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Daily Archives: February 5, 2013

Feds, states join Miss. in suing S&P over suspect mortgage bond ratings

Mississippi Attorney General Jim Hood now has ample company in a fight to force Standard and Poor’s to give up hundreds of millions it made in profits in exchange for suspect ratings of mortgage bonds before the financial crisis of 2008. In essence, enforcement actions filed Tuesday by the states and U.S. Justice Department accuse S&P of a rate- for-pay ...

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UM law school to offer first-in-nation LL.M in Air & Space law

The University of Mississippi School of Law will launch the nation’s first LL.M. in Air and Space Law in the fall, with the degree program being available both on campus and online and as a full-time or part-time program. Once it receives the necessary approvals, including the American Bar Association acquiescence – expected this month – the Oxford-based law school ...

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With fewer guns to buy, Mississippi sees big drop in background checks

Gun sales slowed in Mississippi in January based on federal background checks, though sellers say the decline is more a symptom of short supplies of firearms rather than waning demand. The Associated Press reported Tuesday that Mississippi, Louisiana and Alabama saw the largest declines in background checks from December to January, by about one-third. Nationwide, firearms background checks dropped by ...

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Sales flat, net income down at TVA during first quarter

NORTH MISSISSIPPI — The Tennessee Valley Authority reported electricity sales were relatively flat in the first quarter of fiscal year 2013, total revenues were consistent with the prior year and net income was down. Higher off-system sales as a result of excess generation and closer to normal temperatures for the period, compared with even warmer weather a year ago, contributed to a slight 0.2 ...

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Court rules judge to stay in murder-for-hire case

GREENWOOD — The Mississippi Supreme Court denied petitions filed by Dr. Arnold Smith’s defense team to remove Circuit Judge Breland Hilburn from the criminal case set to go to trial in April. The Supreme Court issued an order this past week. The 70-year-old Smith is charged with murder as the alleged instigator of a plot that ended with the death ...

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Federal law-nullification bill killed by committee chair

JACKSON — Mississippi, a state that defied federal authority during the Civil War and the civil rights movement, won’t revive its efforts to nullify federal laws — at least not this year. Republican Scott DeLano, of Biloxi, chairman of the state House Constitution Committee, has killed a bill that sought to neutralize federal laws that displease leaders of the conservative ...

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Tribe decides against buying bankrupt casinos

VICKSBURG — An Oklahoma Indian tribe is no longer planning to spend $125 million to buy the bankrupt DiamondJacks casinos in Bossier City, La., and Vicksburg from Legends Gaming. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wrote in court papers filed Jan. 25 that the DiamondJacks operations had run further downhill since owner Legends Gaming filed ...

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Legislature losses another member with Gardner's death

BATESVILLE — Mississippi state Rep. Joe Gardner of Batesville, known for his quiet demeanor and carefully considering all sides of complex issues, died Monday. He was 68. Gardner died of “an apparent heart attack,” said Madison Drake, spokeswoman for Tri-Lakes Medical Center in Batesville. The Democrat served in the 122-member House since 2007 and had been chairman the House Ethics ...

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Commission to discuss finding new agency director

BILOXI — The Mississippi Commission on Marine Resources is scheduled to meet Thursday to discuss the search for a new agency director. The commission fired Bill Walker Jan. 15 as executive director of the Department of Marine Resources. Walker, who was appointed head of the MDMR in 2002 by Gov. Ronnie Musgrove, has come under fire in recent months — ...

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Supervisors approve separate billing for ambulance service

GULFPORT — Harrison County supervisors have voted to allow American Medical Response to send a separate bill to patients when city and county fire departments respond to emergency medical calls. However, a representative from AMR says while Gulfport expressed an interest in this, none of the cities have told AMR that they want to start billing for these services. The ...

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