The Best Friend of U S Shareholders Stanley Sporkin
Stanley Sporkin, chief of the enforcement division at the SEC, is cited as a leading candidate for the best friend of U S shareholders. He pushed for law and order in corporate crime after major collapses, challenging frauds once ignored by the agency and drawing both praise and controversy.
MENTIONED IN THIS ARTICLE
U. S
Stanley Sporkin
Securities & Exchange Commission
SEC
Sam
Sporkin
Penn Central
Equity Funding
Investors Overseas Services
National Student Marketing Corporation
Ray Garrett
SEC enforcement targets spill over to accounting and law firms
Ralph Nader notes enforcement reaches brokerage firms and lawyers as part of SEC efforts. Sporkin faces corporate slurs while pursuing remedies beyond injunctions by demanding audits, full disclosure, and outside directors. New SEC chief Hills must stand firm against corporate marauders and support independent legal action.
MENTIONED IN THIS ARTICLE
Garrett
Sporkin
SEC
Justice Department
Commission
Citzens
Roderick Hills
White House
Hills
Sparkis
Bailey Leads Hearst Trial Prep Amid Jury Readiness
The defense chief Bailey signals focus on jury selection and public sentiment. He may poll San Francisco residents and uses bank robbery films to frame Patty Hearst’s participation. Bailey aims to reframe Hearst from urban guerrilla to a suffering student while facing a single charge in the Hibernia Bank robbery.
MENTIONED IN THIS ARTICLE
FBI
Bailey
Johnson
San Francisco
Miss Hearst
Patty
Sam Sheppard
Hibernia Bank
Los Angeles
SLA
Proxmire pushes bill to curb bank growth
Senator William Proxmire chairing the Banking Committee proposed The Competition in Banking Act to curb mergers and acquisitions, ban banks from controlling more than 20 percent of home state assets, and prevent concentration that now leaves the 81 largest banks holding substantial deposits. He warned the five biggest banks hold over 250 billion dollars and that continued consolidation could place the economy under a few giants.
MENTIONED IN THIS ARTICLE
Washington
UPI
William Proxmire
Senate Banking Committee
Proxmire
Glover buys Neisner building in Elyria downtown plan
Robert Glover’s Western Reserve Mortgage Corp buys the Neisner Bros. building at 393 Broad. The two story 102 foot frontage with 8,000 square feet on first floor and basement and 3,200 on second floor remains undeveloped. The bank had considered expanding there but found fusion expansion infeasible due to size and parking. Glover hints at more downtown announcements.
MENTIONED IN THIS ARTICLE
Neisner Bros
Broad Street
Western Reserve Mortgage Corp
Robert Glover
Broad &T
Neisner Department
Dweck's of
Ohio
D and K Discount
Glover
Willard Brenneman
Brenneman
Firemen die in La Cuisina blaze in Massillon
Three Massillon firemen were killed and another injured when an explosion and fire destroyed the La Cuisina Restaurant last night. Fire officials said a bomb may have sparked the blast as Captain Joseph Glossen and a civilian helper were also hurt.
MENTIONED IN THIS ARTICLE
Massillon
la Cuisina
Frank Urwin
Donald Roseman
Kenneth Arnold
Joseph Glossen
UPI
Seasonal layoffs lift Lorain County jobless rate to 8.7
Lorain County October unemployment rose to 8.7 percent from 8.0 as seasonal layoffs hit primary and fabricated metals and construction and service industries. Labor force totaled 120 928 with 10 515 jobless. statewide rate stood at 7.8 percent with Cuyahoga at 7.8 and other counties ranging 6.8 to 8.2 percent.
MENTIONED IN THIS ARTICLE
Lorain County
Ohio Bureau of Employment Services
Don Pawlczak
Lorain
Bureau
Cuyahoga County
Huron
Erie
Medina
Vintage car restoration could turn into fortune in Buffalo
Buffalo businessman Bill Kinsman restores early Chevrolets and Thunderbirds for top values. He cites 1955 Thunderbird and 1953 to 1957 Corvettes as highly collectible. Rick Martin’s Thunderbird is nearing completion after extensive rebuilding and repainting, with costs ranging from 3500 to 15000 dollars.
MENTIONED IN THIS ARTICLE
Buffalo
N.Y
UPI
Bill Kinsman
Kinsman
Buffalo Sabres
Rick Martin
Martin
Bottled Water Health Questioned by Experts
New Orleans AP reports a Loyola University expert warns bottled water may be less safe than tap water. Dr. Joan Christman says bottled water could harm consumers and notes the EPA is drafting new water quality standards under the Water Quality Act, with changes expected around December 13.
MENTIONED IN THIS ARTICLE
New Orleans
Joan Christman
Loyola University
Nodea
Mit
EPA
Wall Street Advances on Favorable Money Supply Signal
Opening Wall Street gains as the Dow rises fractionally while NYSE advancers lead 3-2. Investors cite Federal Reserve data showing a drop in money supply after a jump in the prior two weeks, aiding optimism for the rate outlook. The Dow climbs to 860.67, up 2.12, for the week, with the NYSE composite at 46.24 and volume at 12.87 million as Thanksgiving week begins.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
NYSE
Ford advisers seek hefty tax on gasoline in energy plan
A White House energy panel urged a 10 cent per gallon motor fuel tax and a $50 annual rebate to aid low income families while expecting to curb gasoline use. The group linked imports and weak domestic production to the push, noting potential large cuts in oil demand and a pipeline from Alaska that could boost national output. President Ford toured an Alaska pumping station as officials projected the North Slope could reach 2 million barrels per day by 1980, about 20 percent of U.S. production.
MENTIONED IN THIS ARTICLE
Fed
Act Ind
Mata
US Steel
Alfied Chemical
Western Union
Woolworth
Ami
Zenith
Batta Am Motors
Armco
Aro
Crown Zel
Eg&g
Det Edis
PMC Corp
DuPont
Gen Mills
Eastern Air
I Gen Tire
East Kodak
Ie Lear Sieg
Eatn Cp
Litton
Exxon
Mar Oil
Firestone
Ford Motor
Gen Motors
Ohio
Great
A&p
R. Smith Co
Kellogg
X Bay
American Machine & Foundry
Kraft
Ty American Ship Building
American Standard
Tota Kroger
Bendix
LOFL
MGM
Chroralloy Mobil Oi
Monsanto
CPC International, Inc
Motorola
da Dart
Nabisco
Emerson
Nat Steel
la Goodrich
Norfolk
1. C.industries
Lin Cp
Galy Ty Kewanee Industries
Owen CF
Koehring
Owen Il
Lear Siegler
Pan Am Air
Pepsi Cola
National Gypsum
Phil Pet
Ta Ohio Edison
Polaroid
RCA Corp
Richmond Corp Rep Steel
Abla Searle
Rockwell
Smucker
Sp Rand
Subrona
Tappan
Toledo Edison Ae Sid
Ind
Union Pacific Corp
Oil Ohio
Victor Comptometer
Teneco
Texaco
Baal ‘ Timkin
Trans W. Aira
the Chronicle-Telegram
East Avenue
UAL Inc
Washington
UPI
White House
Congress
Senate
Canada
United States
Alaska
Ford
Fairbanks
America
Alaskan
Also Mentioned on This Page
Ralph Nader
Reading
Ricky Price
Pennsylvania
van Marius
Competition In Banking
Wisconsin Democrat
D and
Glover Buys Neisner
Pawwak
Kinstman
California
Rene Bae
John B. Simpson
Ofer Lorain
Wall Street
Elyria
Mid-Ohio Securities Corp
Lovely
Etyris
Sher
Rene BB
Ory
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