Home ·  Classifieds ·  MyVLT2.com ·  VolTV2Go.com ·  Volzeye.com ·  Desktop Alert
Mayor Ragsdale under review for stock purchase Save Email Print
Posted: 8:18 AM May 8, 2008
Last Updated: 1:00 PM May 8, 2008


A | A | A

Knox County (WVLT) - Knox County's mayor is under review for a stock purchase he made about three and a half years ago.

The news sentinel reports Mayor Mike Ragsdale purchased $10,000 of stock in IdleAire Technologies in December of 2004, in the same month he signed and finalized a one million dollar federal grant to the company.

Ragsdale also sat on a 12 member committee which oversaw federal grants to IdleAire totaling nearly 2.8 million dollars over the last six years.

IdleAire is a Knoxville company that makes in-cab electric units for 18-wheelers.

Mayor Ragsdale has not commented about the situation.

Email  del.icio.us   Google   Yahoo  digg
More Stories
Cost of gas straining Grainger County Sheriff's budget

Governor Bredesen: No new Tenncare enrollees

Illegal immigrant suspected of raping 92-year-old woman sheds light on growing problem

Blount County cleans up after weekend winds

Tennessee Governor Bredesen addresses General Assembly on budget

Knox County students DARE to resist drugs

Jacksboro getting ready to welcome 1175th troops from East Tennessee

Bill would require voting paper trail for all Tennessee counties

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
Email will not be displayed on site. For station contact purpose only.
Read Comments
Comments are posted from viewers like you and do not always reflect the views of this station.
Posted by: Elizabeth Location: knox on May 9, 2008 at 11:14 AM
Why is this criminal still in office?He has practically advrtised his wrong doings yet he still is mayor?I say impeach him,we have had enough!!!!

Posted by: Hammer Location: Knoxville on May 8, 2008 at 04:59 PM
Now let the average Joe do something like this and they would be doing time in prison for inside trading..! STEP DOWN RAGSDALE... you're nothing but an embarrassment to the entire county..!! You have proven that you are as crooked as the people that abused their purchasing power while working under you in the Mayor's office.

Business Connections Tile