A Oct. 28 story, "Cityscape May Face More Severe Problems as Stock Continues to Slide" (page 12), reported erroneous speculation that Robert Grosser, former Cityscape Financial Corp. chief executive, had never purchased 100,000 shares of the company's stock. It also reported erroneous assertions that no such transaction had been reported to the Securities and Exchange Commission. In fact the transaction was reported to the SEC on Aug. 14.
Because of an editing error, the Nov. 18 article "Star Salomon Unit to Withstand Travelers Merger" (page 25) gave the wrong name for a Houston savings and loan that financier Lewis S. Ranieri had turned around. It is Bank United Corp.