Deposits Safe Despite S and L Industry Troubles
Federal officials say Americans’ deposits in savings and loan associations remain safe as the FSLIC fund is adequate to handle current losses. Industry woes come from inflation and high rates, with about 70 percent of federally insured S Ls reporting losses in the first half. FDIC coverage stands at 100000 per depositor, with tens of billions in reserves and standby Treasury borrowing authority.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Federal Insurance Fund
H. Brent Beesley
Federal Savings & Loan Insurance Corp
FSLIC
Savings and
S&ls
Federal Home Loan Bank Board
Savings and Loans
William M. Isaac
Federal Deposit Insurance Corp
Congress
Savings and Loan Associations
Federal Savings and Loan Insurance Corp
FDIC
Alan Whitney
Insurance Fund For Savings and Loans
Martha Gravlee
Treasury
Seventeen Die By Hanging In Chicago District Lockups
Chicago Sun-Times reports seventeen hangings in district lockups over 22 months, surpassing totals in NYC and LA facilities. Most victims were minority individuals. seven faced disorderly conduct charges. Ten used shoelaces left in cells. no policy to confiscate belts or shoelaces. Eleven of 17 occurred in five of Chicago’s 23 districts.
MENTIONED IN THIS ARTICLE
Mike Masterson
Chicago Sun-Times
Chicago
New York City
Corrections Department
Los Angeles City
Jackson
State Detention Standards Bureau
Devil Possession Said To Justify Brookfield Murder
Jury selection starts this week in the case of Anne Cheyenne Johnson 19 charged with killing landlord Alan Bono 40 in Brookfield. Prosecution says homicide plain. defense asserts devil possession influenced the stabbing during a Feb 16 argument in Johnsons Brookfield apartment. Johnson held on 125000 bond, indicted in March.
MENTIONED IN THIS ARTICLE
Danbury, Conn
UPI
Anne Cheyenne Johnson
Johnson
Alan Bono
Bono
Brookfield
Debbie Glatzel
John
Walter Flanagan
Marin J. Minnella
Waterbury
Bona
Faulty Pump Ends Record Bid Denver
A bulky fuel pump spoiled a Colorado course attempt to set a world record for solo piston driven flight. Paul Whistle, 56, flew to Singapore from a remote Indonesian airfield yesterday in a hired airplane hoping to have the fuel pump fixed.
MENTIONED IN THIS ARTICLE
Denver
Colorado
Paul Whistle
Singapore
Unwed Births Rise Across Races in US Study
A government report shows over half of black babies born in 1979 were out of wedlock, with white births also rising, especially among teens. Unwed births climbed 50 percent in the decade to at least one in six American babies, reflecting economic factors and shifting social norms.
MENTIONED IN THIS ARTICLE
Washington
United States
America
Kristin A. Moore
The
Urban Institute
States
District of Columbia
Also Mentioned on This Page
Federal
Richard J. Brzeczek
Craig Jackson
National Aeronautics and Space Administration
Goddard Space Flight Visitors Center
Greenbelt
Devil
Apple Store
Butternut Street
Apple
Bosc PE McIntosh Cortlands
ARS
Southwick Station
Kinloch Plaza
Manlius
N.Y
Track & Racquet
Genesee St
Fayetteville, N.Y
Herald- American
Post-Standard
SALE
Lark
Cemesee
ST. Gall
Egese
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