News Briefs

THE DAILY FED

News Briefs

SECTIONS TO CHOOSE FROM:

BUGS TOPS 1997 LIST-"That "wascally wabbit" has done it again. This time, Bugs Bunny has shortchanged the U.S. Postal Service. Last year, after postal officials unveiled their much-anticipated Bugs Bunny stamp, they were boastful over the riches they expected the Warner Bros. cartoon character would bring the federal agency. Bugs Bunny ties, mugs and T-shirts were to be sold in many post offices" (The Washington Post).

LOOKING OUT FOR HISTORY IN U.S. FORESTS-"The tongue-and-groove floor in the old building has buckled in spots, while cedar shingles have been blown from its roof. This neglected historic building, and many others like it across the West, is owned by the federal government. They are unmanned fire lookouts, once proud symbols of the U.S. Forest Service. For some lookouts, there seems to be hope via a program started in 1979 that originally focused on restoring back-country cabins. The Recreational Lodging Program has already restored 17 lookouts and 79 cabins in the Northern Region that spans Montana and Idaho" (The Washington Post).

WHITEWATER PROBE NEARS CRUCIAL PHASE-"The four-year-long Whitewater investigation of the Clintons comes to a critical juncture over the next two months as three people considered potentially central witnesses face mounting pressure to cooperate with independent counsel Kenneth W. Starr or risk further criminal proceedings" (The Washington Post).

**TSP Open Season - Runs November 15, 1997 to January 31, 1998.

CONFERENCE ANNOUNCEMENTS

Managing the Federal Employee Discipline and Performance Process

Jan. 12-13, Feb. 25-26. A nuts-and-bolts course designed to enable managers to navigate through the shoals of employee conduct and performance problems without becoming the loser. Cost:$550. Conducted by William Rudman. Brookings Institution. Washington, D.C. Contact Lela Sallis (202)797-6299.