European Stars And Stripes (Newspaper) - October 14, 1986, Darmstadt, Hesse                                Tuesday october 14, 1986 the stars and stripes troubled ban America returns former san Francisco a a. W. Clausen who guided ban America corp. And us Bant of America unit Dur ing their Boom years of the 1970s, was named sunday to take command again the troubled banking concern. Clausen the former president of the world Bank replaces Samuel h. Arma Cost the boy wonder who succeeded Clausen and resigned Friday after five Stormy years As head of the nation s Sec Ond largest banking concern. "1 am proud to have been asked by the Board of directors 10 take up this responsibility  Clausen said. "1 urn also quite aware of the Challenge it presents. I am eager to get at the Job i Don t intend to waste Lime Yooung  Clausen who presided Over Banka Merica from 1970 to 1981, will assume the titles of chairman and chief executive officer for both ban America corp. And Bank of America. The 63-year-old Illi Nois native joined the Bank in 1949 in a part time position and Rose through its executive ranks with a penchant for hard work and attention to detail. He retired from the world Bank ear Lier this year. Clausen will bring the authoritative and calming management direction thatis necessary to the Bank s Success said John r. Beckett chairman of the executive committee of ban America s Board of  unidentified High ranking Bank official quoted by the san Francisco exam Iner in its sunday editions said Clausen s appointment would be temporary. But ban America spokesman Arthur Miller dismissed that. Our understanding is that it s not interim Milter said. It s an appointment As ceo and he serves at the pleasure of the  under Clausen s leadership Bank of America grew to 83,000 employees 1,106 branches in California another 116 overseas and had assets of ii 10,7 billion. But from 1981 through the first half of this Yea r. Ban America suffered loan losses of about $4.6 billion and earlier this year eliminated its common Stock dividend for the first Lime since the  addition. Ban America was hit with a record $4.75 million Tine in Jan uary by the . Treasury department for violating currency transaction report ing requirements. Armacost s tenure with the company had been in question after Bank America reported a $640 million loss during the second Quarter of this year. The company also suffered a $337 million loss in 1985, largely because of bad Loans. Armacost 47, inherited a number of i he problem Loans from Clausen s term. Clausen directed the big buildup of inter National Loans in the 1970s and was unwilling to Cut the company s overhead. But analysts said Many bad Loans were made during am Wost j  oct. 6, ban America was presented with a $2.77 billion merger proposal by first interstate ban corp. Several weeks ago the company saw its Stock Price plunge on unconfirmed re mors that the company was in serious financial trouble and holding talks with Federal regulators. On Friday ban America s common shares were up 37vi cents to $ 14,62  trails Only new York s Citicorp in size among . Banking companies. Former rep. Ullman of Oregon Dies Salem. Ore. A former rep. Al Ullman. Who served in Congress 24 years including a Sling As chairman of the House ways and Means committee died saturday in belch sea naval Hospi Tal in Maryland after an 11-year Battle with cancer according to his family in Salem. He was 72. I Wilt remember \ As a Good representative always real proud of being a congressman from Oregon gov. Vic Aliyah said sunday. He made quite a Mark during his Public service in Wash  Ullman. A Democrat was elected to Congress in 1956 from Oregon s 2nd con Gressional District Hie served As chairman of the ways and Means committee from 1975 until 1980, when he was Defeated by Republican Denny Smith. After he left Congress. Ullman ran a consulting business in Washington for several years. He entered con i Gross As a Liberal and moved steadily to the right. He attributed his shift to his experience As a member of the lax writing ways an Means committee pragmatism and disillusionment with some of Percsi Ullman Donl Johnson s great society programs. Ullman proposed a National value added tax a form of a National sales lax in 19so but it failed to gel far in con Gress. Smith used the proposal the next year As Campaign ammunition in a slate Long hostile to sales taxes accusing Ullman of losing Louch Wilh his District. Hebert Ullman 56,718 Voles to 49,250. Born March 9, 1914, in great Falls. Monl., Ullman held a Bachelor s degree from Whitman College in Washington and a master s degree from Columbia University he was a Navy officer in world War it and was a builder and real estate Developer in Baker ore., before going 10 Congress. Survivors include his wife Audrey. Two sons and a daughter. Services were tuesday in the Falls Church episcopal Church at Falls Church a. Boy 8, bitten by Alligator in Florida Orlando Fla. A an Alligator was killed after attacking and slightly in Juring an 8-Ycar-old boy Al a Walt Disney world