Shockley wins Maryland socially responsible entrepreneur award
Frederick businessman Alfred P. Shockley won the Maryland Socially Responsible Entrepreneur of the Year Award, recognizing his extensive community fundraising for Hood College, Frederick Memorial Hospital, Frederick County YMCA, and the Maryland School for the Deaf. He will compete nationally November 10–12 in Palm Springs, with nomination by Merrill Lynch’s Mike McGowan and a rival finalist Vincent Mona of Mona Electric.
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U.S. dollar rescue effort called failure by markets
Washington reports that Washington and 16 other nations attempted a dollar rescue on Friday but markets judged it a failure. Analysts say the third Clinton administration intervention since April was poorly timed and halfhearted, with the dollar briefly rallying before sliding against the yen and the mark.
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