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>>> GOOD EVENING.
WE BEGIN IN OHIO TONIGHT,
WHERE THEY HOPE UPON HOPE
THEY DO NOT HAVE ANOTHER
NIGHT LIKE LAST NIGHT.
IN THE HILLY COALMINING
REGION OF SOUTHEAST OHIO,
THEY HAVE SEEN ENOUGH
RAMPAGING WATER TO LAST
A LIFETIME.
AT LEAST 16 PEOPLE HAVE DIED
IN THE FLOODS IN THE LAST
24 HOURS.
MANY MORE ARE STILL MISSING,
AND THE GOVERNOR HAS
DECLARED A STATE
OF EMERGENCY.
EVERYTHING HAPPENED
SO QUICKLY.
HERE'S ABC'S CHARLES THOMAS.
>>> THE WORST DAMAGE
OCCURRED ALONG WEGEE
AND PIPE CREEKS, THE OHIO
AND WEST VIRGINIA BORDER.
HALF A FOOT OF RAIN SENT
THE STREAMS ON A DEADLY
RAMPAGE.
THE WATER SWEPT AWAY CARS
AND MOBILE HOMES, AND PUSHED
ENTIRE HOUSES OFF
THEIR FOUNDATIONS.
BOB STOCKTON AND HIS FAMILY
BARELY HAD TIME TO EVACUATE.
>> IT HAPPENED IN A MATTER
OF SECONDS.
IT JUST HAPPENED.
YOU DIDN'T HAVE NO WARNING,
NO NOTHING.
>> RESCUERS USED DOGS
TO SEARCH THE DEBRIS
FOR BODIES.
SOME WERE FOUND SEVERAL
MILES DOWNSTREAM IN THE OHIO
RIVER.
THE CREEKS HERE NORMALLY RUN
ABOUT FOUR FEET DEEP.
LAST NIGHT, THE WATER ROSE
MORE THAN 2O FEET IN LESS
THAN HALF AN HOUR.
9-YEAR-OLD AMBER COLEMAN WAS
IN HER HOUSE ONLY 5O YARDS
FROM WEGEE CREEK WHICH
THE WALLS COLLAPSED AROUND
HERE.
THE CHILD, WHO CAN'T SWIM,
CLUNG TO FLOATING DEBRIS
FOR SEVEN HOURS UNTIL
RESCUERS REACHED HER THIS
MORNING.
>> WHEN I FIRST CAME UP
IN THE WATER, I FOUND A LOG
SO I HAD TO GRAB ON TO IT
OR I WOULD HAVE DROWNED.
>> OTHERS ARE STILL MISSING
AND THE OHIO NATIONAL GUARD
HAS JOINED THE SEARCH.
BUT OFFICIALS FEAR
THE EFFORT COULD BE
INTERRUPTED AS MORE RAIN IS
FORECAST FOR THE WEEKEND.
CHARLES THOMAS, ABC NEWS,
SHADYSIDE, OHIO.
>>> ELSEWHERE IN
THE MIDEAST, IT WAS ANOTHER
BAD NIGHT.
THOUSANDS OF PEOPLE TOOK
TO THE STREETS OF DETROIT
TO CELEBRATE THE PISTONS
WINNING THE NATIONAL
BASKETBALL ASSOCIATION
CHAMPIONSHIP.
SOME OF IT WAS UGLY.
LOOTING, CARS OVERTURNED
AND BURNED.
ONE CAR RAN INTO A CROWD.
FOUR PEOPLE WERE KILLED,
ANOTHER MAN DIED WHEN
HE FELL FROM A WINDOW WHILE
TRYING TO LIGHT A ROMAN
CANDLE.
SEVEN PEOPLE DIED IN ALL.
>>> IN JUST A MOMENT,
DONALD TRUMP DOESN'T MAKE
THE DEADLINE.
AND LATER IN THE BROADCAST,
ECHOS OF THE PAST
AS THE ROMANIAN GOVERNMENT
CONTINUES TO CRACKDOWN
ON DISSENT.
