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Regulators seize two large corporate credit unions SAN FRANCISCO (MarketWatch) -- The National Credit Union Administration Board said Friday it has placed two large corporate credit unions into conservatorship 'to stabilize the corporate credit union system and resolve balance sheet issues.' The NCUA said Lenexa, Kan.-based U.S. Central Federal Credit Union and San Dimas, Calif.-based Western Corporate were placed into conservatorship 'to protect retail credit union deposits and the interest of the National Credit Union Share Insurance Fund.' U.S. Central has roughly $34 billion in assets and WesCorp has $23 billion in assets, the NCUA said. Corporate credit unions are chartered to act as a sort of clearinghouse for credit unions serving consumers. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. Market WatchMarketing in Online Networks While virtual networks may not reach the massive numbers that advertising or national publicity does, it’s very effective in reaching highly qualified prospective customers, establishing perceived Competence with them, and reinforcing your brand. Online networks are also a powerful tool for market research, and can even help you get national publicity down the road. AboutGeetanjali Krishna: Tree-huggers of the desert It was about noon and we were roughly 30 kilometres from Jodhpur. The wind was blowing, and so was the sand. Instead of driving faster to reach our destination before a full-fledged sand storm developed, our driver slowed down. I waited for a bit, and then asked him to speed up. I cant, he said, gesturing towards what I thought was a herd of goats, I dont want to hit any deer here! I realised to my surprise, that the goats were actually black bucks, grazing peacefully. Are we in a reserved forest or a national park? I asked. Neither, replied the driver, were in Bishnoi land. And the animals know theyre safe with the protectors of the flora and fauna of the desert. Business StandardNOAA Poised for Larger Policymaking Role Under First Female Chief - Washington Post: Science Jane Lubchenco, the newly confirmed head of the National Oceanic and Atmospheric Administration, decided to dedicate her life to the sea 40 years ago when she became fascinated with a tiny species of mud-burrowing clam. NewsRackU.S. Preview: Existing Home Sales` Decline to Slow (CEP News) - The National Association of Realtors' existing home sales report is expected to show declines in U.S. home sales abating slightly in February. simplyhired.comAmerican Chemical convention opens Sunday Salt Lake City will resound with talk of chemistry and nanotechnology starting Sunday when 11,000 scientists are expected to congregate here for the 237th National Meeting & Exhibition of the American Chemical Society. The Salt Lake TribuneThe Gun Fight Continues On February 24, 2009, I did a post about the court challenge to a last-minute rule signed by president bush allowing visitors to national parks and wildlife refuges to carry concealed weapons. According to the Washington Post, a district court judge has issued a preliminary injunction, putting the rule on hold. Interestingly, the judge’s decision was [...] Employment Law PostLawmakers Call for U.S. Spectrum Inventory Senators John Kerry and Olympia Snowe are pushing legislation for a comprehensive inventory of the government's spectrum holdings in order assess the future best use of U.S. airwaves. The Radio Spectrum Inventory Act would require the FCC and the NTIA to provide data on the licenses or government user operating in every band between 300 MHz and 3.5 GHz, the total spectrum allocation of each licensee or government user, the number and types of radiators that have been deployed in each band and contour maps illustrating signal coverage and strength. - With the FCC (Federal Communications Commission)mandated by the recently approved stimulus legislation to draft anational broadband policy and broadband mapping efforts alreadyunderway, there is little doubt radio spectrum will play a criticalrole in future federal policy.But,just as the... eWeekDNC raises only $3.2 million in February The Democratic National Committee raised $3.2 million in February, a strikingly low take for a financial juggernaut led by President Barack Obama and his legions of grass-roots supporters who helped him shatter campaign fundraising records. Even the committee'... SF GateNational Bank Financial Group Adjusts its Mortgage Rates MONTREAL, QUEBEC--(Marketwire - March 20, 2009) - National Bank Financial Group (TSX:NA) has adjusted its rates for residential mortgages. The new rates are effective as of March 23, 2009. Big News Network1 2 3 |
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