The Cincinnati Enquirer from Cincinnati, Ohio on September 12, 1991 · Page 7
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September 12, 1991

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The Cincinnati Enquirer from Cincinnati, Ohio · Page 7

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Cincinnati, Ohio
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Thursday, September 12, 1991
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Page 7
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TC A-8Nation THE CINCINNATI ENQUIRER Thursday, September 12, 1991 (Mi. ,w TV . ' J -f , i '' S V ' Jtv Plane crash kills 14; explosion reported Ex-CIA official to testify Gates hearings tied to Iran-Contra plot THE ASSOCIATED PRESS WASHINGTON Former CIA official Alan Fiers, who pleaded guilty to Iran-Contra charges, will testify next week at confirmation hearings for Robert Gates to be CIA director, Sen. Frank Minkowski said Wednesday. Murkowski, the senior Republi COLO. i KAN. j MO. I V V OK LA. NEW I ARK. MEXICO v. I TEXAS SI tp' MEXICO Gulf a00"11198 Mexico ;, r 1 THE ASSOCIATED PRESS EAGLE LAKE, Texas A Continental Express commuter plane crashed and burned Wednesday morning after a fiery explosion blew off a wing, witnesses said. All 14 people aboard were killed. The plane crashed about 60 miles west of Houston, during a flight from Laredo to Houston. Wreckage was scattered over a four-mile area of ranchland. The plane, an Embraer-120, carried 11 passengers, two pilots and a flight attendant. Witnesses said they heard explosions and saw a fireball, but Continental Express President Stephen Kolski said claims of an explosion were unconfirmed. ii . Investigators look over the wreckage of a twin-engine Continental southeast Texas cornfield Wednesday. All 14 people aboard were Money awareness missing Test shows teens have poor grasp of consumer basics 1 -.NOKTfl - , ' . , , , J.ni; ,, , ; T Thfl Associated PrfiRRDnnna Carson Express plane that crashed in a killed. ing and savings accounts. Students with family incomes under $15,000 a year scored 35 on the test. Students from higher income groups did progressively better, with those from families earning $50,000 or more scoring 44. &WtKgMM.'MK :' Sample questions Here are sample questions from the consumer knowledge test administered to high-school students. The questions are followed by answers and percentage of respondents answering correctly. 1 . The best indicator of the cost of loan is the: a) number of monthly payments, b) monthly payment amount, c) interest rate, d) annual percentage rate. Answer: d. (18) 2. Which deposit account usually pays the most interest? a) certificate of deposit, b) passbook savings account, c) NOW account, d) money market account. Answer: a. (22) 3. Auto insurance prices offered by different insurance companies to people who live in the same area, have the same accident history, and drive the same type of auto can vary by as much as: a) 100 or more, b) about 60, c) about 30, d) 10 or less. Answer: a. (18) COX NEWS SERVICE WASHINGTON High-school seniors on the threshold of managing their own finances have a poor grasp of basic consumer knowledge, results of a nationwide test showed Wednesday. The 52-question test was given to 428 high school seniors at shopping malls in the Atlanta, Boston, Chicago, Cincinnati, Dallas, Denver, Los Angeles and New York City areas. The Consumer Federation of America, the nation's largest consumer-advocacy group, sponsored the exam along with American Express Travel Related Services. "Eight million kids own cars, but they haven't the faintest idea about what auto insurance covers," Edwin Cooperman of American Express told reporters at a news conference. He said the students earn more than $100 billion a year and spend $79 billion of it, but they often make frivolous shopping decisions US Sprint Communications Company Limited Partnership Notice Of Rate Change Notice is hereby given that US Sprint Communications Company Limited Partnership (US Sprint) will file tariff revisions with the Public Utilities Commission of Ohio to change SPRINT Service (MTS), Operator Service , and FONCARD per-minute rates, and increase Operator Service call placement charges. Although most SPRINT Service, Operator Service, and FONCARD per-minute rates will increase, most customers will still experience a slight decrease due to a change in the method of calculating the per-minute rates for each call. The Person-to-Person Operator Service call placement charges will increase from $3.00 to $3.50. The Station-to-Station Operator Service call placement charges will increase from $1.55 to $1.75 with the exception of the Local Exchange Company Calling Card Station-to-Station feature which will increase from $0.85 to $1 .05. The Directory Assistance Call Completion feature will increase from $1.55 to $1.75. These proposed changes are scheduled to become effective October 1, 1991. US Sprint thanks you for your continued patronage and remains committed to our promise to provide the highest quality long distance service at the best overall price. If you have questions regarding these changes, please contact Customer Service at 1-800-877-4546 or your US Sprint Account representative. can on the Senate Intelligence Committee, also said the panel's investigators had found no hard evidence that Gates knew more than he has previously admitted about Alan Fiers the Reagan ad ministration's worst scandal. "I think that's a fair statement," said Murkowski, of Alaska. "There's nothing new." Murkowski and other committee Republicans met Wednesday with President Bush to discuss strategy for the hearings, where Gates supporters will argue that strict compartmentalization of the spy agency made it possible for Gates to be in the dark about much of the Iran-Contra affair. The confirmation hearings are scheduled to begin Monday, with Gates as the first witness. The panel has heard in closed session from a number of current and former CIA officials that William Casey, the mastermind of the scheme that sold weapons to Iran and diverted profits to Nicaraguan rebels, carefully controlled who knew about it, Murkowski said. McFarlane defensive on North THE ASSOCIATED PRESS WASHINGTON Former National Security Adviser Robert McFarlane said Wednesday his testimony at Oliver North's 1989 criminal trial was influenced by North's nationally televised appearances on Capitol Hill. But McFarlane could cite no examples. McFarlane got into repeated verbal clashes with Iran-Contra prosecutor Michael Bromwich, who suggested at one point that McFarlane was trying to torpedo the North case. "I've had enough of this," McFarlane said, pointing his finger at Bromwich and practically shouting. McFarlane said he tried to shade his 1989 trial testimony to help North and felt that he as North's boss should take the blame for his former subordinate's legal problems. McFarlane said he was "angry" at North's televised testimony in 1987. McFarlane said he hadn't known about North helping to raise money for the Nicaraguan Contras from wealthy Americans. McFarlane's appearance, which continues today, opened what could be months of hearings as Iran-Contra prosecutors try to persuade U.S. District Court Judge Gerhard Gesell to reinstate North's three felony convictions. -UP TO I -) t n n ISl7W7ljtQ e)LJiJ APCari Fox Continental Express is owned by Houston-based Continental Airlines. STORE CLOSES FOREVER SAT. SEPT. 21 6 PM F T,ki4UlUIii it Sale starts 9-12-91 Sale ends 9-18-91 CINCINNATI, OH 4394 EASTGATE SQ. DR. (Next to Wal-Mart) 752-1220 DELHI, OH 5026 DELHI RD. (Across from K-Mart) 451-0510 WEST CHESTER, OH 9304 CINN.-COL. RD. (3 miles north of 1-275) 777-5710 mm Comp. Value: iirorrnti 7 7 -j and "don't understand the fundamental differences between a checking and savings account." The students scored an average of 42 on the exam, which tested six areas of basic consumer knowledge: food shopping, home rental, automobile purchase, auto insurance, obtaining credit, and check - Hlil - HI - 1 - I QD0ES? CD Women's Dress Pumps & Flats Choose from a huge selection of dress pumps, flats and slings. Quality, I I Rep. styles shown. "1"L-1n""1 1 Leather-look uppers in a great selection or colors. An assortment of heel heights with basic and ornament styles. Styles and colors may vary by store. lH - mHlU This winter, your heating costs could go up by 25! So Pclla announces the Last Chance Before Winter Sale! Save up to 25 on all installed Pella products-Energy-Saving Windows. Doors, Skylights and Sunrooms. New Orders only. Downpaymcnt required. No other discounts apply, SALE ENDS SAT., SEPT. 21 Please hurry. No extensions can be granted. CALL 489-4436 or visit the Pella Window Store in Blue Ash, Beechmont or Edgewood BThc RJla Window StonS Wff&fcM, Urn Sunn Kins & Skylights . r BEECHMONT, OH 8315 BEECHMONT AVE. (Bt.chmont & Eight Mile Rd.) 474-3380 CINCINNATI, OH 9490 COLERAIN AVE. (Acron from McAlpln's) 741-3301 FT. MITCHELL, KY EXPRESSWAY PLAZA (2170 Dlxl Highway) 331-2965 CINCINNATI, OH 7990 READING RD. (Across from Carrousel Inn) 821-3388 COLD SPRING, KY COUNTY SQ. SHP. CTR. (Near Kroger's) 781-9001 MONTFORT HTS., OH 5449 NORTH BEND RD. (Next to Blockbuster Video) 481-4949 I T,

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