>>> IT WAS NOT A GOOD DAY
FOR THE REAL ESTATE
DEVELOPER DONALD TRUMP.
IN FACT, IT HASN'T BEEN
A GOOD WEEK.
SOME OF HIS BILLS HAVE COME
DUE, SOME OF HIS BIG BILLS.
AND HE DOESN'T HAVE
THE MONEY TO PAY THEM.
HERE'S ABC'S ALLAN FRANK.
>>> DONALD TRUMP
DISAPPOINTED HIS MANY
CREDITORS TODAY.
HE ANNOUNCED HE COULD NOT
MAKE SCHEDULED PAYMENTS
OF MORE THAN $3O MILLION
ON LOANS WHICH FINANCED
THE TRUMP CASTLE CASINO,
HIS LEAST PROFITABLE
PROPERTY IN ATLANTIC CITY.
TRUMP ALSO DISCLOSED THAT
HIS BANKERS HAVE NOT GIVEN
FINAL APPROVAL TO
A $60 MILLION REFINANCING
LOAN HE HAS BEEN SEEKING
FOR MONTHS.
TRUMP STILL HAS A GRACE
PERIOD TO PAY THE CASTLE
DEBTS, BUT IF HE FAILS
TO COME UP WITH THE MONEY,
THE CASINO COULD BE
AUCTIONED TO PAY OFF
THE PEOPLE WHO LENT HIM MORE
THAN $35O MILLION TO BUY IT.
TRUMP COULD CHOOSE
TO PROTECT HIMSELF
IN BANKRUPTCY COURT.
>> IF HE DOES FILE
IN BANKRUPTCY, THAT
AUTOMATICALLY STOPS
FORECLOSURE AND KEEPS HIM
IN CONTROL OF THE CASINO
AND KEEPS HIM OPERATING
THE CASINO.
>> TODAY'S ANNOUNCEMENT CAME
AS SOMETHING OF A SURPRISE.
IT HAD BEEN WIDELY THOUGHT
THE BANKS WOULD LEND TRUMP
ENOUGH MONEY TO HELP HIM GET
THROUGH THE SUMMER SEASON,
WHEN PROFITS TRADITIONALLY
PEAK IN ATLANTIC CITY.
TRUMP DID MAKE ONE POSITIVE
STEP TODAY BY PAYING ANOTHER
$16 MILLION HE OWED
ON THE TRUMP PLAZA, HIS MOST
PROFITABLE CASINO.
STILL, TRUMP OWES MORE THAN
$3 BILLION, PLUS INTEREST,
TO BANKS AND BOND HOLDERS.
AND IT NOW APPEARS THAT
HE IS IN FOR THE FIGHT
OF HIS LIFE TO TRY TO RESCUE
HIS EMPIRE FROM HIS
CREDITORS.
ALLAN FRANK, ABC NEWS,
NEW YORK.
>>> SOMETIMES FAILURE CAN
PAY VERY WELL.
A HOUSE TASK FORCE
OVERSEEING THE SAVINGS
AND LOAN BAILOUT HEARD
TESTIMONY TODAY THAT SOME
OFFICIALS THTH FAILED S&L'S
ARE BEING PAID VERY WELL
BY THE TAXPAYER.
HERE'S ABC'S SHEILAH KAST.
>>> WESTERN EMPIRE SAVINGS
MONTHS AGO.
THE GOVERNMENT TOOK IT OVER,
BUT KEPT ITS THREE TOP
EXECUTIVES ON THE PAYROLL
FOR SEVERAL MONTHS.
ALL TOGETHER, TWO-THIRDS
OF THE TOP EXECUTIVES
OF FAILED S&L'S ARE STILL
ON THE JOB, AT SALARIES
AVERAGING MORE THAN
A QUARTER MILLION DOLLARS
A YEAR.
GOVERNMENT OFFICIALS SAY
THERE'S NOT MUCH THEY CAN
DO.
