' .

__________ _ Date ___ _

PQSmON NAME OF QRGANIZATION/ENTIIY

PARTIES AND TERMS

::: ·-

. " umu1 -,1 ...,1v•

A0-10

Rev. !ll004 FINANCIAL DISCLOSURE REPORT Report Required. by the Ethics

in Government Act of1978

I. Person Reporting (Last name, First name, Middle initial)

Letts, Spencer J

4. Title (Article Ill Judges indicate active or senior status; magistrate judges indicate Ml- or !*1-time)

Senior U.S. District Judge

7. Chambers or Office Address

U.S. District Court

312 N. Spring St Rm.243J

Los Angeles, CA 90012

CalendarYear 2003

2. Court or Organization

Central District of Califomia

S. ReportType (check appropriate type)

Q Nomination, Date

0 Initial @Annual 0 Final

(5 U.S.C. app. §§ 101-111)

3. Date of Report

5/13/2004

6. Reporting Period

lll/'l003

to

12/31/2003

8. On the basis of the information contained in this Report and any modifications pertaining !hereto, it is, in my opinion, in compliance with applicable laws and rcgu)ations.

Reviewing Officer

IMPORTANT NOTES: The instructions accompanying this form must be followed. Complele all parts, checking lhe NONE box for each part whereyou have no reportable infmmaticm. Sign on last page.

I. POSffiONS. (Reporting individual only; see pp. 9-13 or filing instructions) NONE - (Noreportable positions.)

1.

·o -'1;/>.-0>

;.o·:n -rn.J:;..r.,, ·O·:::;: 0

(}') .._ - ""'f\--.,,.. c:::> : '

c.oII. AGREEMENTS. (Reporting individual only; see pp. 14-16 offiling instructions) �� .;:

o> SE-nr- t"'1"1 0 NONE - CNo reponable agreements.) ..,, -- c::::>(? .r:-

l"T1

1.

..

·.

SOUR.CE AND mE GROSS INCOME

SOUR.CE AND TYPE

SQURCE DP$CRIPllQN

IV. REIMBURSEMENTS - transportation, lodging, food. cntertainmeni.

. ., FINANCIAL DISCLOSURE REPORT Name ofPerson Reporting Date ofRePort

Letts. Spencer J 5/13/2004

III. NON-INVESTMENT INCOME. (Reporting individual and spouse; see pp. 17-24 offiling instructions)

A. Filer's Non-Investment lncom

D NONE - (No reportable.non-investment income.)

()iours, not spouse's)

1. 2003 Allegany Technologies (Teledyne Pension) $7,275.

B. Spouse's Non-Investment lncome(If you were married dining any portion of the reporting year, please complete this section. (dollar amount not required except for honoraria)

li2J NONE - (No reportable non-investment income.)

1.

(Includes those 10 spouse and dependent children. See pp. 25-27 of instructions.)

li2l NONE -

SOVRCB DESCRIPTIQN

VALUECQDE

FINANCIAL DISCLOSURE REPORT Name of Person Reporting

Letts, Spencer J

V. GIFTS. (Includes those to spouse and dependent cluldren. See pp. 28-31 of instructions.)

NONE - (No such rcpottable gifts.)

I.

Date of Report

5/13/2004

VI. LIABILITIES. (Includes those of spouse and dependent cbildnm. See pp. 32-34 of instructions.)

0 NONE CNo reportable liabilities.>-

CrcditCard J

CREDITOR

l. Citibank

- ----- -----

Type

2.

B

Int.

/

ff ll'om

Code2

J

(1) (2)

3.

15.

(2) Date:

··FINANCIAL DISCLOSURE REPORT N of Person Reporting Date of Report ·Page 1 of2 Letts, Spencer J S/13/2004

·VII. INVESTMENTS and TRUSTS - income, value, transcalions ("mcludcs tboae of the spouse and dependent children. See pp. 34-57 offiling instructions.)

