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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 10, 1989

Page

8

Bush vows pursuit of S&L crooks despite limited recoveries

President Bush and Attorney General Thornburgh outlined the unrecoverable losses from failed insured deposits tied to S&L scandals. Thornburgh warned assets are often dissipated or abroad, making full recovery unlikely while lawmakers press for forfeitures and fines.

Washington Bush Dick Thornburgh Senate Banking Committee

Safety group calls recall of 5 million Ford cars over fire risk

Institute for Injury Reduction claims badly designed fuel filler pipes in Ford models from 1965 to 1985 create a fire hazard linked to over 200 deaths. The group urges a $250 million recall to redesign fuel tanks, while Ford disputes a recall and cites safety confidence.

Ford Washington Ford Motor Co Institute For Injury Reduction Institute Benjamin Kelly Jerald terHorst David E. Perry Corpus Christi Texas National Highway Traffic Safety Administration Congress Perry

Better Business Bureau Seminar on New Ohio Ad Reg

The Better Business Bureau will host a Wednesday seminar on a new Ohio advertising regulation issued in September. The rule bans substantiation claims and affects all advertisers. attendance is free for BBB and Ohio Council of Retail Merchants members with a $10 fee for others. Reservations via the BBB office.

The Better Business Bureau Oho BBR Auditorum AmerTrust Cleveland Ohio Council of Retail Merchants BRR Col Fiadence Last King

Metzenbaum vows to curb pension plan raiders in Senate action

Sen. Howard Metzenbaum pledges quick introduction of legislation to limit corporations from dismantling pension plans. He cites 2 million workers and retirees losing 20 billion dollars as firms tap surpluses to benefit themselves.

Washington Howard Metzenbaum Ohio Metzenbaum Senate U.S. Chamber of Commerce Chamber Peter Kelly Alabama Zack Carter Local 18 Industrial Union of Marine and Shipbuilding Workers of America Carter Mobile Ala Treasury Department

Nabisco sale closes. RJR Nabisco under Kohlberg Kravis Roberts

After 50 plus years as a public company RJR Nabisco Inc becomes privately owned as Kohlberg Kravis Roberts pays 25 billion dollars for 97 percent of shares. Former shareholders receive about 83 dollars per share in cash with the rest in a debt securities package. An operating committee of KKR partners and RJR managers will oversee the company while a permanent CEO is chosen. Ross Johnson resigns after bidding rival.

RJR Nabisco Inc Kohlberg Kravis Roberts & Co New York RJR Kohlberg New York Stock Exchange Kohlberg Partners Paul Sticht Food and Tobacco Ross Johnson Kohlberg’s

Kidron Livestock Market Weathers Cold Snap for Lighter Consignments

Thursday consignments at Kidron Auction were lighter due to extreme cold weather reducing demand and supply. Market hogs rose about four dollars, calves topped near 158 dollars, Holsteins saw a single jump with cows to 5690, and good cows and heifers reached 1070. Straw sold at 7 895 per ton.

Kidron Halstein

Wholesale prices surge in January signaling inflation risk

The Labor Department reported a 12.7 percent annual rise in the Producer Price Index for January, the fastest monthly jump in over three years. Higher food and energy costs pushed the index up, with energy and finished goods showing notable gains and economists warning of further price pressure ahead.

Washington Labor Department

Also Mentioned on This Page

S&l Thornburgh S&ls Barbara Mikulski D-Md Sen Phil Gramm Gramm Paul K. Kanjorski Dpa General Accounting Office David Gleeson Lincoln Asset Management Co Dallas Gleeson Richard Thornburgh David Perry Jose Ch At&t PhilPet Baxter Prameg Behe Bevrh Petty BlueArn Reebok BronFr Rayid SBR Te Brink Saatchi I BriRsen 4aTa AG Homn Spesp Sehimb Aos Sears Petg Eaty Dares Citecor Abe “O's Corsts SouthCo Texaco Ste Oisnes Q— Usk Dow! T duPont Ms Ekodyk Te UniTel UnTech Ty EmrsEi Weyer Baty Wistin Geneln Verdes Pierre He Smitha Ta Gwe Gwent Wits Hanson BAGO Vanarsen Trost Bancorp AngWie Lola Hom Orp Beancorp Ay ILCO Tasco Diy Miran Marion Idawa Masco Maytag Smuchel Tata Woodworth Pension Plan Nabisco Knight-Ridder Newspapers Kidron Livestock Attor Steirs Heal VA Dames Dirk van Dongen National Association of Wholesaler Distributors van Dongen Robert Brusca Nikko Securities Co International Inc
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