>> SOME OF THESE SWEETHEART
MANAGEMENT DEALS THAT
THEY CUT FOR THEMSELVES
PRIOR TO THE INSTITUTION
GOING INTO CONSERVATORSHIP
ARE SOMETIMES ALMOST
IRONCLAD LEGALLY.
>> BUT THE CHAIRMAN
OF THE TASK FORCE SAID
HE COULD NOT EVEN GET
THE NAMES AND THE SALARIES
OF THE EXECUTIVES.
>> WHO ARE WE PROTECTING
HERE?
WHO HAS THE INTEREST HERE?
THE AMERICAN PUBLIC THAT'S
GOING TO HAVE TO PAY $13O
MILLION OR THE EMBARRASSMENT
OF SOMEBODY HAVING
THEIR HALF MILLION DOLLAR
SALARY PUT IN PUBLIC.
>> VENTO SAID FAILING TO CUT
THE SALARIES WILL JUST ADD
TO THE COST OF THE BAILOUT.
SHEILAH KAST, ABC NEWS,
ON CAPITIT HILL.
>>> THERE WAS SOME STRONGER
THAN EXPECTED NUMBERS
ON THE OVERALL ECONOMY
TODAY.
A VERY MODERATE RISE
IN INFNFTION.
CONSUMER PRICES IN MAY WENT
UP .2 PERCENT AND THE TRADE
DEFICIT CAME DOWN.
IT WAS $6.9 BILLION
IN APRIL.
DOWN $1.5 BILLION
FROM MARCH.
>>> ON WALL STREET, THE DOW
JONES INDUSTRIALS GAINED
ABOUT 7 1/2 POINTS TODAY
CLOSING AT 2935.
THE TRADING WAS HEAVY.
THE GAIN FOR THE WEEK OVER
ALL, AS YOU CAN SEE,
MORE THAN 73 POINTS.
>>> IN THE MIDWEST TODAY,
THE ENTIRE UNIVERSITY
OF ILLINOIS BASKETBALL
PROGRAM IS IN BIG TROUBLE.
THE NATIONAL COLLEGIATE
ATHLETIC ASSOCIATION HAS
ACCUSED ILLINOIS OF BUYING
PLAYERS.
ILLINOIS IS GOING TO FIGHT
BACK.
ABC'S ARMEN KETEYIAN HAS
BEEN INVESTIGATING THE CASE
FOR AND AGAINST.
>>> THE BASKETBALL TEAM IS
A SLAM-DUNK SUCCESS
AT THE UNIVERSITY
OF ILLINOIS.
EIGHT STRAIGHT POST-SEASON
TOURNAMENTS, $ 2.5 MILLION
A YEAR IN TV AND TICKET
REVENUE.
NOW THE NCAA HAS CHARGED
THE PROGRAM WITH MAJOR
RECRUITING VIOLATIONS.
IF FOUND GUILTY, IT WILL
BECOME THE FIRST BASKETBALL
TEAM TO BE SENTENCED
TO THE NCAA'S DEATH PENALTY,
PUT OUT OF BUSINESS
FOR A YEAR OR MORE --
NO PRACTICES, NO GAMES,
NOTHING.
THE NCAA CHARGES ASSISTANT
COACH JIMMY COLLINS OFFERED
$100,000 IN CASH, PLUS CARS
AND CLOTHING TO HIGH SCHOOL
STARS DEON THOMAS
AND LAPHONSO ELLIS TO COME
TO HIS SCHOOL.
COLLINS DENIES IT.
>> THERE COULD HAVE BEEN
TIMES WHEN WE SAT DOWN
AND SAID WELL YOUR
SCHOLARSHIP OVER A PERIOD
OF TIME IS WORTH THIS AMOUNT
OF MONEY.
BUT AS FAR AS OFFERING CASH
INDUCEMENTS, NO, WE HAVEN'T
DONE THAT.
>> BUT THE TRANSCRIPT
OF A TELEPHONE CONVERSATION
APPEARS TO SUPPORT
THE CHARGE.
BRUCE PEARL, AN ASSISTANT
COACH AT IOWA, SECRETLY
RECORDED THOMAS AFTER
THE PLAYER CHOSE ILLINOIS
OVER IOWA.
