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1933: D.A. identifies Kraft State Bank robbers

Property owners in the city of Menomonie will soon be paying a stormwater utility fee. Discussing the proposed utility Monday night, the Menomonie Plan Commission noted that the city is large enough that the state Department of Natural Resources (DNR) requires the city to issue stormwater discharge permits. The city has received a grant from the DNR to begin planning a stormwater utility... Tara Jeatran, daughter of Jack and Leslie Jeatran and a senior at Menomonie High School, selected January "Youth of the Month" by Menomonie Optimist Club... After playing even for the first 27 minutes, UW-Stout's women's basketball team went on a 17-4 run to take control and defeated UW-Platteville, 84 to 65, Saturday at Johnson Fieldhouse...Megan R. Ryan of Colfax, who is enrolled in the College of Liberal Arts, is among more than 3,800 undergraduate students at the University of Iowa named to the dean's list for the 2006 fall semester...


SLM Corporation (NYSE: SLM) Announces Dividends

RESTON, Va., Oct. 25 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM) , commonly known as Sallie Mae, today announced a 2008 first-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The dividend on the Preferred Stock Series A will be paid on Jan. 31, 2008 to shareholders of record at the close of business on Jan. 21, 2008.

In addition, the company announced a 2007 fourth-quarter dividend on its Preferred Stock Series B of $1.6041910 per share. The dividend on the Preferred Stock Series B will be paid on Dec. 17, 2007 to shareholders of record at the close of business on Dec. 7, 2007.

On Sept 30, 2007, SLM Corporation had 414 million shares of voting common stock, 3.3 million shares of Preferred Stock Series A and 4 million shares of Preferred Stock Series B outstanding.


Daimler Financial plans consolidation at Alliance

Daimler Financial Services Americas hopes for a smooth ride as it moves from several locations throughout the nation to one central location in AllainceTexas.

The company plans to move 750 people to a new three-story, 160,000-square-foot office building. The company is combining operations from its Mercedes-Benz Financial business with the Daimler Truck Financial business. Daimler has a total loan portfolio of $31 billion.

We had to make a decision how do we create and how do we position ourselves for the future related to our operations, said Klaus Entenmann, president and CEO of Daimler Financial, of the split of Daimler-Chrysler Financial Services in 2007. We made a decision to concentrate all the operations including customer service, collections, including dealer credit to concentrate all these operational parts of our business and increase the footprint we have in the Fort Worth area.


Born on floor of trailer as snow raged, Michigander is 30 today

He sat on a bench seat in the back as Robert Norris, now a retired National Guardsman, chauffeured him.

"We had some personnel carriers out of Ft. Custer," Norris said. They had tank "tracks on them and you steered with a stick."

Norris drove Milliken's predecessor George Romney to work the same way when a storm in 1967 closed roads.

President Jimmy Carter declared the state a disaster area and offered federal aid to pay private contractors to help crews clear the streets.

So what made that storm so fierce?

Experts said two weather fronts, one from the north bringing single-digit temperatures and another from the south bringing plenty of moisture, converged on the state.

In 1978, Deedler was a young meteorologist working the midnight shift at the office in Ann Arbor.


Thursday, January 24

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The Fed Fiddles While Stocks Burn and Crash

I hate to bash Fed Chairman Ben Bernanke, but I'm going to for a few pages. Here's the deal. The current economic threat is screaming for an aggressive inflation solution. Inflation comes from the Fed. Forget about the inflation the Fed has caused over the past 90 years, and the doubling of the money supply to goose markets for the past eight. A lot of that was dead wrong, a theft of our children's future, coming at an unnecessary time. However, when economic crises hit, the government must inflate. Must. Aggressively, preemptively, not reactively, or else calamity will strike, deflation will result, a black hole sucking until depression hits. It is a lot easier to stop inflation during boom times than to reinflate an economy during a major bust. Japan taught us that. Ironically, this is supposed to be Bernanke's strong suit.


'Yo-yo tactic' prompts loan officer to question automobile sales ...

In October, she selected an unused, white Nissan Altima at North Texas Nissan in Corinth, signed the paperwork with salesman Brian Hall, turned over her old car as a trade-in, and took her new car home."I just fell in love with the car," said Judy Miller, a senior loan officer with Maverick Residential Mortgage in Gainesville.Miller had the car for two weeks when Ruth, one of Hall's assistants at the dealership, called to tell her the bank could not accept the terms she and Hall had agreed on."I was told that everything was a done deal, and I would begin making payments on my car on Nov. 26," she said. "I was shocked."Miller explained to Ruth that she had a copy of her signed contract."They couldn't just change the terms," Miller said she told the assistant.Then Ruth told Miller about a car contract provision Miller had never heard of."She informed me that the dealership had done a 'spot delivery' and that they could, in fact, change whatever they wanted," Miller said.Miller had the option of agreeing to a new contract with new terms or bringing back the new Nissan.Miller turned to the Internet where she said she found lots of auto dealership horror stories."I could not believe what I was reading," she said.



 

 

 

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