Donaldson named new SEC chairman amid market crisis
President Bush chose William H. Donaldson, former NYSE chair and co founder of DLJ, to head the SEC. He pledged strong enforcement to root out corporate corruption and restore confidence in markets as he takes on the embattled regulator amid economic uncertainty and a reshaped White House economic team.
MENTIONED IN THIS ARTICLE
William Donaldson
Securities and Exchange Commission
Bush
Roosevelt Room
White House
Donaldson
Harvey Pitt
Washington
William H. Donaldson
Wall Street
America
John Snow
Treasury
Paul O’neill
Larry Lindsey
O'Neill
Stephen Friedman
Friedman
SEC
Pitt
Enron
New York Stock Exchange
Donaldson, Lufkin & Jenrette
Senate
Save-On to close Lawrence store after eight-year run
Save-On Office Supplies in BRIEFCASE at 2020 W. 23rd St. will shut its lone Lawrence location by Dec. 21. District manager Mike Billman said sales never met expectations. Four full-time workers will lose jobs, and the 4,500 square foot building remains vacant with no tenant yet.
MENTIONED IN THIS ARTICLE
Save-On
W. 23Rd St
Lawrence
Mike Billman
Fort Worth
Billman
Dickinson Plaza
Iowa Street
Richard Gwin
Journal-World Photo
Home Depot
Jacob Baker
Ysido Romero
Larkin
Lansing
Iowa
31St Streets
Shelley Schumaker
Schumaker
Sprint PCS CFO William Gunter to resign in January
William Gunter, chief financial officer of Sprint Corp's PCS Group, will leave effective January 3. Sprint PCS has not named a replacement or set a selection deadline. The company did not comment on reasons for his departure.
MENTIONED IN THIS ARTICLE
William Gunter
Sprint Corp
PCS Group
Sprint Pcs
Melinda Tiemeyer
Gunter
Kansas City
PCS
Proposed Northwest Lawrence Housing Plan Details
Thursday briefing outlines a housing development in northwest Lawrence with goals for new residences, zoning impacts, and community input. Officials from the planning department and local council will discuss site plans, infrastructure needs, and timing for hearings and approvals.
MENTIONED IN THIS ARTICLE
Northwest
Lawrence
Fed Holds Rates Steady Signaling Possible Last Cut
The Federal Reserve left its target for the overnight rate at 1.25 percent, keeping borrowing costs low as the economy seems to be moving through a soft spot. The policy statement notes signs of improvement and expects the low rates alongside productivity gains to support a sustainable rebound, with a possible November cut no longer viewed as essential.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Iraq
U.S
Farmland slashes cost of annual meeting in bankruptcy
Farmland Industries plans a one session annual gathering in Kansas City with about 500 attendees instead of a two day event for up to 2000. The meeting will feature a shareholders business meeting a financial report and a presentation by CEO Robert Terry. The group expects to spend roughly 15 percent of past levels and continue asset sales including its fertilizer unit likely to fetch over 200 million. The Lawrence fertilizer facility has been idle since May 2001.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Farmland Industries
Robert Terry
Farmland
Sherlyn Manson
Lawrence
Judge faults WorldCom pay plan for new chief Capellas
Federal Judge Jed Rakoff critiqued WorldCom Inc. compensation for incoming CEO Michael Capellas. He warned a multibillion dollar fine remains possible if the company does not prove a genuine commitment to reform. Capellas would receive a 2 million signing bonus, 1.5 million annual salary, 1.5 million guaranteed 2003 bonus, 18 million in WorldCom stock upon exit from Chapter 11, and additional stock in future years. WorldCom called the package eminently reasonable and below what other candidates would have required.
MENTIONED IN THIS ARTICLE
New York
WorldCom Inc
Michael Capellas
Jed Rakoff
WorldCom
Capellas
Rakoff
Monitor
Richard Breeden
Also Mentioned on This Page
Wall Street Kroger
Kroger Co
Kroger
Dillons
Lawrence Home Depot
New WorldCom
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