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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Oct 16, 2002
Page
15
A dense list of mutual funds and accounts from numerous firms includes balances, fund names, and performance figures. The data shows holdings across Fidelity, Vanguard, American Funds, T. Rowe Price, PIMCO, Janus, and many others, with varied asset allocations and reported values. It reads like a comprehensive portfolio snapshot with numerous entities, values, and deltas.
Former ImClone Systems founder Samuel Waksal pleaded guilty to six counts including securities fraud and perjury in the federal insider trading investigation. He admitted tipping his daughter and discussed possible further charges, while Martha Stewart and Peter Bacanovic denied wrongdoing and were not charged.
President Bush urged expanding minority homeownership to add about 256 billion dollars to the U.S. economy over a decade. He outlined a White House plan to raise minority homeownership by more than 40 percent by 2010, including down payment assistance for 40,000 low income families, 2.4 billion in developer tax credits, and using rental aid to curb mortgage costs, with Congress weighing the proposals.
Deputy Bob Wenzel was named acting Internal Revenue Service commissioner as a permanent replacement for Charles Rossetti is sought. Treasury Secretary Paul ONeill said Wenzel would maintain momentum on reforms, including updating computer systems and boosting tax enforcement, amid Rossetti's planned Nov. 6 departure. Wenzel has led since 1998 and is nearing retirement, with officials saying he will not pursue the permanent post.
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