Court says government liable for S&L regulatory change
Supreme Court 7-2 rules the government breached contracts with three savings and loan institutions by 1969 accounting rule change prompting potential damages. Ruling returns case to lower court to determine compensation. warns broad regulatory change risk. Bills totaling billions could await government in about 100 similar cases.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
S&ls
Clinton
David H. Souter
Souter
America
S&l
Glendale
Congress
Court of Federal Claims
U.S. Court of Appeals
Federal Circuit
Recall pressure over GM pickups fuels furor in Washington
Consumer groups led by Center for Auto Safety and Public Citizen urged Attorney General Reno to revoke the 1994 deal with GM and NHTSA that avoided a recall of 4 million pickups with allegedly faulty side-mounted fuel tanks. The groups cite 83 deaths since the agreement and accuse GM of missed deadlines and underfunded safety programs. GM defends the pact as saving lives and notes some deadlines met.
MENTIONED IN THIS ARTICLE
Washington
General Motors Corp
Janet Reno
Ralph Nader
Center For Auto Safety and Public Citizen
Reno
Federico Pena
National Highway Traffic Safety Administration
NHTSA
Chrysler
Clarence Ditlow
Center For Auto Safety
Ditlow
Ed Lecitzin
Lewitzin
Philip Recht
Recht
Analysts say Fed won't change rates this week
Analysts say the Federal Reserve will hold short term rates at 5.25 percent as mixed economic data cloud the outlook. Some economists expect debate on policy but few changes, while consumer spending and manufacturing show mixed signals amid upcoming FOMC meeting.
MENTIONED IN THIS ARTICLE
Fed
Washington
Federal Reserve
Robert G. Dederick
Northern Trust Co
Chicago
Federal Oven Market Committee
Richard Berner
Mellon Bank
Pittsburgh
FOMC
White House
Alice Rivlin
St. Louis
Laurence H. Meyer
Alan Greenspan
Also Mentioned on This Page
University of Texas Law School
Baltimore
S&L’s
Winstar Corp
Minnesota
Statesman Savings Holding Group
Iowa
Glendale Federal Bank of California
Winstar
Statesman
Marvel
Marvel Online
America Online
AOL
Stephen
Roach
Morgan Stanley & Co
New York
National Association of Purchasing Management
Association
Commerce Department
ARES
Baxter
Br Toole
omdTek
Mylan
Svea
Quotston
General Motors
Texas Unites Bie Geon
T.rw
Alan Investment Goodach
USX
Guest Supply
Woolworth
F.W
Aegon USA Securbes, Inc
Hanson
York Internaional
NASD
Sipc Hills Dept
Acme Cleve
Invacare
Allied Corporation
Lear Seating
Alrtel
LNS Bancorp
American Whst Mutual American Greetings
LTV
Dre’ NL
Cedar Fair T
Lesco Inc
Puritan
Center For Mid-Am. Inc
Frice Home
Nordson Temple
CoBancoup Inc
Northern Savings Vanguard
Wellington
Columbia Gas
Ohio Edison
CPC Inter. Inc
PNG Com
Eaton Corp
Parker Hannifin
Emerson Lie Royal Appliance
Lorain County Farm Bureau Cooperative
Asancia- Englehard
Sherwin Willams
Mertt We Smuckers
SJMA
Ford Sunrse Medical
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!