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Mormons, Mormonism
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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 24 Feb 2001   For week ended November 24, 2000
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Business News

  SEC Says Scam Artists Target Mormons
The head of the Securities and Exchange Commission's Salt Lake City office says that the Olympic bribery scandal is only the latest scandal in a state with a history of scandals. And, says Kenneth Israel, who heads the Salt Lake office, its because the scams target Mormons.

  Four MSI Stocks Off More than 25%
Four stocks on the Mormon Stock Index dropped more than 25% for the week, giving the index itself a drop of nearly 4%, while the broader national stock indexes stayed even. Corvis Corp., Hollywood Entertainment, Myriad Genetics and Ten Fold Corp. were all hit hard, but for a variety of reasons. In contrast, Dell Computer and 1-800-Contacts were up strongly, buffering the overall drop in the index.

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