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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 13, 1987

Page

10

Businesses dive into water with land and sea fun

Sandy's RV Center in Lorain, a dealer since 1960, expands into boats priced from 6 900 to 30 000. Don and Karen Krasnok open Splish Splash Bumper Boats beside their mini golf at Stearns and Bagley roads, with Kristy Kvasnok Carolyn Munk and Wendy Kvasnok enjoying the ride.

Paul Sandiford Sandy Lorain Don Karen Krasnok Olmsted Township Stearns and Bagley Roads Kristy Kvasnok Carolyn Munk Wendy Kvasnok

Greenspan Compared to Tall Paul in High stakes Money Policy

Washington column argues Alan Greenspan mimics Paul Volcker by raising rates to 6 percent, blasting Wall Street traders. It notes dollar rallies falter and stocks slip, while July trade figures loom and market watchers warn of further rate hikes.

Federal Reserve Board Paul A. Volcker Wall Street Reagan Volcker Greenspan New York Alan Tall Paul Paul White House Fed

Greenspan’s first rate move sparks debates on inflation fight

The Christian Science Monitor notes Alan Greenspan’s first move as Fed chair, a discount-rate rise from 5.5 to 6 percent viewed as a mild step to curb dollar weakness. Kudlow argues it won’t slow the economy significantly, while eyeing potentially tougher action later amid rising prices and wage concerns. The piece also discusses money growth, velocity, and the Fed’s effort to build policy consensus.

Greenspan Fed Lawrence A. Kudlow Bear, Stearns & Co Kudlow

Also Mentioned on This Page

Saud Washington Alan Kenspan Alan Greenspan Greenspan and Ol Paul Paul Volcker Bill Neikirk Voelker David R. Francis The Christian Science Monitor Federal Reserve System Hanover Trust Company FOMC RIE Shores Erie Shores Computer, Inc Erie Shores E.S.C C.D. Fdic Ona Buffalo Guldame FDIC Hills Department Hills Elyria Goldome Ala Curse Hills Avenue Ambers C.D Broadview Savings & Loan First Nationwide Savings Ohio Savings TransOhio National Citybank AmeriTrust the Central Trust of N. Ohio Elyria Savings & Trust Lorain County Bank Lorain National Bank Goldame Ums Hills Financial Center Parker Hunter Reese Parker/Hunter Investment PARKER/HUNTER Midway Boulevard Midway Mall Ohio Tanker Hunter Incorporated New York Stock Exchange
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