Content Tagged As financial

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  • Madison hospital faces financial crisis

    March 29, 2014 4:52 PM

    TALLULAH, La. (AP) - Madison Parish Hospital could face a financial emergency if the Centers for Medicare and Medicaid Services require reimbursement of $2.5 million in overpayment ties to fraudulent billing by the hospital's former administrator. Hospital CEO Scott Barrilleaux and Hospital Service District chairman Thomas Williams made the disclosure... more »
  • La. panel to review financial hospital recovery

    March 22, 2014 1:38 PM

    TALLULAH, La. (AP) - A state fiscal review committee will meet with Madison Parish Hospital officials next week to determine how the hospital is progressing after years of financial problems. Legislative Auditor Daryl Purpera tells The News-Star the meeting on Wednesday will provide state officials the opportunity to determine whether... more »
  • Financial fine tuning turning to Central schools

    February 5, 2014 7:54 AM

    CENTRAL, La. (AP) - After spending the past couple of years trying to improve its financial record keeping, the Central school system is applying that same scrutiny to its five schools. Central High School is the first school examined, undergoing an audit in the fall of its financial procedures. Superintendent... more »
  • Audit: financial mismanagement by ex-sheriff

    December 27, 2012 8:04 AM

    HOUMA, La. (AP) - A months-long review of former Terrebonne Parish sheriff Vernon Bourgeois' administration has turned up allegations of financial mismanagement. The Courier reports the draft report, prepared by the certified public accounting firm Kolder, Champagne, Slaven & Co., details more than a dozen "audit concerns," including allegations that... more »
  • St. Landry panel recommends financial emergency

    July 3, 2012 7:53 AM

    OPELOUSAS, La. (AP) - The St. Landry Parish School Board Finance Committee has unanimously recommended the district declare a financial emergency called an exigency for a second straight year. The Advocate reports that recommendation came Monday after an accounting firm hired by the Louisiana Department of Education said the district... more »
  • Leaner Southern U after financial emergency

    July 2, 2012 5:49 AM

    BATON ROUGE, La. (AP) - Southern University is emerging from an eight-month financial emergency period with fewer students, degree choices and faculty members. But the university is now in better shape to concentrate resources on successful programs such as engineering and nursing, and better equipped to guide students toward graduation,... more »
  • Livingston schools face more financial hurdles

    January 6, 2012 9:56 AM

    LIVINGSTON, La. (AP) - The president of the Livingston Parish school board says finances again will be the major challenge facing the school system in 2012. Malcolm Sibley says the board would be tasked with increasing capacity because of the parish's continued growth. The school board declared a financial exigency,... more »
  • Coalition Demands Financial Records from School Board

    December 9, 2011 7:34 PM

    In Saint Landry Parish, a newly formed group of educators is demanding financial records for the past three years from the St. Landry Parish School Board. This after at least one board member requested the same information. The Saint Landry United Coalition of Educators says the school board is... more »
  • Anti-Terrorism Requirements for Financial Institutions

    September 27, 2010 12:23 PM

    WASHINGTON (AP) - The Obama administration is proposing that banks report all electronic money transfers in and out of the country, expanding its anti-terrorism requirements for financial institutions. The Treasury Department's Financial Crimes Enforcement Network says the new requirement would boost their ability to track the source of funding for... more »
  • Financial Bailout Chief Announces Resignation

    September 22, 2010 10:57 AM

    WASHINGTON (AP) - Herb Allison, the head of the government's $700 billion financial bailout program, is resigning. Allison says in a letter to his colleagues in the Treasury Department's Office of Financial Stability that they had accomplished a great deal. He said that the bailout fund, known as the Troubled... more »
  • Finish Line in Sight for Major Financial Overhaul

    July 10, 2010 4:19 PM

    WASHINGTON (AP) - Big changes are in store for the financial world from a government crackdown more than a year in the making. Democratic leaders in the Senate are trying to secure the final votes needed to pass legislation this coming week that would impose the most sweeping rules on... more »
  • Oil Spill: Moving on General News and Financial Services

    June 21, 2010 9:29 AM

    A summary of events on Monday, June 21, Day 62 of the Gulf of Mexico oil spill that began with the April 20 explosion and fire on the drilling rig Deepwater Horizon, owned by Transocean Ltd. and leased by BP PLC, which is in charge of cleanup and containment. The... more »
  • Financial Literacy Starts Early

    April 29, 2010 2:34 PM

    With credit card debt averages at about $16,000 dollars and last year's bankruptcy filings at more than a million, financial experts are worried about the future. CPA's and bankers from the Society of Louisiana Certified Public Accountants and from Junior Achievement spent Thursday teaching students across the state about... more »
  • February 21 is College Goal Sunday in Louisiana

    February 17, 2010 12:42 PM

    BATON ROUGE, La. - Louisiana's third annual College Goal Sunday will be held on February 21, 2010, from 2-4 p.m. at seventeen locations around the state. The purpose of College Goal Sunday is to provide students and their families with free professional assistance in completing the primary student financial aid... more »
  • Ponchatoula Man Arrested for Alleged Ponzi Scheme

    November 19, 2009 11:51 AM

    (Baton Rouge, LA)-Investigators with the Louisiana Attorney General's Office, with the assistance of the Tangipahoa Parish Sheriff's Office, arrested William J. Chaucer, Jr., of Ponchatoula, Louisiana today for creating a Ponzi scheme that has cost at least 200 investors over $11 million dollars. This arrest is the result of a... more »
  • Your Hard-Earned Money: Keep it. Save it.

    November 12, 2009 2:15 PM

    In Acadiana $30 million dollars in tax returns were left unclaimed last year. United Way of Acadiana has teamed up with the Acadiana Asset Building Coalition, 232-HELP, and the Department of Social Services to help people get their full returns and become money savvy. . "Earn it. Keep it.... more »
  • How to Deal With Freeloading Friends and Family

    October 6, 2009 2:50 PM

    Mellody Hobson Reveals Warning Signs, Ways to Stop Financial Freeloaders .

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