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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 05, 1990

Page

5

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.

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.

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.

Detroit 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.

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.

Akron Bridgestone/Firestone Inc Rooder Bilbao Spain Firestone Bob Troyer

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the Savings and Loan S&L’s New York NYSE IBM Alrgan Alcoa AmBend Imart Hatlys Hs Lilly aStHe— MayDs Tae Amotos Merck Arkla Atirich Morgan Baxter Pacge Pepsico Pfleer Wien Va Schimb SecPac SouthCo Ertergy Exxon ABA Ao Syntex Texaco FitNars Gillate Ag Haihin Ata Hanson Kidron Livestock By Scott Stephens C-T Chrysler Motors Robert Lutz Thomas J. Wagner Ford Division Lutz Volkswagen Hans Jorg-Hungerland Lorain County Farm Bureau Cooperative Association Ino Mazda USA Nissan USA Yota USA Firestone Brand Chronicle-Telegram Atemem Lal Ieieck New Ciesol Mixttos Furniture
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