Joan B Gottschall Financial Disclosure Report for 2009

8/3/2019 Joan B Gottschall Financial Disclosure Report for 2009

1/11

,~o/o FINANCIAL DISCLOSURE REPORT R e p r t R e q u i r e d b l th e E t h i c sin Govcrmnent Act q[ 1978R e ~ . . t / 2 0 1 0 FOR C ALENDAR YEAR 2009 ( 5 u . s . c , o p t ,. . ~ . ,~ t 0 / - t J l )I . P e r s o n R e p o r t i n g (Ins ! nam e , first, m idd le in itia l) 2 , C ourt o r O r g a n i z a ti o n 3 . Date o f R e p o r tGottschal l , Joan B. U.S. District Court, N DIL 06 /16 /2010

4. "rifle (Article Ill judges indicate actb,e or senior status; 5 a . R e p o r t T y p e [ , c h e c k a p p r o p r i a t e t y p e ) 6. Reporting P e r i o dmag istrate judge s indicale full- or part-time i [] Nom inat ion , D a t e 01/01t2009

District Judge--act ive status ~ Initial ~[ f f ] A n n u a l [] Final to., 1 2 1 3 1 / 2 0 0 95b . [] A me n d e d Re p o t - t

7 . C h a m b e r s o r O f fi c e A d d r e s s 8. O n t h e b a s i s o f t h e i n fo r m a t i o n c o n t a i n e d i n t h i s R e p o r t a n d an ym o d i f i c a t i o n s pertaining Ibereto, i t is , i n m y o p i n i o n , in compliance219 Sou th Dearborn St ree t wilh applicable laws and regulations.Room 2356Chicago, IL 606 04 Reviewing Officer D a t e

L ~ I P O R T A N T N O T E S : the instructions accompanying this form must be followe,t Complete a l l parts.chee&ing the NONE box fo r each par t where you have no repor tabl e in fo rma t ion . S ign on l a s t page .

I. POSITIONS. ~0o.~.~[----] N O N E (No reportable positions.)

POSITION NAME OF ORGANIZATION/ENTJTYI, M e m b e r Visiting Com m ittee to the Divinity School, Universi ty of Chicago2. Mem ber . Board of Di rec tors Il l inois Humanit ies Council3. Mem ber , Board of Di rec tors Martin Marly Center a t the Unive rsi ty of Chicago Divini~ School4. M e m b e r Friends of the Universi ty of Sussex

1 1 . A G R E E M E N T S . (Reporti,g inai,,ia,,tont); se, l~p. 14-16off!ling insouctlo~:)~ NONE (No reportable agreements.)

PARTIES ANO TERMS


2/11

FINANCIAL DISCLOSURE REPOR T Name of Person Repo rl ing Da,ofRepor~Page 2 of 9 Gottschall , Joan B. 06/I 6,2010

111 . NON-INVEST MENT INCOME. (~epo,ing i.divid~al .,d.,p ....~ e p p .A. Filers Non- Inves tm en t Inc ome

~ N O N E (No repor t ab le non- i nves t men t i ncome . )SOURCE AND TYPE (yours, not spo~es)

I. See S~t ion VI I I , n .I $0.~2.3.4,

B . S p o u s e s N o n - I n v e s t m e n ! I n c o m e - ~ Z y o ~ w e r e married d u r i n g a n )" po r ~ i o n o f th e r e p o r K n g yea r , c o m p l e t e this tection.fDolltsr ~tmotmt not req~dred extt,pt.~r I~onortsria.)

N O N E ( N o r e p o r t a b l e n o n - in v e s t m e n t i n c o m e . )D A T E SOURCE AND TYPE

I.

3.4.

I V . R E I M B U R S E M E N T S - transportation, lodging, food, en terta inment .f lt~ch,ths tho~e tt~ .~pouse amt dtTnmlettt children: see pp. 2.5.27 t~lif iling inxtrottions.I

NONE (No repor t ab le r e i mbursemen & )SOURCE D A T E S LOCATION PURPOSE ITEMS PAID OR PROVIDED

I.

2.3.4.5.


3/11


4/11

FINANCIAL DISCLOSURE REPOR T I N a m e o f P e r s o n R e p o r t i n g Dale0f R~:por!Page 4 of 9 I

V l 1 . I N V E S T M E N T S a n d T R U S T S - i ......... t.e, t ...... tiOnS (Inludes those of w ...... d dependent children; see pp..4-60 o/filing in.,tructi,,n,,.)N O N E (No reportable income, assets, or transactions.)

