I just came across this listing and I have never seen one like it before. The front clasp reminds me of a Laurel but it is definitely a satchel. Thanks for any info you can provide.
http://www.ebay.com/itm/Vintage-COA...768?pt=US_CSA_WH_Handbags&hash=item2a35ada898
It's called a Hudson Bag and is from the same period, around 1991. Style number 4113.