Ruggero John Aldisert

BlairCty Bond — Interest

SantaBarbara Bank & Trust Co — Interest

CANTELLA & CO (IRA) — Int/Div

Columbia Marsico 2 1stFund

Davis New York Venture

Pimco FDS Pac Invt Mgmt Serv — None — Sold

Van Kampen Equity & Income

Alliance Bernstein Balanced

Growth Fund America Inc

Pimco Commodity Real Retum — Int/Div — Buy

MUTUAL FUNDS

Gabelli Asset — Int/Div

Davis New York Venture — Int/Div

Columbia Acorn Fund Cl A — Int/Div

Growth Fund of America — Int/Div

American Funds Tax Exempt "F" — Interest

AMCAP Fund — Int/Div — Sold

Royce Total Return — Int/Div

First Eagle Overtseas Fund — Int/Div

Van Kamden High Yield Muni — Int/Div — Sold

Van Kamden Comstock Cl A — Int/Div — Sold

Franklin Mutual Recovery Fd — Int/Div

Alliance Bernstein Muni Income — Interest

Diamond Hill Long-Short Fund — Interest

Bear Stearns Temp Fund — Interest

Marsico 21st Century Columbia Funds Scr Tr — Int/Div — Sold

Pimco Funds Developing Local Mrkt Fd — Int/Div — Sold

Van Kamden Strategic Muni — Interest — Buy

Fundamental Invs Inc — Int/Div — Buy

Columbia FDS Ser Tr — Int/Div — Buy

Alliance-Bemstein Small/MD — Int/Div — Buy

Pimco FDS — Int/Div — Buy

Van Kamden Equity & Inome — Int/Div — Buy

COMMON STOCKS

Johnson & Johnson — Int/Div

Bank of New York Melllon Corp — Int/Div

Pfizer — Int/Div

General Electric — Int/Div

IShares FTSE/Xinhau China 25 Fund — Int/Div

Schlumberger LTD Antilles — Int/Div

Apple. Inc — None

INVESTMENT CLUB

Mission Impossible Partners — Int/Div

Berkshire Hathaway

Costco Wshl Corp. — None — Sold

Exxon Mobil Corp

Valero Energy Corp — None — Sold

Schlumberger Ltd

Apple,Inc

Nucor Corp.

Western Union — None — Sold

i TSE/xinhua China 2: — None — Sold

Aetna — None — Sold

Best Buy Co Inc — None — Sold

Boeing Co — None — Sold

Cameco Corp Canada — None — Sold

Cisco Sysems Inc — None — Sold

Citigoup — None — Sold

Genetech Inc — None — Sold

Pacific Capital Bancorp — Int/Div — Sold

Taubman Centers Inc — None — Sold

IShares MSCI Emerging Mkts — None — Sold

United Technologies — Int/Div — Buy

Bank of America — Int/Div — Buy

Chesapeake Energy Corp — Int/Div — Buy

MOREY VARKET FUNDS

UBS Financial Services — Interest

Bear Stearns Securites — Int/Div — Sold

FedFund Sekect Shares — Int/Div — from line 80)

Cantella & Co. Privileged Access Gold A ccount — with line 79)

Fidelity California Municipal Money Market — Int/Div — Open

LIFE INSURANCE POLICIES

Phoenix Whole Life — Int/Div

Transamerica Life Companies Whole Life — Int/Div

EmeritusTrustee, University of Pittsburgh

Board of Visitors, Law School, University of Pittsburgh

Income — 1/29 — Nat'l Insitute if Trial Advocacy (Publications Royalties) — $10917.11

Income — 2.720 — Nat'l Institute of Trial Advocacy (Pubklications Royalties) — $6,014.97

Income — 3.3/5 — AuthorHouse (Publictions Royalties) — $30.75

Income — 4.10/14 — AuthorHouse (Publications Roalties) — $6.90

Income — 5.122 — AuthorHouse (Publications Rotalties) — $18.40

Income — 3/5 — Thompson Reuters (Publications Royalties) — $1,388.92

Income — 8/19 — Yao Enterprises (Publications Royalties) — $21.74