THE COACH ASKED HIM ABOUT
AN ALLEGED ILLINOIS OFFER
OF MONEY AND A CAR.
PEARL -- "JIMMY OFFERED
YOU $80,000 AND THE BLAZER,
THAT UPSET YOU, DIDN'T IT?"
THOMAS -- "YEAH, SOMEWHAT."
THOMAS NOW DENIES ILLINOIS
OFFERED HIM ANYTHING.
HE SAYS HE RESPONDED THE WAY
HE DID BECAUSE HE FELT
PRESSURED.
>> BASICALLY I WAS JUST
LETTING HIM -- TELLING HIM
WHAT HE WANTED TO HEAR.
THE THINGS BASICALLY THAT
ARE IN THE ALLEGATIONS
AGAINST ILLINOIS WERE MADE
BY IOWA.
AND THEY WAS JUST TWISTED
AROUND.
>> IN FACT, THOMAS'S
GRANDMOTHER DISPUTES AN NCAA
ALLEGATION AND SAYS IOWA,
NOT ILLINOIS, OFFERED TO PAY
FOR REPAIRS TO HER HOUSE.
>> HE SAID WE COULD FIX IT
LIKE NEW.
AND IF YOU DON'T WANT
TO STAY THERE, WANT TO SEE
DEON PLAY, WE COULD MOVE
YOU TO IOWA.
>> THE IOWA COACH TOLD ABC
NEWS THAT CHARGE WAS
"A COMPLETE JOKE."
NOTRE DAME STAR LAPHONSO
ELLIS HAS ALSO INFORMED
THE NCAA THAT ILLINOIS
OFFERED HIM $2O,000
AND A CAR.
UNIVERSITY SOURCES ARGUE
THAT ELLIS'S ACCOUNTS HAVE
BEEN INCONSISTENT AND VAGUE.
ILLINOIS COACH LOU HENSON
SEES ELLIS'S TESTIMONY
AS PART OF A PLOT BY NOTRE
DAME COACH DIGGER PHELPS
AND OTHERS TO ELIMINATE
ILLINOIS FROM RECRUITING
IN TALENT-RICH CHICAGO.
>> I DON'T LIKE TO USE
THE WORD CONSPIRACY.
BUT YOU NEED TO KEEP THIS
IN MIND -- THEY RAID
OUR STATE.
AND THEN WHEN THEY DON'T GET
A PLAYER, ILLINOIS MUST HAVE
DONE SOMETHING.
>> IN AUGUST, ILLINOIS WILL
ARGUE ITS LIFE AND DEATH
SITUATION BEFORE THE NCAA.
BUT FOR NOW FANS CAN ONLY
HOPE THAT A SUMMER CALM
DOESN'T TURN INTO A DEDELY
SILENCE.
ARMEN KETEYIAN, ABC NEWS,
CHAMPAIGN, ILLIONOIS.
>>> OTHER NEWS.
IN THE GULF OF MEXICO TODAY,
OFFICIALS RELEASED
100 POUNDS OF MICROBES
DESIGNED TO QUITE LITERALLY
EAT PATCHES OF THICK OIL
THAT HAVE BEEN SPILLING
FROM THE BURNING SUPERTANKER
THE MEGA BORG.
35 MILLION GALLONS OF OIL
ARE STILL ON BOARD
THE LISTING TANKER,
BUT THEY CANNOT BE PUMPED
INTO OTHER SHIPS UNTIL
A FIRE IN THE ENGINE ROOM IS
COMPLETELY OUT.
>>> WHEN WE COME BACK,
DEFENDING ROMANIA'S
>>> OVERSEAS TODAY.
ROMANIA'S PRESIDENT-ELECT
ION ILIESCU HAS SENT HOME
THOUSANDS OF COAL MINERS
HE HAD SUMMONED TO BUCHAREST
TO CRUSH POLITICAL DISSENT.
