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Daily Archives: November 23, 2010

Little banks may be FDIC's big targets

By Ted Carter The FDIC has let it be known it’s conducting 50 criminal investigations of former executives, directors and employees at U.S. banks that have failed since the start of the financial crisis. Penny Crosman, a writer for Banks Systems & Technology, says indications are it’s the little guys the feds are after. Most of the 300 banks that ...

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FDIC: Many small banks at risk

Even as the nation’s biggest banks have rapidly recovered, hundreds of small lenders remain at risk, according to the government’s latest report card on the financial industry, the New York Times reports. The Federal Deposit Insurance Commission said Tuesday that its list of so-called “problem banks” – those with the highest risk of failing – had grown to 860 from ...

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Bulky clothes target of TSA pat-downs

LOS ANGELES — It was no crime of fashion, but Wendy Gigliotti’s bulky sweater and ankle-length skirt made her a target of airport screeners. A female Transportation Security Administration officer at Sacramento International Airport told her, “We can’t tell if there’s something under your skirt.” She was then frisked in a way she said felt more intrusive than a physical ...

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Hattiesburg mulls shorter bar hours

Proposal comes after USM football players shootings HATTIESBURG — City leaders in Hattiesburg are considering whether to make bars and nightclubs close two hours earlier for six nights a week. The city currently allows bars and clubs to stay open until 2 a.m. Monday through Saturday, and midnight Sunday. The proposal would set closing by midnight every night. The possible ...

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Harrah's corporate changes name

LAS VEGAS — Harrah’s Entertainment Inc., the world’s largest casino company, has changed its name to Caesars Entertainment Corp. Harrah’s will continue to be one of the company’s brands, along with Caesars, Horseshoe, Total Rewards, and World Series of Poker. Chairman and president Gary Loveman said Tuesday the new name can open new opportunities for the company in the future. ...

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UM pharmacy school creates residencies

OXFORD — In response to the growing number of pharmacy graduates seeking opportunities to further develop their practice skills, the University of Mississippi School of Pharmacy has created a Community Pharmacy Residency Program. The residency is a one-year training program focused on advancing skills in providing direct patient care, patient care service development and practice management. The first resident was ...

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Phone pic saved Gulf from weeks of oil gushing

WASHINGTON — A single picture from a cell phone camera may have saved the Gulf of Mexico from a few more weeks – if not months – of oil gushing from the BP well. A new study from the presidential oil spill commission describes the behind-the-scenes, excruciating tension and mistakes behind the three-month effort to cap the busted well. More ...

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Salazar's Gulf visit doesn't satisfy oil drillers

HOUMA, La. — Oil and natural gas industry leaders and Louisiana elected officials expressed frustration Monday that a meeting with Interior Secretary Ken Salazar didn’t lead to more progress on easing restrictions on offshore drilling. Salazar traveled to Louisiana on Monday to meet with offshore oil and natural gas drillers who’ve cried foul over new rules put in place by ...

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Intechra acquired by NY electronics co.

Source: Business Wire MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE: ARW) announced that it has signed a definitive agreement to acquire Jackson, Mississippi-based Intechra, a leading information technology asset disposition (“ITAD”) company. Intechra offers comprehensive, proven, end-to-end IT asset disposition services. The company’s services include legislative compliance, data security and destruction, risk management, redeployment, remarketing, lease return, logistics management, and ...

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Jackson Co. can save $80K on annual phone bill

PASCAGOIULA — Jackson County supervisors have learned the basic ways to save $80,000 a year on the county phone bill. The Sun Herald reports RMH Telecom Consultants’ Robert Hardy told the board Monday that by taking advantage of a state contract with the company that provides telephone service to the county, Jackson County could realize $69,000 a year in savings. ...

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