February 10, 1989 |
A national housing advocacy group sued the Federal Home Loan Bank Board on Thursday, charging the thrift regulatory agency with failing to produce information about the proposed sale of six failing savings and loan firms last fall. The lawsuit was filed in federal court in Dallas by Acorn, an activist group known formally as the Assn. of Community Organizations for Reform Now. In a press release, the plaintiffs emphasized that the public has a right to know about such deals if U.S.