BUT NOT BEFORE THEY HAD GONE
ON A TWO-DAY RAMPAGE AGAINST
THE PRESIDENTS OPPONENTS.
IT WAS THE WORST VIOLENCE
IN ROMANIA SINCE LAST
DECEMBER'S PRO-DEMOCRACY
REVOLUTION.
IN BUCHAREST, ABC'S JOHN
DONVAN.
>>> THE MINERS PULLED OUT
OF BUCHAREST STILL CARRYING
THEIR CLUBS AND AXES
AND AUTOGRAPHED PHOTOS
OF THE MAN THEY BELIEVE
THEY RESCUED, ROMANIA'S
PRESIDENT, ION ILIESCU.
EARLIER, ILIESCU HAD
GATHERED THE MINERS TOGETHER
TO THANK THEM AND TO PRAISE
THEM FOR DEFENDING ROMANIAN
DEMOCRACY.
PRAISE MANY WESTERNERS MAY
FIND DIFFICULT TO UNDERSTAND
WHEN MOST OF THE PICTURES
FROM ROMANIA THIS WEEK HAVE
SHOWED MINERS BASHING HEADS,
ATTACKING CITIZENS
THEY SUSPECT OF BEING
AGAINST ILIESCU, A MAN
TO WHOM THEY FEEL INDEBTED.
ILIESCU HAS BEEN TAKING CARE
OF THE COAL MINERS.
HE HAS DOUBLED THEIR WAGES
AND SHORTENED THEIR HOURS.
THIS WEEK, IT WAS EASY
FOR THE MINERS TO JUSTIFY
ASSAULTS ON HIS POLITICAL
OPPONENTS, REAL AND
IMAGINATIVE.
THEY HAVE BEEN TOLD THAT
SOME OPPOSITION PARTIES,
LIKE THE PEASANTS PARTY
AND THE LIBERALS,
ARE AGAINST THE WORKING MAN.
THEY RANSACKED THE
HEADQUARTES OF BOTH.
NO, THEY SAID, NO ONE PAID
THEM TO COME TO BUCHAREST
THIS WEEK.
SHAME ON ANYONE WHO SAYS
THAT, THEY SHOUTED.
WE WOULD NEVER SELL OUT
OUR COUNTRY.
IT SEEMS TO BOTHER THEM
LITTLE THAT SOME
OF THEIR ACTS THIS WEEK MAY
CONTRADICT THE SPIRIT
OF DEMOCRACY THEY SAY
THEY WANT FOR ROMANIA.
WE CANNOT GET TO DEMOCRACY
IN ONE LEAP, THIS MINER
SAYS.
HIS COLLEAGUE ADDS THAT IT
IS SOME OF THE OPPOSITION
PARTIES WHO ARE THE THREAT
TO DEMOCRACY.
BEFORE THEY LEFT THIS
EVENING, THE MINERS MADE ONE
LAST MARCH THROUGH
BUCHAREST'S DOWNTOWN.
ONCE AGAIN, THEY ASSAULTED
WESTERN JOURNALISTS,
INCLUDING A FILM CREW
RECORDED BY A WEST GERMAN
CAMERAMAN FROM HIS HOTEL
ROOM.
JOURNALISTS ARE ONE MORE
CATEGORY OF SUSPECT PERSONS
TO THE COAL MINERS
IN A CRUSADE THAT LEAVES
THEM AS THEY HEAD FOR HOME
FEELING LIKE HEROES.
JOHN DONVAN, ABC NEWS,
BUCHAREST.
>>> IN THE SOVIET UNION
TODAY, BORIS YELTSIN,
THE PRESIDENT OF THE RUSSIAN
REPUBLIC, SUFFERED A SETBACK
WHEN HIS CANDIDATE FOR PRIME
MINISTER OF THE REPUBLIC WAS
DEFEATED BY A MORE MODERATE
REFORMER.
THE DEFEAT WAS SEEN
AS A REJECTION OF
MR. YELTSIN'S PLAN
TO RAPIDLY CHANGE
THE ECONOMY.
