On this day

September 17, 1991

Revisit the music, news, notable people, and historical moments connected to this date.

Portrait 1080 × 1920 PNG · created on your device

Filter by:

Headlines from September 17, 1991

BUSINESS DIGEST

By Unknown Author

Companies Allstate is seeking to leave New Jersey. It said it would try to get regulatory approval to stop writing virtually all types of coverage in the state. Blaming years of losses from its core auto-insurance operation, Allstate said its withdrawal would affect insurance covering more than 400,000 cars and 250,000 homes. [ Page A1. ] It could be as long as five years before policy holders feel the effects of an Allstate withdrawal from New Jersey. [ D8. ] Gov. Florio sold himself to New Jersey's voters as a foe of insurers, but many critics say the changes he promised have fallen short. [ D8. ] Nynex said it had reached an unusual mid-contract accord with its unions in an effort to avoid another strike like one in 1989. Nynex is giving pay raises of 13 percent over three years. [ D1. ] Frito-Lay announced big changes to lower its cost of doing business, after two years of fending off snack-food rivals. [ D1. ] General Electric said it would take a $1.8 billion non-cash, after-tax charge against earnings to comply with a new accounting rule covering retiree health benefits. The charge will turn a first-quarter gain into a loss, but G.E.'s stock rose. [ D1. ] Paul Mozer, the trader at the center of the Salomon scandal, has approached the Government about the possibility of negotiating a deal, Wall Street lawyers said. [ D2. ] A Campeau agreement will turn Olympia & York, its largest creditor, into its largest shareholder. [ D4. ] American, United and Delta wasted little time matching T.W.A.'s $198 roundtrip coast-to-coast airfare. [ D5. ] American Airlines' decision to cut spending and to consider upgrading its DC-10's is raising questions about the viability of newer Boeing and Airbus models. (D5. ] Hanson said it would buy Beazer for $609 million. [ D4. ] The Air Force issued a stern warning to Northrop to fix problems plaguing the development of a new "Stealth" missile. [ A12. ] The Economy A G.A.O. report criticizes Federal regulators for what it calls their lax supervision of the Bank of New England before it failed. The report raises new questions for Robert L. Clarke, the comptroller, who faces confirmation hearings later this month. [ D1. ] Opponents of the changes proposed for the banking industry began their campaign to soften the legislation in progress. [ D7. ] Businesses allowed their inventories to drop 0.3 percent in July, to the lowest level in two years, the Government said. [ D9. ] Thousands of truck drivers are crowding onto smaller state roads in Pennsylvania and New Jersey to avoid soaring turnpike tolls, causing concerns about accidents and congestion. [ D1. ] International The World Bank's new president, Lewis T. Preston, is reportedly beginning to assert his control by imposing a new system of senior management used in American corporations. [ D7. ] Markets A late rally pushed blue-chip stocks higher, but the move did not spread to smaller issues. The Dow rose 29.52, to 3,015.21. [ D10. ] Prices of Treasury securities moved a bit higher. [ D16. ] Soybean futures prices rose sharply on forecasts for freezing temperatures in the upper Midwest. [ D17. ] The dollar fell. [ D17. ] Today's Columns The nation's health insurers are seeking to subsidize Government appraisals of the efficacy and cost-effectiveness of expensive new medical devices and procedures. Milt Freudenheim: Business and Health. [ D2. ] Bad news for the Stealth bomber is bad news for Northrop. Or is it? Market Place. [ D10. ] Backer Spielvogel Bates is changing its top management for the Asia-Pacific market. Stuart Elliott: Advertising. [ D19. ]

Financial Desk662 words

G.E. Sets $1.8 Billion Charge For Rule on Retiree Benefits

By Alison Leigh Cowan

The General Electric Company said yesterday that it would take a $1.8 billion non-cash, after-tax charge against its earnings for the first quarter of the year to comply with a new accounting rule concerning retirees' health benefits. The charge to earnings, which works out to be about $2.07 a share for the quarter that ended on March 31, will turn a gain of $1.15 a share into a loss of 85 to 95 cents after the company's earnings are restated. Still, G.E.'s shares rose $1.875 yesterday on the New York Stock Exchange to close at $69.75.

