European Stars And Stripes (Newspaper) - April 11, 1987, Darmstadt, Hesse Saturday. April 11, 1887 the stars and stripes pages where the jobs Are for computer Programmer in thousands employed per City new York Washington 0,c. Chicago los Angeles Boston Philadelphia san Francisco Oakland Dallas Minneapolis san Jose Houston Detroit a Nero Tribune pm proc sources u.b.1 eat Chaga Tribune my techno reps Rotnem technology creates jobs Reagan tells Purdue crowd West Lafayette ind. A president Rea Gan predicted thursday thai modern technology will provide million of Job adding thai american be intimidated by High tech developments. Speaking to students and faculty members at Purdue University Reagan pressing Bis Campaign to improve american competitiveness said the nation adjusted Well to recent economic changes in which older Indus tries sometimes gave Way to that about 113 million americans Are work ing rerun said technology is not the enemy of Job creation out its Parent the very source of our eco nomic dynamism and creativity Reagan was buoyed by an enthusiastic reception by hundreds of people at Purdue University Airport an said the crowd made him feel three inches he made a Short speech then walked Over an Shook hands and visited briefly with Young people mostly College students standing behind he motorcade route was lined with thousands of people As the vehicles made their Way toward the col lege t technology Center. Young men and women standing in front of fraternity and sorority houses hollered at Reagan As be passed by. After viewing a demonstration of computer assisted manufacturing techniques Reagan was Given a brass plated elephant named Gipper. Inside Mackay Arena Home of the Purdue boiler makers majorettes strutted and a brim band blared March music As a warm up for Reagan s , who left for los Angeles late thursday for the Stan of a 12-Day California stay has asked con Gress la enact a $9so million Job retraining program and other Steps including an casing of anti Trust Laws to help shrink the nation s is 70 billion Trade deficit. The trip is the president s second outside the Washington area this week. He travelled to Canada on Sun Day for two Days of discussions with Canadian prime minister Brian Murancy on Trade acid rain and other has been making More frequent trips in re cent weeks As he seeks to recover from the Iran Centra affair. In his speech at Purdue Reagan argued that govern ment regulation of the Economy produces failure not Prosperity while free Market policies achieve Success. The 1970s, he said were guided by the notion that government could manage Hie Economy by raising or lowering the level of of Pilot captures world record in 606-Pound ugly Quick Ling Dayton Ohio a an air Force Pilot flew to Dayton on thursday from Oklahoma in a Home built Sofr Pound aircraft called the ugly Quick Ling claiming a world record for straight line distance by a plane of its weight. Cape. Norman e. Howell 26, flew his experimental Craft about 780 Miles easily bettering the old record of 185,67 Craft made of foam and fibreglass was de signed by Burl Rutan. Me also designed the voyage aircraft that his brother Dick flew around the world in january to claim a record far non Stop flight with out refuelling. The voyager weighs 1,800 pounds. Well that was quite a ride seven hours of gut wrenching turbulence Howell said after friends opened his cockpit which had been taped shut to certify the record Rulan ought to be Happy. He. Designed this before he designed the voyager and it performed just As Well be said. Howell look off from Woodring municipal Airport in Enid at 9 18 . And arrived at Dayton International Airport at 4 55 . He said he planned to have his flight certified wit National aeronautic association and with the federation aeronaut que Nazionale in France. The old Dis Tance record for aircraft weighing less than 661 pounds was set in 1983 by Hojo Weldorn Roy of Ger Many. Howell who is stationed at Vance fab near Enid said he used about i i Gallons of the 13 Gallons of fuel he had on began building the aircraft which Cost him about $6,000, in 1981 while he was a Junior at the air Force Academy. He said he got the idea of Selling it record from an aviation Magazine in 1982.the plane is 14 feel Long with a wingspan of 16 feet 8 inches. It has a 25-horsepower, two Cylinder engine normally used in generators and Garden tractors. Howell said the plane weighed 606 pounds on take off about 90 pounds heavier than its design weight. Howe said he planned to Fly his plane Back to Oklahoma on Friday but would Stop along the Way. Human jukebox1 tones Down tunes san Francisco a the City has hit the reject Button on the automatic human Jukebox ticketing him for playing i left my heart in san Francisco too loudly. For 15 years crimes Poznikow 40, has worked the