Key assets audit continues as Key downs value estimates
Key Corp reports a long running 2003 asset audit may reduce asset values by 165 million to 195 million in its 2003 financial statement and prior-year statements. The firm faces an FBI inquiry and SEC investigation into accounting practices while selling its land drilling unit for 62 million cash to Patterson UTI. Odessa official Neil McDonald says moving executives to Houston harms the Permian Basin with potential brain drain and loss of local vendors.
MENTIONED IN THIS ARTICLE
Key
Alario
FBI
Midland
U.S. Securities Exchange Commission
SEC
Tasdemir
Raymond Financial Services
Houston
Alaric
Patterson Uti
Snyder
Neil McDonald
Odessa Chamber of Commerce
Timeline shows Key Corp actions and investigations 2004 05
Timeline from Page 1A covers KeyCorp closing offices in San Antonio and New Hope Pennsylvania citing restatement costs and rising labor. SEC probe into misappropriation and diversion at South Texas division. lenders extend deadlines for 2003 and 2004 filings. leadership change. Loftis suit. NYSE leniency on 2003 report. FBI grand jury subpoena in Midland and executive transfers to Houston.
MENTIONED IN THIS ARTICLE
Key
San Antonio
New Hope
Oe Key
SEC
South Texas
Richard J. Alario
Frances John
Jack Loftis
Loftis
New York Stock Exchange
FBI
Midland
Houston
Odessa stores rush to stock Friday Night Lights film
FNL mania spreads beyond Odessa as retailers report strong demand for the movie based on Buzz Bissinger's book. Om Spencer of t Store notes it is the largest buy for the chain and shelves sold out quickly in Odessa and Midland as shoppers flock to the feature's controversial look at Permian football and local life.
MENTIONED IN THIS ARTICLE
Om Spencer
T Store
E. 42Nd St
Target
Odessa
Spencer
H.G
Buzz
Bissinger
Shelly Rodriguez
Video One
Midland
Kimberly Hoelle
Hastings
W. Cuthbert Ave
Rehearsal at church grounds trip with White House scare
A church rehearsal provided calm as a custody dispute escalated into a White House incident. A man in a red Michigan van threatened gasoline, prompting police to close streets. Secret Service and FBI spoke with him using a robot facilitated phone, and he surrendered to Metro Police around 7 p.m. Bush’s motorcade rerouted along the parade route near 15th Street and Pennsylvania Avenue.
MENTIONED IN THIS ARTICLE
White House
Secret Service
Jonathan Cherry
Metro Police Fe
Bush
Debra Weierman
FBI
Washington
Michigan
15Th Street
Pennsylvania Avenue
Satin Strings
Students tour DC museums amid bus standoff and delays
A group including BrittNN Turner and David Golden faced a bus standoff causing cancellations on a Tuesday trip. They visited World War I Memorial and Smithsonian Museums, ate at Magill's Pizza Buffet, and plan to perform tonight at The Fairfax Retirement Center Fort Belvoir Virginia.
MENTIONED IN THIS ARTICLE
David Golden
Golden
Don Everett
Everett
Junior
White House
Smithsonian Museums
Ai Magill
Texas
Fairfax Retirement Center
Fort Belvoir
Also Mentioned on This Page
McDonald
Brittnn Turner
Ladies Better & Designer Collections
Misses Nygard
Emma James
I.N. Studio Sportswear
Judith Hart
Ladies Hampshire Studio Sportswear
Ladies Westbound Sportswear
Ladies
Bechamel Sportswear
Ladies Stonebridge Sportswear
Karen Lessly
Napa Valley Sportswear
Nike Activewear
Dillard
Dillard's
Visa
Mastercard
American Express
Discover
Diners Club
Music City Mall