Tycoon seeks reduced divorce payment
A prominent businessman petitions to cut his divorce settlement by more than 40 percent, arguing full cash and property payments would leave him in the red amid ongoing settlement negotiations.
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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 12, 2009
Page
3
A prominent businessman petitions to cut his divorce settlement by more than 40 percent, arguing full cash and property payments would leave him in the red amid ongoing settlement negotiations.
The AP reports rising jobless rates in 49 states and the District of Columbia with Louisiana dipping. About 5.1 million people draw state unemployment insurance as the housing and auto industries slump, signaling a possible 10 percent national rate by year end. Michigan and New Jersey show notable double digits, while unemployment funds drain in several states. Frank Aguilar of New Jersey, laid off from Chrysler, voices concern as the auto industry downturn continues.
Michael McLendon, 28, killed five relatives and five bystanders in roughly 20 miles across two counties near the Florida line before dying in a standoff at a metals plant. A list of employers and coworkers who allegedly wronged him was found at his home.
President Obama defends the $410 billion package as imperfect and necessary, while promising tighter safeguards on earmarks. He argues they can direct funds to worthy district projects, but faces Republican and watchdog criticism over waste and abuse.
In Winnenden Germany a 17 year old gunman identified as Tim K Kretschmer opened fire in a high school killing nine students and three teachers before fleeing and later taking his own life. Police and officials described the rapid violence and a cache of ammunition left behind.
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