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...California's pensioners got out unhurt. In what Connell says was a normal rotation of funds, CalPERS eventually liquidated its eventual $175.5 million investment in Jedi II in 2000 and received $171 million as of Oct. 31, 2001 - "a wash," according to spokeswoman Pat Macht. (The deal was actually tougher on Enron - CalPERS' exit forced the company to cover the funds by setting up the flawed Chewco partnership that would eventually start Enron's financial dominoes falling.) By then, says Connell, "We were just happy to get our money...
...Racicot, who stopped lobbying after taking over the G.O.P.last month, said he didn't raise funds for the Bush bash. Barbour did not return calls for comment. Cheney spokeswoman Mary Matalin denied any link between task-force access and fund raising, saying the Veep had no idea who was financing the gala...
Retailers still look at the conversion rates--how many of their website visitors complete a sales transaction--but those numbers are no longer so critical. "Of course we want our site to be profitable," says Sears.com spokeswoman Ann Woolman, "but it's there to serve as a catalyst for growth for Sears overall." The company reports that 1 out of every 10 in-store major-appliance purchases comes directly from customers who logged on to Sears.com first--representing upwards of $500 million a year in sales...
...Mart was not amused by Hood's report, but Conaway showed some bravado in the face of the onslaught: he refused to interrupt his vacation to respond to Hood's salvo. Said K Mart spokeswoman Lori McTavish: "We're confident we have enough resources and enough lines of credit to get through. We're implementing a major change in the company's operations and culture." Other analysts were surprised only by the reaction to Hood's report, which recommended that investors sell the stock. They did, driving it to a 30-year low of $3.89 before it recovered. "This report...
...investigation. But it is also possible that Justice officials are as confused as everyone else about a definitive list. On Nov. 1 the department reported that from Sept. 11 to that date, 1,147 people had been detained nationwide. But at a briefing a few days later, Ashcroft spokeswoman Mindy Tucker said that senior department officials were not happy with the way the totals were being calculated. For one thing, it is a cumulative tally, not a count of those currently in custody, which means it does not specify how many of those detained have been questioned and released...