Chrysler gains broad support for bailout plan
Detroit AP reports banks in Illinois Indiana Texas Missouri and Iran join the loan guarantee program for Chrysler Corp reducing holdouts to two and a German bank. The Chrysler Loan Guarantee Board postponed a $500 million notes issue meeting for a third time as progress prompts a possible early next week closing.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Illinois
Indiana
Texas
Missouri
Iran
American National Bank and Trust Co
Rockford
Bank of the Southwest
Houston
Crestwood Metro Bank
St. Louis
Peoples Trust Bank
Fort Wayne
Bank Tejarat
Chrysler
Washington
Chrysler Loan Guarantee Board
David Knapp
Rockford Bank
Knapp
Rockford Bank Reverses Chrysler Bailout Stand
American National Bank of Rockford, citing divisiveness in the community and safety concerns for staff, reversed its earlier decision and joined the Chrysler creditor bailout. President David W. Knapp cited pressure from officials, suppliers, and creditors, plus a bomb threat, as factors in the shift. UAW Local 1268 had urged a 5,000 member boycott of the bank at the Belvidere Chrysler plant.
MENTIONED IN THIS ARTICLE
Rockford
American National Bank and Trust Co
Krysler Corp
David W. Knapp
Chrysler
Rockford Bank
Knapp
Chrysler Corp
United Auto Workers Union
Norfolk mother charged with murder of 4 daughters
Four sisters aged 2 to 10 were found dead at their home in Norfolk after gunshot and knife wounds. Their 29-year-old mother, Stella Almarez, was arrested on first degree murder charges after a bedside interview at Our Lady of Lourdes Hospital. Police found a .32 revolver and a butcher knife in the house. The husband’s whereabouts were unclear. neighbors described the family as devout and the children as well behaved. Autopsies were to be conducted in Lincoln, with services planned in Trinidad, Colorado.
MENTIONED IN THIS ARTICLE
Norfolk
Neb
James Doolittle
Sacred Heart Catholic Church
Stella Almarez
Our Lady of Lourdes Hospital
James Brenneman
Almarez
Brenneman
Rose Leise
Odelia
Antoinette
Stella Lorraine
Gloria Irene
Lincoln
Trinidad
Cole
Doolittle
Also Mentioned on This Page
Scott City
Kan
New York
Maureen Raichle
Congress
Mark Hamill
Harrison Ford
Carrie Fisher
Billy Dee Williams
Anthony Daniels
David Prowse
Kenny Baker
Peter Mayhew
Frank OZ
Ballantine
RSO
Wwe Lic
Rank Film Lab
Lucashlm Ltd
LFL
Stanley Kubrick
Coatman Crothers
Danny Lloyd
Jan Harlan
W Association
THE
Producer Circle CO
Warner Bos Gn
Warner Communications Company
Warner Bros Inc
Mann Theatres
Fram Corp
Auto Products
Colo
Park Street
Brozek
Ippen
WMCL
Jack Kroll
Newsweek Magazine
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