Financial Desk828 words

Girl Chained by Parents Says She Wants to Stay at Home

By John T. McQuiston

A 15-year-old girl whose parents had chained her to an iron pipe for two months in their Bronx apartment to keep her away from drugs said last night that she loved her parents, wanted to be back home and understood why they had disciplined her. She was reunited with her parents last night and they gathered with friends in the apartment where she said she would even be willing to be chained again.

Metropolitan Desk939 words

Gates Admits to 'Misjudgments,' But Says He Is Fit to Lead C.I.A.

By Elaine Sciolino

Given a rare second chance to become Director of Central Intelligence, Robert M. Gates opened Senate confirmation hearings today by presenting himself as both contrite supplicant and seasoned Presidential adviser, a man who deserves the job as the nation's intelligence chief. In an effort to defuse still-explosive questions about his role in the Iran-contra affair, which sank his nomination to the same post in 1987, Mr. Gates said he had made a number of mistakes in not pursuing the possibility of impropriety or wrongdoing in the Government and would now be more aggressive in trying to prevent any similar activities. [ Excerpts, page A16. ] "I want to speak about the misjudgments that I made and the lessons I learned," Mr. Gates, the deputy national security adviser, told the Senate Intelligence Committee, reading from handwritten notes that he said he drafted Sunday night. "I should have done more." Over and over, when committee members asked him why he had not done more in specific instances, he said simply that he should have done more. Speaking under oath in a controlled tone, he added: "I should have been more skeptical of what I was told. I should have asked more questions and I should have been less satisfied with the answers I received, especially from Director Casey." Accused of 'Willful Ignorance' But he assured the committee members that they would not find a nominee "more aware of and sensitive to the lessons of that time or more understanding of the importance of a good-faith relationship with the Congress." During the summer and fall of 1986, as the Iran-contra affair was still unfolding in secret, Mr. Gates served as Deputy Director of Central Intelligence, and William J. Casey was the Director. Mr. Gates said four years ago that he had not pursued information about the affair, in part because Mr. Casey had assured him nothing improper was going on. Despite Mr. Gates's comments today, Democratic members of the committee wasted no time in pressing him about when he first learned about the secret sale of arms to Iran and the diversion of the profits to the Nicaraguan rebels, and why he had failed to pursue the information he had. Mr. Gates maintained, as he did in his 1987 confirmation hearings, that he was aware of only fragmentary information about the affair until it was publicly disclosed in late November 1986. "You were absolutely surrounded by the truth," Senator Howard Metzenbaum said. "The question is, how could you possibly not know? As No. 2 man at the agency, such willful ignorance is inexcusable." The Ohio Democrat noted that the nominee had said in response to 33 written questions from the committee that he could not recall events related to the Iran-contra affair. "I hope your memory improves during the course of these hearings," Mr. Metzenbaum said. Casey on Spot as Well As Mr. Gates's appearance extended into the evening, it was difficult to tell whether he was gaining or losing ground with the committee, which appeared inclined but far from committed to approving his nomination when the hearings began. Of the 15 panel members, those who seemed most skeptical were Senators Metzenbaum, Dennis DeConcini, Democrat of Arizona, and Bill Bradley, Democrat of New Jersey. From the outset the hearings were as much a trial of Mr. Casey as they were an examination of Mr. Gates, with Senator David L. Boren, the Oklahoma Democrat who heads the Senate Select Intelligence Committee, starting off with dozens of queries about the minutiae of Iran-contra. For the first time, the 47-year-old Mr. Gates, who in his February 1987 testimony opened his prepared remarks with a paean of praise for Mr. Casey, today put some distance between himself and his former boss, mentor and protector. "However close we may have been professionally," Mr. Gates said of Mr. Casey, who died of a brain tumor in May 1987, "there was really, despite some of the things that have been written, a certain distance in a personal relationship. Mr. Casey was almost 30 years older than I was at the time, a different generation." Gates's Plan for Agency A number of committee members stressed that they would use this week's hearings to explore questions about the future of the C.I.A. and whether Mr. Gates is the right man to guide the agency into an era when cold war intelligence activities are