On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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MyTravel Group chief executive Tim Byrne resigns; chairman David Crossland, scheduled to retire next month, plans to stay on for as long as 12 months to help oversee search for Byrne's replacement; photo (S)
World Trade Center Business Recovery Grant Program provides compensation for lost revenue to companies with up to 500 employees that are situated in district that runs from 14th Street to Battery; agency denies highest level of aid to Alex Ferkov's takeout eatery Cafe Exchange because it is outside demarcation line by 75 feet; agency says line has to be drawn somewhere and says it is giving highest level of assistance to businesses most economically hurt by terrorist attack; distinction is painful for Ferkov, whose establishment is in building where other businesses are in top tier of grants, but because his doorway is around corner, he does not qualify; photos; map (M)
HSBC Holdings acquires 10 percent stake in Ping An Insurance Co of China for $600 million (S)
George Vecsey Sports of The Times column contends that hiring new coaches does not always improve sports team; cites as examples New York Rangers hiring of new coach Bryan Trottier and whomever is hired to replace manager Bobby Valentine of New York Mets; photo (M)
Securities and Exchange Commission says ACLN Ltd's revenue from its auto business did not exist, company did not own major asset it showed on its books, and its bank account documents were forged; contends auditor BDO International of Cyprus did not bother to check anything before giving company its approval; says ACLN insiders made at least $80 million selling shares, which were listing on New York Stock Exchange during part of period that SEC says fraud existed; ACLN was Cyprus corporation operating from Belgium that said it was growing rapidly in two businesses: exporting used cars from Europe to Africa and selling new cars in Africa; SEC says it never sold any new cars, and that it is unclear if company received any revenue from used-car business; SEC files suit that include accusations of civil fraud and insider sales of stock by chairman Joseph J H Bisschops, president Abderrazak Labiad and chief operating officer Alex de Ridder; SEC says total of $45 million has been frozen in various financial institutions, with help of regulatory authorities in Denmark, Netherlands, Luxembourg and Monaco (Market Place column) (M)
Music on My Birthday
The Top 50 albums for the chart week of October 9, 2002, covering October 9, 2002.
Elvis Presley
Dixie Chicks
Avril Lavigne
Disturbed
Nelly
2002Ben Shelton, American tennis player[†]
Benjamin Todd Shelton is an American professional tennis player. Shelton has a career-high singles ranking of world No. 10 by the ATP, achieved on 16 June 2025. He has a career-high ATP doubles ranking of No. 68 achieved on 20 May 2024. Shelton has won two singles titles on the ATP Tour, and reached two major semifinals at the 2023 US Open and at the 2025 Australian Open.
2002Sopubek Begaliev, Kyrgyzstani economist and politician (born 1931)[†]
Sopubek Begaliev was a Soviet-era economist and politician. He was the founder of the Assembly of People of the Kyrgyz Republic, an organization that promotes inter-ethnic harmony, civil peace, and unanimity. Through his efforts, Begaliev worked to lay the foundation for a strong and peaceful society in the country.
2002Charles Guggenheim, American director, producer, and screenwriter (born 1924)[†]
Charles Eli Guggenheim was an American documentary film director, producer, and screenwriter. He was the most honored documentary filmmaker in the academy history, winning four Oscars from twelve nominations.
In 2002, the world population was approximately 6,337,730,342 people[†]