Ohio panel mulls changes to securities laws after bank collapse
A Ohio state panel, led by Sen. Richard Finan, weighs regulatory reforms to avert financial crises after Home State Savings Bank failure linked to ESM Government Securities. Regulators discussed SEC registration for securities dealers and quiet action tools amid a broader push for stronger oversight.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Home State Savings Bank
Sen
Richard Finan
Cincinnati
Home State
ESM Government Securities Inc
Fort Lauderdale
Fla
ESM
Celeste
Lawrence Huddleston
Finan
Florida
SEC
Tew
Market dips and rises as stocks hover near record highs
The Dow edged up 0.92 to 1,436.01 in early trading while the NYSE composite fell 0.12 to 114.24 and the AMEX index dropped 0.39 to 237.37. The prior session closed with the Dow at 1,435.09, boosting weekly gains to 30.73 as 130.24 million shares traded on the Big Board.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Allied Signal
NYSE
American Stock Exchange
Mortgage loans to integrate Cuyahoga neighborhoods in Ohio
About 75 loans totaling 3.5 million have been issued under an Ohio Housing Finance Agency program in Cuyahoga County. The effort targets integration by offering low interest options and incentives for blacks in predominantly white areas or whites in largely black areas. Another 2.5 million remains for 9.8 percent fixed 30-year mortgages through November 26.
MENTIONED IN THIS ARTICLE
Cleveland
Cuyahoga County
Ohio Housing Finance Agency
Cuyahoga Plan of Ohio Inc
Davis-Besse restart likely delayed to early 1986
Workers review Davis-Besse plant systems after cooling pump failures shut the reactor in June. NRC officials expect restart not before early 1986 pending approval by the NAC. An audit of shutdown costs by Toledo Edison and CEI could be due by August 1986 with a preliminary July report.
MENTIONED IN THIS ARTICLE
Davis-Besse
Washington
Russell Marabito
Nuclear Regulatory Commission
Marabito
NRC
Toledo
Toledo Edison Co
NAC
Davis- Besse
Toledo Edison
Cleveland Electric Illuminating Co
Ohio
The
Consumers Counsel
Public Utilities Commission of Ohio
CEI
GE near settlement in False Claims Act case over Air Force work
Cincinnati AP report says General Electric may settle a 1984 False Claims Act suit claiming overbilling the Air Force for turbine work. Trial was postponed as DOJ review near settlement. Judge Rubin noted no details. GE admits time-card errors but says Air Force was underpaid for jet engine work at Evendale plant.
MENTIONED IN THIS ARTICLE
Cincinnati
General Electric Co
Air Force
Evendale
GE Evendale
John Gravitt
Lorain Doctor Faces Fourth Malpractice Suit
Lorain podiatrist Alan Weiner and All Lorain Foot Center are named in a fourth malpractice complaint filed in Cuyahoga County Court by Sofia Bogacki. She alleges negligent examination, diagnosis, treatment, and lack of informed consent for a surgery performed November 20, 1984, at 106 W. 28th St. Lorain, causing permanent injuries and emotional trauma.
MENTIONED IN THIS ARTICLE
Greater
Huron
Wakeman
Westlake
Cleveland — Lorain
Alan Weiner
All Lorain Foot Center
Cuyahoga County
Weiner
Pepper Pike
W. 28Th St. Lorain
Bogaski
Also Mentioned on This Page
the Plain Dealer
Richard Celeste
Raymond Sawyer
Ohio Department of Commerce
U.S
Jose Gonzalez
Thomas Tew
Ohio Savings and Loan
Clark Wideman
Securities and Exchange Commission
U.S. House
Tim Wirth
D-Colo
Alfonso D’amato
R-N.y
Senate
Tvam
Pierre R. Smith
Acme Cleve
Allied Corporation
Alitel
AmerShip Building
Echan Standard
Chromalloy
Cleveland Elec
CPC Inter. Inc
Emerson
Baxcede
First Bancorp
Fruehauf
Goodrich
LO Industries
Am Invacare
Lear Siegler Any
LCB Bancorp
LNB Bancorp
Lesco Inc
Midland-Bass
National Gypsum
Jordgon
Ohio Edison
Parker
Hannifin Gate
Smoucker
Bom
Bran
Cuyahoga
Karen Kerns- Dresser
CHF
Carl Rubin
U.S. Department of Justice
Washington, D.C
Rubin
John
Lorain County
Ms. Bogacki
Lorain Elyna
PROUT
Chevrolet
Loraine Elyria ‘Cleve
East Broad Street
Elyria
Emerald Health Network
Pennsylvania
EHN
EIN
Emerald Health Network Group
Emerald Health Network,inc
Nia
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