outdated. In his prepared testimony, Mr. Gates offered a brief outline of what he would do if confirmed. He said that he would recommend that President Bush begin a major effort to determine the intelligence needs of the country for the next decade, would substantially expand the number of experts who gather intelligence and work to improve the relevance of intelligence to policymakers, and the relationship between the C.I.A. and the military. Mr. Gates, apparently suggesting he would alter some C.I.A. operations, told the committee, "We must consider the implications for our covert action capabilities of a dramatic decline in Soviet aggressiveness and disruptive activities in the third world." But today's hearings were dominated by the past. At a news conference in the Rose Garden this afternoon, President Bush expressed irritation with the way the Iran-contra scandal has dogged his Administration. "I wish the damned thing had never happened," the President said when asked if he, like Mr. Gates, wished he had done more to learn the details of the scandal. 'A Lot of Hindsight' But he declined to comment specifically on Mr. Gates's testimony today, saying he had not yet read it. "From any summary of what's been said, I have no feeling that his chances have been diminished and, indeed, my support for him will not waver," Mr. Bush said. "But I suppose what he's saying, if that's it, is that with a lot of hindsight and a lot of things that have come to the surface since, maybe he wished he had done things differently. I guess we all might fit into that description." In his 1987 Senate testimony, Mr. Gates said that "nobody ever accused me of being slow," and his presentation today showed an extraordinary deference to the committee and the process of Congressional oversight on intelligence matters. He vowed to build a relationship of "trust and confidence" with Congress if he is confirmed, and to resign from the job of Director rather than jeopardize that relationship because of differences with the executive branch or the C.I.A. In 1987, by contrast, when Mr. Gates was pressed repeatedly by committee members about what he would do if the President prevented him from reporting to Congress, he said only that he would "contemplate resignation." But Mr. Gates's continued assertions in written answers to the committee that he had only vague information about the Iran-contra affair led some Democrats on the panel to question his candor. Senator Bradley offered the most relentless critique of Mr. Gates, accusing the nominee of "lapses of judgment." The committee will have to decide, he said, whether they were "isolated mistakes or part of a pattern in which Mr. Gates tailored intelligence to suit policymakers or his own biases, failed to prevent, protest or at least warn of improperly authorized activities or even suppressed damaging information." A More Personal Tone As one example, Mr. Bradley said that the Iran-contra affair began with "an error of judgment," namely what he called "a badly flawed estimate" in 1985 of Iranian vulnerability by the National Intelligence Council, the most senior body of intelligence analysts, which Mr. Gates headed. Unlike in his 1987 testimony, Mr. Gates today infused his answers with an emotional and personal tone. He said he was "humbled" by the honor of the nomination and described himself as a loyal public servant who came to Washington 25 years ago with all of his possessions: "a 1965 Mustang and no money." He also sought to defuse criticism about his pessimistic views of the Soviet Union since the coming to power of Mikhail S. Gorbachev in the spring of 1985, and his failure to predict the collapse of the Soviet Union. "Who would have thought just five years ago we would stand where we are today -- certainly not the intelligence analyst sitting before you today," Mr. Gates said. "Talk about humbling experiences." But the senators repeatedly returned to questions and allegations about Mr. Gates's knowledge of the Iran-contra affair. Mr. Gates said that he had "no recollection" of a conversation in late August 1986 with Richard Kerr, the current Acting Director of Central Intelligence who was one of Mr. Gates's immediate subordinates, in which Mr. Kerr says he told his boss of the affair. "I've never denied Mr. Kerr may have broached this subject with me," Mr. Gates said. "I've simply said that I have no recollection of it myself." When asked about a sworn statement by Mr. Kerr's top assistant, John Helgerson, that Mr. Kerr also told him about his conversation with Mr. Gates, the nominee conceded, "I would regard Mr. Helgerson's recollection as adding weight to the fact that Mr. Kerr did in fact come to me." He was also asked about allegations that the Reagan Presidential campaign in 1980 tried to delay the release of 52 American hostages held in Teheran until after the November election. He said he had no knowledge of or involvement in such a plan.

