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July 9, 1989 | KATHLEEN DAY, The Washington Post
Lehigh Acres is a typical town in southern Florida--a planned community with 25,000 residents, an industrial park, a pizza parlor, two Chinese restaurants, a hardware supply store and a newspaper. But it claims one distinction: Because of the savings and loan crisis, it is owned by the American taxpayers.
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BUSINESS
December 5, 1992 | From Times Staff and Wire Reports
Regulators Close 3 Thrifts: Federal regulators seized three savings and loans with combined assets of more than $8 billion, including New Jersey's largest thrift, Carteret Savings Bank. Carteret, of Newark, N.J., Security Savings Bank, of Vineland, N.J., and Second National Federal Savings Bank, of Salisbury, Md., were closed by the Office of Thrift Supervision after failing to meet capital requirements. The Resolution Trust Corp.
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BUSINESS
December 5, 1992 | From Times Staff and Wire Reports
Regulators Close 3 Thrifts: Federal regulators seized three savings and loans with combined assets of more than $8 billion, including New Jersey's largest thrift, Carteret Savings Bank. Carteret, of Newark, N.J., Security Savings Bank, of Vineland, N.J., and Second National Federal Savings Bank, of Salisbury, Md., were closed by the Office of Thrift Supervision after failing to meet capital requirements. The Resolution Trust Corp.
BUSINESS
July 9, 1989 | KATHLEEN DAY, The Washington Post
Lehigh Acres is a typical town in southern Florida--a planned community with 25,000 residents, an industrial park, a pizza parlor, two Chinese restaurants, a hardware supply store and a newspaper. But it claims one distinction: Because of the savings and loan crisis, it is owned by the American taxpayers.
BUSINESS
December 24, 1988 | From United Press International
Security Savings and Loan Assn. of Scotsdale Ariz., has given the General Development Corp. the Exclusive right to negotiate the purchase of Land Resources Corp. for about $65 million, General Development announced. The deal, which is expected to close in mid-march, is subject to the completion of due diligence, the signing of a definitive agreement by Jan.17 and other contingencies.
BUSINESS
December 24, 1988 | From United Press International
Security Savings and Loan Assn. of Scotsdale Ariz., has given the General Development Corp. the Exclusive right to negotiate the purchase of Land Resources Corp. for about $65 million, General Development announced. The deal, which is expected to close in mid-march, is subject to the completion of due diligence, the signing of a definitive agreement by Jan.17 and other contingencies.
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