Lawrence abatement rules questioned by city committee
Lawrence officials scrutinize tax breaks granted since 1989 amid questions about wage levels and building versus equipment spending. Committee weighs if abatements meet promises as 13 firms show below average wages and one company, Davos, has closed. Next meeting set for Sept. 19 at 4 p.m.
MENTIONED IN THIS ARTICLE
Leni Salkind
Lawrence
McClure
Kansas Department of Human Resources
Lynn Parman
Hack
Davos
WorldCom executives indicted in major securities case
The indictment targets Sullivan Yates and co conspirators for inflating WorldCom earnings by about 5 billion dollars from October 2000 through April 2002 by shifting operating costs to capital accounts. Former Controller David Myers Betty Vinson and Troy Normand named as unwitting co conspirators. Buford Yates Jr added as new defendant. WorldCom's bankruptcy in July 2002 remains the era defining event. Sullivan on bail faces possible 65 year sentence. guidelines suggest about 10 years or less.
MENTIONED IN THIS ARTICLE
David Myers
Betty Vinson
Troy Normand
Buford Yates Jr
WorldCom
General Accounting
Sullivan
Yates
World- Com
SEC
Homebuyers celebrate quick first-time purchase with help
A family explains how a service helped them buy their first home in thirty days. The team eased frustration by arranging financing, negotiating with sellers, providing a courtesy moving van, and even connecting utilities, promising to work for the client.
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