The February 11, 1995 was a Saturday under the star sign of ♒. It was the 41 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 31 years old. Your last birthday was on the Wednesday, February 11, 2026, 142 days ago. Your next birthday is on Thursday, February 11, 2027, in 222 days. You have lived for 11,465 days, or about 275,169 hours, or about 16,510,162 minutes, or about 990,609,720 seconds.
11th of February 1995 News
News as it appeared on the front page of the New York Times on February 11, 1995
Gazans Get Own TV, Filtered By Arafat
Date: 12 February 1995
By Joel Greenberg
Joel Greenberg
Most nights now at 8:30, Bakir Radwan and his family sit in their bare cinder-block house in the Shati refugee camp watching a novelty that has begun to reach many living rooms here: Palestinian television news. The Radwans, who installed a new antenna several weeks ago, watch with mixed emotions. They are proud to see Palestinian television, originating from Gaza, after decades of only Israeli and Arab state broadcasts. But they also know that their news is filtered by the Palestinian Authority, which controls programming.
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Discussing the Budget: Zzzzzz-z-z-z
Date: 11 February 1995
By Walter Goodman
Walter Goodman
No, the national budget is no O. J. Simpson. Still, one might assume it has enough significance as a news story to sustain upscale interview programs. But like other economic matters, budgets give television the shakes. Everyone takes a shot at the subject, but it keeps confounding the pros. On Sunday, "Meet the Press" brought on two masters of Senate and tube: Robert Byrd, the West Virginia Democrat who is leading the resistance to a balanced-budget amendment, and Bob Dole of Kansas, the Majority Leader, to discuss "Balanced Budget: To Be or Not to Be?"
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Unesco Chief Builds Links To Americans
Date: 12 February 1995
By Barbara Crossette
Barbara Crossette
The Director General of Unesco, which the Clinton Administration has decided not to rejoin, is building unofficial bridges to Americans as a way to insure their involvement in the organization. "The United States cannot be absent from Unesco, and in fact it is not," said Federico Mayor, who has run the United Nations Educational, Scientific and Cultural Organization in Paris since 1987.
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THE NATION: The Greatest O.J. Show on Earth; Searching for Thrills, the Cheaper the Better
Date: 12 February 1995
By David Margolick
David Margolick
IT is a caravan of wooden trailers and satellite trucks, of gawkers and gewgaw merchants, and it moves like a circus from one high-profile, high Neilsen-rating tragedy to another. It specializes in criminal trials and has already been through William Kennedy Smith, the Menendez Brothers and the Bobbitts. Its latest stop is downtown Los Angeles, for what has become, quite literally, the Greatest Show on Earth. Opinion polls show that the public is sick of People v. Orenthal James Simpson. But in the electronic village that has popped up outside the Hall of Justice, opposite the courthouse in which Mr. Simpson sits, and extending to the Hollywood Freeway, one can make a different diagnosis: the sicknesses at work here are an insatiable hunger for titillation and a terminal case of voyeurism.
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LG&E ENERGY IN AGREEMENT TO PURCHASE HADSON
Date: 11 February 1995
By Bloomberg News
Bloomberg News
The LG&E Energy Corporation agreed yesterday to purchase the Hadson Corporation, a Dallas-based natural gas marketing and processing company, for $143 million. The acquisition involves all Hadson subsidiaries, including Hadson Gas Systems, its natural gas marketing unit, as well as the company's 1,300 miles of gas gathering, transmission, processing and storage systems. The shares of LG&E Energy, the holding company for the Louisville Gas and Electric Company, closed down 12.5 cents at $39.375. Hadson's shares were unchanged at $2.125.
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ZURICH INSURANCE REVISES HOME HOLDINGS BID
Date: 11 February 1995
By Bloomberg News
Bloomberg News
The Zurich Insurance Company revised its agreement to take over Home Holdings, an ailing insurer, yesterday to increase protection for Home's investors and policyholders. The changes will provide at least $1 billion to back up Home Holdings policyholders, assure a 7.5 percent annual return on its investments and guarantee bond interest payments for two years. The changes are intended to placate Home's bondholders and policyholders who worry about being exposed to losses. The changes did not placate all critics. Max Holmes, a director at Salomon Brothers, noted that the greatest risk to bondholders was not in the next two years, when Zurich would guarantee interest payments, but rather in more distant years.
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Goldman's 22% Loss in Capital
Date: 11 February 1995
By Bloomberg News
Bloomberg News
Goldman, Sachs & Company, the nation's biggest investment banking partnership, has disclosed in a regulatory filing that the capital of its 173 partners fell 22 percent in 1994 as earnings plunged and that about 40 senior executives, including its chairman, Stephen Friedman, had departed. The decline in capital is a reflection of the 126-year-old firm's 80 percent drop in pretax profit last year. Goldman has dismissed at least 1,000 people since November, the end of its fiscal year, after hiring that many people a year earlier.
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Grand Union Debt Ruling
Date: 11 February 1995
By Bloomberg News
Bloomberg News
The Grand Union Company is free to pay trade creditors as much as $140 million for bills that accumulated before the grocery store chain filed for Chapter 11 bankruptcy protection, a United States Bankruptcy Court judge ruled today. Judge Peter J. Walsh said today that he had received letters from trade creditors indicating that they could be driven to seek bankruptcy protection themselves, if not paid. He said he was acting in the public interest to avoid a "domino effect."
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Bond Prices Fall on Weight of New Supply
Date: 11 February 1995
By Bloomberg News
Bloomberg News
Bond prices fell yesterday as investment firms struggled to sell some of the $40 billion of notes and bonds they purchased in the Government's quarterly debt auction this week. The bond market "did have a major seller, and that was the U.S. Government," said Van Hoisington, president of Hoisington Asset Management, a Dallas firm with $2.7 billion in assets. "Anytime you have a major seller, the markets decline."
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The Dollar Takes a Tumble, Following U.S. Bonds Lower
Date: 11 February 1995
By Bloomberg News
Bloomberg News
The dollar fell against most leading currencies yesterday, following American bonds lower after a report on producer prices in the United States showed rising raw material costs. "The dollar was very tied in with the bond market today," said Ross Taylor, head of foreign exchange at Daiwa Securities (America).
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