Chertoff worth millions, documents show

[struggle4progress]

By LARRY MARGASAK

Associated Press


WASHINGTON - Michael Chertoff, the president's nominee to head the Homeland Security Department, had assets worth between $2.1 million and $4.9 million at the end of 2003 but few investments were in individual stocks, documents show. <snip>

Chertoff, an appellate judge whose salary this year is $171,800, only listed one active stock investment at the end of 2003: holdings in Endo Pharmaceuticals Inc., a company that specializes in research, development and sale of drugs used primarily to treat and manage pain. The stock was worth up to $15,000 at the end of 2003. <snip>

Chertoff's wife, Meryl, formerly worked in the legislative affairs office of the Federal Emergency Management Agency, the disaster response agency that is part of the Homeland Security Department. <snip>

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