same downtown Corner inside his homemade wailing for passers by to insert Money and request a tune. The window would drop and Poznikow in wild tie and Fedora would pop up and play his beat up trumpet. Two weeks ago however hews caught with his decibels up while playing the Anthem of the City by the Bay Poznikow was 13 decibels too High when replayed i left my heart in san Francisco according to noise abatement officer William Arrietta. Arrinita said the manager of an office building had complained repeatedly thai weekend work ers could not concentrate with Poznikow playing from 10 . Until or time in the stars and stripes 40 years ago today. April ii 1947 officials said 152people died and hundreds were injured when a Tornado raked four towns i Texas and Oklahoma. 30 years ago foe a. April ii 1957 Moscow warned Middle East and african nations of the very dangerous consequences of allow ing . Military bases on their soil. Such bases would be targets in an atomic War said radio Moscow in a broadcast that reached Libya. Morocco Tunisia Saud Arabia Lebanon Israel and Turkey. 20 years ago today., april ii 1967 the Pentagon is sued its biggest draft Call of the year asking for the induction of 19,800 Menin june All for the army. The june Call compares with May s 18,000. To years ago today april 11, l�77 the coast guard seized a 273-foot soviet fishing trawler with a Crew of 93 for allegedly Takin More than one and a half tons of fish above its authorization. It was the firs such seizure under the new . 200 mile fishing zone limit. 3 Wall Street executives indicted for fraud new York. A three Wal Street executives were indicted thursday by a Federal grand jury for their allege parts in an insider trading scheme. The. Four count indictment charge Robert m. Freeman Richard b. Wigeon and Timothy a Tabor with conspiracy to violate Federal securities Laws mail fraud wire fraud and three counts each of securities fraud. Freeman Heads Goldman Sachs co s risk arbitrage department. Wigeon is a vice president at Kidder Peabody co. Tabor is a former Kidder Peabody arbitrageurs. The indictment did not name either company As a defendant. Tabor 33, of Manhattan was arrested feb. 11 Freeman 44, of Rye and wig ton 52, of Summit n.j., were arrested the next Day. All three have been free on Bond since february. The usual 30-Day deadline for indict ing a person accused of a Federal crime was extended by a . Magistrate at the request of defense and prosecution attorneys who agreed it would be in the bes interest of All parties said associate . Attorney Benito Romano. The delay is allowed under Federal Lawin Complex cases Romano said. According to the indictment Freeman allegedly swapped confidential corporate information Between june 1984 and Jan uary 1986 with Martin. A. Siegel then a Kidder Peabody vice president. Bot men had Access to non Public information regarding clients of their respective firms. Siegel pleaded guilty feb. 13 to violations of to and securities Laws. The securities and Exchange commis Sion charged in a civil action against Sie gel that he was paid $700,000 Tor Stock tips by Speculator Ivan f. Boesky. Siegel settled the Sec civil Case without admit Ting guilt or innocence. Boesky who reached a $100 million settlement with the Sec in a civil action has agreed to plead guilty to an unspecified felony count. Thursday s indictment charged that Siegel passed the inside information he received from Freeman to Tabor and Wigeon. And that Siegel Tabor and wig ton made trading decisions tar Kidder Peabody s risk arbitrage department with the information. Federal Taw forbids corporate executives investment Bankers and others with Access to confidential corporate in formal Ion from using it to Trade in securities. According to Federal prosecutors Nells. Cartusciello and John m. Scensny the conspiracy involved transactions inthe securities of several corporations engaged in takeovers and tender offers including nocal corp. And Storer communications inc. The three men were charged wit three counts of securities fraud on specific purchases of nocal options in kid Der Peabody s risk arbitrage account. The indictment alleged that Kidder Peabody and Goldman Sachs Freeman and members of Freeman s family earned substantial amounts of Money from the conspiracy. Tabor s attorney Andrew Lawlor said his client intended to plead innocent. I expect that at the conclusion of the trial he will be exonerated Lawlor said. Freeman looks Forward to pleading not guilty at his arraignment and we look Forward to going to trial and to or. Free Man s acquittal said his lawyer Paul j. Curran. Wigton s lawyer Stanley Arkin. Washout of his office and could not be reached for comment. There was no answer a Kidder Peabody s main phone number or Goldman Sachs Public relations department thursday evening
