Regulating Illinois Utilities Faces Changing Market
Deregulation and new technology are shrinking rural bus routes and pressuring utilities. Regulators consider revamping the Public Utility Act to fit competition, with Sunsets panel and Commerce Commission eyeing flexible strategies to curb costs while expanding joint planning among providers, consumers, and large users.
MENTIONED IN THIS ARTICLE
Don Levener
Springfield
Illinois
Philip O’connor
The
Illinois Commerce Commission
Illnois
General Assembly
Commerce Commission
Greg Busch
Sunset
Busch
O’connor
Archer Daniels Midland Co
Decatur
Illinois Power Co
Ilinois Power
Illinois Bell
Damental
Sunset Committee
Ayatollah
Iowa-Illinois Gas and Electric Co
FSLIC faces extra charges on thrifts to bolster fund
Washington reports the Federal Home Loan Bank Board plans a possible extra thrift assessment up to 1 billion dollars to shore up FSLIC resources hit by 1984 losses. The proposal would add one eighth of 1 percent to insured deposits, atop existing charges, despite concerns it may strain cash at struggling thrifts.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Federal Home Loan Bank Board
Federal Savings and Loan Insurance Corp
Savings and Loan
Edwin J. Gray
Gray
Federal Home Loan
Mary A. Grigsby
Donald I. Hovde
FSLIC
Congress
Treasury
San Marino Savings and Loan
San Marino
Calif
Empire Savings and Loan
Mesquite
Texas
Federal Deposit Insurance Corp
FDIC
William M. Isaac
S&L official questions FSLIC fund use
Barbara Schauwecker of Home Federal Savings & Loan in Carbondale urges Congress to review FSLIC regulatory oversight and how premiums fund bailouts. She notes a merger boosted bank competitiveness and questions misused premiums while asserting small local impact but broad system costs. Industry leaders vary on increases with some fearing higher costs and others supporting more reserves.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Southern Illinois
Area Savings and Loans
FSLIC
Barbara Schauwecker
Sen
Paul Simon
D-Makanda
Illinois
Savings and Loan
Glenn Coffey
Heritage Federal Savings & Loan of
Sparta
Local Professionals Earn Promotions and New Posts
John D. Purcell of Murphysboro named branch manager at Thomson McKinnon Securities Carbondale office. Kathryn A. Schwartz joins Diederich Insurance and Real Estate Gallery of Homes in Carbondale as sales associate. James Truran earns honorable mention in Franklin Life Centurion Club for October sales. William D. Smallwood named CPA of the Year by Illinois CPA Society Southern Chapter. Adella O. Kline joins Stiles Office Equipment sales team. Dusty Vaughn becomes service manager at The Workshop Elkville with new muffler shop services.
MENTIONED IN THIS ARTICLE
John D. Purcell
Murphysboro
Carbondale
Thomson McKinnon Securities, Inc
Purcell
Southern Illinois University-Carbondale
Memphis State University
Thomson McKinnon
New York
U.S
Kathryn A. Schwartz
Diederich Insurance and Real Estate
Gallery of Homes
Southern Illinois University-Car- Schwartzbondale
Schwartz
Lewis and Clark Community College
Godfrey
James Truran
Marion
Franklin Life Insurance Co
Springfield
Centurion Club
Truran
William D. Smallwood
Centralia
Smallwood and Scheriger
CPA
Southern
Illinois Cpa Society
Adella O. Kline
Stiles Office Equipment
Lanier
Stiles
Kline
Southern Illinois
Southern Ilinois University-Carbondale
Lanier Training Center
Atlanta
Dusty Vaughn
Elkville
Auto Sales and Service
Vaughn
Westphal Dermatology Opens New Carbondale Office
Mark L. Westphal MD Ltd opened a new dermatology office at Lake Road and Illinois 13, one mile west of Carbondale. Specializing in diseases and cancer of the skin, it operates by appointment from 8 a.m. to 5 p.m. Monday through Friday. contact 549-0841.
MENTIONED IN THIS ARTICLE
Mark L. Westphal
M.D., Ltd
Lake Road
Illinois 13
Carbondale
Also Mentioned on This Page
Northwestern University
Evanston
Illinois Bell Co
Egyptian Electric Co-op
Lake of Egypt
Southern Illinoisan
John McCutchen
S&l
Garth Marston
Provident Institution For Savings
Boston
Marston
George Hane
National Council of Savings Institutions
Bank
People Awards
Smallwood
Centralia Chamber of Commerce
United Way Campaign
Jaycees
CPA Organization
Red Cross
Little Egypt
Westphal
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