The Very Large Array (VLA) and the frequency agile interferometer at the Owens Valley Radio Observatory (OVRO) were used to observe the M8.1 flare of 23 June, 1988. The VLA obtained images prior to and during the flare at 333 MHz, and at 1.5 and 4.7 GHz. The frequency agile interferometer at Owens Valley obtained interferometer amplitude and total power spectra of the flare at 45 frequencies between 1 and 18 GHz. The observations were supplemented by radiometer measurements made by the USAF RSTN network site at Palehua, HI, by GOES soft X-ray observations, by USAF SOON Hα filtergrams, and by a KPNO photospheric magnetogram. The radio data reveal a wide variety of phenomena, including: (i) a multiply impulsive microwave burst that is essentially thermal in character; (ii) stationary discrete components at 1.5 GHz, associated temporally and spatially with distant brightenings in Ha; (iii) a dynamical component at 1.5 GHz associated with hot plasma moving subsonically into the corona; (iv) the appearance of intense, short-lived, decimetric burst activity near the lead sunspot in the active region at 1.5 GHz, indicative of a high degree of inhomogeneity in the source. The unusually complete radio coverage allows us to investigate the transport of energy from the initial site to sites of distant Hα brightenings. The transport of energy appears to be most consistent with slow, thermal processes, rather than rapid transport by nonthermal electron beams.