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Fed posts record profits for last year

WASHINGTON - The Federal Reserve generated record profits last year, reflecting money made off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s.

January 12, 2010 | By JEANNINE AVERSA Associated Press Writer | World


FDIC seeks comment on bank pay plan

WASHINGTON - Federal banking regulators moved Tuesday to seek public input on a plan to link the insurance premiums levied on U.S. banks to the degree of risk-taking encouraged by their executive pay policies.

A divided board of the Federal Deposit Insurance Corp. voted to make public a preliminary proposal for using executive compensation as a factor in assessing the fees that banks must pay for the deposit insurance fund. The plan could involve both rewards and penalties for banks.

January 12, 2010 | By MARCY GORDON Associated Press Writer | World


China takes new steps to curb bank lending

BEIJING - China took new steps Tuesday to control bank lending, ordering institutions to set aside more reserves in a move to avert a surge in credit that Beijing worries might fuel inflation or asset price bubbles.

China's nascent rebound from the global crisis was fueled by a flood of lending by state-owned banks last year. Bankers cut lending under government orders toward the end of 2009 but regulators worry credit might rebound this year.

January 12, 2010 | By JOE McDONALD Associated Press Writer | World


January 12 - I would like to know how city hall can ... give people bonuses ... in their offices and

All comments published in Soundoff are the opinions of the anonymous callers and do not necessarily reflect the opinion of the Statesboro Herald. Items may be edited for clarity and space. Call 912.489.3733 to leave your recorded message of 30 seconds or less.

January 12, 2010 | | Soundoff




My Take: Maybe not a leap, but GSU took a step

The Georgia Southern Eagles needed a win in the worst possible way, and they finally got one in the form of an 81-76 victory over visiting Western Carolina.

January 11, 2010 | By MATT YOGUS myogus@statesboroherald.com | Sports


Three Tech juniors are saying goodbye

ATLANTA - Atlantic Coast Conference champion Georgia Tech lost three more stars to the NFL on Monday.

January 11, 2010 | By PAUL NEWBERRY AP Sports Writer | Sports


Hawks take down Celtics... again

BOSTON - Joe Johnson scored 36 points, going 5 of 7 from 3-point range, to lead the Atlanta Hawks to a 102-96 victory over the Boston Celtics on Monday night.

January 11, 2010 | By JIMMY GOLEN AP Sports Writer | Sports


Honoring Black Creek's history

The freezing temperatures Saturday morning didn't stop members of the Upper Black Creek Primitive Baptist Church and area camps of the Sons of Confederate Veterans from gathering to honor the 39 Confederate Army dead who are buried in the church cemetery.

January 11, 2010 | By ROGER ALLEN Herald Correspondent | Local


January 12 - Statesboro Police Arrests Marcus Maurice Bryant, 20, Hillcrest Circle, Sylvania

Note: All information included in this report is taken from law enforcement incident reports and arrest records, which are public records and available for review at any and all local law enforcement agencies. Not every arrest leads to a conviction. Guilt or innocence is determined by the court system.

January 11, 2010 | | Police Report


Studio Statesboro - Recycling Christmas trees; Bulloch History Moment: Hard currency

Sponsored by

January 11, 2010 | MATTHEW BANKHEAD/Producer mbankhead@statesboroherald.com | Local


Parents seek to toss charges in girl's drug death

BROCKTON, Mass. - Parents accused of killing their 4-year-old daughter by overmedicating her with prescription drugs asked a judge Monday to dismiss murder charges, arguing that a new medical report by a prosecution expert supports their claim that the girl died of pneumonia.

Lawyers for Carolyn and Michael Riley said that because the grand jury that indicted the couple did not have the report, they were given "inaccurate" information on the cause of Rebecca Riley's death.

January 11, 2010 | By DENISE LAVOIE AP Legal Affairs Writer | World


Super Bowl-style corporate ads for candidates?

WASHINGTON - Possibly coming soon to your TV screen: election-season Super Bowl-style ads promoting congressional and presidential candidates, paid for by some of the nation's largest corporations.

It may happen. For decades, business and union money has been largely shut out of state, congressional and presidential campaigns. The Supreme Court may change that in a big way.

January 11, 2010 | By SHARON THEIMER Associated Press Writer | World


Republicans cite Lott in calling for Reid to quit

WASHINGTON - A double standard? Republicans seeking Sen. Harry Reid's resignation as majority leader over racial remarks he made about Barack Obama say yes - that Reid should be held to the same standard as former GOP Sen. Trent Lott, whose own racial gaffes cost him the Senate leadership in 2002.

Democrats say no, that Reid's comments - while unfortunate - were nothing like Lott's.

January 11, 2010 | By DOUGLASS K. DANIEL Associated Press Writer | World


US road projects do not help unemployment

WASHINGTON - Ten months into President Barack Obama's first economic stimulus plan, a surge in spending on U.S. roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found.

Spend a lot or spend nothing at all, it did not matter, the AP analysis showed: Local unemployment rates rose and fell regardless of how much stimulus money Washington poured out for transportation, raising questions about Obama's argument that more road money would address an "urgent need to accelerate job growth."

January 11, 2010 | By BRETT J. BLACKLEDGE and MATT APUZZO Associated Press Writers | World


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GOP tax plan clears House

WASHINGTON - Republicans rammed a $1.5 trillion overhaul of business and personal income taxes through the House Thursday, edging toward the code's biggest rewrite ...

November 16, 2017 | By ALAN FRAM and MARCY GORDON Associated Press | Associated Press


Concerns of Bulloch County resident Ruth Green

Note: Bulloch County native, retired Georgia Southern professor and community activist Ruth Green addressed the Bulloch County Commission with a list of her concerns at ...

May 17, 2017 | | Local


Deen Day Smith Awards - Past Honorees

Man of the Decade

May 04, 2017 | | Life


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