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Corpus Christi Caller-Times from Corpus Christi, Texas • 1

Location:
Corpus Christi, Texas
Issue Date:
Page:
1
Extracted Article Text (OCR)

"T7r s' urMtYM r''v-' Wm 10 ep'ltOWD Weekend Mikw transplant a success Januaiy 25 2002 l-i'isM: Freddy Finder vt i YY 50 cents' City edition Serving South Texas since 1883 Copyright 2002 Corpus Christ! CallerTimes Bale Forecast Reported $10M sale includes KSIX and KVTV Laredo is of course a major transition for us but it is said the daughter Kathleen Kennedy president of the station group decided that it was in the best interest of our shareholders to accept this offer We also PImm see KZTVA12 Abo mo KZTVs long local history A12 remaining in media climate of corporate behemoths late wife Mary who died in December at the age of 90 also played a large part in the successes When Mary Kennedy announced the sale in February 2001 she described the sale as "when your child goes off to college and you finally have to give up on purchase of KZTV CBS affiliate KVTV and the Corpus Christi radio station KSIX-AM1230 The price tag was reportedly slightly more than $10 million The station group was owned by original owner Vann Kennedy 96 for more than 50 years and it was one of the few family-owned and operated network TV stations By Ricardo Baca Pop culturemedia critic a After nearly a year on the selling block CBS affiliate KZTV finally has a buyer station representatives announced this week The buyer: Michigan-based Eagle Creek Broadcasting a group of three investors that was assembled specifically for the 'Ml HU Low Water Supply ComhiHod ruerroir level i 556 Weather Page B12 Quick Read VuMKaowady Stuck out in the cold economy slowed after the Sept 11 attacks but the state is recovering Carole Keeton Rylander said Thursday Load Page B7 A strange case Everyone who knew Carl Alexander a homeless man liked him But now Corpus Christi police are trying to find out if he has been slain Local Page B1 Stock slump comes home: No vacation no (lining out Psychological effect from stock market forces change in investment approach By Naomi Snyder Caller-Times David Aken and his family be taking a vacation this year also cut back on going out to eat normally a Friday night treat Such is tiie emotional fallout after losing more than 15 percent of your investment portfolio and all of the gain from the past 10 years in your government retirement account the best is not necessarily a good idea the last year has taught he said More Americans have entered the stock market than ever before partly because of the proliferation of company-sponsored retirement plans rather than pension plans How they react to the stock market has much to do not only with the ups and downs but also with the economy as a whole Overall Aken who is the 50-yearold county attorney for San Patricio County thinks his retirement has been put back another two years or so He was hoping to retire early and take a part-time job with child protective services Now he thinks by the time he can afford to retire be too old when 62 years old PImm sm RETIREMENTA18 Abo in Greenspan: Economic outlook is brighter D8 UBU Creating jobs finding workers is next challenge Potty Officer 3rd CbMOriaedo Skns a paduate of IGnc Hfgh Schodt a salor aiwari tiw USSMaLHol Special ship USS John Hall a guided missile frigate is the first ship of its kind to travel to the area for training Local Page B1 Humanitarians honored More than 450 people attended the National Conference for Community and banquet Thursday to honor four community' leaders Local Page B1 Academic decathletes A number of area schools will send teams to the state competition in the Academic Decathlon in March Local Page B1 Off and tunning Texas University-Corpus Christi opens its first season of track and field Sports Page D1 OPINION Enron's meltdown The collapse of the once high-flying company shows the need for closer oversight to keep other -companies from the same fate Editorials Page A14 Greens fees debate suggestion to raise the winter rates by 50 percent (at the municipal golf courses) is a good idea only if it is applied to Letters Page A14 By Neal Falgoust Caller-Times Tb solve the problems of unemployment and urban blight city officials must use federal tax incentives to create a more diverse job market and to train people for available jobs business and community leaders said Federal housing officials announced Wednesday that five neighborhoods in the downtown north and west sides qualified for such incentives because of the high unemployment rates and high poverty rates in those areas But getting people into those jobs and bringing jobs that will provide more than temporary growth in the market will be one of the biggest challenges of making PImm sm RENEWALA13 David MlarmCalto-Tmi Victoria Galavh left) 7 wafts for a ride homo with Afexb VaKtnb 7 the aroiMTliiinda dropping the temperature from 79 to 52 degrees on tee front laws of Menger Elementary A cold front passed through ta Just ander two hours according to the National Weather Service JU3 Abo MO Tax incentive highlights UNI 'hnllsrKS More than 3J0QQJ0QQ page views per month INDEX SECTIONS News Local umi Classified Sports 64 1 I A.

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About Corpus Christi Caller-Times Archive

Pages Available:
2,027,891
Years Available:
1910-2024