A. B. c. D. Income during Gross valueat end of Transactions during reporting periodDescription of Assets reporting period reporting period (including lrllSt assets)

(I) (2) (I) not exempt d1sc!OSUl'e .. (3) (4) (5)

Place "(X)• after each asset exempt Alncnmt Value Value Type (e.g.(e.g.div. nmt.or

Value Gain ldcntityoffrom prior disclosure Code2 Method buy, sell, Month· buyerfsellermerger,(A·H) int.) (J.P) Code3 Day (J·P) (A·H) (ifprivateredemption)(Q-W) transaction)

DNONE (No rcporuble income, assets, or transactiona)

1. IRA-Duse Co/JKR. Laguaa Bch. Pershing Govt A int. M T Acct.

IRA-DLJSC ..JKR.LagunaBch. Captaris Inc. Com None '1 T

Code 1 Code 1

Bell South Cmp A Div. J. T

4. Dupont A Div. K· T

s. General Electric Div. L T

6. mM A Div. K T I

7. Alliance Cap Reserves - IRA A J T

8. Hunt Oil A Royalty J w

9. Lion Oil A Royalty J w

10. Lucent Tech. A Div. J T

11. SBC A Dividend J T

12. Agc::rc Sys In. A A Dividend J T

13. Agc::rc Sys In. B A Div. J T

14. Ayala A Div. J T

16.

PV lnvesiga1o11 A Div. M T

Intel Partial sale 10/23 J

17. Cost:o

Buy 5/2318. Microsoft

l. Incomc!Gain Codes: A =Sl,000 or less B .. $1,001-$"..,500 c & S2,501-$5,000 D =$5,001·$15,000 E =$15,001-$50,000

{See Column Bl and 04) F = $50,00l·SIOO,OOO G = Sl00.001-$1,000,000 HI E Si,000,001·S5,000,000 H2 =More than $5,000.000

1. Value Codes: = $15,00[) or less K = S l 5 ,00 l-SS0,000 L " !50,001-$100,000 M =SJ OO,OOJ-$250,000

(See Cohmms Ci and D3i N = Z250,00U-S:500,00D 0 = 5:500,00J-$1,000,000 Pl $J,000,00l-$5,000,000 P2 = .ODO.OOJ-S25,00[J,OOOc

000,000P3 = :25.000,00J·S:5Ci,OOO,OOO P4 = $More than $51i,

3" Value Method Cocies Q = A?praislL Jc = Cost (f cn: Estate Oniy) = f.ssessment T = Cash/Mar::e: r -L "\ '.

If

(2) 25,000,000

T Casil!Marke.=

Date_ql a-'-+4 /..;...L..ot/ __

;. INANCIAL DISCLOSURE REPORT f:fan·. :f?erson Rqiorting

I Lott, '""= , Date or' R.:port

5/13/:2004

IX. CERTIFICATION.

I certify that all information given above (including information pertaining to my spouse and minor or dependent children, if any) is accurate, true, and complete to the best of my knowledge and belief, and that any information not reported was withheld because it met app cable statutory provisions permitting non-disclosure.

I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. § 501 et. seq., 5 U.S.C. § 7353, and Judicial Conference regulations.

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FAILS TO FILE TIIlS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. § 104)

FILING INSTRUCTIONS

Mail signed original and 3 additional copies to:

Committee on Financial Disclosure

Administrative Office of the United States Courts

Suite 2-301 One Columbus Circle, N.E.

Washington, D.C. 20544

ANCIAL DISCLOSURE REPORT Name of Person Reporting

Letts, Spencer 1

VIII. ADDmON.AL INFORMATION OR EXPLANATIONS (Jnc!icateputofReport.>

Date of Report

S/13/2004

REPO

__________ _ Date ___ _

PO SIDON NAME OF ORGAN!ZADON/ENTIIY

PARllES AND TERMS

i i

rt Required by the EthicsAlLlO FINANCIAL DISCLOSURE ·,_.. : Government Act of 1978 Rev.1/2004

Calendar Year 2003 cs u c. app. §§ 101-111)

1. Penron Reporting (Last name, First name, Middle initial) 2. Court or Organization

Letts, Spencer J Cc:nlral District of California

4. Title (Article m Judges indicate active or Bellior status; S. ReportType {check appropriate type) magistrate judges indicate full- or part-time) Q Nomination, Date Senior U.S. District Judge

Q Initial @Annual 0 Final

3. Date of Report . 5/13/2004

6. Reporting Period ·

infloo3

to 12/31/2003

7. Chambers or Office Additss 8. On the basis of the information contained in this Report and any modifications pertaining thereto, it is, in my opinion, in compliance

U.S. District Court wi1h applicable laws and regulations. 312 N. Spring.St Rm.243J

Reviewing Officer.Los Angeles. CA 90012

JMPORTANT NOTES: The instractions accompanying this form moat be followed. Complctc all parts, checking the NONE box for each part where you have no reportable infonnation. Sign on last page.

