Dally Ncbrcsk&n
Wednesday, November SO, 1C23
Stasia
luff)
O
Jill"'
The furor over the Commonwealth
Savings Co. collapse may never sub
, side. The media has focused much of
its attention on the S.E. Cop pis family
which owns the demised saving insli
. tution, the Individuals who jest their
; deposits, End the seeming endless'
. line of politicians who have had busi-
r.css dealings with the Copples. Ilew
ever, far less attention has been given
the Nebraska Depository Institution
Guaranty Corp., which allegedly in
sured depositors up to $00,000.
That Nebraska politicians had Cnan
. cial dealings with the Copple family,
who are influential members of the
community, is not a surprising fact.
That hundreds of depositors have lost
thousands of dollars also should sur
prise no one. But, that an insurance
: corporation, designed specifically to
protect depositors from such -catas-.
.trophic losses, .cannot live tip, to its
charter, Is, as they say in the business,
news. 1 ; , ;" :? f ;'
.' ; 4 'According to various media reports,
' ' members of the NDIOC are required to
psy 1 percent of their totddejresits to
insure accounts up to $30,000. The $2
miLIon currently in the KDiGC H Tit
less than the total amount owed Com
monwealth customers. . .
The NDIGC seems highly negligent in
this matter. Its chief duty was to Li
sure Nebraskans in case of the collapse,
of a savings institution. It i3 unaccep
table for the NDIGC to respond that it
just decent have enough money
sorry about that, gang.
Their obligation is net satisfied with
a mere apology. People deposited their
savin: in Commonwealth and other'
Nefar a institutions, with the ex
pressed ' understanding th&t,'in- the
unlikely event of a collapse, their ac
counts would be covered. ,
Commonwealth became a' member '
of the NDIGC in 1070. The Omaha'
World-Ikrald, in its Tuesday editorial,
wealth he'd deposits worth nearly tlO
million dollars,' Clearly, the NDIGC
funds were insufficient to cover these
assets. It should have taken one of two
courses of action at the time: One, it
should have charged other member
institutions more money in order to
cover the additional burden placed on
it by guaranteeing Commonwealth or
two, it should have denied Common-
But what h done b 'done. The NDIGC
now has" the obligation to come up
with the money it promised Common
wealthy -depositors, llost'iiisly, this
would be -accomplished by charging
member banks more.: ."' -: ;"
, , ;' It is unfair for the other-banks to be
forced to'. ?y for . Commonwealth
mbfe-xtrnes. However, o iriembcra of
the NDIGC, thry do have that respon
sibility. If this etl'.gition h too much
for these member institutions to han
dle, they should condd-jr membership
in the Federal Deposit Insurance Com
pany (FDIC) c-r the Federal SaIngi
and Lcar.3 . Insurance Corporation
(F3LIC). However, the NDIGC should
be forced to live up its premise: ac
counts insured up to $20,000.
.' Front
TSNk. TTCA
Letters
Full of inaccuracies
Your article (Daily Nebraskan, Nov. 14) regarding
professor John Noonan's presentation on abortion
at the College of Law made nonsense of his remarks.
For example, the first quote in the article should
have read, "There is no kind of human behavior that,
because of its nature, could not (not "should not")
be made into a legal duty corresponding (not "by
responding") to a legal right" Moreover, that quote
was from Hans Kelson; it was not Noonan's view.
Noonan was highly critical of Kelson and, contrary
to what your reporter wrote, Noonan certainly did
not support Kelson's incredible view that "a person
is simply a construct of law 1
There are? other errors and unintelligible state
ments in the article, but responsibility for them
should rest with the reporter, not with Noonan.
Whether one agreed with Noonan or not, he at least
presented a coherent argument against the abor
tion decisions and their underlying rationale. Sadly,
your readers could not know this from reading the
article.
J . Clark Stanton
. Lincoln
1 1 i .
Of
Me ' i- it, y w
- n
no u.rigmpoUcy Board gaMe
Lately there have been many opinions expressed
in the Daily Nebraskan regarding U.S. and Soviet
intervention in many countries. Although I dont
know enough, of the facts to really form a solid
opinion about any U.S. policy, some things need to
be considered which I dont think many people have
thought about
We tend to look upon the Soviet Union as an
aggressor and exporter of unrest. I believe, in many
places, the United States is as responsible for new
leftist governments as the Soviet Union. Everywhere
that countries are governed by people who are
Oppressive to their constituency, there are seeds of
unrest.
