European Stars and Stripes (Newspaper) - December 18, 1991, Darmstadt, Hesse Page 4 the stars and Stripe wednesday december 18, 1991governor. 11 others faces amp a suit gov. Fife Symington Phoenix apr Federal regulators sued gov. Fife Symington and 11 other former officers of a failed savings and loan monday alleging their negligent mishandling of the business Cost taxpayers millions of dollars. The Resolution Trust civil lawsuit parallels an Fri criminal investigation into the 1989 collapse of Southwest savings amp loan. The lawsuit filed in . District court Here seeks $140 million in damages from the former officials and eight of their wives. Southwest a collapse is expected to Cost taxpayers As much As $941 million. Questions about it had dogged Symington a Republican who was a real estate Developer before his election Early this year throughout his Campaign. The lawsuit had been Long expected against Symington who has worked to heal political wounds in Arizona stemming from the 1988 impeachment of gov. Evan Mcacham. Symington spent 12 years on South West a Board before resigning in 1984. The lawsuit accuses him and the others of Gross negligence and breach of fiduciary duty. It says they made imprudent Loans failed to comply with standards for appraisals and had conflicts of interest involving former Board members. Symington refused to respond personally but his lawyer James Vieh denied the allegations. He blamed the lawsuit on a dirty politics by the Etc which he maintained consists of bureaucrats who have to show Congress they Are bringing someone to account for the savings and loan mess. The 56-Page lawsuit details what it Calls the mishandling of seven specific real estate projects which it said Cost Southwest $140 million. The Only one in which Symington was specifically included was the Camelback Esplanade project an office hotel and retail Complex in Central Phoenix that he developed. Symington was a member of the Thrift s Board in 1983 when it approved spending More than $31 million to buy the land that was to become Camelback Esplanade. Symington did no to vote but did make a presentation to the Board on the matter. Etc accountants say that when interest costs Are included the Deal Cost Southwest a and ultimately the Taxdal ers a $38 million. Vieh said a i think the record will show that there was no improper profiting. This was an enormous project a Well done project. The it Are some Beautiful buildings out Terry Goddard the former Phoenix mayor who lost the gubernatorial Runoff had accused Symington during the Campaign of impropriety in his tenure on the Southwest Board. He said the lawsuit was a much what we expected during the Campaign. It just took them a while to put the pieces child labor Laws broken by Kerrey owned eateries Washington a a restaurant Chain founded and partly owned by democratic presidential candidate and sen. Bob Kerrey was to be cited tuesday for 116 violations of child labor Laws a labor department official said monday. The official speaking on the condition of anonymity said most of the violations in the eight restaurant grandmothers inc. Chain in Nebraska involved letting 14 and 15-year-Olds work Loo Many hours a week or too late at night. Five of the violations however involved teen age a working in hazardous occupations such As a chef or with hazardous equipment such Power driven meat slicers and dough machines the official said. No injuries were reported. The departments wage and hour division proposes fining the company a total of $64,000, the official said. Kerrey d-ncb., and his brother in Law Dean Rasmussen founded the Chain in 1972. Although he now plays no Active role in its management Kerrey is still listed As chairman of the company. Kerrey is paid $5,000 a year As a director and owns 35 percent of is Stock valued at Over $1 million according to his financial disclosure statements. Steve Jarding a spokesman for Kerrey said the senator was advised by Rasmussen about a month ago that a labor department audit had found a a lot of violations a of child labor Laws. Rasmussen is married to Kerrey a sister. A sen. Kerrey a response was that if the violations Are legitimate do whatever you have to rectify the situation a Jarding said. A Dean said he had done a Call to Rasmussen a Home in Nebraska reached an answering machine. But he told the Washington Post that he was a clearly at a a you re talking to a very embarrassed businessman with egg All Over his face a the newspaper quoted Rasmussen As saying in tuesday editions. The official said the investigators out of the department s regional wage and hour division office in Kansas City a did not know that Kerrey had any ownership in the Chain. According to Federal child labor Laws workers under the age of 16 Are not allowed to work More than 18 hours a week during the school year or before 7 . Or later than 7 . During school vacation periods they May work up to eight hours a Day and 40 hours a week but May not work later than 9 . Skinner confers with Bush Houm chief i Quot the Oval office with Sam Skinner the new Whit. With Whit Quot in a began is to Nure 88 White How a a Chier of staff Monda with what one aide described As a a a teamwork speech to the presidents senior senator pleads guilty Sacramento Calif. A a former state senator pleaded guilty monday to Federal corruption charges. Alan Robbins admitted he accepted bribes in 1986 from corporate clients represented by Clay Jackson a lobbyist and from Ron Gordon president of Sentinel insurance. Robbins also said former state sen. Paul Carpenter tunnelled $27,50 1 to him from Jackson. Carpenter is tree on a 1990 corruption conviction pending Appeal. Robbins said he collaborated with state coastal commission member Mark Nathanson in extorting $250,000 trom Jack Yuiman a Southern California Developer. Robbins 48, was released pending sentencing March 2. The Democrat is the third former member of the state Senate to face corruption charges stemming from an Fri probe begun in the 1980s. Bush rating lowest of term poll find and a. Washington a president Bush a approval rating has slipped to the lowest level of his presidency driven Down by doubts Over his handling of the Economy according to a new Washington Post Abc news poll. Bush s approval rating has fallen to 47 percent according to the Survey published in tuesday editions of the Washington Post and was reported monday night on the Abc world news tonight television program. Six weeks ago 59 percent of americans approved of the Way Bush was handling his Job according to the Washington Post Abc news poll. The report said that concern Over jobs and the Economy appeared to account for the decline. The poll surveyed 1,512 randomly selected adults and was conducted dec. 11 through dec. 15. The margin of sampling error was plus or minus 3 percent in the poll conducted by Chilton research of Radnor a. Nearly nine in 10 of those polled characterized the Economy As a not so Good Quot or just one in 10 called the Economy a a Good or roughly half of those questioned in a june poll approved of Bush a Handlin the Economy. Only one in four said in the latest Survey. About two thirds of americans i proved of the Way Bush is handling i lems a there at Home a according to polls. It said 75 percent expressed View that he a spends too much time foreign problems and not enough Limi problems in this about three in five or 58 percent Bush cared More about serving wealthy than serving the Middle cd that was an increase from 48 percen october. Oklahoma governor s son in coma after overdose Oklahoma City a gov David Walters said monday doctors worked a Miracle to keep his son alive Attar police found him unconscious from a drug overdose. Shaun David Walters 20, lapsed into a coma monday and was in critical condition at Baptist medical Center after taking too much of the antidepressant a or said or. David Vanhooser. Police found Walters slumped Over in his car sunday. Last w Eek Walters pleaded no contest to a Misdemeanour charge of possessing drug paraphernalia. He got a six month deferred sentence was fined $300 and ordered to perform 40 hours of Community service. Vanhooser said he was Uncertain of the Long term prognosis of Walters we remained on a ventilator. The governor thanked doctors we spent 15 hours working to keep his so alive. A i said they worked a Miracle a the governor told reporters. A now we Nee another Miracle a we need Shaun i Wake up and to begin to breathe on h own a
