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BUSINESS
By Bloomberg Business News | May 25, 1995
NEW YORK -- John C. Bogle, founder of Vanguard Group, the nation's second-largest mutual fund company, said yesterday he plans to resign as chief executive.Mr. Bogle, 66, will be succeeded Jan. 31 by his chief lieutenant, John J. Brennan, pending board approval. Mr. Bogle will remain as chairman."I believe there comes a time when a company's founder simply ought to step back from running the firm and give others a chance," Mr. Bogle said.Analysts have speculated for more than a year that Mr. Bogle would retire because of concern about his health.
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BUSINESS
By JAY HANCOCK | April 25, 2009
The choice that regulators gave Bank of America chief Kenneth Lewis could not have been clearer: Harm your shareholders or lose your job. Lewis chose to keep his job. Rarely does the divide between corporate managers and the owners they're supposed to represent become so obvious. Lewis' sworn testimony, made available this week, shows he reversed his decision to scrap a disastrous merger with Merrill Lynch after then-Treasury Secretary Henry Paulson threatened to fire him if the bank refused the deal.
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SPORTS
By PAT O'MALLEY | December 17, 1993
Glen Burnie coach Terry Bogle was right when he said before the Class 4A high school boys basketball season started that "the league should be fairly well-balanced again."He appears to be a prophet, and Anne Arundel County fans could be in for an exciting, season like last winter.No. 15 Arundel (3-0) is the only Class 4A team without a blemish on its record.Generally, there are three or four clubs unbeaten at this early stage.Although several coaches pointed to Annapolis as the team to beat and Old Mill coach Paul Bunting went so far as to say that "Annapolis is head and shoulders above everybody else," Bogle sees it differently.
NEWS
December 24, 2006
The Battle for the Soul of Capitalism By John C. Bogle There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John Bogle, who as founder and former chief executive of the Vanguard mutual funds group has seen firsthand the innermost workings of the financial industry. "This is an important book for the post-Enron era. In his characteristic hard-hitting style, one of the legends of the mutual fund industry presents an insider's view of what's wrong with corporate America and what can be done to improve it," said Burton G. Malkiel, Princeton University.
SPORTS
By Pat O'Malley and Pat O'Malley,SUN STAFF | September 8, 1996
Here we go with the first sports smorgasbrowse of the fall season. We've got a little catching up to do on county personnel moves.If you have any notes I can you use, please, give me a call on my 24-Hour Sportsline at (410) 647-2499. . . .Longtime assistant and former Glen Burnie basketball player, Mike Rudd was named to succeed his former coach, TerryBogle, as Gophers' coach. Bogle, Glen Burnie athletic director, retired after 28 seasons as head coach.Rudd graduated from Glen Burnie in 1980 and became Bogle's assistant in 1988.
SPORTS
By PAT O'MALLEY | December 6, 1992
As we start the winter sports season, there are a lot of questions without answers.If you have been pondering a few questions or have any answers or comments, give me a call on the 24-Hour Sportsline, (410) 647-2499.Let's start with boys basketball.* Does North County coach Brad Wilson have the easiest job of all this season in that he only has to win one game to show improvement over last season?And do you realize that Wilson only has to win five games for the best record in school history (was 4-18 in school's inaugural season in 1990-91)
SPORTS
By PAT O'MALLEY | February 24, 1995
Imagine you are Kay Bogle at breakfast in the Bogle house tomorrow morning. While it's uncertain which Bogle might not want to eat, it's safe to say that basketball might not be the main topic of conversation in the sports-minded household.Either her husband, Terry, the Glen Burnie boys basketball coach, or son, Brian, a guard for Old Mill, is going to be suffering.Those of you who have played or coached sports know that the day after a tough loss can be agony. Many feel it more the day after than immediately, and tomorrow likely will be such a day for one of the Bogles.
SPORTS
By Pat O'Malley and Pat O'Malley,SUN STAFF | February 20, 1996
Desmond Dailey carried Glen Burnie in the first half and Damon Flamer heated up in the second half, as the Gophers won the Anne Arundel County North Division title with a 83-60 victory over Chesapeake last night.No. 18 Glen Burnie (17-5, 12-4) will play No. 13 Broadneck (15-6, 13-3), the South winner, at 7 p.m. tomorrow at Old Mill in the first county championship game.Dailey (eight rebounds, two steals) scored 20 of his game-high 27 points in the first half while Flamer (five steals) tossed in 11 of his 18 points in the third period after being yelled at by coach Terry Bogle.
SPORTS
March 16, 1994
COACH OF THE YEARTerry Bogle, Glen Burnie -- In his 26th season as head coach of the Gophers, Bogle (267-305) earned his first trip to the state Final Four.To do so, the Gophers had to do something unprecedented for them: win two out of three games over perennial contender Annapolis to take the East Region.During the season, Bogle, a feisty coach who has been known to give a referee an earful now and then, juggled nine players in a two-platoon system that ran many opponents ragged.After topping Annapolis, 92-81, at home to start the season, Bogle's team lost, 97-62, in the rematch and ultimately lost the county title to the Panthers.
