Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Wednesday, August 12, 1987

You are currently viewing page 6 of: European Stars and Stripes Wednesday, August 12, 1987

   European Stars And Stripes (Newspaper) - August 12, 1987, Darmstadt, Hesse                                Page a the stars and stripes wednesday. August 12, 1987 Reagan signs providing so Washington a president Reagan signed into Law monday legislation to pump 110.8 billion into the troubled savings arid loan Deposit insurance fund even though he complained that portions of the comprehensive banking Bill Are anti competitive and anti  legislation capped a two year Effort to provide Relief for the country s savings and loan Industry which includes hundreds of insolvent institutions los ing an estimated total of $10 million a Day for Lack of Federal Money to close them and pay off depositors. The competitive Equality banking act will allow the depleted Federal savings and loan insurance corp., the fund that insures deposits in j.200 a is to borrow up to si0.8 billion Over the next three years to subsidize the takeover of failings is by healthier institutions. The Law also institutes new requirements that con Sumers gel their checks cleared quicker bans creation of new fim led service Banks and imposes a moratorium until March 1 on granting Banks authority to expand into areas such As insurance Recai estate and securities underwriting. Reagan had repeatedly threatened to veto the legis lation calling the fsl1c Rescue fund insufficient an objecting to other pro visions that blunted the administration s banking deregulation efforts. However Treasury Secretary James Baker Iii banking act Rescue fund reached an 1 Ullh hour Compromise with congressional leaders. Administration officials were concerned that protracted veto struggle could have triggered a Cansis of Confidence in the savings and loan Industry. Reagan signed the Bill during a ceremony in the Oval office. In a statement he praised the Rescue package for avoiding a taxpayer bailout or the Sal Industry but he attacked other sections slowing Der  new anti consumer and  provisions would hold Back vital service Industry at time when Competition in the International capital markets increasingly Challenge . Financial institutions and they should be repealed he said. Both the House and Senate passed the Bill the first comprehensive banking legislation in five Yean by lopsided votes last wee Lone noticeable Benefit to Consumers is a require ment for faster Clearing of depositors checks. The legislation requires ban Kylo make funds available to depositors for checks written on local Banks Ader two intervening business Days starting in september 198s, and after one intervening business Day starting in 1990.Banks would be Able to bold funds for checks writ ten on out of town Bant for a maximum of six inter vening business Days starting in september 1988 and four intervening business Days in 1990. Soviet scientist granted Asylum in . Seattle a a soviet scientist who defected last week after his research ship docked at Aberdeen wash., has been granted Asylum in the United states immigration officials said monday. Pirn Carrozza assistant District director with the immigration and naturalization service said Asylum was granted late Friday one Day after Dmitri Vino re Dov 30, left his comrades at a shopping mall. Fri spokesman Joe Smith said Vinogradov is being assisted by local residents. A lawyer Dan Danilov said monday be had been told by an Fri agent that Vinogradov probably would Fly with an Fri agent to Washington d.c., on tues Day to appear at the soviet embassy to say he sought Asylum As a free and voluntary  Danilov said he was told by an agent that Vino re Dov was slaying at a Seattle Home his eventual plans remained unknown and that he did not yet want to talk with reporters. He also said he had not been contacted by Vino re Dov though member of the Congress of russian americans had hired him As their envoy to offer a Home Job and Church affiliations. Vinogradov entered a restaurant in Olympia waving a Small american Flag after leaving other soviets visiting the Washington slate capital thursday. He struck up a conversation with a restaurant Patron who eventually helped Vinogradov Contact american offi  research vessel babe ask had docked at Aber Deen earlier in the week after a two month trip in the Bering sea. Vinogradov a zoologist said the ship was about to return to the soviet Union. Dog mistaken for pit Bull shot by cop new Berlin wis. A police officers who thought they were confronting a vicious pit Bull Temer ended up shooting and killing a dog that its owners claim Wasj Worth s 1,000. I am just sick said Joanne Smolan who was taking care of the 10-month-Oldshar-pci for her Daugh Ter. I Arnist sad about the Way they go about catch ing dogs. Their Only weapon is a gun. Even if it was another dog a 115 must you Don t kill a dog because you can t catch  new Berlin police it. Thomas Jacomet said Mon Day a preliminary investigation indicated that the offi cers had acted properly. In certainly looks like they were justified in doing it Jacomet said. The dog was running Loose in the area of a Hospital and foaming at the Mouth. Of the hundreds of animals we handle each year we have to shoot Only one or two he said. Shooting an animal is the last resort. 