On this day

December 29, 2002

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from December 29, 2002

Options Payday: Raking It In, Even as Stocks Sag

By David Leonhardt

Corporate executives and board members continue to cash in stock options they were awarded as part of their pay, making millions of dollars even while their companies have most much of their value; compensation experts say sales suggest that measures enacted by Congress and New York Stock Exchange will not end entrenched disconnect between pay and performance; says reining in stock options -- chief culprit -- will fall to corporate boards, only a few of which have adopted rules to prevent executives from turning quick profits on temporary jumps in stock prices; table shows insider stock sales for 2002 at companies in bottom fifth of Standard & Poor's 500-stock index (L)

Money and Business/Financial Desk2197 words

Corrections

By Unknown Author

A title and a byline were omitted last Sunday on a column about people who hate the frustrations of their jobs, but would never willingly give the jobs up. The column was Life's Work, by Lisa Belkin.

Job Market37 words

Saudis Are Said To Assure U.S. On Use of Bases

By Eric Schmitt

Senior US officials say Saudi Arabia has given them assurances that kingdom will make its airspace, air bases and important operations center at Prince Sultan Air Base outside Riyadh available to US in event of war with Iraq; are confident that Saudis will ultimately allow attack missions, which are more politically sensitive, to be flown from their soil; Saudis remain publicly noncommittal; uncertainty about Saudi cooperation led Pentagon to build alternative air command post in Qatar, where overall American command for Iraqi operations will be headquartered (M)

Foreign Desk1113 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of December 25, 2002, covering December 29, 2002.

  1. 1
    Album cover for Up! by Shania Twain

    Up!

    Shania Twain

    Last week
    1
    Peak
    1
    Weeks
    4
  2. 2
    Album cover for Home by Dixie Chicks

    Home

    Dixie Chicks

    Last week
    9
    Peak
    1
    Weeks
    16
  3. 3
    Album cover for I Care 4 U by Aaliyah

    I Care 4 U

    Aaliyah

    Last week
    —
    Peak
    3
    Weeks
    1
  4. 4
    Album cover for Tim McGraw And The Dancehall Doctors by Tim McGraw

    Tim McGraw And The Dancehall Doctors

    Tim McGraw

    Last week
    2
    Peak
    2
    Weeks
    3
  5. 5
    Album cover for 8 Mile by Soundtrack

    8 Mile

    Soundtrack

    Last week
    5
    Peak
    1
    Weeks
    7

Notable Deaths

2002Lloyd Barbee, American lawyer and politician (born 1925)[†]

Lloyd Augustus Barbee was an American lawyer and politician who worked for civil rights. He led the effort to integrate the Milwaukee Public School system. He was a Democrat.

Ralph Clanton

2002Ralph Clanton, American actor (born 1914)[†]

Ralph Woodward Clanton was an American character actor of film, stage, and television. His most seen performance was Comte De Guiche in the 1950 film Cyrano de Bergerac, the first sound version in English of Edmond Rostand's play, and the film for which José Ferrer won his only Academy Award for Best Actor. Besides Ferrer as Cyrano, Clanton was the only holdover from the cast of the 1946 Broadway revival of the play, and would play the role of De Guiche opposite him once more, in a New York City Center production in 1953.

Historical Context for December 29, 2002

In 2002, the world population was approximately 6,337,730,342 people[†]