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NATIONAL
February 7, 2009 | Margot Roosevelt
The government's major financing agencies for overseas development projects reversed direction Friday, committing to scrutinize fossil-fuel facilities for their effect on global warming and pledging to help build renewable energy plants abroad. The decision was revealed in settlement agreements filed in U.S. District Court in San Francisco in a lawsuit brought by two environmental groups, Greenpeace and Friends of the Earth, against the U.S.
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CALIFORNIA | LOCAL
March 18, 2004
Fred M. Zeder II, 82, a former U.S. representative to the Micronesian status negotiations who later headed the Overseas Private Investment Corp., died March 12 in Pebble Beach, Calif. The cause of death was not reported. A native of South Orange, N.J., Zeder served as a fighter pilot in the Army Air Forces during World War II. After the war, he founded several successful businesses. From 1956 to 1975, he was chairman and chief executive of Hydrometals Corp., a diversified manufacturing company.
NEWS
November 15, 1985 | United Press International
Thomas Bolan will be nominated for a second term on the board of directors of the Overseas Private Investment Corp., the White House announced Thursday. Bolan, 61, has served on the board since 1982 and is counsel to the New York law firm of Saxe, Bacon & Bolan.
NEWS
June 21, 1989
The House, backing President Bush's effort to reward reforms in Eastern Europe, passed a bill easing trade and investment restrictions for Poland and Hungary. The measure, passed by voice vote and sent to the Senate, would drop U.S. tariffs on some imports from Poland and authorize the Overseas Private Investment Corp. to guarantee U.S. investments in Poland and Hungary. The changes are to respond to recent reforms.
BUSINESS
March 19, 1998 | Leslie Earnest
Edison Mission Energy received $400 million from the U.S. Overseas Private Investment Corp., a federal agency, for two projects the power company is developing in Thailand. The power company said Wednesday it received $200 million for its Kui Buri project. The 734-megawatt coal plant will be built about 135 miles southwest of Bangkok in partnership with two Thai companies.
BUSINESS
April 20, 1996 | Times Staff and Wire Reports
U.S. Reaches Settlement With Mining Firm: Overseas Private Investment Corp., a U.S. government finance agency, and New Orleans-based Freeport-McMoRan Copper & Gold Inc. settled a bitter dispute after the mining company agreed to establish a $100-million trust fund to finance environmental cleanup measures at its giant copper mine in Irian Jaya, Indonesia. In exchange, OPIC agreed to reinstate the company's $100-million political risk insurance through the end of the year.
BUSINESS
August 27, 1994 | From Times Staff and Wire Reports
SEC Commissioner to Resign: J. Carter Beese Jr., the lone Republican on the five-member Securities and Exchange Commissioner, said he intends resign later this year and return to private business. Beese, 38, an appointee of former President George Bush, has been a strong advocate of limiting the cost of regulations to the securities industry, arguing that keeping costs down will allow America's financial markets to stay competitive.
CALIFORNIA | LOCAL
March 18, 2004
Fred M. Zeder II, 82, a former U.S. representative to the Micronesian status negotiations who later headed the Overseas Private Investment Corp., died March 12 in Pebble Beach, Calif. The cause of death was not reported. A native of South Orange, N.J., Zeder served as a fighter pilot in the Army Air Forces during World War II. After the war, he founded several successful businesses. From 1956 to 1975, he was chairman and chief executive of Hydrometals Corp., a diversified manufacturing company.
BUSINESS
March 19, 1998 | Leslie Earnest
Edison Mission Energy received $400 million from the U.S. Overseas Private Investment Corp., a federal agency, for two projects the power company is developing in Thailand. The power company said Wednesday it received $200 million for its Kui Buri project. The 734-megawatt coal plant will be built about 135 miles southwest of Bangkok in partnership with two Thai companies.
BUSINESS
April 20, 1996 | Times Staff and Wire Reports
U.S. Reaches Settlement With Mining Firm: Overseas Private Investment Corp., a U.S. government finance agency, and New Orleans-based Freeport-McMoRan Copper & Gold Inc. settled a bitter dispute after the mining company agreed to establish a $100-million trust fund to finance environmental cleanup measures at its giant copper mine in Irian Jaya, Indonesia. In exchange, OPIC agreed to reinstate the company's $100-million political risk insurance through the end of the year.
BUSINESS
August 27, 1994 | From Times Staff and Wire Reports
SEC Commissioner to Resign: J. Carter Beese Jr., the lone Republican on the five-member Securities and Exchange Commissioner, said he intends resign later this year and return to private business. Beese, 38, an appointee of former President George Bush, has been a strong advocate of limiting the cost of regulations to the securities industry, arguing that keeping costs down will allow America's financial markets to stay competitive.
NEWS
June 21, 1989
The House, backing President Bush's effort to reward reforms in Eastern Europe, passed a bill easing trade and investment restrictions for Poland and Hungary. The measure, passed by voice vote and sent to the Senate, would drop U.S. tariffs on some imports from Poland and authorize the Overseas Private Investment Corp. to guarantee U.S. investments in Poland and Hungary. The changes are to respond to recent reforms.
NATIONAL
February 7, 2009 | Margot Roosevelt
The government's major financing agencies for overseas development projects reversed direction Friday, committing to scrutinize fossil-fuel facilities for their effect on global warming and pledging to help build renewable energy plants abroad. The decision was revealed in settlement agreements filed in U.S. District Court in San Francisco in a lawsuit brought by two environmental groups, Greenpeace and Friends of the Earth, against the U.S.
CALIFORNIA | LOCAL
April 23, 1992 | Associated Press
President Bush has chosen James D. Jameson of Rancho Santa Fe to be an assistant secretary of commerce for trade development and a board member of the Overseas Private Investment Corp. Jameson is president and owner of LIDCO Inc., based in Brawley. If confirmed by the Senate, he will succeed Timothy John McBride.
NEWS
November 15, 1985 | United Press International
Thomas Bolan will be nominated for a second term on the board of directors of the Overseas Private Investment Corp., the White House announced Thursday. Bolan, 61, has served on the board since 1982 and is counsel to the New York law firm of Saxe, Bacon & Bolan.
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