Archive | December, 2010

Stay tuned for bank earnings season

December 30, 2010

0 Comments

By Ted Carter Take a deep breath. Now exhale and hope for the best as the earnings season for Mississippi banks is on the horizon. You’ll know soon enough whether to break out the champagne and party favors you put away your New Year’s celebration. Tupelo-based BancorpSouth is to report its fourth quarter earnings after […]

Continue reading...

Chief adviser for new finance bureau wants to get tough on faulty foreclosures

December 30, 2010

0 Comments

By Ted Carter A strong and functioning consumer financial protection bureau as envisioned by the Dodd-Frank banking reform law could have prevented the current mortgage foreclosure fiasco, says Elizabeth Warren, a Harvard University law school professor appointed by President Obama to oversee development of the new Consumer Financial Protection Bureau. Writing in a Miami Herald […]

Continue reading...

Required scores for Miss. teacher’s license some of lowest in US

December 28, 2010

0 Comments

For the Praxis I in math and the portion of the Praxis II which deals with the principles of learning and teaching, Mississippi has the lowest score requirements in the country among the 40 states which use the Praxis to screen teachers applying for licenses. For the Praxis I for reading, Mississippi ties with Nebraska […]

Continue reading...

New security threat: Banks as information gatekeepers

December 27, 2010

1 Comment

By Ted Carter How far does the right to refuse service go? The New York Times posed this question in an editorial Sunday after Bank of America joined Visa, MasterCard and PayPal in refusing to accept payments designated as contributions to America’s newest villain – Wikileaks. Wikileaks has been busy leaking tens of thousands of […]

Continue reading...

Poll of Mississippians finds business optimism, concern for education

December 21, 2010

0 Comments

By Ted Carter Is that a light at the end of the economic tunnel we’re seeing? Could be, according to the triennial Mississippi Economic Council-Godwin Group Economic State of the State survey. The survey, performed on behalf of the State Chamber of Commerce and the Mississippi Economic Council, polled 300 voting age residents and 300 […]

Continue reading...

Holidays and Holy Days

December 21, 2010

1 Comment

By Stephen McDill While attending a recent press conference at the Mississippi State Capitol, an MBJ reporter and accompanying photographer noticed something very subtle. Just steps away from the first floor security desk sat a small, plain Nativity. For the religiously uninitiated, the Nativity is your standard Christmas lawn decoration consisting of Mary and Joseph […]

Continue reading...

Ms. gains 122,639 residents, holds House seats

December 21, 2010

0 Comments

Mississippi protected its political strength in the U.S. House of Representatives with a 2010 U.S. Census count that neither gives noir takes a congressional seat, The Associated Press says. Nationally, Republican-leaning states will gain a half dozen House seats thanks to the new census, which found the nation’s population shifting to the South and West. […]

Continue reading...

Katrina’s silver lining: New Orleans school choice revolution

December 20, 2010

1 Comment

By Amy McCullough Watch the movie: http://www.youtube.com/watch?v=P12pgeV8ZQM&feature=youtube_gdata Before hurricane Katrina ravaged the city in 2005, New Orleans had one of the worst performing public school districts in the nation. Katrina forced nearly a million people to leave their homes and caused almost $100 billion in damages. To an already failing public school system, the storm […]

Continue reading...

Hancock Makes Repeat on Forbes’ ‘Most Trustworthy’ Companies List

December 16, 2010

0 Comments

By Ted Carter Coming off a third quarter that saw triple-digit income growth over the previous quarter, Gulfport-based Hancock Bank has a new reason to cheer: a listing on Audit Integrity’s “Most Trustworthy Companies” published this week in Forbes Magazine. The $8.2 billion regional bank, which reported third-quarter income of $14.9 million and earnings per […]

Continue reading...

FINRA: More than half of Mississippians Live on Financial Edge

December 14, 2010

0 Comments

Nearly six in 10 Mississippians live paycheck to paycheck. Further, Mississippi residents on average are less financially literate than residents of other states, and fourth-most likely to use high-cost, non-bank borrowing such as payday loans. So says an extensive survey released Tuesday by the Financial Industry Regulatory Authority, or FINRA. The findings are part of […]

Continue reading...