McLeodUSA Stock Options Deemed Worthless in Bankruptcy
Shareholders face wiped out stock options as McLeodUSA enters bankruptcy. Beck y Cruise, a former manager, and Lyle Wessale detail losses from 401(k) shares and 1 000 stock positions. Ron Feltes notes the conversion is low but investors remain attracted by the low price despite challenges ahead.
MENTIONED IN THIS ARTICLE
McLeodusa
Becky Cruise
Cruise
Wessale
Ron Feltes
Heartland Investment Associates
Feltes
Smoking ban in cabs seen as successful in Marion area
Public Safety Commissioner David Zahn and Marion City Manager Jeff Schott say cab smoking ban works with two licensed firms Yellow Cab and Century Cab reporting cleaner cars and fewer complaints. Drivers note occasional questions from travelers but no widespread backlash and one incident of a rider refusing to pay after being told to stop smoking.
MENTIONED IN THIS ARTICLE
Public Safety
David Zahn
Marion
Jeff Schott
Zahn
Metro
Yellow Cab
Century Cab
Bridget White
White
Freddie Lederle Jr
Fairfield
Lederle
Jim Coleman
City Hall
Coleman
Lisa van Allen
Healthy
Clean Air For Everyone
CAFE
Linn County
van Allen
Residents appeal district tax hike over budget
The State Appeal Board review follows a protest led by ALOT Against Local Option Tax. The group seeks rejection of a 2.45 per 1000 rate increase pushing the district tax levy to 15.40. The budget centers on an early retirement package and 46 million in construction bond payments with cash reserves replenishment. Janet Borheim reports.
MENTIONED IN THIS ARTICLE
ALOT
State Appeal Board
Wapsie Valley
Also Mentioned on This Page
Lyle Wessale
Cedar Rapids
Department of Management
Larson
Janet Borheim
Janetr
Americ Choi
National Family SharePlan
America's Choice
U.S
Verizon Wireless
Lucent Technologies
Verizonwireless.com
Collins Rd
Lindale Mall
RadioShack
Cedar Rapids Precision Wireless
Lindale & Westdale
Technology Hut
16Th Ave
Coralville
Coral Ridge Mall
Dillards
Dubuque Central Cellular
Central Ave
Cedar Cross
Intouch Cellular
Asbury
Aamororo
Digital Choice
Verizon
Motorola
Nba.com
NBA
Verizon Wireless Communications
Dubuque Kennedy Mall
Bishops
Iowa City
Precision Wireless
Coral Ridge
Old Capital Mall
CT Communication Sycamore Mall
Waterloo
Napa Auto Parts
University Ave
Waterloo JackHome Wireless
Sroads
Technology Hut College Square Mall
Motorola Corporation
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