by Amy McCullough Published: November 30,2011
Tags: agriculture, banking and finance, construction, disaster, disaster recovery, education, energy, environment, federal government, Gov. Biller Waller, Gov. Haley Barbour, Gov. William Winter, healthcare, higher education, manufacturing, Medgar Evars, Mississippi State Sovereignty Commission, oil and gas, real estate, recession, Rickey Cole, state government
JACKSON — Former Mississippi Gov. William Waller Sr., 85, died Wednesday. On Tuesday Waller was admitted to St. Dominic Hospital in Jackson, his law office confirmed. Waller served as governor from 1972-76 — a time when Mississippi governors were limited to one term. He ran unsuccessfully for the state’s highest office in 1967, but went [...] [...]
PASCAGOULA — The Federal Deposit Insurance Corp. has approved a Southeast Mississippi bank’s move into Alabama. Merchants & Marine Bank of Pascagoula has bought Heritage First Bank branches in Gulf Shores and Crossville from Heritage First Bancshares Inc. of Rome, Ga. Royce Cumbest, M&M’s chairman, president and CEO, says the acquisitions add assets of about [...] [...]
by MBJ Staff Published: November 17,2011
Tags: Amazon, amazon.com, american idol, Anthony Topazi, aol, aol mail, aol.com, aquarius, Associated Press, auto trader, banking and finance, Ben Stone, Best Buy, bikini, bing, Bloomberg, Boyce Adams, Brandon Presley, break ground, Brent Bailey, Businessweek, Cars, charlie sheen, Clarion Ledger, CNN, comcast.net, construction, Costco, courts, craigs list, craigslist, dailymotion, dictionary, diet, disaster, disaster recovery, dogpile, drudge report, EBay, ebay motors, ebay.com, economic development, economy, Ed Day, egotistic, employment, energy, environment, espn, expedia, Facebook, facebook login, facebook.com, federal agency, federal government, firefox, fox news, gaming, gmail, gmail.com, Google, Google Earth, google maps, google search, google.com, higher education, home depot, hospitality, hot, hotels, hotmail, hotmail sign in, hotmail.com, hulu, imdb, infospacegames.com, investing, jobs, justin bieber, Kemper County Coal plant, Kemper County IGCC Project, Keywords, kohl’s, Lady Gaga, lawsuit, Leonard Bentz, lowes, Lynn Posey, manufacturing, map quest, mapquest, maps, medication, mergers and acquisitions, Mississippi, Mississippi Business Journal, Mississippi Power Company, Mississippi Supreme Court, msn, msnbc, municipal government, netflix, NEWS, offshore drilling, oil spill, Olympic, paypal, PSC, Public Service Commission, RAND, real estate, recession, Reuters, search engines, sears, Sondra McLemore, Southwest Airlines, square feet, state agency, state government, target, tourism, transportation, U.S. Supreme Court, unemployment, USPS, utilities, Verizon Wireless, Walmart, Weather, weather channel, weather.com, weight loss, white pages, Wikipedia, www.facebook.com, www.google.com, www.yahoo.com, yahoo, yahoo mail, yahoo.com, you tube, YouTube, youtube videos, youtube.com
It was only a matter of time before Mississippi Power Company started raising the rates on its customers to pay for the $2.88 billion Kemper County coal plant. So, last week MPC filed documents with state regulators — the Public Service Commission — for a requested rate increase of 11.35 percent. The Commission has the [...] [...]
by Associated Press Published: November 10,2011
Tags: banking and finance, Banks, brokers, courts, financial institutions, home loans, homes, houses, loans, mortgage fraud, mortgages, real erstate, residences, sentencing, trial
JACKSON — Former mortgage brokers Jason Ellis and Michael Persac will forfeit more than $3 million and pay more than $781,000 in restitution for their part in a mortgage fraud scheme. Ellis and Persac, out on bond since they were charged in 2005 in a mortgage fraud case, also are going to prison after their [...] [...]
by Associated Press Published: November 10,2011
Tags: appeal, auctioneers, auctioning, auctions, bad checks, banking and finance, Banks, checks, courts, financial institutions, trial
JACKSON — The state Court of Appeals has ordered a new trial for former auctioneer Jim Durham. Durham had been sentenced to nine years on four felony counts of writing bad checks. Durham was convicted in Forrest County in 2010. Prosecutors say Durham, former vice president of Durham Auctions, passed bad checks of more than [...] [...]
by MBJ Staff Published: November 4,2011
Tags: Anthony Topazi, Associated Press, banking and finance, Ben Stone, Bloomberg, Brandon Presley, Brent Bailey, Businessweek, Clarion Ledger, construction, courts, disaster, disaster recovery, economic development, economy, Ed Day, employment, energy, environment, federal agency, federal government, gaming, higher education, hospitality, investing, jobs, Kemper County Coal plant, Kemper County IGCC Project, Lady Gaga, lawsuit, Leonard Bentz, Lynn Posey, manufacturing, mergers and acquisitions, Mississippi, Mississippi Business Journal, Mississippi Power Company, Mississippi Supreme Court, municipal government, offshore drilling, oil spill, PSC, Public Service Commission, real estate, recession, Reuters, Sondra McLemore, state agency, state government, tourism, transportation, U.S. Supreme Court, unemployment, utilities
The Mississippi Supreme Court will hear arguments from the Sierra Club challenging the state Public Service Commission’s approval of the project in Kemper County by Mississippi Power Co. Mississippi Power has started construction of the $2.4 billion coal plant. Oral arguments are scheduled for Dec. 14. The suit was filed and heard in Harrison County [...] [...]
by MBJ Staff Published: November 3,2011
Tags: abortion, banking and finance, birth control, courts, economic development, economy, education, environment, federal government, Fertility, Haly Barbour, healthcare, higher education, Initiative 26, intrauterine devices, jobs, manufacturing, Mississippi Business Journal, municipal government, Personhood, Phil Bryant, pre-embryonic personhood, recession, republican, retail, Roe V. Wade, state agency, state government, unemployment
Gov. Haley Barbour’s comments last week that he has concerns over ballot Initiative 26 that seeks to define a “person” in state law should be all we need to hear as we go to the polls this week. There is no question where Barbour stands on abortion as a conservative Republican who was on the [...] [...]
KOSCIUSCKO — First M&F Corp., the parent of Kosciusko-based M&F Bank, will close five branches and reduce staff. Chairman/CEO Hugh Potts Jr. tells The Clarion-Ledger that the bank’s intent is to now focus on a few locations to achieve higher levels of performance and efficiency. M&F Bank will close a branch in in Ridgeland and [...] [...]
STARKVILLE — Community Bancorp will merge its banking subsidiaries, Superior Bank, N.A. and Cadence Bank, N.A., into one strong regional bank on Nov. 11 to form the new Cadence Bank, N.A. At the same time, Community Bancorp, LLC, will now be known as Cadence Bancorp, LLC. With nearly $4.1 billion in assets, the new bank [...] [...]
by Associated Press Published: October 31,2011
Tags: attorneys, banking and finance, Banks, courts, financial institutions, home loans, homeowners, homes, houses, judges, lawyers, loan fraud, mortgage, real estate, Realtors, residences, scam, scheme, sentencing
GREENWOOD — Former Greenwood attorney and judge Bobby Fisher will be sentenced tomorrow for his role in a mortgage scam. The Greenwood Commonwealth reports Fisher is to appear before U.S. District Judge Henry T. Wingate in Jackson. In January 2006, Fisher and former real estate agent Jim Pruett pleaded guilty to a scheme of falsifying [...] [...]
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