New Orleans News

capitolby Tom Aswell, Publisher of Louisiana Voice

State Treasurer John Kennedy has forwarded a two-page letter to the executive director of the Louisiana State Police Retirement System (LSPRS) that itemizes 13 questions Kennedy said need to be addressed concerning the $55,000 per year pension increase awarded State Police Superintendent Mike Edmonson in the closing minutes of the recent legislative session.

Published in Latest Buzz

edmonson2Col. Mike Edmonson, Superintendent of the Louisiana State Police, defended his and other actions taken on his behalf, on Jim Engster ‘s WRKF radio program this morning.

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gold-standardby Tom Aswell, Publisher of LouisianaVoice.com

State Rep. John Bel Edwards (D-Amite) Saturday told LouisianaVoice he will ask House Speaker Chuck Kleckley (R-Lake Charles) on Monday for a full investigation of the 11th hour amendment to an obscure Senate bill that resulted in an additional $30,000 per year income for State Police Superintendent Mike Edmonson upon his retirement.

Published in Latest Buzz

jindals-book2by Tom Aswell, Publisher of Louisiana Voice

He is on the cover of Gov. Bobby Jindal’s ghost-written book Leadership and Crisis. In case you don’t remember that very forgettable book, it’s the one purportedly written by Jindal but in reality, hastily slapped together by Hoover Institute flak Peter Schweizer.

Published in Latest Buzz

Kennedy-interview2With the new fiscal year starting today, Louisiana Treasurer John Kennedy, has taken a slap at the Louisiana legislature and Governor Jindal claiming Louisiana is starting the new fiscal year with a $63 million hole due to procedures utilized that in the bank business would be called "check kiting".

Published in Latest Buzz

LAFAYETTE — The Lafayette branch of Fugro GeoServices may be tapped to lend its expertise in the search for the missing Malaysian Airlines Flight 370, the company announced Tuesday.

The local sea floor mapping company could send employees along with equipment to assist the Australian-led search operation.

Fugro’s Equator, an advanced survey ship with deep-water location equipment deployed from Fugro’s corporate headquarters in the Netherlands, is currently involved with the search, according to the company.

The vessel will take three months to complete its mapping of the relatively uncharted section of the ocean floor, some parts of which can be 20,000 feet deep.

Published in Baton Rouge News

The Jindal administration has repaid a $70 million state treasury loan that was needed to keep public colleges and universities operating.

However, state Treasurer John Kennedy raised concerns Tuesday about where the administration found the money to repay the borrowing. He said the administration grabbed dollars from another fiscal year. Kennedy also said the 2013-2014 fiscal year ended this week with a nearly $63 million deficit.

“They’re using 2015 money to pay expenses for 2014. That leaves a hole in 2015 which causes me to have to loan them more money to fill the hole.

Published in Baton Rouge News
BESE’s Lee faces ethics charges
Tuesday, 01 July 2014 15:37

Indicted state Board of Elementary and Secondary Education member Walter Lee is now facing state ethics charges.

The state Board of Ethics alleged in documents made public Tuesday that Lee violated three state conflict of interest laws. The charges involve incidents of Lee’s alleged use of his position as DeSoto Parish schools superintendent for personal gain.

Lee was indicted in January by a DeSoto Parish grand jury on felony theft, public contract fraud and malfeasance in office during his tenure as schools chief.

Published in Baton Rouge News

Shares of Investar Holding, the parent company of Investar Bank, launched Tuesday at $14 per share and quickly spiked to $14.53 per share before settling lower and closing at $14.20.

Close to 787,000 shares shares changed hands.

The company originally announced plans to offer 2.9 million shares at $15 to $17. At that price, Investar Holding’s market value would have been between $43.1 million and $48.9 million. At $14 per share, the company’s market value is $40.3 million.

Published in Baton Rouge News
Iberville Chamber relocates offices
Tuesday, 01 July 2014 15:37

The Iberville Chamber of Commerce has moved its office to 23520 Eden St. in Plaquemine.

Executive Director Hank Grace said the refurbished 2,500-square-foot building has a more modern design that allows for better technology to make the chamber’s operations more efficient. The building has a larger meeting room, which is open to members’ use.

The chamber has about 275 members.

The building, which is under a long-term lease, also is on a main roadway that gives the chamber more visibility, Grace said.

Published in Baton Rouge News
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GNO Inc's Michael Hecht stokes New Orleans region rapid acceleration

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