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Veteran Banker Denis Weber Joins California Oaks State Bank

May 18, 2009 4:38 pm | by The Associated Press | News | Comments () —California Oaks State Bank (Cal Oaks) (OTCBB: COSB) announces that Denis Weber has recently joined the Bank as a Senior Vice President and Financial Sales Officer. Mr. Weber's impressive history spans 25 years of experience managing banks in Hollywood, Westwood, Santa...

NY trustee sues Connecticut fund in Madoff case

May 18, 2009 4:32 pm | by TOM HAYS - Associated Press Writer - Associated Press | News | Comments

NEW YORK (AP) — The trustee overseeing the liquidation of Bernard Madoff's assets has sued another of his major investors, this time demanding the Fairfield Greenwich Group give back $3.5 billion it earned from the disgraced financier.Like other investors sued by the trustee in recent weeks,...

Tenn. ash spill threatens fish population, 1st Ld-Writethru, TN

May 18, 2009 4:32 pm | by DUNCAN MANSFIELD - Associated Press Writer - Associated Press | News | Comments

KNOXVILLE, Tenn. (AP) — A massive coal ash spill is threatening aquatic life in Tennessee's Emory River and that dredging to clean up the disaster could make things worse, environmental experts said Monday .The North Carolina-based Appalachian Voices environmental group released a report estimating...


Lawmakers announce way to fund REAP, 1st Ld-Writethru, OK

May 18, 2009 4:27 pm | by RON JENKINS - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — House and Senate budget leaders have agreed to a plan to raise the late fees on vehicle license plate renewals as a way to fund rural infrastructure projects and other programs.The agreement came after Democratic rural lawmakers were critical Monday of a $7.2 billion budget...

Mayor's possible TV deal raises ethical questions, OR

May 18, 2009 4:22 pm | by The Associated Press | News | Comments

SALEM, Ore. (AP) — A Los Angeles-based production company plans to pitch a reality show about Silverton's transgender mayor to television networks, but there is concern about potential ethical implications.Mayor Stu Rasmussen stands to get a percentage of total production cost, estimated at $30,000...

Boston firm wins Yellowstone Club auction, 1st Ld-Writethru, MT

May 18, 2009 4:22 pm | by KAHRIN DEINES - Associated Press Writer - Associated Press | News | Comments

BUTTE, Mont. (AP) — Rival parties vying for control of the bankrupt and ultra-exclusive Yellowstone Club have reached a court-approved deal that gives a Boston-based investment firm control over the resort.CrossHarbor Capital Partners will pay $115 million for the resort located near Big Sky in...

FASB tightens off-balance-sheet loan rules, 2nd Ld-Writethru, US

May 18, 2009 4:16 pm | by MARCY GORDON - AP Business Writer - Associated Press | News | Comments

WASHINGTON (AP) — The board that sets U.S. accounting standards on Monday moved to end the use of a bookkeeping device that allowed banks to park hundreds of billions of dollars in loans off their balance sheets and that has been blamed for stoking financial companies' losses as the housing market...

Ashland benefit to raise money to find missing man, OR

May 18, 2009 4:16 pm | by The Associated Press | News | Comments

ASHLAND, Ore. (AP) — The brother of a man missing off the coast of Honduras is hosting a benefit concert in Ashland to raise money to continue the search.The U.S. government sent a Blackhawk helicopter and two search planes to find Joe Dunsavage after the 49-year-old New Jersey resident went...


Tuesday, May 26

May 18, 2009 4:11 pm | by The Associated Press | News | Comments

Today is Tuesday, May 26, the 146th day of 2009. There are 219 days left in the year.Highlights in history on this date:1834 - Sikhs capture Peshawar from British in India.1854 - France and Britain occupy Piraeus after declaring blockade of Greece for attempting to attack Turkey.1865 - Surrender of...

King Co. Council appoints interim executive, WA

May 18, 2009 4:06 pm | by The Associated Press | News | Comments

SEATTLE (AP) — The King County Council has appointed Kurt Triplett as interim county executive. He will serve until the November elections.Triplett, chief of staff under former Executive Ron Sims, had been serving in the county's top spot since Sims' departure. The council unanimously voted in...

Encore buys oil-producing land in Williston Basin, MT

May 18, 2009 4:00 pm | by The Associated Press | News | Comments

FORT WORTH, Texas (AP) — Encore Energy Partners LP says it will purchase natural gas-producing land in Texas, and oil- and gas-producing land in Montana and North Dakota for a total of $53.8 million.Encore plans to purchase natural gas-producing properties in the Vinegarone Field in Val Verde...

Pentagon says Iranian weapons still coming to Iraq, US

May 18, 2009 4:00 pm | by ANNE GEARAN - AP National Security Writer - Associated Press | News | Comments

WASHINGTON (AP) — The Pentagon says U.S. soldiers are still finding large numbers of Iranian-made weapons in Iraq, despite's Iran's denials.Pentagon spokesman Geoff Morrell says a large cache of Iranian explosives was found a week ago, and the top U.S. general in Iraq recently told reporters about...

Democrats outline budget for next 2 years, OR

May 18, 2009 3:55 pm | by RYAN KOST - Associated Press Writer - Associated Press | News | Comments

SALEM, Ore. (AP) — Lawmakers plan to raise $800 million in new taxes while cutting $2 billion in state services to balance a budget that has been sunk by the economic downturn.Those figures translate into shorter school years, bigger class sizes, severe cuts to state-subsidized day care and the...

Obama nominee opposed by many GOP state senators, IN

May 18, 2009 3:55 pm | by MIKE SMITH - AP Political Writer - Associated Press | News | Comments

INDIANAPOLIS (AP) — Thirty-one Republican state senators have asked U.S. Sens. Evan Bayh and Dick Lugar to oppose the nomination of an Indiana University law professor nominated by President Barack Obama for a senior position in the U.S. Department of Justice.In a letter May 15, the state senators...

Governor's pay cut urged, NV

May 18, 2009 3:44 pm | by The Associated Press | News | Comments

CARSON CITY, Nev. (AP) — Senate Majority Leader Steven Horsford, D-North Las Vegas, said Monday the governor should tell lawmakers he'll take the same pay cut that state workers face.Horsford noted that legislation cutting salaries for the governor and other constitutional officers won't take...


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