contends were improperly withheld by banks. Cary reported Bank of America submitted records to the state treasury showing improper withholding.
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James Smith
Eany
Banke
California
Cary
Bank of America
Shire
Lockheed to sell Hollywood Burbank airport property
Lockheed Aircraft Corp says it cannot continue as sponsor of the public airport serving commercial flights. The 610 acre Hollywood Burbank facility valued between 50 and 80 million dollars may be sold to a public agency or another buyer who would continue or terminate airport operations. Airlines such as Pacific Southwest Continental Hughes Air West and Sierra Pacific used the airport which ranks near last among 621 U.S. commercial airports.
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Burbank
Hollywood-Burbank
Lockheed Aircraft Corp
Lockheed
United States
Pacific Southwest Airlines
Continental Airlines
Hughes Air West
Sierra
Pacific Airlines
Mexico attorney general denies torture of prisoners
Mexico's Attorney General Pedro Ojeda Paullada said torture charges against Americans held on drug offenses in Mexican jails are totally groundless. He attributed many illegal border cases to Mexico and touted a 300 percent rise in patrol spending, noting some U.S. officials privately confirm bribe-driven releases. He outlined stricter drug penalties including a new minimum sentence of five years and three months.
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Mexico
Los Angeles
Pedro Ojeda Paullada
United States
Ojeda
Jing
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