Former ADM executive Richter pleads guilty in multimillion fraud case
Reinhard Richter 46 pleads guilty before Judge Harold Baker in a five year ADM investigation linked to Mark Whitacre. Richter admitted conspiring to defraud ADM and evade taxes via a phony invoicing scheme. sentencing set for Jan. 30. Whitacre previously pleaded guilty to $9 million fraud. sentencing Jan. 13.
MENTIONED IN THIS ARTICLE
Archer Daniels Midland
Reinhard Richter
Richter
U.S
Harold Baker
Mark E. Whitacre
ADM
ADM Mexico
Whitacre
Lawyer billed for writing thank you note after birthday gift
A client vents that after sending a birthday gift to their lawyer, the attorney charged hourly for writing a thank you note, calling the billing excessive and unfair. The dispute centers on what constitutes billable time and professional courtesy.
Dow: Diversify for long haul
Philip Dow of Daii Bosworth Inc argues that markets are in uncharted territory and urges investors to pursue long term, diversified portfolios. He recommends 13 to 15 quality stocks including Medtronic or Microsoft and contrasts this with mutual funds and short term bets.
MENTIONED IN THIS ARTICLE
Philip Dow
Equity Research
Daii Bosworth Inc
Minneapolis
the Gazette
Dow
Medtronic
Microsoft
Peter Lynch
Warren Buffett
East Iowa stocks rally after Monday market slide
Eastern Iowa stocks recovered Tuesday with 29 gains, 11 declines and 3 unchanged amid a Dow rise of 337.17 to 7498.32. Quaker Oats led advances, while Heartland Express and United Fire & Casualty fell. more than 3,500 calls logged over Tuesday and Wednesday.
MENTIONED IN THIS ARTICLE
Wall Street
Iowa
Eastern
AEGON
General Electric
Procter & Gamble
Gillette
HON Industries
W.R. Grace
Wal- Mart
Penwest
ADM
Eastman Kodak
Raytheon
Ralcorp Holdings
Western Atlas
Norwest
Heartland Express
United Fire & Casualty
NEW York Stock Exchange
Philip Morr
Oca Cola
American Stock Exchange
SPOR
Oxford
AMEX
DOW Jones Mo
Che
Indus
Biotech
Computer
Standard & Poor's Finance
Pom Indust
Industore
Insurance
Transpt
Telecom
Utilities
Transport
Associated Press
Farm Bureau urges fast track renewal to avert U S agriculture crisis
Dean Kleckner president of the American Farm Bureau Federation warns Congress must renew fast track authority for negotiating trade deals. He says without renewal the U S will fall behind as other nations sign agreements and farmers face a worst possible scenario. He cites political delays and urges action this year.
MENTIONED IN THIS ARTICLE
American Farm Bureau
Congress
United States
Dean Kleckner
American Farm Bureau Federation
Kleckner
Fast Track Authority
IBM Announces 3.5 Billion Stock Buyback Surge
IBM announced plans to repurchase up to 3.5 billion dollars of its own shares. The move helped lift the Dow after a heavy market decline, with IBM’s action triggering a broader rally as Knight Ridder and reported Intel buyback plans surfaced. The Dow surged over 324 points in a single session.
MENTIONED IN THIS ARTICLE
New York
International Business Machines Corp
IBM
Knight- Ridder Inc
Intel Corp
Intel
Also Mentioned on This Page
ADM Executive
Treasury Note
Treasury
B&d
Black & Decker
Optima
Armstrong Road
Shelton
Conn
RiMgrae
George C. Ford
Don
Ly Marlene Lucas
Farm Bureau President
Les Marquart
Country Auto Inc
Hwy
Anamosa
Blairs Ferry Rd
20Th Ave
Marion
Arnuald Gee
Linn Credit & Union
Linum Cosslag
Dreyfus Fund
Timothy M. Chriskey
Dreyfus Group
Collins Plaza
Collins Rd
Yey
Tess
Woodland Ave
www.GazetteOnline.com
Cinema
Flona
Gene Siskel
Faliona Information
Radio
Hiey
Webpoint
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