The daily Nebraskan. ([Lincoln, Neb.) 1901-current, December 01, 1983, Image 1

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    mitfiM'wmM
.unitum , , wiitii immm-tmmu wm urn it iuium i..
g- X
Thursday, December 1, 1C33
I A- II 'I I
it ur : r
! ' (
'if u i i
" w J l. 4 J
University of riebrecka-Lincoln
Vol. C3 No. 65
P 7il-T1
W ... .. Vljg(3,r l, . ... fca
Intcriai Slate Carddrg Director John Mil!er said
7cit:,lzy ho has d;;Arte;l a formal etructure for
the ezle cf the Insolvent Ccrr.rr.snvtrith Saving Co.
VJZzr t !J the structure wO be refined and com-
plstcd ty mid-aflcraosn tcdry. ' ' ' , f
. Mi"sr spoke at a press conference at the State
GfHee Duiiding. Special Assistant Attorney General '
David Domina and County Attorney Michael Heavi
can also were present.
MiII:r Slid a large percentage of Commonwealth's
assets are in real estate. .He. said real estate values
have changed in the past few years, and it is neces
sary to have seme, of the bank's land holding re
evaluated, tinier said 20 appraisers are doing some . '
on-site work. '
"Until we have dollar figures to insert (in the sale
structure), we cant seek out prospective buyers,"
Miller said. "We dont know what we have to sell."
Miller said the sale structure, complete with dol
lar figures, should be ready early next week. He said
he wa3 "actively engaged in seeking out prospective
purchasers," but declined to name anyone he had
.contacted. '. ' , ; '
Dcmina said investigation into Commonwealth's,
insolvency b continuing, and information has been
requested and statements taken from various per
sons involved with Commonwealth. One partial
1
O
.71
n
J Nit -t . i :- ifi ' r
etatement vas made Wednesday morning by State.
Attorney General Paul Doug!.
-' Lancaster County court records indicate Douglas
purchased G5 lets in the Fox Hollar residential area
in southeast Lincoln from former Commonwealth
Vice President Marvin Copple, and resold 50 lots to
Ccppl.2'3 secretary, Judith A. DrireoO, for a total
prot of $70,500. . .
Douglas bought 12 of those lots from Copple and
sold them to Driscoil during one day in 1979 at a
profit cf $14,000, county records shov. .
, Dmiaa said he, Miller and Ileaviean had talked
w ith Douglas for three hours Wednesday. Domina
said Douglas made a sworn statement that has not
yet been concluded. He said he requested "an exten
sive series of documents" and information from
Douglas. When the requested information is com
piled, Douglas will meet with the three men and
conclude his statement
"I assured him (Douglas) I would not form any
conclusions or share any impressions about his
statement until the entire investigation ... is con
cluded," Domina said.
. Domina said he also has requested information
from seven public officials other than Douglas
four present or formerly elected officials, and three
non-elected. Domina declined to name the officials
and said disclosure of their names could prejudice
the investigation.
2 (T
T!
1 1
71
j
He said the reason he released Douglas' name wa3
because "Douglas preferred" that the information be
disclosed. Domina said the investigation wa3
"broader than personal financial matters," and
involved the "activities of some persons in their offi
cial capacities." ' . ;
The investigation's primary area of concern b still
lending and borrowing activities involving Com
monwealth and the S.E. Copple family, Domina said
but has been "broadened to involve Commonwealth
affiliates" Heavican was silent during most of the
conference, but did indicate that former Common
wealth President S.E. Copple would return to Nebras
ka in the "not too distant future." Copple, who has
been living in Arizona, b charged with exceeding a
loan'limit for an ofScer of a financial institution.
"We don't put a deadline on that sort of thing,"
Heavican said. He also said the "story is not closed
on the criminal end (of the investigation)."
Domina said officials were examining transac
tions made during the 60-day period, before the
state declared Commonwealth insolvent Nov.l. He
said thb investigation b attempting to identify patt
erns in withdrawals. He said it was "fairly easy to
identify large withdrawals early," and the next step
was to "move down to smaller withdrawals" to see
whether there are patterns there.
"We cant tell if withdrawab were made outside
the ordinary course of business yet" Domina said.
Sartori: Survivors of nuclear attack
Sunlvors of a nuclear bomb would exist in a com
pletely changed world according to a UNL physics
professor who spoke at Selleck Quadrangle Wed
nesday niht. '-; v. ; . . ' . : ... ;,-. -' ;
According to a VS. government study, if the
Soviet Union dropped one nuclear bomb on Omaha,
: individusU within 50 milc3 of the explosion would
dis frca lethal dascs of radiation, peopla within 100 '
'. miles .would esperience severe nausea, vomiting
and hair loss and people within 200 miles would
Dr. Leo Sartori said" while people can "survive a
nuclear explosion, survivors face a bleak existence..
