S&Ls reopening delayed as Ohio limits thrifts
Ohio governor extends closures of 70 state chartered savings and loans through at least Wednesday and pushes a plan to allow reopenings in days. Legislation would require closed thrifts to obtain FSLIC coverage and prove deposits are secure before resuming business. Critics link crisis to deregulation as depositors face hardship, with emergency session planned to bolster protections.
MENTIONED IN THIS ARTICLE
Cincinnati
Richard Celeste
Celeste
CBS Morning News
Savings and Loan Insurance Corporation
State Commerce Department
Divison
Savings and Loan Associations
FSLIC
Supreme Court weighing power to ban group homes
The court will hear arguments in a zoning case from Cleburne Texas that could limit or expand local authority to exclude group homes for the mentally retarded. A decision due by July will define how far communities must justify bans and may affect Lorain County Board of Mental Retardation and Developmental Disabilities and private developers.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Lorain County Board of Mental Retardation and Developmental Disabilities
Cleburne
Texas
Hospitals stake $8 million battle to regain Blue Cross contracts
Eight area hospitals confront Blue Cross of Northern Ohio in two cases. An ongoing state insurance appeal runs to May 1, while Brentwood and Lakewood sue over the 1984 merger forming BCNO. Allen Memorial Oberlin and Wellington Community share campaign costs as officials warn the fight is expensive.
MENTIONED IN THIS ARTICLE
Oberlin
Blue Cross
Ohio
State Department of Insurance
Wayne Jones
Jones
Brentwood
Lakewood
Northeastern Ohio
Medical Mutual of Cleveland Inc
Blue Cross of
Northern Ohio
Allen Memorial of
Weillington
Allen
Duane Horning
Allen Memorial
Horning
Wellington
David Snyder
Area savings associations report stability amid thrift crisis
Officials said Cincinnati runs and state-ordered closings had not spread here. Neal Hubbard and William Kilfoyle reported calm operations with a savings increase of about 160000 dollars on Friday and a quiet Saturday. A Celeste administration plan to require self insured thrifts to obtain federal insurance before reopening was cited, with only two of six dozen still operating in northeastern Ohio.
MENTIONED IN THIS ARTICLE
Area
Kilfoyle
Hubbard
Columbus
Celeste Administration
Suspect Flees in Lorain County Court Runaway
Jeff Paloney, 21, of Columbia Station, fled during transport from Lorain County Court, as deputies pursued him near the Fuller Road area after charges of possession of harmful intoxicants and open container in a vehicle.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Jeff Paloney
Columbia Station
Fuller Road
The Crime Drop Myth and Misleading Statistics
The article argues crime declines nationally due to demographic shifts and reporting changes rather than "good police work." It notes Bureau of Justice Surveys show fewer victims as young people shrink, cites misclassification and undercounting by police and FBI procedures, and warns about sensationalist use of crime data in media and politics. It highlights Bay Village as an example where low crime rates hid the underlying truth of larceny and auto theft shifting to other areas.
MENTIONED IN THIS ARTICLE
Bureau of Justice Statistics
FBI
Also Mentioned on This Page
S & Ls
Home State
U.S
Charles E. Schumer
D-Ny
House Banking Committee
Schumer
Raymond Sawyer
Lego City Hall
Matthew Niklas
Eric Kurzenberger
Westlake
Bob Sorine
Robert Penick
Federal Savings & Loan Insurance Corp
Federal Deposit Insurance Corp
Dio Ete
Reagan
Quebec City
Canada
Brian Mulroney
Cleveland Police
Chicago
Investigative Reporters and Editors Inc
Family Circle Magazie
Bay Village
Cleveland
Bays
Bay
North Olmsted
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