European Stars and Stripes (Newspaper) - September 21, 1990, Darmstadt, Hesse Page a a a the stars and stripes Friday september 21, 1990keating seeks reduction of $5 million bail los Angeles apr lawyers asked a judge thursday to reduce the $5 million bail for Charles h. Keatingjr. A Central figure in the nations saving and loan scandal characterizing him As a pauper who wont flee. The former american Continental corp. Chairman sat in Superior court with three co defendants As lawyers argued that he would have trouble financing his defense against numerous cases stemming from the s2 billion collapse of Irvine Lincoln savings the 66-year-old Arizona Developer surrendered to los Angeles county prosecutors tuesday to face a 42-count grand jury indictment and judge Gary Klausner surprised even prosecutors by setting the bail at s5 million. The bail reduction hearing also sought cuts in the is million bails set for Judy a Wischer 42. Former president of american Continental Ray c. Fidel. 32, former president of Lincoln and Robin s. Symes 37. Former chief executive officer of Lincoln. Klausner look no immediate action on the defendants requests. Keatings lawyer. Stephen Neal told the judge that during the last 16 months Keating has had Quot a myriad of civil a at All times Charles h. Keating has made himself available a Neal said. A emr. Keating has never failed to appear at any the indictment accuses the defendants of misrepresenting the safety of american Continental junk Bonds sold at Lincoln branches. All told More than 20,000 investors Are believed to have lost $250 million on the securities. Most buyers were elderly. Many lost life savings when Lincoln was seized american Continental wound up in bankruptcy court and the Bonds became virtually worthless. Neal called bankruptcy lawyer James Feder As a character witness to testify that Keating is broke and unlikely to flee. Feder is a bankruptcy lawyer for american Continental the Phoenix holding company that Keating controlled and which owned Lincoln savings. Feder said that All of american Continentals private Fleet of air planes has been sold that the proceeds went into the company a bankruptcy fund and that Keating has no aircraft and received none of the Sale Mono. He said Keating has repeatedly stressed his desire to defend himself against All charges and has known he is a target of criminal and civil proceedings. Prosecutors seeking to discredit Feder tried to show that Keating and his family May still own considerable amounts of american Continental Stock. In negotiating Keatings surrender prosecutors had told the defense the bail decision would rest with the judge. But they indicated they believed $1 million would be appropriate for Keating and $50,000 for the others. District attorney Ira Reiner said after the Surprise bail setting that he was Happy with either the $1 million or $5 million for Keating. Keating became a prominent Symbol of the nations a amp a failures because of his lavish personal habits willingness to make risky investments using taxpayer insured Money and the estimated $2 billion Cost of bailing out Lincoln. He is also under investigation by a Federal grand jury in connection with his alleged looting of Lincoln he faces a slew of civil actions including a $1.1 billion racketeering Case filed by the Federal Thrift bailout Agency. Many in . Responding to cholesterol message needing a big lift a Tittle to to ghz with the gang undid this pachyderm in a pick erf trouble. Tunba. I 19-Yeir-om elephant at the Park Zee in Portland Ore was pushed into an 8-Rfwt-Dee-p while playing with other elephants wednesday. It took mors than three hours before t pair erf crocks and a feast Orf zoo workers cow id Trail the Uco pm fold Amaul a a a. A a tiered train squealed with Delight pea release zoo keepers said. By Ken sugar Atlanta up a the number of americans who know their cholesterol level More than tripled Between 1987 and 1989. Indicating education programs about the artery clogging substances health dangers Are working researchers said thursday. However certain groups including the poor smokers Young adults and the Lazy need More prodding the Federal centers for disease control said in its morbidity and mortality weekly report the Atlanta based Agency said the me Duan proportion of people Over 18 who knew the level of cholesterol in their blood jumped from 6 percent in 1987 to 21 percent in 1989. The cd said in an update on cholesterol awareness in 39 states and the District of Columbia. The proportion of adults who have had their cholesterol level checked during the same two year Span Rose from 47 percent to 5-6 percent the percentage who had their cholesterol checked in 1989 ranged from a Low of a percent in Alabama and new Mexico to a High of 64 percent in Connecticut the cd said. The percentage who knew their cholesterol level ranged from 12 percent in the District of Columbia to 33 percent in the state of Washington. While the general population is heeding warnings to watch Cho Sterol Levels some groups at highest ride for heart disease a smokers sedentary people and the poor a Are behind m their efforts the report said. A the general Good news is that cholesterol screening and awareness have in creased substantially Over the past three or four years a a said or. Robert an a a cd epidemiologist who co authored the report a unfortunately it appears that some groups of individuals Are lagging behind. Specifically younger people people from lower socioeconomic groups and people who Are sedentary or Are the National cholesterol education program recommends that people 18 and older have their cholesterol level measured at least once every five years and take Steps to lower the level if it reaches the danger zone. The cd recommends a level of below 200 milligrams of cholesterol per Decilier of blood and warns that a level of Over 240 is dangerous. High cholesterol Levels Are considered a risk Factor for the development of heart attacks and strokes because the fatty substance can cause arteriosclerosis or hard ening of the arteries. The Federal health Agency said it was concerned about the Low proportion of Young adults who knew their cholesterol Levels or had been checked. The report said that in last years Survey Only 12 percent of the 18-34 age group knew their level and Only 37 percent in the age group had been tested. A the lower level of cholesterol testing and awareness among the youngest age group is of particular concern a the cd said. A considerable evidence suggests that Arterio Derosis is present by Early adulthood and that Early arteriosclerotic lesions May be related to elevated cholesterol Levels during childhood and misses $1.1 million payment for shuttle Neav York capt a Developer Dock d j. Trump has tiled to Mike i s1.1 million lean payment foe the Trump Cuttie my is seeking to reschedule s245 Mil concluded i s65 Bank bailout crucial to keep. T -1 r inc or parts of his Empire Hoar the Wall Street journal reported that Trump and two sides me wednesday with from Citibank asking it to restructure debt payments on the shuttle. The Iirene Prendes service on the Boston new York Wisi Motoc corridor. Stephen by Senisch. The Trump organization s chief financial officer confirmed that the meeting had occurred and said Bank officials a hive been very encouraging so far in helping us through these problems Quot he said Trump had failed to Maire a Markn payment that came due in the pass few Days. He declined to say whether that payment would be made. Quot its Tew Early to get into a discussion of terms of the restructuring Quot he said. The journal said Trump was expected to my the payment but wj3 probably he unable to keep up with payments estimated it about s50 Muon due in the sent 12 months. H e said Citibank discussed the requested Resche Dud meet next week. Mamer. Bocc catch said the primary reason for the req Oess de rescheduling was the Northeast s depressed wooo Orty which has fed to a Sharp dec Rioe m traffic Rayj Revenue on the shuttle route. A the whole Market is Down a he said referring t both tie Trimp shuttle and its main competitor to pan am scuttle. La addition he said the Cost of fuel has a More tha doubled since Early summer. Fuel prices have Soare in the Wake of iraqis aug. 2 invasion of Kuwait which raised the risk of a Supply disruption from the Region. Bar Laibach said that shuttle managers Are opera tit the airline efficiently and that the Hanks Are being to the shuttle became unprofitable for reasons a total outside of management a the Loans on the shuttle were not included in i Chis Sims that cd last month to the $65 million bar bailout on shout is trillion of Trump 52 billion bar debt. Bot Knabach said. The $245 million in Loans was part of the Mons Trump borrowed to buy the shuttle from Eastern Ai bees for $365 million in 19s9