SPORTS
By Bill Free and Bill Free,SUN STAFF | March 23, 1996
After watching Old Mill's Joe Barnes and Brian Bogle hit, run and field impressively yesterday in a driving, bitterly cold wind that stirred up snow flurries at Broadneck, one has to wonder what these two talented players will do once real baseball weather gets here.Barnes and Bogle were in the middle of almost everything for a very good Old Mill team that turned back the defending state class 3A champion Broadneck Bruins, 6-2, in the season-opener for both teams.Barnes drove in one run with a ringing double to deep left-center in the fifth inning, manufactured another run in the fourth with his speed and made all three of his putouts in center field look easy.
BUSINESS
By CHARLES JAFFE | December 19, 2006
I've made my list and checked it twice, and because picking on the naughty is always so nice, here is the second installment of the 2006 Lump of Coal Awards. Lumps of Coal go to mutual fund managers, executives, firms, watchdogs and others who deserve nothing more than an inky chunk of carbon in their Christmas stocking this year. They earned that distinction in 2006 as a result of action, attitude, performance or behavior that is offensive, disingenuous, duplicitous, reprehensible or just plain stupid.
BUSINESS
By Charles Jaffe and Charles Jaffe,Marketwatch | November 21, 2006
Fund manager Robert Markman says investors can improve their performance by "making more mistakes." He should know. He has made - and acknowledged - plenty of mistakes. When Markman issued a press release last week encouraging investors to find the emotional courage to move past mistakes, he raised a much bigger question: "Should investors forget past managerial blunders and let performance cure all ills?" Markman's own case points out how good results can create twisted and confusing decisions for an investment public that tends to be fickle.
NEWS
By Michael Dresser | November 8, 2006
2004 Bogle Vineyards Petite Sirah ($12) This full-bodied, structured red wine offers a lot of complexity for a modest price. There's generous blackberry fruit, with hints of spices, chocolate and meat. It also has the characteristic "dusty" quality of petite sirah - appreciated by devotees of the varietal if not by everyone. Like most good petite sirahs, it should age quite well for five years or more. Serve with hearty stews, red meat.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | November 5, 2005
John C. Bogle, 76, is as pugnacious as ever in his new book, The Battle for the Soul of Capitalism. In it, the Vanguard Group founder finds plenty to dislike about corporate chieftains, investment professionals and the mutual fund industry. Individual investors have ceded control of the markets to financial intermediaries, such as pension funds and mutual funds, which are too caught up in trading to police problems in corporate America, he says. Bogle also criticizes mutual fund managers as salespeople rather than stewards of their clients' wealth.
BUSINESS
August 1, 2004
Take heart, weary investors: While you are having breakfast, walking your dog or heading to work, thereM-Fs someone from corporate America watching out for your interests. HeM-Fs a former chief executive officer who was never indicted, never accepted excessive rewards and never hid financial information. In fact, he despises leaders guilty of transgressions and all who aided them. His agenda has you in mind: Investing should be low-cost and devoid of all unreasonable fees. There must be transparency in the policies of companies and mutual funds.
BUSINESS
By BILL BARNHART | May 30, 2004
THE TRENDLESS, low-volume stock market has left many investors looking for clues. Whose signal should you follow? The best advice comes from John C. "Jack" Bogle, the legendary founder of mutual fund giant Vanguard Group. Bogle tells investors already building diversified portfolios: "Don't just do something. Stand there." Bogle's rule overlooks the red-blooded American (male) urge to take action. But first, stop, look and listen. The key to coping in a quiet market is filtering out the noise.
NEWS
By Paul Adams and Paul Adams,SUN STAFF | December 13, 2003
For more than 50 years, mutual fund executives have tried to ignore John C. Bogle, founder of the innovative Vanguard Group of mutual funds. Bogle earned the scorn of competitors for saying that the industry is tarnished by high fees, incestuous corporate governance and lack of accountability to shareholders. Now, everyone is listening. Mutual fund managers have been struggling to contain a scandal sparked in September, when New York Attorney General Eliot Spitzer began a series of revelations of widespread market timing, late trading and other abuses that have cost everyday investors billions of dollars.
BUSINESS
By Paul Adams and Paul Adams,SUN STAFF | May 11, 2004
Tainted employees have been fired, high-level executives charged with crimes, more than a billion dollars in penalties assessed and countless witnesses paraded before congressional panels. But eight months after widespread trading scandals rocked the $7.5 trillion mutual fund industry, many critics and insiders give the Securities and Exchange Commission a mixed grade for its efforts to clean up an industry on which nearly half of American households rely. Too many of the SEC's proposals treat the symptoms and not the underlying disease, they say. And with Congress indicating it won't pass legislation this year, many worry that the reform effort is losing momentum as the nation's attention focuses on the turmoil in Iraq and the presidential election.
SPORTS
By FROM STAFF REPORTS | December 28, 2003
Host Glen Burnie started on a 14-0 run and captured the J.T. Bogle Invitational title for the second time in the two-year history of the event, 69-57, yesterday over DuVal (3-4) of Prince George's County. Mitch Guest scored a game-high 27 and also had five assists to lead the eighth-ranked Gophers. Glen Burnie (6-0) connected on its first six shots, including three-pointers by Guest and Byron Smith. The Gophers led by 17 at the end of first quarter and by at least nine the rest of the game.
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