A. B. C. D.D e scrip tion of A sse ts Incom e d u ring Gross value a l end Transactions during reporting per i~

( includ ing t~st as~ts) reposing peri~ of r e p~a ing p e r i od(I) (2 ) (I)

Place " ( X}" a f t e r e ach a s s e t Amoun t Ty~ (e.g., V alue V alue Ty~ (e.g. Date Va lue Gain I d e n~ ,y o fe x e m p~ f rom p r i o r d i sc losur e C o d e I div. . r ent , C o d e 2 Method buy , s el l . mm/dd/~" C o d e 2 C~e I buyer /se l l e r( A- H ) or inl.) ( J-P ) Cod e 3 re d e m p tion ) ( J -P ) ( A- H i ( i f pr iva te

( Q - W } ~raasaction)

I. Vanguard Wellington Fund B Dividend K T

2. Vanguard Wellesley Fund B Dividend K

3. Vanguard Index "I~sl A Div id end L T

4. Vanguard Prime Portfolio A Dividend K T

5. US "lre~u~ Strip (I 1-15~9) None Matured I 1/15109 J

6. Fed Empl Credit Union Acts A Interest J T

7. IBM c/stock A Dividend K T

8. [heel c/stock A Dividend J T

9. Waste Management c/st~k A Dividend ~ T

10 . Vanguard Tax-Managed Growth & Income A Dividend J TFundI I. Hewlelt-Packard c/s~ock A Dividend J T

12 . CVS Caremark c/stock A Dividend J T

13 . MFS Mid-Cap Growth Fund B None J T

14 . MFS Value Fund B A Dividend J T

15 . Vanguard Capi~l Oppo~uniiy Fund A Dividend J T

16 . BlackRock Large Cap Value A Dividend J T

17 . BlackRock Value Oppo~unifies A Dividend J T

I . In c o m e G a i n ( o d e s : A ~ $ 1 . 0 0 0 o r l e s s B ~ $ ! . 0 0 1 - $ 2 . 5 0 0 C = S 2 , 5 0 1 - $ 5 ,0 0 0 D = $ 5 . 0 0 1 - $ 1 5 , 0 0 0 E = $ I S , O 0 ! - ~ 5 0 , ~ 0(~c Colunms BI and D4} F "$50.~1 - SI~,0~ G =$100 ,~1 - $1 ,0~,~0 HI : 11 ,~0 .~1 - $5 ,~ ,000 H2 =M ore than $5.~,~0(~(olumns CI ~nd D3) N -$250,~1 - $5~,~ O -$5~,~1 - $I,~,~0 PI =$1,~0,001 ~ $5,~,0~ P2 -$5.~0 ,~1 - $25.000 ,~0P3 -$25.~0,001 - $50,0~,~ P4 =M~e than3 . Value Mclh~ C~s Q "Appraisal R =Cost (Real Estate Only) S -Asscssnlcnt T ~Cash Mark~(Sc Column C2~ U -Book Value V =Ot~r W


5/11

FINANCIAL DISCLOSURE REPOR T [ N a m e o f r r r ~ u a R e p o r t i n gPage 5 of 9 I 6 q 6 / 2 0 1 0V ! I. 1 NV ESTMENTS and TRUSTS -i .... e . value, t ...... { i o n s ( I n c l u d e s t h o s e o f ~ o u s e a n d d e p e n d e n t c h i l d r e n ; ~ c c p ~ 3 4 - 6 0 {,fi lling in~ruction.tj

~ (No reportable income, assets, or tra~waction~.)ONE

D e s c f i p { io n o f A s s e t s Income during Gross value at end Transactions during reporting ~i~(including t~st assets~ r~ ing per iod o f r e p o ~ h x g p e r i o d(I~ (2) (I~ (2~ (I~ (2 )P i a c ~ " ( x ) ~ a f l ~ ~ a c h a s s ~ : A m o u n t ~ y p ( e .g . , V a lu e V a l u e Ty~ (e.g. , Da~ Value G a i n Id~ti~ ofe x e m p l fr o m p r i o r d i s l o s n r C ~ e I d ~ v . , r ~ m . C o d e 2 Mcthod b u y , s e l l, mmid~ C~e 2(A -H ) o ~ i r a . ) ( J - P ) C ~ e 3 r e d e m p t i o n )( Q - W ) lran~cl ion)

Shares Russell I 0 0 0 G r o w t h I n d e x F d . A Dividend J T1 9 . I Share s Russe l l Midcap Inde x Fd . A Dividend J T2 0 . I Shares Russe l l 2 (100 Growth Index Fd . A D iv ide nd J T2 1 . Vanguard Intem l Eq. Idx. l=.mcrg. Mkt. Eft. A Dividend J T2 2 . [ Shares Russel l 2000 Index Fd, A D iv id en d J T2 3 . I Shares Russe l l Madcap Grow th Index A Dividend J T2 4 . JP Morgan Growth Advantage Fd. None J T25. . IF Morgan In lr ep i d ln tem l Fd . A Dividend J T2 6 . JP Morg au Asia Equ it y Fd. A Dividend J T