', "There b no way thr.t I can foresee, even if I sur-r
vived a nuclerr bor.b, that myself and my child
: could live life Eke Td want to " he said. .,-
; ,. -TI1.2 major problem, he said b supplying the world '
''with food.'-..-"'. .'''. .;'" -. ,
4
.1
ccln n;:n who rr.r hiva fc;;n V:;o city's first
' rcsk'n'rclr PzzJ
, Cciyrr.n':t JzA Gccd;v;n Icsks through tha
1 rc , ns tn! 33
- ; : . - V...
ffca urL fccv.ling tr-rn n::ia mcrs thsn -
Ji ti r. . ccini3 13 rvti t .3 Li j V. .... i n
t!chii rr:i
i ......... J
c:-:::;::J 13
Crc::.:rd 13
C ::::::':-!
c:fTr.3v;;n 2
C-:rt: - 15
; The dust "and soot Isft from" a lare scale nuclear
war and the fires that would occur would absorb the
sun's rays, creating a dark and cold worjd. Sartori
said people would be unable to grow any type of
crop for at least one year.
In a smaller scale war, he said sources of food may
survive, but then survivors face the problem of long
term radiation effects. . .. - '
He cited an example of a cow eating contami
nated grass and passing the radiation onto people
who drink the cow's milk. Eventually a. person
accumulates enough radiation to cause cancer.
Survivors would also face a radically changed
society. People would steal, fight for food and have
no respect for authority, he said. He said he does not
believe, these -problems could ever be overcome,
completely after a holocaust.
.." Because Sartori doe's not see a very bright future ;
for survivors, he said "we (U.S. citizens) better put
emphasis on preventing nuclear war." .
Joe Hayman, president of the Selleck Government
said the government sponsored the forum on surviv- -ing.
nuclear war because of the interest "The Dny
After" aroused in students. Twelve people attended.
j : 1 ;
'i 1
'; " . -' -r".,- -
( - .si
: 3
'"'" f
i
" t
; . . IC'-H
UliL professor Leo Cartcri epelie to a c-P
' cf UNL etcdent3 T7edaesry rJht in Ce.llcc!i
Quadrangle about the pers.LIe results cf &
nuclear war. . . . -.
EeTTetiwrmB 'husmessTri to be vocal
T't i 'Y'm.r'$ ?,tp
, Indhidudbusinessmehshouldtclltheirsenato'rs-
.how the gavcrnme"t ot:".ht to operate at the city,
state and natisr..al levels Gov. Ecb Kerrey said Wed-;
ncsday. Kerrey epsned the Erst Legislative Confer-.
C I'-xr " f T4-wtj l1 tw O--.
lirtcn ar.d take prxt in dl:au;;;on3 ceneernrtg criti-.
turn j:::t to I. :.r r:ss:it.er,.i t3 rcrr:r.t tr.::
cc-:e::73 tr.::rc-:s. i.j zzzj tr.:yt.::j ccr.2 lerta
o L:vililj to crprars their clr.ia-3 atcit c
t. t c..n t i.
..t n, t i icur 1 c.xcs! io Pr "3 . 1 z. and io
..J A. .....4.
p. 4 r r' u ... r- t ?.. f"-i
via Carsten, Avoea; Don Weseiy, Lincoln, and chair
man' cf the Apprcpriations . Committee, Jerome
'Warner cfWavcrly.. ''; ''''."r"i .'.
' Most of the discussion centered on state property
taxes and ways to lower them. Landis said cf the
states depending more on property taxes than sales
taxes, Nebraska's reliance b one cf the heaviest His
.-suggestions, for decreasing rciiar.ee cn property
rim irr.-elved hearings throughout the ctate. He said
wtr.. w- ci v3 1 wi iv J 4-f L,vt a-'at
C-fcw w,. " V V fln V
cr.Lr:crth2tas'b e. A ia3 1". ... 1. . . 1 'r i . d t- fc . J
crs cd.r.st . ant a new source cf tauaiisn but a ihiTt
to increased S3 tax. -
Another cf the conference's dbcussions dealt
with the dsTc!err.s"t cf educational policy and the
c:itcr3 c::i--i 1 c eatian cr.d UiX repre-
23 tec purt Li t.j c reusii"u
: -
... ..-v
1