FBI runs undercover probe to dismantle drug money launderers
The FBI disclosed a two and a half year undercover operation in which agents moved millions in cash to trace the financial side of South Florida’s narcotics trade. 61 suspects, mainly Colombians, were named as arrests began, with $4 million seized and 25 nabbed by Tuesday afternoon.
MENTIONED IN THIS ARTICLE
New York Times
Miami
Federal Bureau of Investigation
South Florida
Bancoshares
Joseph V. Corless
Washington
Roger S. Young
Corless
C.R.V. Associates
Florida
Atlee W. Wampler II
U.S
Southern District of Florida
Continental Bank
Arrebola
California
Justice Department
Reagan urges restoring minimum Social Security benefit
President Reagan signaled support to reinstate the $122 monthly minimum for needy retirees as part of broader Social Security reforms. He defended delaying a cost of living increase to October 1982, warned against harming current beneficiaries, and noted focus would include restoring the minimum while pursuing tax cuts. He also backed conservative social aims but differed on a full Voting Rights Act extension, citing an upcoming study.
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Washington Star
Washington
Reagan
Congress
The
Capitol Hill
White House
Mario Biaggi
D.N
Du Pont Wins Conoco Takeover Bid in $7.4 Billion Deal
Du Pont Co apparently won control of Conoco Inc for 7.4 billion in stock and cash after a fierce takeover battle. Mobil had bid higher but faced antitrust risk and could not block the deal. Du Pont would pay 3.8 billion for 38.7 million Conoco shares in cash and issue 1.7 Du Pont shares per Conoco share.
MENTIONED IN THIS ARTICLE
New York
du Pont Co
Conoco Inc
U.S
du Pont
Mobile Corp
Conoco
Fac
Monsanto Co
Justice Department
Mobil
Consolidation Coal Co
Chemical
Pabst bids to join Schlitz in Milwaukee brewing bid
Pabst Brewing Co. offers to join forces with rival Jos. Schlitz Brewing Co. as Schlitz directors back a takeover bid by G. Heileman Brewing Co. The $588 million offer would boost Pabst to about 17 percent of the U.S. beer market, behind Anheuser-Busch and Miller. Heileman previously bid $494 million for Schlitz.
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Milwaukee
Pabst Brewing Co
Jos. Schlitz Brewing Co
Schlitz
G. Heileman Brewing Co
Pabst
Heileman
United States
Anheuser-Busch Cos. Inc
St. Louis
Miller Brewing Co
la Crosse
Wis
Kirkpatrick Reaffirms Views on Regimes Across Latin America
U S United Nations envoy Jeane Kirkpatrick argues in Buenos Aires that Cuba and the Soviet Union support one party rule and expansionism while defending U S diplomacy with Argentina, Chile, Uruguay and Brazil. She cites concerns over political prisoners in Argentina and outlines distinctions between authoritarian and totalitarian systems based on her Georgetown and Columbia studies.
MENTIONED IN THIS ARTICLE
New York Times
Buenos Aires
Argentina
Jeane J. Kirkpatrick
Latin America
Georgetown University
Cuba
Fidel Castro
Soviet Union
Mount Vernon
Ill
Reagan
Chile
Uruguay
Brazil
Columbia University
Juan Domingo Peron
Last crank phones facing plug pull Bryant Pond Maine
Two Bryant Pond villagers oppose modernization of the last hand crank telephone system in the village. David Perham and Brad Hooper have launched a petition drive to keep dial telephones out, gathering 500 signatures to pressure the new owner, Oxford Telephone and Telegraph Co., to abandon plans.
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Bryant Pond
Maine
Grand River
Iowa
Woodstock
David Perham
Bryant Pond Telephone Co
Telepone
Oxford Telephone and Telegraph Co
Caring rookie fired fatal shot in holdup
Nashville AP report says Joyce Faye Allen a 23 year old rookie on Metro Police on three months on force is called a good officer and very caring by her partner. He described her restraint as she and Terry Coats confronted three men fleeing a grocery store in a weekend robbery. The shooting killed store manager Harry T Walden 37 and left two shoppers wounded. A separate Saturday shooting inside the market also killed Billy Guy Anderson 26. Anderson 30 was charged with murder.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Joyce Faye Allen
Ms. Allen
Metro
Billy Guy Anderson
Terry Coats
Harry T. Walden
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