Word: oklahomas
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...problems at Seafirst apparently run deeper than Cooley realized when he became chairman on Jan. 3. On Sept. 30 the bank had $134 million in loan-loss reserves, mostly to cover losses on energy loans acquired from Penn Square Bank, the notorious Oklahoma City institution that failed last July. But last week Seafirst announced that it had added $125 million to the reserve in the fourth quarter alone. Notes a Seattle banker: "Their problems go far beyond Penn Square...
...court's decisions since have essentially been refinements and tidying addenda. Last January in Eddings vs. Oklahoma, for instance, the Justices ruled that the judge or jury must consider any mitigating factor the convict claims. Yet to many observers, that sounds like a return toward uncontrollable discretion, the very flaw the court prohibited in 1972. Says former L.D.F. Lawyer David Kendall: "We're right back to Furman...
...Helms, the gas levy was a tax-and-spend heresy. Aided by his North Carolina colleague John East and two obscure Republican freshmen, Donald Nickles of Oklahoma and Gordon Humphrey of New Hampshire, Helms tried to talk the bill to death. The willful clique was able to delay a final roll call until Thursday, two days before Christmas, hoping that by then enough members would have gone home to prevent the Senate from mustering a quorum...
...result being that 80% of the Government's funding needs had to be lumped once again into a catch-all piece of legislation called a continuing resolution. They did better when it came to granting themselves a pay raise and grabbing pork-barrel goodies (see box). Said Oklahoma Democrat James Jones, chairman of the House Budget Committee: "This lameduck session was not our finest hour...
...Monday. His pickup truck in Ruby's driveway is "as startling as the sight of the 'Action News' TV van." And she hopes the neighbors will take it as a sign of her modern outlook. Sabrina, 20, has a small part in a regional production of Oklahoma! Edwin, the man she lives with, is 43 and drives a bus for retarded adults whom he entertains with music tapes and disc-jockey patter...