2 7 . JP Morgan Tax Aw are Short Intnned Inc . A Dividend Closed 0 6 1 2 9 1 0 9 J See Part VIII, n. 4Fd .2 8 . JP Morgan Short Term Muni Bond Fd. A Dividend J T Buy 06!29/09 J See P art VIII. n. 429 , JP Morgan In te rmed . T~. Free Bond D Interest M T3 0 , JP Morgan Tax Aware Rea l Ret , Fd, A Dividend K T Bu y 05/07109 J Bought more3 1 . Fide l i ty Adv. I tS Inc Advantage Fd. A Dividend K T32 . Harbor Fd . [nlem l Fd. Instl C I A Dividend Sold 04124/09 K33 . JP Morgan US Large C ap Core Plus A Dividend K T34 . JP Morgan U S Equ i ty Fd. A Dividend J T


6/11

FINANCIAL DISCLOSURE REPOR T r ~ a m e o f r . so . R e p o . i ~ , , . e o r R ~ p o .Page 6 of 9 C . o , s c h ~ 1 1 . J o a , B . 0 ~ / ~ 6 / 2 0 ~ 0

V ! I. I N V E S T M E N T S a n d T R U S T S - i.~o,,. ~ . , . . .. . .. l i on s ( I nc l u d , s t h o~ e o f ~ p ou s e a nd de pe nd e n t c h i l d r e n ; s e e pp . 3 4 -6 0 o f f il i ng i n t tr u c t i on~ . )NONE (No reportable income, assets, or transactions~)

A. B. C. D .D e s c r i p t i o n o ~ A s s e t s I n c o m e d u r i n g Gross value at end T r a n s a c t i , a ~ during reporting period(including trust assets) r e p or t i n g p er i o d o f ~ ep or l i n g p e r io d

( l ) ( 2 ) (I~ (21 (H (2) ~ 3 ) ( 4 ) (5)P l a c e " ( X ) " a f te r e a c h a s s ~ ! A m o u n t T y p e ( e .g . . Value Value T y p e ( e . g . . D a t e Value Gain I d e n t i t y o fe x e ~ n p l f ro m p r m r d i s c l o s u r e Code I d i v . , r e n l . Code 2 Meth~l buy. sell. m n~dd:yy C o d e 2 Code I b uyer/se lle r( A - H ) ~ int.) (J-Pl ( . : o d e 3 r e d e m p t i o n ) ( J - P ) ( A - H ) (ifprivme( Q - W ) t r a n s a c t i o n )3 5 . JP Morgan Int rep id Ame rica Fd. A Dividend J I"3 6 . JP Morga~t,."Chase checking account A Interest J T Conslantchangcs3 7 . JP Morgan/Chase savings aco~.tnt A htterest M T Cons~anl changes3 8 . JP Morgan,.Chase Money Markel Acct B Dividend O T See Parl VIII, n.23 9 . JP Morga n C ha s e 1 0 0 % U S T r e a su ~ MM See Pan VIII, n .2Fd. ( investme nt acct)4 0. JP Morgan Chase 100% US Treasu ry MM See Part VIII, n.2Fd. ( reti rement account)41 . JPMnrgan Short Dura t ion Bd. Fd. A Interest K T42 . Barc l ays T ips B d. . A Dividend J T43 . JPMorgan In t em l Value Fund A Dividend J T

44 . JPMorgan t l ighb r idge S ta! Mkt Ne ut Fd A Dividend J T45 . Manning & Napie r Fd h tc New Eq Se r A Dividend J T4 6 . Spdr lr Unit Set I A Dividend K T4 7. Ea ton Vance I nv t Tr Lg Cap Va lue Fd A Dividend K T4 8. Dodge & Cox Fds In l l S tk Fd A Dividend J T4 9. I Shares MSCI Asian Ex Japan A Dividend J T See Part VIII , n . 35 0 . US Treasu ry Bi l l, May 14 matu r i t y A Interest Bu y 102/17/09 J5 1 . US Treasu ry Bi l l. May 14 matu r i t y A Interest Matu re d 05/14 /09 J


7/11

FINANCIAL DISCLOSURE REPORTP age 7 o f 9 Gottschall , Joan B. O6II 6/2010V I I . I N V E S T M E N T S a n d T R U S T S - ~ ..... e. ~t.~, , ...... ~ions (~nc~ud~s ~h~se ~f ~peuse and de~endn~ .hildren; se~ p~. 34~60 ~f~i~g in~tr~cri~ns-)

NONE (No reportable income, assets, or transactions.)A, B C. D .

