Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Article excerpt

MCI Challenges SW Bell On Rates

MCI Communications Inc. has challenged Southwestern Bell Telephone Co.'s recent rate case settlement, saying it is "illegal and detrimental to Missouri consumers."

On Sept. 1, Southwestern Bell agreed to cut its rates by $69 million a year, retroactive to Jan. 1. The settlement includes a four-year rate freeze and a cut in charges for Touch-tone service to 72 cents a month.

MCI called the freeze "patently illegal" because Southwestern Bell's rates won't be subject to review during the four years.

"By attempting to implement the decision through this private agreement, the public policy defects of the rate case moratorium were shielded from public debate and scrutiny," MCI said.

AT&T challenged the settlement earlier this week.

***** MOST WANTED: BOSSES FBI Seeks Ex-managers To Fight Modern Crime

Corporate America's downsizing could be law enforcement's gain under a new FBI recruiting drive that is turning to laid-off managers as a source of covert agents, an agency spokesman said Wednesday.

The Federal Bureau of Investigation is recruiting for the first time in several years, and expects to hire more than 600 new agents nationwide during the fiscal year that begins Oct. 1, special agent Paul Miller said Wednesday in Miami.

Traditionally, the FBI has recruited from law schools, the military and law enforcement. But now that the agency is faced with increasingly sophisticated and computerized financial fraud and white-collar crime, it is encouraging laid-off middle managers to apply.

The agency is especially interested in applicants with experience in accounting, law and foreign languages, particularly Spanish. Reuters

***** Insurance Firm Fined In Workers' Comp Case

The Missouri Department of Insurance says the Association of Trust and Guarantee and its owner, Lawrence Kenemore, must pay an $8,000 fine for violating a court order against selling illegal workers' compensation insurance in the state. …

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