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Chairman of state banking committee settles suit with FDIC

Chairman of state banking committee settles suit with FDIC

2016-11-16 18:10:10, ajc.com

The chairman of the state House committee on banking and his former partners have agreed to pay the FDIC nearly $1 million to settle a lawsuit over their failed South Georgia Bank. Rep. Greg Morris, R-Vidalia, was among the directors of Montgomery Bank & Trust in Ailey. The bank was the victim of fraud by a former investment advisor, as well as the collapse of the housing market in 2008.

 

Finance

Chairman of state banking committee settles suit with FDIC

Chairman of state banking committee settles suit with FDIC

2016-11-16 18:10:10, ajc.com

The chairman of the state House committee on banking and his former partners have agreed to pay the FDIC nearly $1 million to settle a lawsuit over their failed South Georgia Bank. Rep. Greg Morris, R-Vidalia, was among the directors of Montgomery Bank & Trust in Ailey. The bank was the victim of fraud by a former investment advisor, as well as the collapse of the housing market in 2008.

 

Investments

Antarctic budget investment

Antarctic budget investment

2016-05-04 12:30:40, antarctica.gov.au

Antarctic budget investment A new era of Antarctic engagement sees the Government investing new funding of $2.167 billion to deliver key priorities under the Australian Antarctic Strategy and 20 Year Action Plan. This includes ongoing additional funding of $200 million over 10 years from 2016-17, which provides long-term certainty for the Australian Antarctic programme. With this additional funding and the signing of a contract for a state-of-the art icebreaker, the

 

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