European Stars And Stripes (Newspaper) - October 10, 1988, Darmstadt, Hesse Monday october 10,19b8 the stars and stripes Page 5 Gao checking mafia link in so failures Houston a the general accounting office is investigating possible organized crime involvement in nationwide savings and Loans failures a newspaper reported saturday. Sources Clow to the Gao. The primary investigative Arm of Congress old inc Houston Post an investigation should be completed by january. The newspaper did not identify the sources. The newspaper also said a congressional committee would probably begin hearings after the report is completed. The Gao s investigation was prompted in part by newspaper reports about reputed mob associates Herman k. A Cebu or and Mario Ronda and heir connections to thrifts and to each other. The Post said. Bebic. Who is serving a one year prison sentence for Bank fraud had connections to 12 failed Texas savings and Loans. A cube is alleged Orleans mafia Boss Carlos Maroelli and the Post reported ties Between Beebe and Renda a new York Money broker who allegedly is associated with the Cambino and Lucchesi crime families in new York. Ronda who has been convicted of Bank fraud in Kan Sas cily to. Florida and new York brokered deposits Inlo at least six of the failed Texas thrifts a cube was connected to including Mainland savings association the largest Thrift in Houston to fail. A cube helped the owners of at feast four of inc failed thrifts to b by the institutions and did business with Al least eight other failed savings and loons according to a 1985 . Comptroller of the currency report on a cube Law suits filed by the failed Thrift s Federal receiver and Beebe s associates. Officials with the Justice department and the Federal savings and loan insurance corp. Have alleged that Beebe and Renda used their connections to savings and Loans to arrange Loans for themselves and their associates. The Loans Taler went bad and contributed to the failures of the thrifts he paper said. Federal investigators Are now trying to determine if those connections mean that be be and Ronda were part of a larger Ca a piracy by the mob to control and loot savings and Loans across the country said officials with inc Justice department organized crime strike forces in Texas and new York. Dear diary Jean walk Chi 1989 pocket diary or went to three shifts to satisfy inc demand banners at the All Entov a head Quad for the diaries As the company s busiest ices of Day timers inc., which recently season guts under Way. Tentative Accord reached in 100-Day shipyard strike Groton Conn. A negotiators for electric boat shipyard and us work ers reached a tentative contract agreement saturday the 100th Day of a walkout by 10,000 submarine builders. Union negotiators had unanimously endorsed the company s latest contract proposal said Joseph Messier president of the Metal trades Council. Neither Side would discuss details of the con tract on which Union members will vote tuesday. Electric boat is the Navy s sole pro Ducer of the giant Trident nuclear sub marines and competes annually with the Newport news a shipbuilding & dry Dock co for contracts to build the smaller. Ssn-68s fast attack subs. The Iclal trades Council which rep resents about 10,000 Blue Collar workers in about a dozen unions had said it wanted a three year contract with 4 per cent raises in at least the second and third years More than 1,500 of the original 10,000 striking workers have crossed picket lines and resumed to work. The shipyard has remained open during the strike and some replacement workers were hired. Electric boat employs 18,000 workers at the Groton Plant and another 6,000 at its North Kingstown r.i., facility. The Rhode Island workers Are not unionized and did not strike. Pilot crashes near air show harl1ngen, Texas a a re tired airline Pilot was killed saturday when the Vintage combat plane he was flying crashed minutes after making
