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July 1, 1988 | OSWALD JOHNSTON, Times Staff Writer
The United States, already the world's largest debtor nation, fell another $99 billion in the hole last year despite the stock market crash and the falling dollar, the Commerce Department reported Thursday. By the end of 1987, the department said, foreign individuals, companies and governments held $368.2 billion more in U.S. assets than the total of American investment abroad. Despite the enormous U.S. international debt, however, the total return on American investments abroad was $20.
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BUSINESS
July 1, 1988 | OSWALD JOHNSTON, Times Staff Writer
The United States, already the world's largest debtor nation, fell another $99 billion in the hole last year despite the stock market crash and the falling dollar, the Commerce Department reported Thursday. By the end of 1987, the department said, foreign individuals, companies and governments held $368.2 billion more in U.S. assets than the total of American investment abroad. Despite the enormous U.S. international debt, however, the total return on American investments abroad was $20.
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NEWS
April 17, 1987 | Associated Press
A federal judge refused on Thursday to order retired Air Force Maj. Gen. Richard V. Secord to release records of foreign bank accounts that Senate investigators believe are tied to Iran- contra arms deals. U.S. District Judge Aubrey E. Robinson Jr. denied a request by the Senate panel investigating the Iran-contra affair that he order Secord to sign a directive releasing records of bank accounts in Switzerland, Panama and the Cayman Islands.
NEWS
April 17, 1987 | Associated Press
A federal judge refused on Thursday to order retired Air Force Maj. Gen. Richard V. Secord to release records of foreign bank accounts that Senate investigators believe are tied to Iran- contra arms deals. U.S. District Judge Aubrey E. Robinson Jr. denied a request by the Senate panel investigating the Iran-contra affair that he order Secord to sign a directive releasing records of bank accounts in Switzerland, Panama and the Cayman Islands.
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