PTL Seeks Bankruptcy Protection in SC Chapter 11
PTL faces chaotic mis management under Jim Bakker and files for Chapter 11 in Columbia, listing 179 million in assets and 72 million in debts from 1400 creditors. Jerry Falwell says the move aims to protect assets, continue operations, and reorganize for a more stable future for supporters amid high delinquent debts and looming lawsuits.
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Fort Mill
S.C
PTL Gaid
Jim Bakker
Columbia
Et Jical Empire
U.S
PTL
Roy Grutman
Jerry Falwell
Jerry Nims
PTL scandal haunts Hahn amid public fallout
Hahn faces a web of betrayal and media scrutiny after a seven year-old PTL scandal. She describes isolation at home, calls to Falwell, and financial and emotional strain while awaiting a definitive account of events in Clearwater Beach Florida.
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Mary Erhard
Erhard
Hahn
Bakker
Senate probe follows death of Iranian weapons broker
Senate investigators press two inquiries into Cyrus Hashemi, an Iranian weapons broker who died in London on July 21 amid an arms for hostages operation. Hashemi sought Iran US deals, helped introduce Manucher Ghorbanifar and Adnan Khashoggi, and was a Customs informant in a $2.5 billion sting that led to arrests. The investigation notes possible foul play while the White House shipped weapons to Iran, with a trial slated for October in New York.
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London
Arma Ein
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Om Los Angeles Times
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Cyrus Hashemi
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Tran
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Customs Service
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Mohammed Ali Hashemi
Manucher Ghorbanifar
Adnan Khashoggi
Khashoggi
White House
New York
Abrams receives Reagan backing amid Iran-Contra fallout
Secretary of State George P. Shultz defends Elliott Abrams as a patriotic man with full presidential support while responding to Congress doubts about his capacity. Abrams expresses relief at backing after defiant statements about the Iran-Contra matter. Half the House Democrats urge Abrams to resign per a New York Times report.
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George P. Shultz
Elliott Abrams
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House
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Weather broadcast update from Panty Cou area
A fragmentary weather forecast mentions Panty Cou with light conditions tonight and ongoing oceanic weather data. It notes a 24 hour broadcast on Nehanal Oceanic and lists a radio frequency 182.550 MME with references to Aafiliontention and Atma.
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Aafiliontention
Quarantine Lift Sought for AIDS Patient Boy in Florida
In Pensacola a 14 year old boy confined to a psychiatric ward to prevent AIDS spread drew critique from health officials who called it victimization. Secretary Gregory Coler said he will seek the quarantine’s removal and that the child needs help, while Circuit Judge William Frye ordered hospital confinement after a state counselor warned of public health danger.
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Pensacola
Fla
Serge Gregory Coler
Wiliam Frye
Prairie Home Companion ends its 13 year run on air
In St Paul humorist Garrison Keillor told a benefit crowd he hoped listeners would be prostrate with laughter as A Prairie Home Companion concluded its 13 year run on public radio. World Theater broadcast a farewell noting Lake Wobegon and a quiet week. American Public Radio plans to keep the show alive by repeating old episodes for another year.
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Prairie Home Companion
ST. Paul
Minn
Garrison Keillor
Keillor
Lake Wobegon
American Public Radio
Thousands rally in Seoul sympathy strike at cathedral
Police used tear gas and charged into Myongdong Cathedral area as about 5000 demonstrators gathered in Seoul in sympathy with student protesters who have held the Catholic cathedral for four days. Witnesses say the crowd surged from hundreds to thousands amid clashes and a heavy police presence.
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S. Korea
Seoul
South Korea
Gorbachev Faces Economic Discord in Reform Drive
Mikhail Gorbachev admitted discord over how to push economic reform as top Soviet officials met to discuss revamping state enterprises. Tass reported a June meeting of party leaders, economists, and scientists ahead of a Central Committee plenary to consider a draft law restructuring economic management and granting factories more decision making autonomy.
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Gorbachev
Moscow
Mikhail Gorbachev
Tass
Communist Party
Party
Central New York Sun Forecast Outlook
Central New Yorkers can expect mostly sunny weather from Sunday through midweek with highs in the 70s to mid 80s and nights near 55. An earlier storm system battered regions from New York to Missouri with strong winds, hail, and heavy rain, while scattered severe weather impacted the southeast and Texas.
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New
Buffalo
Tonawanda
New York
Missouri
Mississippi
Ohio
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