Regulators shut seven banks in five states in 2010 wave
Seven banks failed across Alabama Georgia Minnesota Utah North Carolina Wisconsin Ohio bringing 2010’s total to 37. Advanta Bank of Draper Utah collapsed with 1.6 billion in assets while First Lowndes Bank in Fort Deposit Alabama and Appalachian Community Bank in Ellijay Georgia were taken over by regulators.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Deposit Insurance Corp
First Lowndes Bank
Fort Deposit
Ala
Appalachian Community Bank
Ellijay
Bank of Hiawassee
Hiawassee
Century Security Bank
Duluth
Advanta Bank
Federal Deposit Insurance Fund
First Citizens Bank of
Luverne
First Lowndes
FDIC
Community & Southern Bank of
Carrollton
Citizens South Bank of Gastonia
N.C
Bank of Upson
Thomaston
Northern State Bank
Ashland
Wisc
State Bank of
Aurora
National Bank and Trust Co
Wilmington
Ohio
American National Bank
Roswell Regional Hospital Hosts crowd for Business After Hours
Roswell Regional Hospital in New Mexico hosted a packed Business After Hours event in its lobby. CEO Rod Schumacher praised local ownership and quick decision making to improve patient care. Marianne Morones led the hospital kitchen staff with a salsa themed door prize. Corrie Faubus-McCarty of the Roswell Chamber of Commerce called the event wonderful and beneficial for community ties.
MENTIONED IN THIS ARTICLE
Roswell Regional Hospital
Rod Schumacher
Roswell Regional
Schumacher
Hospital Food Service
Marianne Morones
Food Services Department
Morones
Corrie Faubus-McCarty
Roswell
United States
Albuquerque
Santa Fe
DuPont CEO Ellen Kullman’s compensation doubles to 8.3 million
An AP analysis shows DuPont chief Ellen Kullman earned 8.3 million last year, including a 1.1 million salary and 1.5 million in performance bonuses. Stock awards and options added nearly 5.4 million, while retirement matches and aircraft use raised her other compensation to about 341 thousand.
MENTIONED IN THIS ARTICLE
DOVER
Del
DuPont Co
Ellen Kullman
Associated Press
Kullman
Chemical Company
DuPont
China
Empha
Securities and Exchange Commission
Wilmington
Charles O. Holliday Jr
Holliday
PSM Holdings reports 21 percent revenue rise in Q4
PSM Holdings Inc through its subsidiary PrimeSource Mortgage posted a 21 percent revenue increase for the quarter ending December 31 versus last year, driven by 11 new branches signed in 2009. HUD recertified PSMI allowing government loan offerings as Jeffrey Smith highlights growth in a troubled market.
MENTIONED IN THIS ARTICLE
PSM
PSM Holdings Inc
United States
PrimeSource Mortgage Inc
Jeffrey Smith
PSMI
U.S. Department of Housing and Urban Development
Lehman whistleblower warned of possible illegal accounting tricks
Former Lehman Brothers executive Matthew Lee warned management in May 2008 that the bank used accounting gimmicks that possibly violated laws. An examiner later cited Repo 105 as masking debt, while Lee said the discrepancies underreported debt by about 5 billion dollars monthly.
MENTIONED IN THIS ARTICLE
New York
Lehman Brothers
Matthew Lee
Lehman
Erwin Shustak
Shustak
Associated Press
Repo 105
Lee
Also Mentioned on This Page
Senate
Sen. Banking Committee
Christopher Dodd
Dconn
Mike Bush
Crimestoppers
Smith
Crites
John Crites
Farmers Insurance
The
University of Farmers
Agoura Hills
Calif
Robert Woodstra
John
Annette Thompson
Farmers
Farmers.com
Lehman __— Brothers Holdings Inc
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