Be wary of calls for quick fixes after S and L failures
Federal officials noted the 1980s saw the largest wave of savings and loan collapses with 328 S and Ls closed in 1989 and 1,894 institutions failing during the decade. Regulators cite farm distress, high interest rates, oil-price shocks, and S and L insurance gaps as drivers, arguing continued monitoring and restrained rates over re regulation.
MENTIONED IN THIS ARTICLE
S&ls
Texas
Federal Savings and Loan Insurance Corp
Banks
Local banker Earl J. Fauver dies at 84 after 52 years service
Earl J. Fauver, a Elyria High School graduate and Lorain County Bank veteran, died Wednesday at 84. He began as an errand runner, rose to president, led expansion into Oberlin and Amherst, and retired as chairman of the board.
MENTIONED IN THIS ARTICLE
Earl J. Fauver
Lorain County Bank
Elyria High School
Legal Fog Highlighted In Spring Litigation Issue
A paragraph cited in Litigations spring issue showcases convoluted phrasing. A legal professional notes the judge below is fair but subject to error and calls out unclear diction in the opinion.
Bush to visit Colombia for drug summit draws fire
Anderson and Dale Van Atta describe Bush’s planned Colombia trip as a symbolic, risky move into a narco terror landscape. They warn the summit will be a political stunt unlikely to curb traffickers while citing border drug violence, assassinations, and warnings from federal officers. They also critique the flag protection law’s unintended consequences in a Fairfax high school play context.
MENTIONED IN THIS ARTICLE
Bush
Panama
Manuel Noriega
U.s-Mexican
United States
FBI
Medellin Cartel
Colombia
Cartel
Fairfax
James Clavell
Pease Silence Seen Over El Salvador Unrest Stance
The Chronicle-Telegram notes Congressman Pease criticized El Salvador unrest but allegedly voted on Nov. 20 to cut military aid while not addressing FLM guerrillas. It questions his stance amid violence including election threats, arms shipments, and 1,000 deaths, urging accountability for U.S policy and aid.
MENTIONED IN THIS ARTICLE
Pease
el Salvador
U.S
FLM
Nicaragua
FSLM
Chronicle Telegram welcomes letters to the editor
The Chronicle Telegram invites letters to the editor and may edit for brevity and clarity. Include signature, full address, and telephone number and mail to Editorial Page Editor, Chronicle Telegram, Box 4010, Elyria 44036. Fax letters to 329-7187 if you have a fax machine.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Chronicle- Telegram
Elyria
Export licensing hinders US firms in East Europe market
The piece argues export controls harm US trade, estimating a $9 billion annual loss and urging reform before the September 1990 expiry. It highlights licensing barriers to medical gear, computers, and specialized tech, contrasts US policy with Europe and Japan, and notes East Europe as a growth opportunity if controls ease.
MENTIONED IN THIS ARTICLE
National Academy of Sciences
U.S
Academy
National Association of Manufacturers
Hartford
Howard Lewis
NAM
Paris
Europe
China
Soviet Union
East Europe
NATO
Japan
Australia
United States
Prague
Wenceslas Square
East Germany
Czechoslovakia
Robert Mosbacher
Poland
Hungary
The
Computer and Business Equipment Manufacturers Association
Soviet Bloc
Commerce Department
State
Defense Departments
What Did We Do Wrong A Night Of Fear And Hope
In a late night phone call a group of friends rush to Metropolis Hospital after Molly attempts suicide. The narrator recalls a hard night and a hard lesson about responsibility, ending with the line we did the best we knew at the time. The story ends with a reassuring recovery and a cautious acceptance of limits.
MENTIONED IN THIS ARTICLE
Joe
Molly
Metropolitan Hospital
Sue
Also Mentioned on This Page
Eastern
Noriega
Washington
George Bush
Quayle
Virgilio Barco Vargas
Jose Gonzalo Rodriguez Gacha
Mexico
Anderson
Dale van Atta
Jack Anderson
Pease, el Salvador
the Chronicle-Telegram
Kay William Dickerson
Amherst
West
Defense Department
Mosbacher
Cocom
West Germany
America
Michael McManus
Dear
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!