1 Don t think there s any officer that likes to do  foaming at the Mouth is often a sign of rabies but Semotan said Shar Peis drool constantly. Shar Peis Are distinguished by their extremely baggy wrinkled skin. Pit Bull Torriere have smooth skin Short hair and larger broader Mouths. About 15 minutes after police received Semotan s Call Friday that the dog was missing they received a Call from another person about a pit Bull Temer seen foaming at the Mouth and running Loose. When police spoiled the Shar pc near the Hospital they said the dog ran in the direction of a Young woman walking through a parking lot. The officers said they believed the dog was the pit Bull and cornered it outside a residence where Cpl. Gregory Erdman shot the dog twice with his 12-gauge Shotgun. Gripes about airlines show big increase Washington a the transportation department says the number of consumer complaints about . Airlines in july totalled 5,995, More than a sixfold increase Over the number registered in the pre Vious july. Continental and Northwest airline Drew most of the complaints the department s consumer affaire division said in a summary released monday. There were 932 complaints against . Airlines in july i9s6 the department said. The department received 2ss complaints about foreign airlines com pared with 91 in july of last year. Most of the comply into involved flight problems. Baggage handling received the a Cpd largest number. Continental was the most criticized airline with 1,541 complaints filed. Of those 613 involved fjigb.1problems, while the rest were about tales reservations fares baggage customer service refunds or other categories. Northwest received 948 complaints with 522 about flight  complained almost As much about East Ern airlines wild the department receiving 849  airlines that received a volume of complaints were United 515 Twa 471 american 339 and pan american world 287. Continental also was the airline Riih the highest number of complaints per 100,000 passengers a 46 complaints. Northwest followed with 38 pan am 26 Twa 22 and Eastern. 20. The division noted complaints continue to come in dramatically higher numbers this year in part because of the Large number of airline mergers. Nearly 70 per cent of the Industry has been involved in mergers and acquisitions. Stateside Vance in . Hospital after suffering Chest pains new York a former Secretary of stale Cyrus Vance was resting comfortably Early tuesday after being admitted to mount Sinai Hospital with Chest pains a Hospital spokeswoman said. Carolyn Yordan said the 70-year-old Vance was admitted to the cardiac unit monday for tests and observation. She said doctors do rot believe he suffered a heart attack and expect to release him in a Day or so. He had some discomfort in his Chest she said. That s really All he  at the time he Felt the pain Vance was in the Hospital visiting his wife Grace who is recovering from orthopaedic surgery Yordan said. Mrs. Vance is doing Well she said. 2 men killed by lightning while swimming in Florida fort Myers Beach. Fun. A Light Ning struck and killed two men at a county Park Beach monday afternoon authorities said. A sheriffs Deputy near the area said he saw the Flash and heard the bang said fire capt Doug Desmond. He knew it was close. It jolted him the two men believed to be in their mid-20s or late 20s, apparently had been swimming be fore the lightning hit Desmond said. Bystanders carried the men to the Bathhouse and began cardiopulmonary resuscitation be said. Both were in cardiac arrest on the scene. They were taken to the Hospital and pronounced dead Desmond said. Authorities were unable to immediately identify the men because they weren t carrying identification said Lee county sheriffs it Kenneth erne. Rep. Dingell of Michigan receives artificial left hip Washington a rep John d. Ding Ell d-micn., underwent successful surgery Mon Day at Georgetown University Hospital to re place his left hip which suffered damage stemming from an old skiing injury. Dingell 61, the Tough no nonsense chairman of the House Energy and Commerce committee is expected to be hospitalized for 10 Days to two weeks. His aides said Dingell would be Back artwork when Congress returns sept. 9 from la summer recess. Dingell whose committee has been investigated in Ater e a rec Vecial hip would be made in the United stale of the highest Quality materials. 2 delivery men Hurt when Gas cylinders burst Clarksville ind. A two delivery men unloading propane cylinders at a Colgate palmolive factory were injured monday inc Nice Gas containers exploded starting fires and forcing the Plant to shut Down for More than in hour. The injured men were taken to Humana hos Pital University in Louisville ky., across we Ohio River. A Hospital spokeswoman Laid the Ould not release their conditions until their families had been notified. Charles Williams an ambulance Driver who took the workers to the Hospital said they tul Fred serious bums. The explosions knocked out Power Are forced evacuation of 1,100 employees Plant Ainali said. Employees who worked in the Are or the explosions were sent Home while others re Lumen to work. Police maj Richard Miley said several trucks were damaged but he did not know if any Struc Tures were damaged. Company official did nol have a damage estimate monday  
Browse Articles by Decade:
  • Decade