SBA Seeks Recovery of Two Questionable Loans
The Small Business Administration seeks repayment on two loans to Lastrada Inc. of New Orleans and Suburban Transit System Inc. of Chicago. SBA chief Hilary Sandoval cited underworld links, noting a 75 percent guarantee on a 385000 Lastrada loan and over 145000 owed by Suburban Transit. He limited the authority of New Orleans financial chief J B Alexander amid questioned approvals.
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Washington
Small Business Administration
New Orleans
Chicago
SBA
Hilary Sandoval
Lastrada Inc
Suburban Transit System Inc
Sandoval
J. B. Alexander
ISBA
Lastrada
Frank Occhipinti
Carlos Marcello
James J. Belinis
Chicago Crime Commission
Alexander
Flood breaks dam on Mendoza River near Godoy Cruz
A dam on the Mendoza River at Godoy Cruz in Argentina ruptured spilling a six foot wall of water through the city of Mendoza. The disaster left at least 33 dead and many injured, according to AP reports.
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Mendoza
Godoy Cruz
Argentina
Andes Mountains
Egyptian Jets Sweep Across Canal in Two Raids
Egyptian jets attacked Israeli positions along the Suez Canal in two raids on the east bank, with four MIG17s near Qantara and four Sukhoi 7 bombers near Port Suez. Israelis reported no casualties, while Egypt said its commandos killed nine enemy soldiers and damaged an Israeli position during later clashes.
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Canal
Tel Aviv
Suez Canal
East Bank
FE Qantara
Port Suez
Egypt
Lebanon
Port Taufiq
Cairo
United Nations
Israel
Paris
U.S
Libya
Reading gaps widen for London eight-year-olds
Education officials report eight year old children in central London are six months behind national reading levels. Immigrant and poor families, plus high turnover among infant school teachers, are cited as major causes.
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London
Jare
Agnew Visits Afghanistan in Asia Tour Displaying US Soviet Ties
Vice President Spiro T. Agnew and Mrs. Agnew arrive in Kabul for a 20 hour stay on a 26 day Asian tour. Afghanistan benefits from large Soviet and American aid while Nepal hosts the vice president after praising regional cooperation.
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Kabul
Afghanistan
Spiro
T. Agnew
Agnew
Judy
Nepal
China
United States
Soviet Union
Richard M. Nixon
Ministry of Planning
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