Campground. The boy Paul Richard Santamaria of Bristol n.h., was not seriously injured but was terrified according to his Mother. Roberta. Paediatric surgeon Clinton Cavett said the Alligator inflicted four or five superficial lacerations on the boy s thigh knee and lower left leg. Which did not require surgery it was frightening but he is in Good condition and we re very fortunate it was t worse mrs. Santamaria said sunday night from her son s Hospital room at the Orlando regional medical Center. Paul was playing with his brother and sister and another child Friday when he wandered away to watch ducks waddling out of a Small Pond where several canals end his Mother said. He squatted on the Edge of the Ponder a canal among he ducks said it. Vinard Hilt of the Florida game and fresh water fish commission. The Gator came out of Llie water at thai Point and bit him on the left  the 7-foot. 4-Inch Alligator Lacr was shot by game commission agents. Disney spokesman Bob Mervine said that As far As he knows it was inc first such attack at the sprawling in Csc Park. We have a program for moving the alligators out when they arc in an area where guests Are but obviously we did \ move enough he said. It was the ninth Alligator attack in Florida this year the most in a Long Lime hid said. Pilots Quilty of Dpi Are still flying / f u Pittsburgh a As Many As 16,000 air plane pilots Are continuing to Fly even though their automobile driven licenses have been revoked or suspended for driving under the influence of drugs or alcohol according to a published re port. As Many As 1.000 of them May be commercial pills. The Pittsburgh press said sunday. A study by the inspector general s of fice of the department of transportation compared a list of 700,049 aviators with the names of 4 million motorists listed with the National Drivers registry As having their licenses suspended or revoked since i960 for driving under the influence. The study now being reviewed by the Federal aviation administration was called surprising and alarming by a department of transportation official who declined use of his name. Most of them Are private or business pilots but about a thousand Are class i. Or commercial pilots the Dot official said. According to the press the Faa has resisted department of transportation recommendations to use the Drivers registry As a Means of identifying pills Wilh drug or alcohol problems. Jon Jordan the Deputy Federal flight surgeon said it is entirety possible that a person could use alcohol and violate driving Laws but. They May have enough common sense to know that they should t do it when they Fly because in s a different Ball of  John Moulden the alcohol and drug program coordinator for the National transportation safety Board Dis agreed. To expect an alcoholic to somehow behave differently in the cockpit than he would while driving his car is too great an Assumption Moulden said. Nosb chairman Jim Burnett supports the use of the Drivers Register As a Means of identifying pills Wilh possible prob lems. La would be More valuable than any medical testing program i know of Bur Nett said. Burnett cited a Tennessee Accident where a cargo Pilot with a six year record of Dpi convictions crashed a twin engine plane into a Mountainside. The autopsy showed a High level of alcohol in the Pilot s blood. A. W. Gluten Gas Down 40 cents from a year ago los Angeles uf1 the average retail Price for gasoline Al self service stations has dropped to almost 40 cent below prices charged a year ago. A Survey released sunday shows. The biweekly Survey of 16.000 Gaso line stations by Trilby Lundburg also said the prices should continue to drop. The Price drop Overall Al the pump was almost 2 a cents and this drop was almost identical at wholesale and retail lev Els Lundburg said. Since there is a time lag this Means we can expect More drops around the country in the nest few weeks. The Survey conducted oct. 10. Found that regular leaded Al self service station sold for an average of 72.27 cents com pared to 77.51 for regular unleaded. Premium unleaded Al self serve pumps was 92.22. Al full service stations regular leaded sold for an average of 102.6 cents. Sands of time in the stars and stripes 40 years ago today. Oct. 14, 1946 Gen. Joseph w. Vinegar Joe Stilwell 63, commander of the 6th army in Burma during world War ii died of a liver ailment Al a san Francisco Hospital. Oct. 14, 1956 teen aged Elvis Presley fans almost hysterical pushing and screaming went on a two hour ram Page at the Kyle hotel in Temple Texas because they thought the Rock v Roll Singer was in the hotel. Screaming fan surrounded hotel guests who were mis taken for Presley s parents and his press agent. 20 years ago today. Oct. 14, 1966 the. 2nd . Cir Cuit court of appeals in new York upheld the constitutionality of a Law making in a crime to destroy a draft card 10 years ago today. Oct. 14,-1976 former Whitehouse counsel John Dean said that president Ford had a Rote although prob ably an unwitting one in the Early stages of the watergate cover up