Bond costs rising as NYC crisis hits cities
Chicago bond dealer Ernest B. Kelly Jr. warns New York City's cash crisis will raise borrowing costs for major cities nationwide though Chicago faces no borrowing problems beyond higher rates. He notes the stigma hurts munis as Detroit paid 8.86 percent for new bonds while other cities face higher prices amid NYC solvency doubts.
MENTIONED IN THIS ARTICLE
Chicago
New York City
Ernest B. Kelly Jr
Halsey, Stuart & Co
Kelly
Consolidated Edison Co
Franklin National Bank
Detroit
Halsey
Stuart
Moody's
Standard & Poor's
Liz and Jerry twin defendants face jail split case
Federal judge allows the same person known as Elizabeth Carmichael and Jerry Dean Michael to appear as a woman in court. Elizabeth, redhaired president of 20th Century Motorcar, Corp., is charged with conspiracy and theft, while Michael faces fraud and counterfeiting counts in California and Texas related to a proffered “Dale” car project. He is held in the men’s jail section though classified as a man, and is kept isolated from other inmates.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Jerry Dean Michael
Elizabeth Carmichael
Elizabeth
Federal Court House
Jerry
California
Texas
Michael
Miami
Sheriff's Department
20Th Century Motorcar, Corp
Dale
Dallas
Tex
US seeks veto to block Israel ouster at UN
Washington warned at Senate hearing that a Havana group subcommittee favors expelling Israel or suspending its General Assembly seat. Speaker Seali said the United States would veto ouster in the Security Council but a GA suspension would be harder to block. Ford may suspend US GA membership if Israel is suspended. Senators urged strong backing for Israel and reassess Middle East policy drew mixed Arab League reaction.
MENTIONED IN THIS ARTICLE
Washington
Israel
United Nations
UN General Assembly
U.S
John Seali
Seali
New York
Senate Foreign Relations Committee
Havana
Ford
Daniel Moynihan
Scali
United States
Seals
Security Council
World Organization
General Assembly
Congress
White House
Senate
Ron Nessen
Middle East
Clorvis Mahsoud
Arab League
Also Mentioned on This Page
Cheenicle-Telegram
Biyria
Fri
Chicago Tribune Wire
James
Tracey Democrat
Tracey
Jack Lesnick
Whitman Blvd
Elyria
Shimano
Eagle
Higbee Sporting Goods
Midway Mall
Elyria Call
Lorain
Camp Pendleton
Calif
Nguyen Thi Hung
Nguyen Thi Kieu Anh
Phuong van Hai
Nguyen Thi Tuyet Oanh
Liz
Patrick Coleman
Ohio
UN Group
NEW York News
PVC
Daly
Ortar Concrete
Lawn & Garden
Soib
Ke Mart
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