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Fernand J St Germain

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NEWS
November 1, 1988
The House Ethics Committee is reviewing evidence turned up by the Justice Department of "serious and sustained misconduct" by Rep. Fernand J. St Germain (D-R.I.), chairman of the House Banking Committee, court papers indicate.
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BUSINESS
November 15, 1988 | Associated Press
The expected selection of Rep. Henry B. Gonzalez (D-Texas) as chairman of the House Banking, Finance and Urban Affairs Committee may further fragment an already divided panel and delay a solution to the savings and loan crisis, analysts say. Gonzalez, a hot-tempered, outspoken maverick, is considered the most likely successor to Rep. Fernand J. St Germain (D-R.I.), who was defeated last week in his bid for a 15th term.
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NEWS
August 6, 1987 | Associated Press
The House on Wednesday rejected a move by conservative Republicans to reopen the ethics committee investigation of the finances of Rep. Fernand J. St Germain, chairman of the House Banking Committee. The measure was defeated 291-111 largely along party lines as a lone Democrat joined 110 Republicans in support of the measure. Fifty-one GOP members voted against the resolution. Republicans led by Rep.
NEWS
November 9, 1988 | SARA FRITZ and WILLIAM J. EATON, Times Staff Writers
Bucking a strong GOP tide in the presidential election, Democrats on Tuesday ousted two incumbent Republican senators and apparently strengthened their Senate majority--a gain that could lead to stalemate between the 101st Congress and President-elect George Bush. And in the House, Democrats also appeared to have achieved a slight increase in their already substantial majority. According to NBC News, Democrats gained two new seats in the House, giving them a 259-176 margin over the GOP.
BUSINESS
November 15, 1988 | Associated Press
The expected selection of Rep. Henry B. Gonzalez (D-Texas) as chairman of the House Banking, Finance and Urban Affairs Committee may further fragment an already divided panel and delay a solution to the savings and loan crisis, analysts say. Gonzalez, a hot-tempered, outspoken maverick, is considered the most likely successor to Rep. Fernand J. St Germain (D-R.I.), who was defeated last week in his bid for a 15th term.
BUSINESS
September 9, 1988 | ROBERT A. ROSENBLATT and TOM FURLONG, Times Staff Writers
Treasury Undersecretary George D. Gould, clashing with members of the House Banking Committee, said Thursday that financial regulators' use of $10 billion in notes to prop up failing savings and loan associations is supported by the full faith and credit of the United States. "It was never the intent of Congress to give an open checkbook to any federal agency," responded an angry Rep. Toby Roth (R-Wis.).
NEWS
April 12, 1987 | From the Washington Post
The House Ethics Committee has found no wrongdoing by Rep. Fernand J. St Germain (D-R.I.) in connection with allegations that he became a millionaire with help from several people he aided officially, the panel's confidential draft report says. The draft found instances in which the chairman of the House Banking Committee failed to report properly his assets on financial disclosure forms or undervalued them by as much as $1.5 million.
NEWS
November 9, 1988 | SARA FRITZ and WILLIAM J. EATON, Times Staff Writers
Bucking a strong GOP tide in the presidential election, Democrats on Tuesday ousted two incumbent Republican senators and apparently strengthened their Senate majority--a gain that could lead to stalemate between the 101st Congress and President-elect George Bush. And in the House, Democrats also appeared to have achieved a slight increase in their already substantial majority. According to NBC News, Democrats gained two new seats in the House, giving them a 259-176 margin over the GOP.
BUSINESS
May 4, 1988 | ROBERT A. ROSENBLATT, Times Staff Writer
Accusing federal regulators of secrecy and stonewalling, House Banking Committee Chairman Fernand St Germain (D-R.I.) said Tuesday that he will press his investigation of the Federal Home Loan Bank Board's campaign to find a buyer for crippled Financial Corp. of America. An angry St Germain said the bank board, in its eagerness to find a buyer, had been persistently ignoring his requests for information about Irvine-based FCA.
BUSINESS
September 8, 1988 | ROBERT A. ROSENBLATT, Times Staff Writer
M. Danny Wall, chairman of the Federal Home Loan Bank Board, is a man who loves to write notes--not little "thank you" messages but formal promises to pay big bucks to ailing savings and loan associations. Wall's agency has already poured out $9.7 billion in notes to strengthen the balance sheets of insolvent S&Ls, and on Monday it promised another $500 million as a key element in its complex rescue plan for American Savings & Loan, the nation's second-largest thrift.
NEWS
November 1, 1988
The House Ethics Committee is reviewing evidence turned up by the Justice Department of "serious and sustained misconduct" by Rep. Fernand J. St Germain (D-R.I.), chairman of the House Banking Committee, court papers indicate.
BUSINESS
September 9, 1988 | ROBERT A. ROSENBLATT and TOM FURLONG, Times Staff Writers
Treasury Undersecretary George D. Gould, clashing with members of the House Banking Committee, said Thursday that financial regulators' use of $10 billion in notes to prop up failing savings and loan associations is supported by the full faith and credit of the United States. "It was never the intent of Congress to give an open checkbook to any federal agency," responded an angry Rep. Toby Roth (R-Wis.).
BUSINESS
September 8, 1988 | ROBERT A. ROSENBLATT, Times Staff Writer
M. Danny Wall, chairman of the Federal Home Loan Bank Board, is a man who loves to write notes--not little "thank you" messages but formal promises to pay big bucks to ailing savings and loan associations. Wall's agency has already poured out $9.7 billion in notes to strengthen the balance sheets of insolvent S&Ls, and on Monday it promised another $500 million as a key element in its complex rescue plan for American Savings & Loan, the nation's second-largest thrift.
BUSINESS
May 11, 1988 | Associated Press
The Justice Department said Tuesday that it is ending a criminal probe without filing charges against House Banking Committee Chairman Fernand St Germain, who allegedly allowed a savings and loan industry lobbyist to pay entertainment bills for him. Justice Department spokesman John Russell said, "We're declining prosecution," concluding a criminal investigation that began last summer.
BUSINESS
May 4, 1988 | ROBERT A. ROSENBLATT, Times Staff Writer
Accusing federal regulators of secrecy and stonewalling, House Banking Committee Chairman Fernand St Germain (D-R.I.) said Tuesday that he will press his investigation of the Federal Home Loan Bank Board's campaign to find a buyer for crippled Financial Corp. of America. An angry St Germain said the bank board, in its eagerness to find a buyer, had been persistently ignoring his requests for information about Irvine-based FCA.
NEWS
August 6, 1987 | Associated Press
The House on Wednesday rejected a move by conservative Republicans to reopen the ethics committee investigation of the finances of Rep. Fernand J. St Germain, chairman of the House Banking Committee. The measure was defeated 291-111 largely along party lines as a lone Democrat joined 110 Republicans in support of the measure. Fifty-one GOP members voted against the resolution. Republicans led by Rep.
BUSINESS
May 11, 1988 | Associated Press
The Justice Department said Tuesday that it is ending a criminal probe without filing charges against House Banking Committee Chairman Fernand St Germain, who allegedly allowed a savings and loan industry lobbyist to pay entertainment bills for him. Justice Department spokesman John Russell said, "We're declining prosecution," concluding a criminal investigation that began last summer.
NEWS
April 12, 1987 | From the Washington Post
The House Ethics Committee has found no wrongdoing by Rep. Fernand J. St Germain (D-R.I.) in connection with allegations that he became a millionaire with help from several people he aided officially, the panel's confidential draft report says. The draft found instances in which the chairman of the House Banking Committee failed to report properly his assets on financial disclosure forms or undervalued them by as much as $1.5 million.
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