21.   Merrill Lynch is a passive investor in Bloomberg LP, the parent company Bloomberg Business News.

22.   NationsBank, these analysts say, would probably not want to be a passive investor in HomeSide because the company is a major competitor to its NationsBanc Mortgage unit.

23.   Picking stocks may not replace fixing teeth as his profession, but Bruce Bieber, a dentist in Queens, N.Y., is no passive investor.

24.   Presumably the government would be a passive investor, buying stocks the way index mutual funds do.

25.   Rumsfeld was a passive investor and did not take a board seat at the start-up, former employees said.

26.   The company is a passive investor in Bloomberg L.P., the parent company of Bloomberg Business News.

27.   The Clintons have said they were passive investors in Whitewater.

28.   The Clintons have described themselves as passive investors and denied any impropriety.

29.   The company is a passive investor in Bloomberg LP, the parent company of Bloomberg Business News.

30.   The Clinton claim to innocence in Whitewater is that they were passive investors, just as if they merely held a share of IBM.