Keating says he followed federal rules in Lincoln S&L saga
Chicago Tribune reports Charles Keating Jr., head of Lincoln Savings and Loan, testified in U.S. District Court that he strictly complied with federal regulations while building the California based thrift into a lender whose failure could cost taxpayers up to $2 billion. He described regulators as scrutinizing the books amid a deregulated environment and noted his role in a political donation scandal under congressional inquiry.
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Chicago Tribune
Washington
Phoenix
Ariz
Charles Keating Jr
U.S. District Court
Lincoln Savings and Loan
Keating
Lincoln
Savings and Loan
House Banking Committee
Kidron Livestock sale highlights strong consignments and steady hog demand
Kidron auction reports 2,618 head across 659 consignors with 138 loads of hay and straw. Market hogs show steady gains with feeder pigs in demand. Holstein calf and back-to-farm bull calf markets remain strong. Cattle and dairy sectors list varied prices for steers and cows, while hay and straw prices stay near steady levels amid robust demand.
MENTIONED IN THIS ARTICLE
Kidron
Hatfield
Auto sales slump hits 1989 industry hard
Automobile executives voice concern as 1989 domestic car and light truck sales fall 5 percent from 1988 and the year end tally dips below 15 million for the first time since 1984. Ford Chrysler and GM report declines while Honda and Toyota gain with new U S plants. Experts cite credit, incentives, weather, and seasonal trends as factors.
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Alex J. Trotman
Ford Motor Co
Ford
Trotman
Chrysler
General Motors
Honda
North America
Toyota Motors
U.S.A
Toyota
U.S
Bank seizes Campeau stock in debt default
The National Bank of Canada seized 13 million Campeau Corp shares after a company controlled by Robert Campeau defaulted on loans. The 29 percent voting stake was transferred to the bank, which said the move did not reflect Campeau Corp finances.
MENTIONED IN THIS ARTICLE
Montreal
National Bank of Canada
Campeanu Corp
Robert Campeau
National Bank
Andre Berard
Campeau
Campeau Corp
Berard
Firestone recalls some truck tires
Bridgestone/Firestone Inc recalls about 86 000 radial truck tires for possible inner lining cracking. The over‑the‑road drive axle T546 PSD Radial tires in sizes 10R22.5 11R22.5 11R24.5 295/75R22.5 and 285/75R24.5 were produced in the past two years at Bilbao Spain with most sold through independent Firestone dealers nationwide. Replacement tires average about 250 each as dealers are notified.
MENTIONED IN THIS ARTICLE
Akron
Bridgestone/Firestone Inc
Rooder
Bilbao
Spain
Firestone
Bob Troyer
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