When the market is crashing and CEOs, accountants, brokers, analysts and many other business leaders are being shown to be corrupt, it is refreshing to see CEOs and businesses that are ethical and doing well.

I noted the article "Ethics don't always pay, but lack of them always hurts" on July 5 of USA TODAY, which listed the 20 top performing companies and their CEOS. The top ten performers are listed below. Perhaps we can learn a little more. If any of you know why any of these companies are doing so well, let me know and we'll share this with everyone! Future messages could look at these firms and why they have succeeded in such difficult times.

If you don't know anything, ask around and share with us what you learn.

Here are the companies and how their shares have performed since the S&P peaked and fallen 38%.

	Company                      CEO                             Share Rise

	AmerisourceBergen          R David Yost                        364%

	Lockheed Martin            Vance Coffman                       238%

	Pepsi Bottling             John Cahill                         210%

	Apollo Group               Todd Nelson                         206%

	United Health Group        Willaim McQuire                     202%

	Reebok                     Martin Coles                        202%

	St Jude Medical            Terry Shepperd                      174%

	SLM                        Albert Lord                         170%

	AutoZone                   Steve Odland                        165%

	International Game Tech    G Thomas Baker                      159%

Until next message, good global investing.

Gary

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