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Oscar Mayer dies at 95

MADISON, Wis. - Oscar G. Mayer, retired chairman of the Wisconsin-based meat processing company that bears his name, has died at the age of 95.

Mayer's wife, Geraldine, said that he died of old age Monday at Hospice Care, in Fitchburg.

He was the third Oscar Mayer in the family that founded Oscar Mayer Foods, which was once the largest private employer in Madison. His grandfather, Oscar F. Mayer, died in 1955, and his father, Oscar G. Mayer Sr., died in 1965.

Mayer retired as chairman of the board in 1977 at age 62 soon after the company recorded its first $1 billion year. The company was later sold to General Foods, and is now a business unit of Kraft.

Mayer's first wife, Rosalie, died in 1998. He married Geraldine Fitzpatrick in 1999. *

 

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Question: I've started trading futures and currencies. It's a small account, but I'm worried about the effect on my taxes because there is so much trading. Is there anything I can do about that?
New rules for Individual Retirement Accounts should induce you to see if 2010 is the year to convert any traditional IRA into a Roth IRA. It depends on when you'd rather pay the taxes.