Former WorldCom chief charged with securities fraud
Former WorldCom CEO Bernard Ebbers and CFO Scott Sullivan face federal indictments for a scheme that inflated earnings by 11 billion dollars. Ebbers is jailed pending arraignment, while Sullivan pleaded guilty and agreed to testify. The case traces to WorldCom’s 2002 bankruptcy and 4 billion in hidden expenses.
MENTIONED IN THIS ARTICLE
New York
WorldCom
Bernard Ebbers
Ebbers
Securities and Exchange Commission
Scott Sullivan
Bernie Ebbers
WorldCont
Sullivan
Boca Raton
MCI
Mississippi
Ashburn
Greenspan says rates must rise eventually in U S
Fed chairman Alan Greenspan warns that extra-low short-term rates at 1 percent will eventually need to move higher to a more neutral level. He offered no timing, noting the economy still benefits from easy money while inflation remains low. Analysts expect possible action by midyear or later, with markets awaiting the March 16 policy meeting.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Fed
Federal Funds
Federal Open Market Committee
Greenspan
United States
Wall Street
Main Street
Lyn Reaser
Banc of America Capital Management
SBDC Banquet Tickets Last Chance at Goose Creek Club
The Monument Awards Banquet by Lee College SBDC is Thursday at Goose Creek Country Club Baytown. Socializing starts at 7 p.m. and dinner follows. Tickets are $25 and reservations or purchases must be made today by calling 281-425-6556.
MENTIONED IN THIS ARTICLE
Baytown Teachers Credit Union
Baytown Teachers Credit Unist
BTCU
Goose Creek
Barbers Hill Isd
Crosby Isd
Lee College
Chambers County
Lee College Small Business Development Center
Goose Creek Country Club
Baytown
SBDC
Stewart Defense Calls Government Conspiracy Claim Laughable
Martha Stewart’s lawyer said in closing arguments that the government wrongly accused her in a federal stock trial. The defense challenged prosecutors’ key claim that Stewart and broker Peter Bacanovic gave inconsistent stories about a plan to sell ImClone shares worth about 225000 dollars on December 27 2001. Jurors were expected to begin deliberations.
MENTIONED IN THIS ARTICLE
New York
Martha Stewart
Robert Morville
Stewart
Peter Bacanovic
ImClone Systems
Bacanovic
Appeals court blocks FCC local phone service rules
A three judge panel of the D.C. Circuit unanimously sided with Verizon BellSouth SBC and Qwest, rejecting FCC rules that would let states regulate which companies may offer local phone service and insisting the agency failings to follow prior rulings. The decision blocks efforts to spur competition in local telephone service mandated by Congress in 1998.
MENTIONED IN THIS ARTICLE
Washington
Dr. Circuit Court of Appeals
Bell
Verizon
BellSouth
SBC
Qwest
Federal Communications Commission
Commission
FCC
Congress
Stocks Fall On Profit Taking In New York Market
New York stocks fell Tuesday as investors booked profits, erasing most of Monday gains and dampening hopes for a market rebound. Analysts cited a firmer dollar and the chance of higher rates, with little economic news to spur buying. The Dow slid 86.66 to about 10,591.48.
MENTIONED IN THIS ARTICLE
New York
Wall Street
The
Associated Press
Oil Falls Ahead of Data in New York and London
Oil futures slipped marginally as traders locked in gains ahead of crucial petroleum inventory figures. April WTI settled at 36.66 a barrel, Brent at 33.15, with analysts noting a market long position and expectations of draws in weekly reports.
MENTIONED IN THIS ARTICLE
NEW York
New York Mercantile Exchange
London
International Petroleum Exchange
Brent
Michael Guido
Societe Generale
Nymex
Commodity Futures Trading Commission
Also Mentioned on This Page
Excfo
Larry Kellmesster
U.S
John Ashcroft
Americas
Reid H. Weingarten
Jeannine Aversa
Kang
Eugene Kang MD
Garth
Appeals Court
Joseph H. Smith
Rollingbrook
Texas
Americ
Mar
Nyse Amex Naspaa I
jName Mamma
Conolog
Artytary
Euravechs
Mingett Speclink
Unysiain If
Hitepat
Athg Vesialns
HawHord
Suptech
Beverly
MCF Corp
Marvelent
Ao Em
Ifightsar
Ambsy
Riviera
Cali
Srshemat
GmbarCos
Castelle
Eth
WelGra
Lucent
Microsoft
EagleBlend
GenElec
Siuss
Motorola
Ale
Dow Jones
At&t
Algiate
Mores
Ee Ny
Peng NY
Chermilex
Cisco
NASA
Disney
Senin
Sears
Pest
Iehles
Pana
Jan Baily
Ecard
Dow. Industrals
Gia
Bow Transnation
Ea RS Dow Utilities
Ag Ag
NYSE
S&p
Sana Ae
Ame
Insay
James Steel
New York Research
Resca LLC
Elaiee
CMLL
Texas Capital “Management
Baker
Txomn.com
Bor Dredd
Jennifer Marcontell
Ballinghowah
Ste Raytown
Edward Jones
Individusi
Dors
Alombsy
Stephen V. Takach
N. Alexander
R Baytown
Edvand Jones
Swco Wattons
SIPC
Community Resource
Crcu.org
Baytown Sun
Toe Sun
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!