D e s c r i p ti o n o f A s s e t s h ~ c o l n c d u r i n g Gross value at end Transactions during reporting pcri~(including trust assets) r e p o rt i n g p er i o d o f r e p or t i n g p er i o d(I) (2) (I) (2) O} (21 (3) (4) (5 )P l a c e " ( x ) " a f t e r c a c h a s s e t A m ou n t T yp e (e g . . Value Value Type (e .g , D a t e Value Gain I d e n t i t y o f

e x e m p t f r o m p r i o r d i s c l o s u r e Code I d l v , , r e n t , C o d e 2 M e t h o d buy, se ll. m mldd /yy C o d e 2 Code l buyer!seller(A-Hi o r i n , , . ) ( J - P ) C o d e 3 redempuon) ( J - P ) ( A - H I ( i f p r i v a t e(Q.W) t r a n s a c t i o n l

52 . US Treasu ry Bi l l. Aug. 13 matu r iLv A Interest Bu y 02/17/09 J53 . U S T r e a s u ry B i l l A u g . 1 3 rnalurily A Interest Matured 08/13/09 J5 4 . UST reasu ry Bi l l Oct . 15 matu r i ty A h|terest Bu y 05/14/09 J

55. US Tre asury B i l l Oct . 15 m atur ib, A Interest Matured 10/15/09 J

2. Value C~ ~ l "$15.~or less K =$15,(~1 - $50.~ L =$~.~1 - $100,~ M =il~,~l - $250,~0


8/11

FINANCIAL DISCLOSURE REPOR T ~ a m e o f V e r s o ~ R e p a r t in ~ [ DateofRepor,Page 8 of 9 Gottscha l l , Joan B.

[06 /16 /2010

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS.

NOTE I (Se ction II1)1 am a sharehol der in a : ~ business as was desc r ibed fu l l y in my 1 991 F inanc ia l Disc losu re Report and in t he October 23 . 99 , Op n on of t ~e Comm it tee onCode s of Conduct. whi~ii: :~,~ attached to that Report and is ~ttached here to. I realized n o income from this business during the re porting pe riod.NOTE 2 [Se ction VII, I I . 38-40)The en t r ie s on l ines 38-40 a re m oney m a rke t ca sh equivalen t sweep accounts , mean ing tha i in te r e s t , d iv idends and r ec e ip ts f rom a~se t sale s a re swep t in to theseaccounts, amounts for purchases are taken f rom these accounts and cash (or i ts m oney m arket equivalent) is held in these accounts "Transactions" in theseaccount s t ake p l ace da i l y as money i s swe p t in and swe p t ou t . I have combined t hese t hree swee p account s into one ( l ine 38 ) s ince m y broker f requent l y changesthe types of short term money market fund i t uses for sweep accounts, and keeping track of these changes is virtually impossible. By combining these entries, [ canreporl m ore accurately the total assets held in these accounts. The assets reported re present the com bined Iola[ of these accounts in my reti rem ent and.~on-retirement accounts.NO Il-~ 3 (Section VII, I. 48)This asset was purchased in October 2 4, 2008 and accidentally omitted f rom nay 2009 Re porl. I ts proper valuation code for the transaction in 2008 "~as J.NOTE 4 (Section Vll. II . 27-28)The I- und lisled on line 27 was closed. JP Morgan automatically transferred the contents of that fund into the fund listed on liue 28, w.hich i t viewed as comparable.JP Morgan has inform ed m e that this was a non-taxable eve nt, and "*as handled b y J | : Morgan in a way that no prof i t or loss was realized.


9/11

FINANCIAL DISCLOSURE REPORT .... , r . . . . . I IPage 9 of 9 Got l schall , Joan H . 06,16/2010IX. CERTIFICATION.

I ce r t i f . that a l l in fo rm at ion g iven above ( includ ing in fo rm at iou pe r t a in ing to my spouse and m inor o r depend en t ch i ld r en , i f any) isaccurat e , true , and com ple t e to the be s t o f my k no~ l edge and be l ie f , and that any in fo rmat ion no t repor t ed w as ~vi thh~ld because i t m e t appl icab l e s t a lu to ryprov is ions pe rm i t ting non-d isclosur e .

