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Article: BRIEFLY..WORLDWIDE
- Article from:
- THE JOURNAL RECORD
- Article date:
- June 20, 1987
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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Warner Found Innocent of S&L Charges ANN ARBOR, Mich. - Marvin
Warner was found innocent Friday of all federal charges stemming
from a 1985 savings and loan collapse that triggered a statewide
financial crisis in Ohio.
He was acquitted of all charges in an 18-count indictment
resulting from business deaings between Warner's Home State Savings
Bank and a Florida securities firm.
May Federal Deficit Largest of Year WASHINGTON - The federal
government ran up a $35.7 billion deficit in May, the largest
imbalance in a year, the Treasury Department reported Friday.
The deficit followed a record surplus of $38.7 billion in April,
the one month each year when the government is in the ...