S&L depositors tell of losses in Keating trial NATIONAL bond LOS AM.LLKS \i*) r hi- fln.il pruse cution witness against (diaries Keating |r was a replay of (he first an elderlv l.m coin Savings customer w ho related meekly I’hursdav how a sale" invest ment turned out to lie a worthless pink In .1 voice thnl quavered at times, 77-year-old Bertha Kettig told jurors she .irid her husband wont to a I.hk oln hr.im h to renew a $d(),000 certificate of deposit Instead. the toller sent her to an office next door where .1 man had an investment to offer with a higher interest r.ite. It) percent txiruls from-"Lincoln’s parent company, heat 1 tig’s American Continental Corp in I’hoenix. Ari/ She couldn’t rememher if he mentioned whether the bonds were insured He concentrated instead on showing her a map of A(.( s development projet ts in Arizona and an impressive brochure about Keating’s sumptuous I’hoenu cm Holel. Her tha Kettig said "It sounded very interesting and it sounded safe." she said, so she doubled the amount she had thought she might invest, to $ 10,000. She and her husband riserved one hall month interest pav merit, S.til .25. ladore learning that American (continental had .collapsed into bankruptcy and Lincoln had been'seized in the costliest savings ami loan failure in history Bertha Kettig bough! the bond on Feb It), IUH'l four days before Lincoln’s president shut down the bond sale's ,mu iwo months Delore regulators stmt down I.ins oln Regulators later said rash investments and dubious deals, funded with money Irom Lincoln depositors and American Continental bondholders, rost taxpayers t> billion Thou sands of small investors lost M) million on (Kinds During the trial, proser utors have tried to prove the Kelltgs and 1 (i other Lincoln investors lost money because Keating never adequately revealed his company s shaky financial po sition ()n I hursd.iv . the delense countered that the government's two-month fraud prosecution hasn't shown that Keating knew about, encouraged or aided in any dei options of people like Bertha Kettlg Her testimony came two months alter Leon Donat). HO, look the stand to testily how he and Ills wife lost $101,(XX) under similar circumstances After that, prosecutors called a parade of bond buyers, bond sellers, banking regulators, 1 S Sen John McCain, K Ariz , and two top Lincoln managers The managers pleaded guilty in hopes of receiving light sentences Cross examining prosecution witnesses, defense attorney Stephen ( Neal tried to build a wall tmlwoen Keating and the bonds Hi’ drew a portrait of a fsimi program designed by top lawyers and accountants Those professionals, lie said, ensured that the good as well as the bad side id Keating's companies were described In gov ernment filings and in information desi tilling the risks Discords flare in Mideast parley M A i'K ID, S j).»i ii (Al'J Ar.it) d.-li' Kdtrs Npurni'd .in 'invitation I'hurs d.is trnm Israeli I’rtme Minister Yil/.hak Shamir lu go !o Israel to negotiate (1 ram.i11/Ing ,i growing dispute over where the Mideast peal e ( OnflTCIH i* Is heading In thtnr lirst exchanges on tlui flour of the liLstorii conferent*•. \r,it> .irid Israeli liM.irrs traded ret rimlnalions and clung to fa rnili.ir positions l'hc Arabs dc m.md.'il all thi' land they lost In Itic war Israel demanded recognition before it would even consider yielding torrlto ry Although the day was devot ed to loruial speeches, the at mosphere was inure confronta blond I tllan It! Wednesday's opening session Shamir a a I led it a garden o! thorns " Idle Arabs argued that peace was londlllonal on Israeli vs ill ingness to give up the i aptured territories l-.yerv inch,'' insist ed Syria's foreign minister, l a rouk al Sharaa The issue is not territory hut our existent e. Shamir said We appeal to you to renounce the ith.; 1 (hols war) against Is rael Hu I the speet hes also i arfled elements o! till- ( oni iliatory language I ho vsurld vie. hoping in hear from this unpret edent eil gathering of Israelis, Pales limans Jordanians, Syrians l.ehanese ami1 \gv [itians Blessed are the peat emiik eis. said Jordanian I'oroign Minister humel Alui Jaber We ire willing to live side by side on tin' land. sald Haidar Abdul Shall, represent lug tile Palestinians Shanur lw> gan Ills speet it with a simple Shalom Mt-hough the Arab and Israeli delegation tie.ids did not a|» plauii eat h other's speet lies, Thursday s session was a mile slone It marked the first lime Palestinians and Israelis have addressed e.ii h other m a lor mat negoliating format But Vv tide tile I onlerelii i’ It ■ elf kept to the iorm.it s. r ipted liy its .in hole. t. Set retarv ol Slate lames \ Baker III, .pies (tons anise over how it will de yelop when file ; eremonies end and the real t.K e to l.u e bar gaining begun. In iriv iting the Aral). to start negoiiulion.s in Israel and rotate tlit'iu tii tilt- Aral) .stall"., Shamir was 111 filiJi;! challenging them hi jit.'vi' they reingm/e Isiai'l rlii*r<’ is no better was to make peace than to talk in each otlii'r s Innni' Av oulltig s'*1 l> talks is a denial of thi‘ purpose ot thii negotiations," hr said I'lir Arabs vvanl to talk on neutral ground, at least until Is raid proves willing to consider llii'ir demand lor territorial eon lessions, 1‘alestiniali rights and an end to building Jewish set tlmrients 111 the (M i upled tern lories " I he momentunl in Madrid is good, the spirit in Madrid Is good, why don't we keep It here'" said Jordan's foreign minister', Kamel Abu Jul>er He said an argument over venue posed a "danger of disrupting the whole momentum ol the i onferenee I'he tirst round ot fai to hu )■ negotiations Is to begin III Mu drid on Sunday, Israeli offu i.ils ■■ nd Hut it will di al only with proi edit ra I mat ters Still in question is where the substan tive In 1 atel a 1 talk-, will l ib I urn to TALKS f’.iqo 10 Sheik jailed for anti-government stances MANAMA Militant M’. Sheik Mohammed al i assi, a millionaire who organized pro tests ii>;,tins! till* S.iiiiii royal family. has been arrested m Jor Man ami taken to Sauiii Ar.ihu to slant! trial (nr treason, Ills Ament an lavs yer said A! Iassi, a Sautil citizen, was arrested about a month ago by Jordanian sin airily agents a! the Intercontinental Hotel in Am man and taken to Saudi Arabia, diplomatic sources 111 Riyadh salt! Idle Simri es, who spoke oil condition of anonymity, said al I assi has been Irving to or gam/e publii gatherings to pro test Saudi pola y M !'u i m hr-, early Ills, is kn i» n thi! Mni. lor Ins multi million iloil.tr ill v . tUH $ 5*7"^ S I C :'.K •> us: 5T£V6 FftlCKMAN «».. t.i . *i jEPw 3t ±K T "A ^ "v4’ Sr ASPC^l VS>'/r*:.' iJlGW.Oh » MO,’ flUMftJt WCft • SUCH ruiNCS AS .* TAOH? >C A SWG CO”* kV i v;i • i •« t SATURDAY (E L F B RAT I 0\ Jeff Del t v W ill Perform THE TRUE STORY OF THE J THREE LITTLE PIGS! Stor\ H\ Kin Sues/ka I!iusiratcil li\ I ane Smith SATURDAY, NOV. 2 12:00 - 1:00 p.m.. Ages 3 - 8 General Book Department UO BOOKSTORE KINCAID, OPEN MON. - MET.. EM. MMJJ1 1JTTH *