I. POSITIONS. (Reporting individual only; ace pp. 9-13 of filing instructions) 1' NONE - (No reportable positions.)

1.

Il. AGREEMENTS. {Reporting individual only; ace pp. 14-16 of filing instructions>

NONE - (No reportable agr=ments.)

1.

a ;.··1

SQURCEANDmE GRO$S INCQME

SOVRCE AND TYPE

SOPRCB DBSCRIPTION

S/13/2004

'

•'

Name ofPerson Reporting FINANCIAL DISCLOSURE REPORT Date of Report

Lel1s, Spencer I

m. NON-INVESTMENT INCOME. (Reporting individual and spouse; see PP· 11-24 or ming instructions)

A. Filer's Non-Investment Incom

D NONE - (No reportable non-investment income.)

(yours, not spouse's)

1. 2003 Allegany Technologies (Teledyne Pension) $7,275.

B. Spouse's Non-Investment lncome(lf you were manicd during anyportion of the tcpOrtingyear, please complete: this acction. (dollar amount not required except for hcmoraria)

NONE - (No reportable non-investment. income.)

t

IV. REIMBURSEMENTS -transportation. lodging, ro00, cntenainmcnt.

(Includes those to and dependcmt children. Sec pp. 25-27 of instruction&.)

NONE - (No sucbreporfablcreimbmsmnents.)

1.

SQURCE

DESCRJPTION VAWECODB

S/13/2004

Name of Person Reporting MNANCIAL DISCLOSURE REPORT Dale of Report .• . •. Letts, Spencer J

V. GIFTS. (Includes those to spouse and dependent cluldrcn. Sec pp. 28-31 of instructions.)

NONE (No such reportable gifts.) -

· DESCRIPTION

1.

VI. LIABILITIES. (Includes those ofspouse md dq>cndcnt children. Sec pp. 32-34 of .instructions.)

0 NONE (No rcportab1c liabilities.) -

CREDITOR

1. atibank CrcditCmd J

llnot mnn

(3) (4) (S) Type

(A-Ii)

..

2.

8.

Intel 10/23

'

B c

(1) (2)

(A-H) merger, n=demption)

4.

FINANCIAL DISCLOSURE REPORT Name of Person Reporting Date of Report Page 1 of2 Lctls, Spencer J Sn3fl004

VII. INVESTMENTS and TRUSTS - income, value, transcatioos (includes those of the spouse and dependent children. See pp. 34-57 of filing instructiODS.)

A. B. c. D. h100meduring Gross valnc at end of TumActions during .reporting period

Description of Asaeli niporting period rq>orting period (including trust assets)

m:anpt disclosuno(I) (2) (I) (2)

Place "(X)" after each asset exempt Amount (e.g. Value Value Type (e.g.buy, sell,

Date: Vaine Gain Identity of buyer/sellerfrom priordisclosuno Codel div. rent. DI' Code2 Method Month- Codc2 Codel

int.) (J-P) Code3 Day (J-P) (if private (Q-W) tnmsacliou)

DNONE (No rcporlBble income. asaets, or transaction&)

1. IRA-DUSC ColJKR. Laguaa Bch. A int M T

IRA-DUSC-JKR Lagllna Bch. None J T

3. Bell South cOrp A Div. J. T

s.

Dupont A Div. K T

Gcnoral Electric B Div. L T

6. IBM A Div. K T

7. Alliance Cap R.cscrves. A Int. J T

Hunt Oil A R.oyalty J w

9. Lion Oil A R.oyalty J -

w

10. Lucent Tech. A Div. J T

11. SBC A Dividand J T

12. Agere Sys In. A A Dividend J T

13. Agere Sys In. B A Div. J ·T

14. Ayala A Div. J T

15. FV Invesigators A Div. M T

16. Partial ale J

17. Costco

18. Microsoft Buy Sfl3 J

l. Income/Gain Codes:

(See Columns Bl and 04)

2. Value Codes:

(See Colwnns Cl and D3)

