Bush Says Corporate Scandals Demand Action and Responsibility
President Bush invoked recent corporate abuses and disclosed WorldCom's $3.8 billion misrepresented expenses and Xeroxs overstatements. He urged a 10 point plan to strip phony profits from executives and bar them from boards. Rep Oxley framed the scandal as a current market risk amid growth. Pew poll shows economy concerns persist with 70 percent approval but only one third think he is doing all he can.
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Bush
WorldCom
Xerox
America
SEC
Michael Oxley
R-Ohio
House Financial Services Committee
CNN
Novak Hunt & Shields
Pew Research Center
South Korea-North Korea clash raises tensions at sea
A naval clash near the Korea border left at least four South Koreans dead and 19 injured after North Korean warships entered South waters and fired on a patrol boat. The incident disrupted World Cup coverage as Kim Jong il canceled plans to watch the Korea Turkey game and prepared for a Japan trip to the World Cup final.
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Pilitary
Kim
South Korea
Grand National Party
North Korea
Japan
Turkey
Brazil
Germany
Trev CS Mort
Ione
U.S State Department
United Nations
Pyongyang
Unification Ministry
Forest employee charged with starting Hayman fire fired
Denver AP report says Forest Service dismissed Terry Barton after 18 years with the agency for conduct related to the Hayman fire. Barton, 38, pleads innocent to four federal charges including arson, amid ongoing investigation into the blaze that scorched 127000 acres and cost millions. She posted bond and remains under court conditions, with family spokesperson noting heartbreak and uncertainty about guilt.
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Denver
U.S. Forest Service
Terry Barton
Colorado
Forest Service
Lynn Young
Barton
Hayman
Young
Connie Work
Ford workers reflect on future after plant changes
SB Pes Reinoehl and coworkers describe pride and attachment at Ford as they anticipate new production lines next year. They speak of family ties, input on how to work, and the bittersweet mix of leaving a home and possibly returning on a different line, with colleagues counting decades of service and shared effort. Contact Brad Dicken at 329-7147 or bdicken chronicletelegram com.
MENTIONED IN THIS ARTICLE
Reinoehl
Voska
Brad Dicken
Bdicken
Chronicletelegram
Al Open Workers Face Job Uncertainty at Gus's Steak and Ale
In Al open Melinda Voska and friends discuss job prospects saying they will have work but not together. Denise Resor plans a Lake Erie islands vacation to fish and tan before likely returning to work. Deb McDougal will be off work for a while focusing on home projects and furniture making.
MENTIONED IN THIS ARTICLE
Melinda Voska
Denise Resor
Lake Erie
Deb McDougal
Boxing coach Barreiro trains hopeful Puerto Rican teens
Dan Trimble and Jose Benitez dream of pro boxing under coach Barreiro, who from Utuado guides aspiring champions like Ricky Quiles and C J Gomez. Barretto’s program emphasizes discipline and future life skills over trophies, with youths training daily and sometimes moving toward Olympic goals.
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Dan Trimble
Trimble
Barreiro
Utuado
Puerto Rico
Christina
Barretto
Quiles
Ricky Quiles
International Boxing Association
Jose Benitez
Benitez
McDonald’s
Barretro
Berretro
C J. Gomez
Informant sues FBI over unpaid promises in cartel case
Avery Ensley, a former FBI informant, sues the FBI in Los Angeles claiming it abandoned him after infiltrating the Arellano Felix cartel in Mexico. He alleges promised asset seizures totaling over 1 million dollars were not paid and that covert work cost him homes and businesses.
MENTIONED IN THIS ARTICLE
Los Angeles
FBI
Mexico
Avery
Skip” Ensley
Arrellano Felix
U.S
Ensley
Ensley Hoger
Upland
Luis Valenzuela
Castro
Arellano Felix Cartel
Valenzuela
South Dakota
Oregon
Fresno
Ensleys
Darius Nickerson
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