! f u r t h e r c e rt i fy t h a t e a r n e d i n co me f r o m n u t si d e e m p l o yme n t an d h o n o r ar i a an d t h e acc e p t ance o f g i f ts wh i ch h av e b e e n r e p o r t e d a r e i ncom pl iance wi th the prov is ions o f 5 U.S .C. app . 501 e t . s eq . , 5 U.S .C. 7353, and Jud ic ia l Confe r ence r eg ulat ions .

Signa

NOI - E : ANY I NDI V I DU AL W I I O K NOW I NG LY AN D W I LFU I , I , Y FALSI FI ES OR FALLS T O FI LE T H I S R EPOR [ M AY BE SU B . I EC T fO C I V I l,AND C R i S I l NAL SANC T I ONS (5 U . S . C . a p p . 1 0 4 )

FILING INSTRUCTIONSM ai l s igne d o r i g i na l and 3 ad d i t i onal cop i es to :

Com m i t te e on F inanc i a l D i s c losu r eAd m in is t ra t iv e O f f i c e o f th e U n i ted S ta t e s Cour tsS u i t e 2 - 3 0 1One Columbus Circle, N.E.Washing ton , D .C . 20544


10/11

COMMITTIrE ON CODE:~ OF CONDUCTJUDICIAL CONF[RKNCE OF THE UNITED ~TATE~

COUNIIL

The Honorable Jean B. Gottschal!U n i t e d S t a t e s D i s t r i c t C o u r t ,.219 South Dearborn StreetChicago, Illinois 60604

Re: Docket No. 828%D e a r J u d g e G o t t s c h a l l : ..

In 1986, 1987, and 1988 you, along withedit_ed and proofread a manuscript on a non-legalI- The manuscrip t was published as a book byThe book is selling well enouqh to p roduce income~blisher, author, and editors, who reside in Canadahave proposed formation of a partnershlp under Canadian laws whose

assets will be all the riqhts to the b ook. The partners will be~ you. After the partnership isformed, it Wiii~ i~ t~h~ b~ di"~~ olved and the assets transferredto a Canadian corporation whose shareholders will be the partnersof the dissolved partnership. After the p artnership is formed,your sole role will be to serve as a shareholder. As a sharehold-er, youwill share in proceeds arising from the sales of the bookand the use of the rights to the bo ok. You ask whether you mayparticipate in this arrangem ent t.:ithout tr~_nsgressing either theCode of Conduct for United States Judges or the Ethics Reform Actof 1989.The receipt of income from writing or editing a book isperm itted under the Code of Conduct. Canon 5A says, "A judge maywrite ... on non-legal, subjects." The Committee believes thatediting and proofreading are activities covered by the word"writing." And the Committee has approved, at least implicitly,the receipt of income from writing. Advisory Opinion No. 55.There are restrictions on the manner in which a judges name may beused in the promotion of a book, but, we assume, these restrictionsare not likely to be involve d in your case since you are not theauthor and your name is unlikely to be used in connection withselling of the book. Nor is there anything about the nature of the


11/11

The Honorable Joan 8. GottschallOctober 23, 1991Page Two

book, "Food and the Gut React ion", that suggests your associationwith the book would "detract from the dignity of the judgesoffice." Canon 5A.Under Canon 5C(2) a judge may serve as a "director [or]active partner . . . of any . . . business wholly owned byi of whom are related to the j udg~ ~::~~ ~

ithin" " . according to the civil law system."

fortiorl, your participation as an inactive partner and a non-off icer shareholder in a enterp rise. Your particip ation inthe entero rise would no~"~"~ ate your duty under Canon ~C.3 to"manage financial interests to minimize the number of casesin which the judge is disqualified"; this is s o because you couldnot, in any event, hear cases in which havean interest. Canon 3Cl(d) .

Finally, the Ethics Reform Act ~es not generallyprohibit either serving as a p~rtner or a shareholder. There arespecific lim itations to such activity, but these are not, save one,remotely app licable here. Regulations of the Judicial Conferenceof the United States Under Title VI of the Ethic Reform Act of 1989("Title VI Regulations"). The Title VI Regulations do bar anyservice "for compensation as an off icer or member of the board ofany corporation or other entity." 5(a) (4). In your case, you will not serve as an off icer or boardmember and the prohibition of 5(a) ( 4) does not apply to yourproposed activity.

".. You also should be aware that the Ethics Reform Actlimits the amo unt of outside income earned in any one year. Theincome limit is not app licable in your circumstances. Title VIRegulations 3(b) (2) provides that "funds received for services. r . e n d e r e d before January I, 1991" are not outside earnedincome.

The Committee advises that the course of action proposedby you is consistent with the Codes of Conduct and the Title VIRegulations of the Judicial Conference.

Documents

Joan B Gottschall Financial Disclosure Report for 2009