| Family center drenched by flood
Programs that help the community embrace learning and life skills was put in jeopardy Sunday when a sprinkler break flooded the Calvary Family Center. The flooding began sometime after 11 a.m. Sunday and wasn’t found until around 9 a.m. Monday, according to Jeff Johnson, an active member with the center. Members were still optimistic despite finding more than two feet of water in the basement, and almost everything inside completely destroyed. ‘‘I guess it’s a good thing warm days are coming,’’ said Sara Johnson, daughter of the Rev. Leroy Johnson of Calvary Memorial Church of God in Christ. ‘‘We will need to carry everything out and hopefully dry some of it.’’ When the center was opened, it did so with the commitment to provide quality human services to the children and families in Fort Dodge.
Insurance company sued over contract
A Brentwood life insurance company is being sued by a California consulting firm that alleges it was never paid despite finding a buyer in 2005. Continental Life Insurance Co. of Brentwood owes Robert Tookey Associates Inc. $725,000, according to the breach-of-contract lawsuit filed in federal court. Tookey Associates maintains that it wasn't paid after Genworth Financial and Continental Life Insurance reached a deal in May 2005, according to the suit. .
(AFX UK Focus) 2008-03-26 16:00 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT
2008-03-26 15:28:15 Treasurys rise on durable goods report NEW YORK (AP) - Treasurys rose for a second day Wednesday after an unexpected drop in orders for big-ticket manufactured goods stirred concerns about the health of the economy. 2008-03-26 15:21:09 Senate Finance Committee leaders seek details on Bear Stearns deal WASHINGTON (Thomson Financial) - Members of the Senate Finance Committee have asked for the full details of the agreement under which JP Morgan Chase will acquire Bear Stearns, including a description of the assets the Federal Reserve will take on from Bear to allow the deal to happen, in order to judge whether the deal poses any risk to US taxpayers. 2008-03-26 15:16:05 Paulson says 'premature' to give brokers permanent Fed loan access WASHINGTON (Thomson Financial) - The Federal Reserve deserves praise for its creativity in the face of unprecedented financial market problems, Treasury Secretary Henry Paulson said today, but the kind of expanded lending the Fed has been doing to investment companies needs to be limited to emergency conditions only.
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