All-Savers Drop Hurts S&L Deposits Amid 1980s Tax Shift
The Federal Home Loan Bank Board reports November saw $1.6 billion more withdrawals than deposits in savings and loans, the eighth of nine months with net withdrawals. All-savers certificates waned after an Oct 1 rush, while S&Ls’ net worth fell $636 million to about $27.9 billion.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Allsavers
S&L’s
Federal Home Loan Bank Board
Henry Wallich
Federal Reserve
Federal Open Market Committee
Anthony Solomon
Savings and Loan Associations
Holiday traffic deaths far below safety council forecast
National Safety Council officials say mild weather and weak economy may have kept Christmas holiday traffic fatalities beneath earlier estimates. Across 6 p.m. Thursday to midnight Sunday, 320 deaths were counted nationally, with California and Florida leading at 32 each and several states reporting none.
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Council
Associated Press
National Safety Council
Alabama
Paula Weiss
Alaska
Idaho
Maine
Montana
Nevada
New Hampshire
North Dakota
Utah
Vermont
Wisconsin
California
Florida
Barbara Carrara
Carrara
Jury selected in coal fraud trial Bluffton Indiana
Opening arguments were set in Wells Circuit Court for the coal securities fraud trial of Alexander Gaus Jr., a Chicago-area man indicted 3 1/2 years ago. Nine women and three men on a 12-person jury were chosen from 35. Gaus, 58, is charged with six counts of unlawful sale of unregistered securities and related fraud. He allegedly swindled about 250000 from investors in Chicago based First Central Holding Corp. with no coal royalties found.
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Bluffton, Ind
Chicago
Wells
Alexander Gaus Jr
Gaus
Wells County
Arlington Heights
First Central Holding Corp
Indiana
State Securities Commission
Leviticus
Dinosaur hunt yields mostly blurry Congo photos
Los Angeles AP reports Herman and Kia Regusters trekked two months into the Congolese jungle in search of the legendary creature mokelembembe. A single exposed photo was all they captured and sent to an aerospace firm for restoration, with the couple claiming they saw the creature several times.
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Los Angeles
Africa
Herman
Kia
John Sack
Mokelembembe
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