UBS Warburg wins bidding for Enron trading arm
UBS Warburg won the court auction to buy a large part of Enron's trading division, securing a majority stake and keeping a residual income share. The sale excludes Enron's power supply contracts valued at 6 to 7 billion dollars. terms to be disclosed Monday.
MENTIONED IN THIS ARTICLE
UBS Warburg
Enron
New York
Enron Corp
Martin Bienenstock
Houston
Arthur J. Gonzalez
U.S. Bankruptcy Court
Dynegy Inc
el Paso Corp
Dynegy
el Paso
Mark Palmer
Kenneth L. Lay
John P. Costas
Bienenstock
Jeff McMahon
Citigroup Inc
Manhattan
McMahon
Luc Despins
Ford to axe four models in restructuring plan
Ford will eliminate the Lincoln Continental, Ford Escort, Mercury Cougar, and Mercury Villager as part of a broader restructuring. Dealers expect no pain from the cuts, while replacements include the Lincoln Aviator. Escort, Cougar, and Villager sales declined significantly last year and the Continental may see a revived version in the future.
MENTIONED IN THIS ARTICLE
Detroit
Ford
Christopher Cedergren
Nextrend
Bob DeGryse
Bob Thibodeau Ford
Centerline
Mich
Nissan
Cedergren
Doug Mattix
Lincoln & Continental Owners Club
Ford Motor Co
Student ends three hour hostage standoff at Raymond High
A 17 year old student suspended earlier returned to Raymond High School and held the principal and assistant principal at gunpoint for about three hours. He released the hostages after negotiations. He will be charged as an adult. Police evacuated students and staff. officials did not release his identity. Principal Celeskia Martin began this week and assistant principal Robert Keenan started in July.
MENTIONED IN THIS ARTICLE
Raymond
Hinds County
Steve Pickett
Jackson
Phyla Eiland
Eiland
Celeskia Martin
Robert Keenan
September 11th Fund grants total reach 154.3 million
The September 11th Fund reports 154.3 million in grants distributed by December 31 to victims families and communities. Ninety-one percent funded cash aid and services for victims, 27 717 people benefited while nine percent funded recovery efforts. Donations totaled 404 million from 1.7 million gifts.
MENTIONED IN THIS ARTICLE
New York
Joshua Gotbaum
World Trade Center
Pentagon
Gotbaum
Bruce Springsteen
Stevie Wonder
Neil Young
Billy Joel
Also Mentioned on This Page
Thomas Lauria
Gonzalez
Ford.com
Coc.org
Lisa Estes
Darrell Horne
Crenshaw
Wink
Odessa
Texas
Amik Farting
W. Wadley Ave
Midland
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