3. Valu Method Codes

!See Column C2'1

A • Sl,000 or less

F - $50,00!-$100,000

J - $15,000 or less

N - $250,000-$500,000

P3 = S:25,000,00l-S50,000,000

Q cAppraisal

U =Boo:: Value

G

K

0

R

v

• S l,001-$2,SOO

-s100.001-s1,ooo,ooo

-s1s,001-sso,ooo

• SS00,001-$1,000,000

• Cost (Real Estate Onli•) =Other

.. $2,501-$5,000

Hl • $1,000,001-ts,000,000

L -$50,001-$100,000

Pl • $1,000.00i -$5,DOO,DOO

P4 • SMore tbm SS0,000,000

s = Assessment

W • Estimated

D - $5,001-515,000

H2 "'More than SS,000,000

M •:E!00,001-$250,000

P2 s SS,000,001-S25,000,000

T = Cash/Marke;

E •SIS,OOl-$50,000

Pfizer

22.

B

v

c.

Dist

If

(2) (3) (4)

S/23

c D

(1)

FINANCIAL DISCLOSURE REPORT Name of Person Reporting Date ofReport ·Pagel of2 Letts, Spanccr J S/1312004 VII. INVESTMENTS and TRUSTS -ini:omc, value. ttanscaiions fmcludes those of the spoosc and dependent children. Sec pp. 34-S7 of filing in&tructious.)

A. B. D. Income during Gross 'Y&lue at end of 'rnllllactioos during rq>e>rtiug period

Description ofAssets reporting period reporting period (including trust essets)

(1) (2) not exempt from disclosure ('2) (1)

19.

Place "(X)* aftcreach assetc::xmnpt from prior disclosure

Rational Software

Amount Codel (A-H)

,Type (e.g.div. rent or int.)

Value Code2 (J-P)

Value Melhod Code3 (Q-W)

Type (e.g. buy, sen, metgc:r,redemption)

Liquid.

Date: Month-Day

2/03

Value Code2 (J-P)

J

Gain Codel (A-H)

(S)

Identity of boyer/1cller (if private tmnsaction)

20.

21.

Captaris ..

Buy J

Johnson &Johnson

23. CiicosIAS Partial sale 2/15 J

2.4. Home Depot

25. Harley Davidson Buy 10/27 1

26. H.R.Block

27. General Dynamics

28. AIG - Buy 2123 J

29. Paychex. Inc. Buy 2128 J

l. Income/Gain Codes: A • S 1,000 or less • Sl,001-$2;500 • $2,SOl-$5,000 • $5,001-SlS,000 E • $15,001-SS0,000

(Sec Columns BI and 04) F • SS0,001-SI00,000 G ""$100,001-Sl;OOO,OOO HI • Sl ,000,001-$5,000,000 H2 ""Mote than $5,000,000

2. Value Codes: .. $15,000 or less K • S15,001-SS0,000 L -ss0,001-SlOO,OOO M • S100,001-S250,000

(See Columns Cl and D3) N .. S2S0,000-$500,000 0 .. $500,001-Sl,000,000 Pl ,.$1,000,001-$5,000,000 P2 .. S5,000,00I-S2S,OOO,OOO

P3 = $25,000,00I-SS0,000,000 P4 .. $More than SS0,000,000

3. Vatue Method Codes Q = Appraisal r. =Cost (Real Estate Only) s = Assessment T = Cash/Market

rs Coiumr. C2J u .. Book Value Otlle W Estimated

FINANCIAL DISCLOSURE REPORT Name of PCISon Reporting

LcUs, Spencer J

Date of Report

S/13/2004

CindicatepartorRcport.)VIII. ADDmONAL INFORMATION OR EXPLANATIONS

natc_

.S_/_11_.../_o_I-/ __ _

....... . h

\ . ANCIAL DISCLOSURE REPORT Name of Person orting

Letts. Spencer J

IX. CERTIFICATION.

Da1c of Report

S/13/2004

I certify that all information given above (including information p to my spouse and minor or dependent childrco, ifany) is accurate, true, and complete to the best of my knowledge and belie( and that any information not reported was withheld because it met applicable statutory provisions permitting non..msclosure.

I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. § 501 et. seq., S U.S.C. § 7353, and Judicial Conference regulations.

I

NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FAILS TO FILE TIIlS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. § 104)

FILING INSTRUCTIONS

Mail signed original and 3 additional copies to:

Committee on Finincial Disclosure:.

Ad:ministmtive Office of the United States Courts

Suitc2-301 One Columbus Circle, N.E.

Washington, D.C. 20544