European Stars and Stripes (Newspaper) - November 30, 1992, Darmstadt, Hesse Page 4 b the stars and stripes . Monday november 30, 1992 Thrift owner had dealings with senator on key panel new York a sen. Phil Gramm helped a troubled Texas Thrift operator Deal with regulators after the businessman picked up More than $50,000 Worth of building expenses on Gram Tny a Home the new York times reported sunday. The owners three savings and Loans collapsed in 1089, and their bailout will Cost taxpayers an estimated $200 million Federal regulators said. Gramm a Texas Republican is a member of the Senate banking committee which is overseeing the cleanup of the nation s savings and loan scandal. The collapse of several once prominent savings and Loans has Cost taxpayers billions of dollars. The Dallas businessman Jerry d. Stiles was a prominent Developer when he took on a building project for Gramm and his wife in 1987 after they bought 35 acres of property on Maryland s Eastern Shore the times said. The couple needed a contractor to finish construction on the Shell of a two Story vacation House the newspaper said. Stiles flew a Crew of workers from Texas to Maryland where they finished the vacation Home the newspaper said. He also put up $117,000 for labor materials and travel expenses to Complete the then asked Gramm to pay Only $63,000, which was the maximum amount the senator said he was willing to pay the times reported. Neither Stiles nor Gramm could immediately be reached for comment. A i do not believe for a minute that the work on my House was Worth More than i paid for it a Gramm told the times. He also said Stiles had not told him the Cost was nearly twice the amount he paid. Both Gramm and Stiles described the extra expenses As a Cost overrun the Developer had assumed voluntarily. After the Fri investigated the relationship Between Gramm and Stiles Gramm wrote a Check for the balance of the Money Gram plus interest the times said. But when the Senate select committee on ethics cleared Gramm of wrongdoing he kept the Money the paper reported. Stiles had bought the hallmark savings and loan association of Plano Texas in 1984. By 1989, regulators determined that institution and two other thrifts he owned were insolvent and overwhelmed with bad Loans. According to the times Stiles wrote to Gramm and visited him in his Washington office and Gramm advised him on Federal rules that would determine which savings and Loans would be allowed to remain open. Picking up the pieces volunteers work Friday at the site of the Church of the living cod on the Northeast Side of Indianapolis t he Church was destroyed by a Tornado nov. 22. Nearly 1,000 people turned out to help clean up the damage. Procrastinators delay Holiday of course new York ai1 once again world procrastinator s Day Lias arrived bringing Joy and. What a ih.u11 was Frida it Well no big Deal that a one of the great things about celebrating the Post thanksgiving Holiday a you can do it whenever Yui want. Or not do it at All. Quot on this Date we plan to Honor procrastinators everywhere Quot said Les wans president of the procrastinators club of America. How a by doing nothing of course. No Turkey no cooking. No cleaning. No Uncle Elroy and aunt Verna stopping by Lor a visit. In Short a True Holiday. In keeping with the lifestyle of procrastinators the put it Olf crowd had nothing to do with creating the Holiday honouring inertia. It was the brainchild of Calendar publisher Glen Yolofsky who Felt there was a need to spotlight the apathetic. Quot you a got Mother s Dav. You be got l Ather s a you be got Secretary s Day. There seven Bossy Day a nobody even likes those Guys Sholofsky said but Why Honor the procrastinator Quot in our own quiet determined Way we consistently put off actions that would otherwise Strain the world s already overtaxed Energy resources a Waas said. Lor example you won t find a procrastinator killing a rain Forest by taking Long automobile trips that pollute the air or wasting paper writing lengthy letters to friends. Lor Bolofsky there is a financial interest in the pm Era Sinator his company . Carroll publishing has unveiled its 1993 procrastinators Calendar. His marketing strategy Quot we Hope the persons Ling with the procrastinator w ill Huv the he had better Hope so because Waas has a different suggestion bum off that �?Ts"7 Model you never cot around to opening. After All the lunar Calendar repeats cd cry seven Cai. So its still Good Titan with secret payload lifts off from Vandenberg from wire reports Vandenberg fab Calif. A Titan 4 rocket carrying a secret government payload was launched saturday from this Central coast base officials said the rocket took off at 1 34 . From space launch Complex-4 East said a statement from Martin Marietta which builds the Titan 4. It was the sixth Titan 4 launch since 1989 and the third from Vandenberg. Three others have been launched from Cape canaveral in Florida. The Titan 4 is built at Martin Marietta astronautics groups launch systems in Denver and is used primarily to launch secret government chars California Island Bradford Island Calif. A fire on this sparsely populated Island burned at least 1,200 acres and continued to smolder sunday. Pushed by 29 Mph wind the Blaze began saturday and spread quickly through peat soil and tall vegetation including tule and Bamboo. A a it a burning peat. Its not like a regular wildfire. Its a wildfire above ground and a wildfire below ground a said Jack Crissman a firefighter from nearby Bethel Island. A it can pop up anywhere. It can Burrow in the soil for Miles and pop up in Timbuktu a he said. The Blaze charred More than half the 2,000-Acrc agricultural and recreational Island about 40 Miles Northeast of san Francisco. Residents used Garden hoses and farm equipment to wet and beat Down vegetation near their Homes after the fire broke out. Mushy peat soil prevented firefighters from taking heavy equipment off the islands few dirt roads. Three boats were used to assist the Battle. No injuries were reported. The cause of the lire was not official sentenced Denver a the former owner of failed Silverado savings amp loan was sentenced to six months in prison for illegally diverting s100,000 in Silverado Money. . District court Jim Carrigan sentenced w. James Metz to two years Friday but suspended is months of the sentence Carrigan said he would recommend that Metz serve the remaining six months in a minimum Security prison Camp near his Home. Metz the first executive convicted in the Thrift is billion collapse had faced a maximum penalty of five years in prison. He escaped a More severe sentence by pleading guilty and agreeing to cooperate with prosecutors. Metz is expected to be a key witness against Silverado a former chairman Michael Wise when he goes to trial feb. 1. Wise was indicted on multiple charges of illegally diverting $500,000 in Silverado Money to refurbish his mansion and pay off the mortgage on another luxury Home exec helps end Bank heist Quincy Iii. A a Bank executive who faked a heart condition during a robbery was praised by police saturday for using Quick thinking to help end a six hour hostage standoff that took place after one person was killed. Louis Mcclelland said the ordeal began monday when a Man in a ski mask entered town amp country Bank waving a Shotgun. Police said the robber killed a bystander minutes later and look nine people hostage. None of the hostages was Hurt police said saturday. Mcclelland the Bank a executive vice president tried to convince the gunman that if he gave himself up together they could sell the movie rights to the Story and achieve Fame and Fortune things he said the Man seemed to want. Mcclelland told the gunman he had an attorney Friend who could help. Quot he told me head watched the movie Point i Rcd 2u-some times in the Days before the Holdup a Mcclelland said. Quot he asked me if i thought the robbery would make the Mcclelland said he faked a heart condition and told the gunman that no one would help make a movie if Mcclelland dropped dead. After nearly 0 hours the Man gave up and walked out of the we Central Illinois Bank where he was surrounded by of tigers and disarmed. David d. Cousins 22, was arrested on Bank robber barges. Police would not disclose w Hether they planned to Eck a murder charge against Cou a
