European Stars and Stripes (Newspaper) - June 8, 1991, Darmstadt, Hesse                                Page 6 the stabs and stripes saturday june 8, 1991 Bridgeport Conn. Apr the City of Bridgeport on thursday sought Protection from creditors under chapter 9 of the Federal bankruptcy code the largest City Ever to do so. Mayor Mary Moran announced the action to an emergency meeting of the City a common Council on thursday night. A i come before you tonight with what is perhaps the most significant action in Bridgeport a history a she said. A a our fiscal crisis of Many years has been addressed this reverting in an unprecedented  she said Day to Day services would continue without disruption and jobs would be secure in the City of 142,000., 0. �?o-.7 a Moody s investors service said it had suspended Bridgeport s Bond rating which already had been the lowest investment Grade. The City has been struggling with multimillion Dollar deficits for the past few years. State treasurer Francisco l. Borges who chairs a state panel overseeing the City a finances said late thursday he Hadnot been notified of the bankruptcy fib ing. A but if the reports Are True then in a disappointed a he said. A bankruptcy is an pm prudent action a Borges said. _ apr. However i understand the mayors frustrations and the great financial distress of  Bridgeport located on Long Island sound about 60 Miles Northeast of new York City is a dying Industrial town dated with vacant factories and what Federal housing officials have called some of the most decrepit housing projects in the nation. Last year the City had the state s highest murder rate. Chapter 9 was rewritten during the 1970s, at the height of new York City a fiscal crisis to give municipalities Protection from creditors while they reorganized their finances. ,. Some smaller municipalities have taken Refuge under chapter 9, but Bridgeport becomes the largest City to do so said c. Richard Lehmann president of Bond investors association which tracks corporate and municipal Bond defaults. A i think its something we re going to be seeing More of because a lot of towns Are on the Brink a Lehmann said. There was a rash of municipal bankruptcy filings during the great depression though Lehmann  recall if any were larger than Bridgeport a. The school system in the san Francisco suburb of Richmond calif., for example filed for bankruptcy Protection in april. It is being kept afloat by state Aid under a court order. In addition several special taxing districts in Colorado recently sought Protection from creditors Lehmann said. Bridgeport has been struggling in recent weeks to come up with a balanced budget for the 1991-92 fiscal year. State Law required the City to submit a balanced budget to the Bridgeport financial review Board which state lawmakers created in 1988 to oversee the City a finances. Borges the state treasurer is its chairman ,. A a 7 a the Board was scheduled to meet Friday afternoon. Before the bankruptcy filing it had planned to review the City a budget and had been expected to impose its own budget if the City a Wasny to balanced. It was unclear thursday night How the financial review Board would respond to the bankruptcy filing. Boston apr a woman who works part time for the state achieved what 200 legislators and dozens of higher ranking Massachusetts officials have been trying to do for years she found Money a $489 i 11 Ion a without t raising  a v7. A a a Kathy bets 38, spotted a Federal Law passed in november 1990 that made it possible for the state to receive Federal Money for medicaid costs incurred by Massachusetts hospitals for free care provided to the poor. 7 gov. William f. Weld announced tuesday that $200 million of the Money had arrived and the remaining $289 million is expected Laier in the month the Bush administration which has its own deficit to Cope with did no to want to part with the Money but had no Choice. A at first my thought was it might be$80 million a said Betts who spotted the regulation in january. A that was what my initial proposal was a lets see if we can do it see what the Federal rules . The reimbursement will balance the fiscal 1991 budget leaving the state in the Black without the need for borrowing or new taxes for the first time in three years. Without the Money Weld said a $460 million deficit would have forced the state to shut Down some operations this month to save Money. A i think it shows the rest of the world that Par time mothers can do both and when i am at work i work very hard a Betts said. Betts who has worked for the state for about 10 years earns $14,000 a year in her part time Job As director of acute Hospital management under the depart mint of Public welfare. It is her Job to track Federal regulations such As the one. She discovered would provide Massachusetts reimbursement. Unlike most states Massachusetts has a system to Aid the uninsured with Hospital care. New York state has also applied for similar reimbursement under the Law. State governments have attributed much of their budget trouble to the rapidly rising Cost of medical care for the door. The Issue is a frequent flashpoint tween