Order to cease and desist against FSB Bancorp

Order to cease and desist against FSB Bancorp

http://www.federalreserve.gov/newsevents/press/enforcement/20090227a.htm

Released by the Board of Governors of the Federal Reserve System

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News Alert: In Revision, G.D.P. Shrank at 6.2% Rate at End of 2008

Breaking News Alert
The New York Times
Friday, February 27, 2009 -- 8:51 AM ET
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In Revision, G.D.P. Shrank at 6.2% Rate at End of 2008

The revised fourth-quarter figures, which showed the economy
shrinking at the fastest rate in a quarter century, were
worse than expected.

Read More:
http://www.nytimes.com/?emc=na

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Lunch Wrap

View an online version of this email here.

On FT Alphaville Friday morning, - LOLloyds results. http://ftalphaville.ft.com/blog/2009/02/27/53029/lolloyds-results/ - Front page Fred. http://ftalphaville.ft.com/blog/2009/02/27/53027/front-page-fred/ - Regulator probing USO oil ETF. http://ftalphaville.ft.com/blog/2009/02/27/53030/regulator-probing-uso-oil-etf/ - Tokyo's final misery of the week. http://ftalphaville.ft.com/blog/2009/02/27/53032/tokyos-final-misery-of-the-week-cause-for-false-optimism/ - Krugman, Stats Guy and the 'Japan' parallel. http://ftalphaville.ft.com/blog/2009/02/27/53031/krugman-stats-guy-and-the-japan-parallel/ - Is Robert Peston a government stooge? http://ftalphaville.ft.com/blog/2009/02/27/53034/is-robert-peston-a-government-stooge/ - One bank's pain is another bank's gain... http://ftalphaville.ft.com/blog/2009/02/27/52947/one-banks-pain-is-another-banks-gain/ - Hedge funds, not banks, in Markets Live. http://ftalphaville.ft.com/blog/2009/02/27/53036/markets-live On FT.com, -  Lloyds confirms £10.8bn HBOS loss. http://www.ft.com/cms/s/0/596eb054-04a4-11de-8166-000077b07658.html - East Europe banks set for €24.5bn loan. http://www.ft.com/cms/s/0/efa7ff5a-0475-11de-845b-000077b07658.html - Goodwin stands firm on £16m RBS pension. http://www.ft.com/cms/s/0/22924e0a-03ec-11de-845b-000077b07658.html

ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact � Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.

Markets morning briefing

View an online version of this email here.  All times are London time: Friday Feb 27 2009 FT.com - Financial Markets News Lloyds leads FTSE lower Feb 27 2009 08:57 London equities fell on Friday, on the day Lloyds Banking Group unveiled the extent of losses at HBOS, but failed to give details on the extent to which it would need to use the government's asset protection scheme. Read more » Japanese shares benefit from weaker yen Feb 27 2009 09:53 Japanese shares rose 1.5 per cent as businesses anticipated higher production next month and exporters benefited from the yen's decline this week Read more » Indonesia sells $3bn in debt at discount Feb 27 2009 06:38 Indonesia sold $3bn worth of debt at a discount in a dual-tranche transaction in an expansion of its fundraising efforts to plug a budget deficit Read more » Pay-curb policy dulls interest in Talf Feb 26 2009 23:26 Rules requiring companies tapping Talf to adopt restrictions on executive compensation has damped enthusiasm for its use Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.

Comment from FT.com

View an online version of this email here.  All times are London time: Friday Feb 27 2009 FT.com - Comment and analysis Diplomatic feint that looks to leave Japan in the cold Feb 26 2009 19:28 Japan's Taro Aso this week stole the prize in the scramble to be first foreign leader across the threshold of Barack Obama's White House. But behind this diplomatic flummery, the US is shuffling the hierarchies of its relationships in the region, writes Philip Stephens Read more » Demand matters, not animal spirits Feb 26 2009 19:18 To be induced to expand output, businessmen require an improved market and not a rush of optimism, writes Samuel Brittan Read more » Europe's recovery plan is not a 'deus ex machina' Feb 26 2009 19:03 Simplifying legislation and curtailing the red tape associated with supervision is the priority of the Czech presidency, writes Mirek Topolanek Read more » Effective stimulus spending requires creativity Feb 26 2009 19:00 Where factories face temporary downturns in demand, why not increase opportunities for training or retraining? This would be better than paying people not to work, writes Neelie Kroes Read more » Choice for local newspapers: evolve or die Feb 26 2009 19:07 Daily local titles no longer match the desires of readers and advertisers. Much reporting is better done by an enthusiastic amateur for next to nothing than a reporter sent in a taxi, writes Roger Parry Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.

Investors notebook

View an online version of this email here.  All times are London time: Friday Feb 27 2009 FT.com - Investor's notebook Short View: US housing Feb 26 2009 18:17 There is still no sign that improvements in American housing will help get us out of this financial mess Read more » View of the Day: Turkish lira set to tumble Feb 26 2009 16:28 Turkey's government is playing with fiscal fire, says Ulrich Leuchtmann at Commerzbank Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.

UK Notebook

View an online version of this email here.  All times are London time: Friday Feb 27 2009 FT.com - Columnists, Notebook Send $800m, great urgency Feb 26 2009 21:56 There is a myriad of ways of interpreting why the scam e-mail purporting to be from Jack Straw met with such indifference from its recipients, writes Emma Jacobs Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.