AS BARRIE DUNSMORE REPORTS
FROM MOSCOW TONIGHT,
EVEN MR. GORBACHEV'S
SLOWER-PACED ECONOMIC
REFORMS HAVE NOW BEEN PUT
ON HOLD.
>>> IN MOSCOW BREAD SHOPS
TODAY, THE GOOD NEWS
FOR THE CONSUMER WAS THAT
BREAD WILL STAY AT PRICES
SET IN THE 192O'S.
THE BAD NEWS WAS THAT MEANT
THE GOVERNMENT'S FIRST
EFFORT AT CREATING A MARKET
ECONOMY HAD FAILED.
IN ITS FINAL HOURS,
THE SOVIET PARLIAMENT
REJECTED THE REFORM PROGRAM
FOR MAKING LIFE MORE
EXPENSIVE FOR INDIVIDUALS
WITHOUT SHOWING THE BENEFITS
OF THE SWITCH FROM A STATE
TO A MARKET ECONOMY.
THE MAYOR OF LENINGRAD WAS
A LEADING OPPONENT
OF THE PROPOSED REFORMS.
>> I VOTED AGAINST THIS
GOVERNMENT PROGRAM,
BECAUSE IT TOOK THE COUNTRY
NO WHERE.
AND DISCREDITED THE WHOLE
IDEA OF A MARKET ECONOMY.
>> EVEN A SENIOR EDITOR
OF THE GOVERNMENT'S OWN
NEWSPAPER, "IZVESTIA,"
CONCEDES THE PROBLEM.
>> PERESTROIKA DOESN'T WORK
YET AT ALL.
I WOULD SAY THAT
ECONOMICALLY, THE PEOPLE IS
WORSE NOW THAN IT WAS BEFORE
PERESTROIKA.
>> SOME SCENES FROM TODAY
ILLUSTRATE THE PROBLEMS
OF THE SOVIET ECONOMY.
THERE WERE THE USUAL EMPTY
SHELVES AND THERE WAS
THE GOVERNMENT SHOE STORE
WHERE ON THIS SUMMER DAY,
THEY HAD A FINE SUPPLY
OF WINTER BOOTS.
THERE WERE PLENTY OF FRUITS
AND VEGETABLES, BUT MAINLY
IN PRIVATE MARKETS AT 1O
TIMES THE STATE STORE PRICE.
THE SAME WAS TRUE WITH MEAT.
TWO POUNDS OF DECENT BEEF
FOR ONE WEEK'S PAY.
FOR MANY RUSSIANS,
THIS PARTICULAR FORM
OF CAPITALISM IS VERY
UNATTRACTIVE.
BUT THERE ARE ECONOMISTS
HERE WHO INSIST THAT
WITH RADICAL REFORM,
THINGS WILL GET BETTER.
>> I DO BELIEVE THAT
THE BEGINNING OF THE NEXT
CENTURY WILL BE CALLED LATER
A SOVIET ECONOMIC WONDER.
>> NOW, THE SOVIETS HAVE
GIVEN THEMSELVES UNTIL
SEPTEMBER TO COME UP
WITH YET ANOTHER REFORM
PROGRAM.
IF IT WORKS, THAT WILL BE
SOMETHING OF A SOVIET
ECONOMIC WONDER.
BARRIE DUNSMORE, ABC NEWS,
MOSCOW.
>>> STILL INTERNATIONAL
NEWS.
THE PRESIDENT OF NICARAGUA
SAYS SHE WILL CUT
HER COUNTRY'S ARMY BY MORE
THAN A HALF.
VIOLETA CHAMORRO SAID THAT
BEFORE SHE FINISHES
HER FIRST 100 DAYS
IN OFFICE, THAT'S ON THE 2ND
OF AUGUST, THE ARMY WILL BE
REDUCED 41,000.
UNDER THE SANDINISTA
GOVERNMENT, THERE WERE MORE
THAN 100,000 MEN AND WOMEN
IN THE ARMED FORCES.
>>> IN OUR NEXT SEGMENT,
THE LOBBYIST OPPOSED
TO ABORTION.