Unfortunately, the United States supports many
of these leaders. We hear enough to know that in El
Salvador and the Philippines there is widespread
unrest among the people. If we truly want to halt
communist advancement, we must somehow force
an improvement in the human rights records of
these countries, or we shouldn't support them.
John M. Iionber(rer
jf. es At. d?m
i
J
I dont know why I like this story so much, but I do.
Around America today,-, there are thousands' of
: young computer whizzes working day and niht try
ing to design perfect programs for new video games
that will make them millionaires. And up in north
ern Illinois . . . well, Gerry Lckas and Frank Monte
leone are trying something eke.
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Lekas and Monteleone are boyhood buddies who
are now 34 years old. For the last three years they
have been coming home from their offices- every
night and doing something that, -in 1633, sounds
.almost quaint;- They have been trying to design a
.new family board game. ,- , ,: " ' "
."When I think back to my own childhood, one of
(my most vivid memories is of sitting around pith ray
famiiy playing board games," Lekas safd. "As vl child,
' it made me feel important to play these gases with'
my. parents.- I'd . sit there with a $500 bH in' ply
.-money, and it . would re&Qybe neat-: -.. '": ' '-
. ;-Like. most of us; Lekas and Monteleone spent the
- working the controls," . ;
",'t'Th two meiidecided to go out and buy some'
board games, to see if they were still fun in a video-:
; console world. They, brought the games heme, but
.'.were disappointed in what they found. -
"There didn't seem to. have been ar.y: progress ''
: since .'Monopoly and Vhz' Lekas ssld. "Either the
. new games were boring, or they were so complicated
you' had to spend three weeks trying to learn the:
instructions." . ' - '
- So the two of them decided to go rgainst the tid e.
; While all of America seemed to be hunched in front
; of video screens, they devoted all of their tt2 dev
Ving a modern family board gsme. s " ;: -
1 1 It is c&Sed "Danger Island." Lkas and ilontelsone ;
; like to think it has the same qualities as the legend-;
.-ary board gamesof their youth. - . " -
' "We desrsed 'Diaricr Island around c!l ,:ha fsnta.
f ? a 9 A. . .
niioroj oi wieir ooara-garae lime piaymg two ei
coc rsmes: "lionoponr and "Clue." ..Even r.sw.
tha
lexicon of thce games remains in their memories.
witn xionopoiy; l can stu hear myself guying, T
ant,to 'buy four houses on Baltic Avenue.' Lekas
ild.-Tlth-'Clue,' I can still hear myself', tayin
- trr.i :.;n:rra witn tr.e candlectleSin the tCard
Vc
r&u.L '" j- i:?-.'-':' " ' "
rtThcri, video 'games begaa'.to.socr.fa pcpdlarity,
If' " i and llontelecne were slightly trout! -1. by if
' "-1. Jcnt think the vii:o fimes ere very l izM,"
Lrx .a!d. "Even wh tn : you're . cc-ntpttb' with
scmcons elrl-i&ii:!:!. cr.bncr3 f -,v!i"th
ccmpuxer.-i,:;re's :...;y t3f,r f:.:i: crucial '
interaction. The. video games require tctal cencen-'
tratien .you're alrrys etcxir.g ct.th- screen ar.d
sies of our childhoods. Lekas said. "Thsre's a Rvsts-
rious island .witli a raiUlca dearest -th!r.g3 that can
happen.' There's a .'volcano 'that can' esplsde and
.. trap you; there are killer acs; there's a er-ensisn ,
bridge; ' there's .an abandoned . temple; there's a
desertedl!hcucr,thereirrdrjar
mountains . 1 .".... -
Sill, though, while America's current fcsdnatfcn -
with .video gsmes fa centered on cciputcr chips ar,d
micrbtechnologyrDarcer; Ishnd drrcndi br its ,
appeal .on rather: 'randan's end trrl.;icr.il iterrj;
dice that tha players re:!, nd pi-tic raarkcra thrt '
r the players move-around ths fceexd. ;,: " -
r That's OIC," likas e,?id. "I thiri that 'pcopb' mry .
.fce redy for board games The wheel gtcs
; arcusd . .do.. you know v,zt I r.?' -?i r'-s tl:3 !"
.rmtfr I izlt pli;.;;:j tcrrd C": '' 1th T'j or. a .
:- f.:.r,LT, and mr:t- ctl.:r r la t. V) - r -1 1 -t
,. . , v a a , . j, . .........
... .. I f -
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