St. Louis, MO – St. Louis-based Charter Communications has fired two of its top executives.Chief financial officer Kent Kalkwarf and Chief operating officer David Barford were dismissed amid the backdrop of an unfolding federal grand jury investigation. Charter spokesman David Anderson could not say whether the action is in direct response to the probe. Charter is the nation's third largest cable television provider. Earlier reports indicated Charter plans to layoff more than one thousand employees by year's end.
New Haven, CT – An accountant from Tennessee has pleaded guilty to charges related to his role in helping to defraud insurance companies in Missouri and four other states of more than $200 million dollars.
51-year-old Gary Atnip was chief financial officer of various insurance companies acquired by former financier Martin Frankel from 1991 to 1999. In federal court yesterday, Atnip said he helped transfer $200 million from those companies to Frankel's control.
There are many reasons it's growing more difficult to feed the hungry: the economy is bad, unemployment is up and so is need. But one fundamental reason is increased efficiency in the food industry. Food banks rely heavily on such donations. As the industry eliminates mistakes, donations have dropped significantly. From member station KWMU in St. Louis, Hillary Wicai reports.