GARY L. ACKERMAN Net Worth & Financial Disclosure

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Annual financial disclosure for 2008, filed May 15, 2008. Includes 14 assets and 1 liabilities.

Year:

2012 2011 2010 2009 2008

Est. Net Worth

$698K

2008 annual disclosure

Total Assets

$449K - $1M

14 assets

Total Liabilities

$15K - $50K

1 liabilities

Total Trades

From PTR filings

Trade Volume

$33K

Midpoint of disclosed ranges

Net Worth Over Time

Show data table

Period	Est. net worth
2008	$698K
2009	$674K
2010	$1.7M
2011	$905K
2012	-$168K

Assets by Category

LLC / Partnership$375K (1)

Retirement & Pension$223K (5)

Mutual Funds$83K (2)

Stocks$41K (2)

Bank & Cash$9K (4)

Top Stock Holdings (from trades)

All Assets (14)

Asset	Type	Owner	Value	Income
Long Island Newspaper Company Flushing, NY, US	LLC / Partnership	Self	$250,001 - $500,000	Capital Gains $15,001 - $50,000
IRA – Nationwide Annuity, Best of America IV	Retirement & Pension	Self	$15,001 - $50,000	Interest $201 - $1,000
IRA – Family Management Corp	Retirement & Pension	Self	$50,001 - $100,000	None
IRA – Nationwide Annuity, Best of America IV Fixed Account (part of Family Management Corp IRA)	Retirement & Pension	Self	$50,001 - $100,000	Interest $1,001 - $2,500
Pershing/Alliance Cash/Money Market Fund (part of Family Management Corp IRA)	Retirement & Pension	Self	$1,001 - $15,000	Interest $1 - $200
Sonus Networks Inc. Stock (Part of Family Management Corp. IRA)(SONS)	Stocks	Self	$1,001 - $15,000	None
Fairholme Fund (Part of Family Management Corp. IRA)	Mutual Funds	Self	$1,001 - $15,000	Interest/Capital Gains $1 - $200
Melrose Credit Union	Bank & Cash	Self	$1 - $1,000	Interest $1 - $200
Citibank Checking/Savings/Money Market Accounts	Bank & Cash	Self	$1,001 - $15,000	Interest $1 - $200
SVN (Stock)	Stocks	Self	$15,001 - $50,000	None
IRA Sterling Trust/Esquire Bank	Retirement & Pension	Self	$15,001 - $50,000	None
Fidelity Investments, Magellan Fund	Mutual Funds	Self	$50,001 - $100,000	Dividends $201 - $1,000
Congressional Federal Credit Union	Bank & Cash	Self	$1 - $1,000	Interest $1 - $200
PNC/Alliance Cash/Money Market Government Account	Bank & Cash	Self	N/A	None

Liabilities (1)

Creditor	Type	Amount	Rate	Term
Seig Zises	other	$15,001 - $50,000	—	—

GARY L. ACKERMAN trades Wealthiest members Most active traders NY delegation Articles

Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).