On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Mayor Michael Bloomberg announces plan to build temporary road leading to Brooklyn-Battery Tunnel, which would restore major New York traffic artery disrupted by attack on World Trade Center; trade group announces development of free card to be used for discounts from merchants in Lower Manhattan to enhance business; map; photo (M)
France's Credit Lyonnais reaches agreement in principle with Justice Department to avoid criminal charges in connection with bank's acquisition in 1990's of junk bond portfolio belong to failed American insurance company, Executive Life of California; Credit Lyonnais is expected to pay as yet undetermined fine; Jeffrey B Isaacs, assistant US attorney in Los Angeles, had proposed indicting Credit Lyonnais, which was owned at time by French state, for conspiring with group of investors to skirt federal laws prohibiting banks from owning insurance companies; Credit Lyonnais still faces civil suit for damages (S)
Britain's HBOS will issue stock to increase reserves so it can sell new mortgages and insurance policies, afer profit last year fell 5.6 percent; will sell stock worth about 1.37 billion pounds ($1.9 billion); net income for all of 2001 fell to 1.68 billion pounds compared with 1.78 billion pounds year earlier (S)
Shareholders of San Miguel Corp approve sale of 15 percent of company to Kirin Brewery Co for $543 million; San Miguel president Eduardo M Cojuangco Jr praises merger (S)
US Defense Department relaxed security requirements for Global Crossing for planned military communications network in way that allowed company to remain in bidding for lucrative contract even as company ran into financial trouble last year; although department and Global Crossing say there was nothing inappropriate about way bid was handled, company's success in navigating Pentagon's procurement system illustrates how it became formidable player in Washington; Pentagon picked Global Crossing last July as winner of three-year contract to developo network to link 6,000 scientists working on military projects; contract was valued at $137 million initially and up to $450 million with options; losing bidders, including AT&T Corp, Sprint, MCI-Worldcom and Qwest, protested, saying Global Crossing, which is incorporated in Bermuda and is newcomer to military industry, did not have secure American operations or workers who had received requisite background checks to manage sensitive information, as contract specified; in 2000 elections, Global Crossing and its exeutives contributed $2.8 million to candidates and political parties; it recruited political, government and military officials to burnish its reputation, including William S Cohen, former defense secretary, who is now on Global Crossing's board (M)
Music on My Birthday
The Top 50 albums for the chart week of February 27, 2002, covering February 28, 2002.
Alan Jackson
Creed
Jennifer Lopez
Linkin Park
Nickelback
2002Mary Stuart, American actress and singer (born 1926)[†]
Mary Stuart was an American actress, guitarist, singer, and songwriter.
2002Helmut Zacharias, German violinist and composer (born 1920)[†]
Helmut Zacharias was a German violinist and composer who created over 400 works and sold 14 million records. He also appeared in a number of films, usually playing musicians.
2002During the religious violence in Gujarat, 97 people are killed in the Naroda Patiya massacre and 69 in the Gulbarg Society massacre.[†]
The 2002 Gujarat riots, also known as the 2002 Gujarat violence or the Gujarat pogrom, was a three-day period of inter-communal violence in the western Indian state of Gujarat. The burning of a train in Godhra on 27 February 2002, which caused the deaths of 58 Hindu pilgrims and karsevaks returning from Ayodhya, is cited as having instigated the violence. Following the initial riot incidents, there were further outbreaks of violence in Ahmedabad for three months; statewide, there were further outbreaks of violence against the minority Muslim population of Gujarat for the next year.
In 2002, the world population was approximately 6,337,730,342 people[†]