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FDIC tells Republic Bank to shore up tax-refund practices
The Federal Deposit Insurance Corp. made public Friday a cease and desist order against Republic Bank & Trust Co. related to the Louisville-based bank's lucrative tax refund-lending business.
Biz Journal

Assembly Health Committee Approves Bi-Partisan Cal-COBRA Premium Assistance Bill
SACRAMENTO a ' The Assembly Health Committee has approved bi-partisan legislation from Assemblymembers Dave Jones and Nathan Fletcher thata TMs necessary to help recently unemployed Californians keep their health insurance.
Topix.net

US government seizes Omni National Bank
Georgia-based Omni National Bank was seized and placed into receivership under the Federal Deposit Insurance Corp
FT

Expedia confirms more layoffs
Online travel giant Expedia Inc. says it cut a "handful" of positions yesterday in its customers operations group. (EXPE)
Biz Journal

Air Berlin agrees on cross-shareholding with TUIfly
FRANKFURT, March 27 (Reuters) - Air Berlin said ithad agreed to take a stake of up to 20 percent in TUI Travel's German airline TUIfly, and TUIfly will take up to 20percent in Air Berlin.
Reuters

Goldman CEO compensation drops 98% to $1.1 mln in 2008
SAN FRANCISCO (MarketWatch) -- Goldman Sachs Group paid Chief Executive Lloyd Blankfein $1.11 million in total compensation for 2008, down 98% from the year before, according to the investment bank's proxy statement, which was filed late Friday with the Securities and Exchange Commission. In 2007, Blankfein received $70.3 million in total compensation. The 2008 pay comprised a $600,000 salary, $277,828 in stock awards and $235,943 in other compensation, such as life insurance premiums, Goldman disclosed. Goldman didn't grant any stock to its top five executives for 2008, so Blankfein's $277,828 stock award reflects the firm's accounting of grants from previous years, the firm explained. 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 Watch

Atlanta`s Omni National Bank becomes 21st failure of 2009
SAN FRANCISCO (MarketWatch) -- Omni National Bank of Atlanta became the 21st bank to fail in 2009, after the Federal Deposit Insurance Corporation said regulators closed the bank. SunTrust Bank of Atlanta will operate the six former branches of Omni National until April 27. Omni had assets of $956 million and total deposits of $796.8 million as of March 9. The failure marks the 46th bank to fail since the recession began.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 Watch

Man tosses gas bomb in fight, sets own cars ablaze
BITHLO, Fla. ? Authorities said a man threw a Molotov cocktail at his neighbor's trailer, but the wind shifted and set fire to two cars, a pickup and a travel trailer in the man's own yard. The ...
bignewsnetwork.com

Omni National Bank fails
The Federal Deposit Insurance Corp. on Friday seized the assets and took over as receiver for an Atlanta bank that had one branch office in Houston.
Biz Journal

Home Insurance - Protecting Your Gadgets
Avid gamers and computer enthusiasts spend large amounts of money on the latest consoles and equipment for their stand-alone home computers. This equipment can be extremely valuable, and as such be more attractive to thieves, and with more and more stories of the theft of such equipment being heard, what can you do to protect your expensive gadgets from theft or accidental damage to televisions as well as consoles?
E-Zine

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