National Desk1579 words

INSIDE

By Unknown Author

Thomas's Last Day Clarence Thomas ended his testimony before the Senate Judiciary Committee, but after five days, many of his views were elusive. Page A14. Search for Yugoslav Peace West European nations, frustrated bytheir inability to enforce a Yugoslav cease-fire, moved closer to sending a peacekeeping force. Page A3. Nynex in Early Union Pact Seeking to avoid another bitter strike, Nynex reached an unusual mid-contract accord calling for 13 percent raises over three years. Page D1.

National Desk76 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of September 11, 1991, covering September 17, 1991.

  1. 1
    Album cover for Metallica by Metallica

    Metallica

    Metallica

    Last week
    1
    Peak
    1
    Weeks
    3
  2. 2
    Album cover for Unforgettable: With Love by Natalie Cole

    Unforgettable: With Love

    Natalie Cole

    Last week
    2
    Peak
    1
    Weeks
    12
  3. 3
    Album cover for Luck Of The Draw by Bonnie Raitt

    Luck Of The Draw

    Bonnie Raitt

    Last week
    5
    Peak
    2
    Weeks
    10
  4. 4
    Album cover for C.M.B. by Color Me Badd

    C.M.B.

    Color Me Badd

    Last week
    3
    Peak
    3
    Weeks
    6
  5. 5
    Album cover for Cooleyhighharmony by Boyz II Men

    Cooleyhighharmony

    Boyz II Men

    Last week
    6
    Peak
    3
    Weeks
    16

Notable Births

Ryo Ishikawa

1991Ryo Ishikawa, Japanese golfer[†]

Ryo Ishikawa , also known by the nickname Hanikami Ōji , is a Japanese professional golfer.

1991Justyna Jegiołka, Polish tennis player[†]

Justyna Jegiołka is a retired Polish tennis player.

Cameron King

1991Cameron King, Australian rugby league player[†]

Cameron King is an Australian former professional rugby league footballer who played as a hooker in the 2010s.

Mena Massoud

1991Mena Massoud, Egyptian-Canadian actor[†]

Mena Mansour Massoud is an Egyptian-born Canadian actor. He made his film debut in the 2017 Canadian dramatic thriller Ordinary Days. His breakthrough came with playing the title character in the Disney fantasy film Aladdin (2019), which earned him nominations for a Teen Choice Award and two National Film & TV Awards.

Egor Yakovlev

1991Egor Yakovlev, Russian ice hockey player[†]

Egor Konstantinovich Yakovlev is a Russian professional ice hockey defenceman for Metallurg Magnitogorsk of the Kontinental Hockey League (KHL). He previously played in the National Hockey League (NHL) with the New Jersey Devils.

Notable Deaths

Zino Francescatti

1991Zino Francescatti, French violinist and composer (born 1902)[†]

René-Charles "Zino" Francescatti was a French virtuoso violinist, renowned for his lyrical playing style.

Historical Events

Estonia

1991Estonia, North Korea, South Korea, Latvia, Lithuania, the Marshall Islands and Micronesia join the United Nations.[†]

Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest urban areas. The Estonian language is the official language and the first language of the majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO.

Linux

1991The first version of the Linux kernel (0.01) is released to the Internet.[†]

Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991, by Linus Torvalds. Linux is typically packaged as a Linux distribution (distro), which includes the kernel and supporting system software and libraries—most of which are provided by third parties—to create a complete operating system, designed as a clone of Unix and released under the copyleft GPL license.

Historical Context for September 17, 1991

In 1991, the world population was approximately 5,418,735,891 people[†]