From Deseret News archives:
Utah congressmen disclose 2007 finances
They report little debt, numerous investments and assets, earnings
The delegation still shows little debt, a lot of investments and assets, and some slight increases in earnings.
By law, Senate and House members must file annual reports listing assets, liabilities and income, as well as sponsored travel and income earned outside of their congressional salaries. The reports require that House members and Senators check off boxes with ranges of their assets and liabilities so specific values are difficult to determine. The highest category is $50 million and above.
Hatch's report comes in the longest, with 49 pages, with his stock trades making up the bulk of the report. Hatch has stock transactions with shares of Nokia, Bank of America, Pfizer, Wachovia, Motorola, Target, Aflac and numerous others. Hatch's report lists almost 260 financial transactions for the senator in 2007.
The Republican earned just over $17,000 in royalties from Prime Recordings Inc., Sony/ATV Music Publishing and other music companies for the songs the senator has written, slight down from the $20,000 he reported last year but also down from the $39,000 he has earned on the music in the past.
Sen. Bob Bennett, R-Utah, still has the large assets due to his ownership of Anniversary Inns. The properties put his asset range between $7.7 million and $36 million but real estate loans on the inns make him liable for up to $25 million. His other accounts are worth between $431,007 and $1.3 million.
Rep. Chris Cannon, R-Utah, had a net worth between $2.1 million and $7.5 million, which also is what he reported last year. Canon still lists a loan of between $250,000 and $500,000 to his brother, Joe Cannon, the editor of the Deseret Morning News.
Rep. Jim Matheson, D-Utah, is worth between $500,000 and $1.3 million, including his coin collection worth $1,001 to $15,000, according to the report.
Rep. Rob Bishop, R-Utah, did not release his report yet. Members had to file them by May 16 but they are not released to the public until next month.
E-mail: suzanne@desnews.com
Recent comments
Since we left England we had to create our own version of Royalty....
bart | May 20, 2008 at 2:11 p.m.
Interesting that we tend to elect hard working well educated...
NoMoreOsama'sMcCain08 | May 20, 2008 at 10:41 a.m.
Hey, Not Your Average Joes..... The story didn't talk about...
Average Joes 2 | May 20, 2008 at 9:05 a.m.
- Ways to motivate young athletes 12:17 p.m.
- The easily offended 4-year-old 12:16 p.m.
- Button battery can look like a treat 12:14 p.m.
- Obama has tough sell on Afghanistan 12:14 p.m.
- Adding a luxurious steam bath 12:13 p.m.
- Hall reprimanded by MWC 12:13 p.m.
- Hoarding disorder on prime-time 12:11 p.m.
- Doing holiday cards without stress 12:08 p.m.
- 'Opus' book offers rare images 12:06 p.m.
- Emilio Pacheco wins literary award 12:03 p.m.
- Hall mouths off about hate of Utah
888 - Cougars beat Utes in overtime
480 - Max Hall issues apology
340 - Hall's pain reflects self-betrayal
211 - BYU is champion of the state
139 - Man trapped in Nutty Putty cave dies
120 - Cave to be sealed with body inside
116 - Utes won't respond to Hall
101 - Rivalry Week is highly profane
90 - Hall's legacy measured today
80
I wanted to tell them not to go. I dropped subtle hints. "My money is on...
When I was a kid, I worshipped my grandpa. He was undoubtedly my hero....
I always thought that we could get new members in India since Indians I know...
I'm so glad that marriage has been upheld in many states. JUST SOOOOOOO GLAD.
RE: Blah, blah, blah, | 11:52 a.m. Nov. 30, 2009 It was 20-9 going into...
Nearly all of your comments support exactly what Holly Sue is trying to bring...
So, cops should be nice, polite, decent, and submissive to dirtbag criminals...
Okay, "Reality Check": name one state program that catches, cooks and cuts up...
I believe that our military only asks for what it thinks it needs to...
The fact is the Organization isn't "Classless", he was aiming his comments at...
I think it would be cool to complete the 25th Anniversary of the 1984...
This year is turning out to be like last year. This is a mash unit. Enough...


