September 6, 2010

Biofuel refinery\’s future uncertain

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If you haven\’t been by the idle biodiesel plant behind the National Guard Armory lately, you haven\’t missed much.

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TierOne loses $19 million federal grant over CEO\’s fraud allegations

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A Dallas-based telecommunications company has had a $19 million federal grant rescinded after government officials learned the company\’s chief executive had been accused of securities fraud.

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Sata warns against clinching deals through State House

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PF leader Michael Sata yesterday warned foreign investors against cracking deals through State House because President Rupiah Banda will not be in office forever.

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SEC complaint against Peppel to be dismissed, defense says

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Lawyers for Michael E. Peppel, the former chief executive of MCSi Inc. charged with wrongdoing in the company\’s 2003 collapse, expect that the U.S. Securities and Exchange Commission will dismiss its civil complaint against Peppel now that he has pleaded guilty to criminal charges.

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Binnie\’s whopper: When caught, he lies more

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Say this for Bill Binnie. When he gets caught in a lie, he doesn\’t shy from it. He turns it into an even bigger whopper.

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Apple Valley Ponzi schemer is behind bars — but millions still…

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Trevor Cook promised hundreds of investors he\’d handle their money responsibly. He didn\’t - and federal authorities are now tracking what remains of the $190 million the Apple Valley money manager once controlled.

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Crumbling facade - Evidence against Daren Palmer is mounting

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Twenty months after Daren Palmer was interviewed by state investigators, no charges have been filed in what has been called one of Idaho\’s largest Ponzi schemes, and which allegedly defrauded investors of about $68 million.

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Judges sound off on leniency in bank settlements

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Security National Bank opened it\’s doors for business in September 1964. Over time, it has grown to 14 locations in the Greater Omaha metropolitan area.

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SEC ends \’netting\’ to tighten margin trading

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The stockmarket regulator will no longer let investors buy non-marginable securities using \’money netting\’ after Eid.

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Another PSE President Bites the Dust???

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It took the Philippine Stock Exchange over half a year to find a new president, or at least one to replace Atty.

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