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Fulton County, Pa., man indicted on 21 counts of fraud and making false statements
A Fulton County, Pa., man has been indicted on 21 counts of fraud and making false statements to authorities, according to the U.S. Attorney’s Office. Robert G. Bard of Warfordsburg, Pa., was indicted July 18 by a federal grand jury and charged...Tags: FBI, U.S. Securities and Exchange Commission, Prosecution, Court Preliminary, Punishment
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Mountain State University might sell mall to stay afloat
The Charleston (W.Va.) GazetteMountain State University is planning to sell the 555,000-square-foot mall it owns in Martinsburg and to get rid of buildings at its Beckley campus to stay financially afloat in the upcoming months, the school’s interim president said during a court...Tags: Corporate Crime, Finance, Judges, Breach of Contract, Loans
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Business People - July 29
Dot Foods WILLIAMSPORT — Three local employees of Dot Foods placed in the seventh annual forklift rodeo, a national competition held June 21 in Mount Sterling, Ill. • Rob Cuddy, a 2009 champion, placed fifth in the forklift competition....
Tags: Retirement Planning Services, Real Estate Sellers, Real Estate, Sports, Homes
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Letter to the Editor - Aug. 7
Glass-Steagall wouldn’t have saved us from banking crisis To the editor: Allan Powell highlights one of economist Paul Krugman’s assertions that many of our current financial woes were caused by the repeal of the Glass-Steagall Act....Tags: Bank of America Corp., Freddie Mac, Investment Service, Finance, Federal Reserve
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Pennsylvania briefs
PennDOT announces road projects this week CHAMBERSBURG, Pa. — The Franklin County office of the Pennsylvania Department of Transportation announces the following work schedule through Friday: - Pipe replacement on Harbaugh Church Road in...Tags: Conservation, Franklin County (Pennsylvania), Environmental Issues, Music, Festive Events
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Allan Powell: Nobel Prize winning economist defends crisis views
For some time, I have been an admirer of Paul Krugman. Reading his latest book, “End This Depression Now!” was a real joy because he writes as though he is talking directly to each reader. His command of his subject is masterful and if one...Tags: Republican Party, Nobel Prize Awards, U.S. Senate, Elections, Finance
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Business People - July 8
Jack Gaughen Realtor ERA WAYNESBORO, Pa. — Jack Gaughen Realtor ERA’s Waynesboro office recognized Paul Gunder, Matt Gunder and Casey Frost for excellent performance in April based on new listings, sales and referrals. Paul Gunder has...
Tags: Montgomery County (Maryland), Real Estate, Bank of America Corp., Finance, College of William and Mary
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Allan Powell: Classical economics hits a 'bump'
The recent disclosure of JP Morgan Chase’s losses of more than $2 billion in a few weeks generated two types of alarm. One was that we were too lax in our regulatory measures that restrain risky investment bank speculation. Others were alarmed about...Tags: Investment Service, Investments, Christopher Dodd, Business Enterprises, Jamie Dimon
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Business People - June 17
F&M Trust CHAMBERSBURG, Pa. — Levi L. Crouse has joined F&M Trust as human resources officer. Crouse has several years of experience in human resources, having worked in the bank’s human resources department as a college intern and human...
Tags: Conservation, Real Estate, Small Businesses, Franklin County (Pennsylvania), Parkinson's Disease
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Tom Firey: Did deregulation cause the recession?
In the summer of 2007, house prices in the United States began falling, ending a 15-year-long climb. Prices fell 5 percent by the end of the year and 15 percent by the summer of 2010. That decline continues today; this spring, house prices fell to 20...Tags: Economy, Business and Finance, Financial Markets, Investment Service, Finance, Mortgages
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Moody's cuts credit ratings of 15 major banks
Moody’s Investors Service lowered the credit ratings of 15 the world’s largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking....
Tags: Financial Markets, Bank of America Corp., Ratings, Finance, Goldman Sachs Group, Inc.
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Independent takes on incumbent in Pa. 9th Congressional District race
roxann.miller@herald-mail.comMercersburg resident Karen Ramsburg said Friday that she plans to go toe-to-toe with Rep. Bill Shuster to restore Pennsylvania’s 9th Congressional District to its former glory. During a cold, blustery Friday, Ramsburg stood in front of the steps...Tags: Bill Shuster, Politics, Franklin County (Pennsylvania), Elections
Jul 23, 2012
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Jul 25, 2012
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Jul 29, 2012
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Aug 7, 2012
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Jun 29, 2012
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Jun 17, 2012
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Jun 21, 2012
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Jan 27, 2012
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Banking Photos
Bank of America's Fabiola "Fab" Brumley, and Sun Sentin...
(March 15, 2013)
FSU head coach Jimbo Fisher coaches during the ACC Cham...
(February 27, 2013)
The Paul Powell savings bank is shaped like a shoebox a...
(February 21, 2013)