From Deseret News archives:

Utah's U.S. judges show wide-ranging portfolios

And potential conflicts of interest are numerous

Published: Thursday, July 7, 2005 10:44 a.m. MDT
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Greene, however, questioned his placement as second-highest on the scale. In describing his situation, the senior jurist said, "My financial life is such that if somebody really followed my decisions on financial matters they would be a pauper by now."

Also a senior judge after 20 years on the bench, Greene said he is cautious in his holdings and has tried not to invest in local companies that are likely to come before him in court. He recalled recusing himself from a case involving the credit-reporting firm Equifax, in which he still held an interest in 2003.

"It's something that I have done as a matter of course," he said. "If you have a financial interest in a company, you shouldn't sit on a case."

According to his 2003 disclosure, Greene did not receive any gifts but did receive reimbursements for travel to Seattle and Jackson, Wyo., for meetings of the American Bar Association and the Administrative Office of the Courts, respectively.

Savings and investments

U.S. District Judge Tena Campbell has a fair amount tucked away in investments, but she must be a cautious investor. Her disclosure forms list just 10 investments, mostly money markets and individual retirement accounts, that produced somewhere between $1,000 and $12,000 in outside income in 2003.

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The value of those investments is $415,000 at a minimum, and it could be as much as $915,000.

Campbell listed no other potential conflicts. She holds no positions in any organizations, received no gifts or reimbursements, has no debts and she has no other outside source of income other than her salary and investments.

Another apparently cautious investor is U.S. District Judge Bruce Jenkins, who has most of his assets tied up in a credit union savings account. He lists 12 investments, savings and tax-exempt accounts worth a minimum of $115,000 and a maximum of $465,000.

If Jenkins has potential conflicts, it could be the small investments in Questar, Skywest, Sprint, Disney and Hilton. All combined, his portfolio produced a minimum of $5,000 in outside income and a maximum of $115,000.

Dividends from his stocks produced only a small amount of revenue.

U.S. District Judge Ted Stewart is also largely devoid of conflicts. He has no positions with nonfederal entities, has entered into no agreements, has earned no outside income, received no gifts or reimbursements and has no investment income other than interest from a credit union account. His only liabilities listed are two small credit card loans.

U.S. District Judge Dale Kimball's disclosure forms list a total of seven real estate investments, pensions and other investments worth a minimum of $400,000 and a maximum of $685,000.

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