Accountants reject loan splitting plan in banking rule debate
Washington AP opposition from the American Institute of Certified Public Accountants challenges the Bush administration loan splitting proposal aimed at easing the credit crunch. Regulators and lawmakers debate accounting changes, with critics warning of implementation problems and the risk of misusing financial reporting to drive policy.
MENTIONED IN THIS ARTICLE
Washington
American Institute of Certified Public Accountants
Banking and Savings and Loan
Treasury Department
New England
Securities and Exchange Commission
Federal Financial Institutions Examination Council
Joseph
Chrysler tests flexible fuel sensor for smart cars
Chrysler Corp unveiled a sensor system to support flexible fuel vehicles. The small unit measures gasoline to methanol ratios and automatically adjusts spark and fuel injection. Vehicles like the LH 1993 models, Dodge Spirit and Plymouth Acclaim could use it, costing about $100 per car.
MENTIONED IN THIS ARTICLE
Knight-Ridder
Detroit
Chrysler Corp
Chrysler
Francois Castaing
Castaing
No. 3
General Motors Corp
Ford Motor Co
California
Ford
Neil Bush Earned 300000 From Loss-Making Apex Energy
A congressional staff study says Neil Bush, partner at Apex Energy in Denver, earned about 300000 over two years while the startup lost over 700000 in its first year. The report finds no evidence of illegal conduct, though critics call the venture a risky SBA backed investment.
MENTIONED IN THIS ARTICLE
Washington
Neil Bush
Congressional
Apex Energy Co
Denver
House
Small Business Committee
Apex Energy
Apex
Associated Press
Bush
James Nesland
Wood River
Patricia Schroeder
D-Cole
Kidron Livestock Auction Clears Light Market on Thursday
Kidron consignments were lighter as market hogs rose to 35435 top. Feeder pigs 50-60 lb brought 56.50 to 65.50, back-to-the-farm calves 135 to 200, cows 46.75 to 59, hay prices down, no sale next Thursday for holiday, sale Friday May 10 at 7:20. Total head 2685 from 515 consignors with hay and straw offerings listed.
MENTIONED IN THIS ARTICLE
Kidron
Hatfield
House panel urged to OK Chicago-Florida Amtrak line
U S representatives from Indiana Tennessee and Georgia urged a House subcommittee to back a revived Floridian route at a cost of about 180 million dollars for new trains and 18 million annually in subsidies. Georgia pledges 10 million to help subsidize the service aimed to run before the 1996 Atlanta Olympics, though money remains tight and early approval unlikely.
MENTIONED IN THIS ARTICLE
Chicago-Florida
Knight-Ridder
Washington
U.S
House
Amtrak
Terry Coleman
Georgia House Appropriations Committee
Congress
David Carol
Midwest
Georgia
General Assembly
Atlanta
Indiana
Tennessee
House Appropriations Transportation
Also Mentioned on This Page
Cies
Ance
F. Moragho
Accounting Institute
General Accounting Office
Federal Deposit Insurance Corp
L William Seidman
Ciliens
Casper, Wys
Wheeling, O-W.va
Steubenville
Weirton
Ohio
W.va
Decatur, Jl
Duluth, Minn
Wis
Waterloo
Cedar Falls, Iowa
Enid, Ohio
Davenport
Rock Island
Moline
Iowa
Ill
Johnstown, Pa
Beaver County
Eacaarch Vehiclas Phyre
Angeles
Louis Marx Jr
Wood River Capital Corp
Bridger Capital Corp
Donald Dwight
Wood River and
Bridger
SBA
New York
WYSE
AMR
Bae Hewlpk
Va At&t
Ava
Va Luly
Borden Ag Alg
Tbva
Parent
Ava Ra
Merck
Censow
Merlyn Mobil
Tle Chrysir
Citicorp
Clorox
Disney
Pepsics
al of Sala
Us Echlin
Exxon
Va FedNm
Royld Saatch
Fstuc Fiight
Safewyn
Oh Flemng
Savin
Foram
A Schrp
Genten
GenuPti
Ve Texaco
Emerson
Toyrus
Ucarb
Va Lcb Bancorp
Unocal
LNB Bancorp Lesto Ine
Upjohn
Dasea Nordson
Northern Savings
Cho Edison
Pierre R. Smyth Co
PNC Col
Parker Hanifia
Acme Cleve Ou Smucker
Sunnse Medical
Aled Corporation
Teras Atihbties
AmerStop Building
TRW
Centenor
Wool
Kidron Livestock
Frank McCloskey
D-Ind
Bob Clement
D-Tonn
Carol
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