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Illinois Municipalities, Agencies and Nonprofits Awarded $3 Million Over Bank’s Scheme

Chicago–(ENEWSPF)–May 4, 2011. Attorney General Lisa Madigan today announced a $90.8 million, multistate settlement with Union Bank of Switzerland (“UBS”) for its involvement in a scheme to rig bids and engage in other anticompetitive practices that defrauded state agencies, municipalities, school districts and nonprofits in purchasing municipal bond derivatives from[Read More…]

Durbin Holds Budget Hearing on SEC and CFTC

WASHINGTON, DC–(ENEWSPF)–May 4, 2011. Assistant Senate Majority Leader Dick Durbin (D-IL) today chaired a hearing which reviewed the funding requests of the nation’s primary financial market regulators – the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). SEC Chairman Mary Schapiro and CFTC Chairman Gary Gensler[Read More…]

Statement by World Bank Group on New Report by the Arctic Monitoring and Assessment Program

Washington—(ENEWSPF)–May 4, 2011 – Andrew Steer, Special Envoy for Climate Change, World Bank Group today issued the following statement on the new report by the Arctic Monitoring and Assessment Program, the scientific arm of the eight-nation Arctic Council.  “The findings in the new report from the Arctic Monitoring and Assessment[Read More…]

Presidential Proclamation–50th Anniversary of the Freedom Rides

Washington, D.C.–(ENEWSPF)–May 4, 2011.  Fifty years ago, America was struggling to implement the ideals of justice and equality set forth in our founding.  The Freedom Rides, organized in the spring of 1961, were an interracial, nonviolent effort to protest the practice of segregation.  Setting out from Washington, D.C., on May 4, 1961, the[Read More…]

Preventing Injury and Illness During Flooding

SPRINGFIELD, Ill.–(ENEWSPF)–May 4, 2011. Illinois Department of Public Health Director Dr. Damon T. Arnold is urging residents in and around flooded areas to take precautions to help prevent disease and stay safe. “It is important people in flood-affected areas avoid the water as much as possible in order to protect themselves[Read More…]

Durbin Statement on Southern Illinois Flood Control

WASHINGTON, DC–(ENEWSPF)–May 3, 2011. U.S. Senator Dick Durbin (D-IL) today released the following statement after being briefed by federal and state officials on the impact of yesterday’s decision by Major General Michael Walsh of the Army Corps of Engineers to intentionally breach the levee at Birds Point in order relieve[Read More…]

Virginia Soto, Jorge Martinez, Dianne Hill

Two PSC Students Named to Coca-Cola All-Academic Team

Chidinma Nwakanma, Park Forest (left) and Evan Rugen, Flossmoor. (PHOTOS SUPPLIED) Chicago Heights, IL–(ENEWSPF)– Two Prairie State College (PSC) students were named 2011 Coca-Cola Community College Academic Team Scholars through Phi Theta Kappa Honor Society. Chidinma Nwakanma, from Park Forest, was selected a gold scholar. Evan Rugen, from Flossmoor, was[Read More…]

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