the state and Federal govern ments with each arguing that the other should carry More of the Burden. The governors recognition of Betts comes at a time when Many state workers Are under fire facing layoffs furloughs and cuts in state benefits. Weld plans to push for legislation to give Betts a $10,000 award for her Effort. The Money will go toward the College education of her two children Ages 2 and 9, Betts said. A a a a the Republican governor said he also proposed an ongoing incentive award program for state workers. A this is commonly done in the Federal government a. Weld said a and i think its Only Good business to Reward  bodies of 2 Florida students found Gainesville Fla. A the bodies of two Young women students were found Friday not far from the uni verily of Florida in Gainesville where five students were slain last summer to Liee said. A Quot Quot.  7 a a. 7 7 police said the deaths did not appear to be related to the murders that terrorized the City Iasi August but they did no to Rule but a connection. The women who Quot were apparently killed were students at the University As were four of the five students killed last year a spokesman a said. Quot / ,. A a 7. A a a a from sonic of the initial reports we be gotten it appears there Are really not any similarities with the murders of last year Quot said spokesman John Joyce of the Florida department of Law enforcement. A Early reports . Its not the same Type of crime scene.�?�. But he said it was too Early to be cer Tain the latest deaths had no connection with the earlier murders. The women were identified As Carla Marie me Kish Nic 22, of Brandon and Eleanor Anne Grace 20, fort Myers. Several of the students killed in August were mutilated and dismembered. The bodies of the two women found Friday were not mutilated Joyce said. They were found Friday by a male Friend about 7 . In an apartment Complex where Tiffany sessions daughter of a wealthy South Florida real estate Developer disappeared in 1989. Sessions was never found despite an intensive search led by her father Patrick sessions. The Complex also is in the same part of town where the five students a four women and a Man a were killed police said. The task Force investigating those murders sent investigators to the scene. The bodies of Sonya Larsen Christina Powell Christa Hoyt Tracy Paules and manual Taboado were found Between aug. 26 and aug. 28 last year. Their deaths set off one of the most intensive investigations in state history. Quot we Are treating it As a homicide a said Alachua county sheriffs Cut. Andy Hamilton of Quot fridays discovery. A this pfc being turned Over to the medical examiners office a we have no cause of death at this  summer school classes Are in session at the University. 7 police have not filed charges in the earlier slayings although they have named Danny rolling who is being held on other charges As the leading suspect. They also have not ruled out the involvement of a second  writer Sylvia Porter Dies by the new York times Sylvia in. Porter the author and newspaper columnist who gained wide readership by making business and financial news easy for the general Public to understand died at her Home in Pound Ridge . She was 77. She died wed lies Porter Day of complications of emphysema her husband James Fox. Said. Miss Porter who wrote More than a score of books on investment taxes and other economic subjects also reached 40 million readers through her column on personal finance. It was syndicated by the los Angeles times and carried five Days a week by 450 newspapers. From the mid-1930s, when her column began appearing regularly in the new York Post Porter specialized in reporting events of the financial and business worlds in terms that translated what she called their  in 1978, she moved her column from the Post to the daily news w Here it continued under the title a your  her arrival on the economic scene came at a propitious time the Public was slowly recovering from deep disillusionment with a Wall Street Community that Many blamed for plunging the country into the great depression. Although her books were published under her full name and she had been heard on radio it was not until 1942 that the Post changed the title of her column to Quot Sylvia f.  fir. A a the newspapers acknowledgement of her sex brought prominence on the lecture circuit and requests for articles from women a magazines and general period cals. In 1975 she published a Sylvia porters Money Book How to earn it spend it save it invest it borrow it and use it to better your  sold More than a million copies. Her most recent Book a Sylvia porters your finances in the 1990s,&Quot appeared last year and her last Book Quot planning your retirement a is to be published in september. V. A i to a sol t ,1s. J a. A t classic Getz a Tenor saxophone great Stan Getz whose Mellow tones conjured up visions of a the girl from pane May for millions of jazz fans died thursday. Getz 64, had been suf faring from cancer. Getz was recognized As an innovator of Cool jazz. With his own quartets and quintets he was a dominant Force in the jazz scene in the late 1940s and Early 1950s