FDOT to hold discussion for upcoming Collier diverging diamondCharlotte County homeowners consider elevating homes
NORTH NAPLES FDOT to hold discussion for upcoming Collier diverging diamond Construction on Southwest Florida’s third diverging diamond interchange is set to begin in March.
Charlotte County homeowners consider elevating homes Recent hurricanes and flooding events prompted some Charlotte County homeowners to either demolish or elevate their homes.
CLEWISTON Clewiston man shoots friend over alleged sexual crime against relative There is new information about a murder in Clewiston earlier this month.
CAPE CORAL Cape Coral Bridge design vote aims to improve traffic flow Residents and drivers in Cape Coral have long shared a common frustration: traffic congestion, particularly on Cape Coral Parkway.
Symptoms and treatment for pleurisy, the inflammation of lungs’ lining This winter season in Southwest Florida has been rampant with illness, from flu to viral infections.
Lee county approves major road projects to improve traffic flow, safety The Lee Board of County Commissioners continued its commitment to improving the county’s transportation network.
NAPLES Young bobcat injured by car; rehabilitated, released into Naples A young bobcat has been released back into the wild after recovering from its injuries through the collaborative efforts of several Florida environmental agencies.
Florida house speaker appoints Charlotte County sheriff to state immigration enforcement council Florida House Speaker Daniel Perez has appointed two sheriffs, one of whom is Charlotte County Sheriff Bill Prummell, to the state immigration enforcement council.
Man sentenced to 15 years for drug trafficking in SWFL A drug dealer has been sentenced to 15 years in prison for trafficking fentanyl, methamphetamine and cocaine in Southwest Florida.
Craft supplier Joann to shutter 3 SWFL stores, 500 nationwide The big box craft chain based in Hudson, Ohio, is closing its North Naples store at 6424 Naples Blvd., the Estero store at Coconut Point and the Fort Myers store in South Plaza on Cleveland Avenue.
PUNTA GORDA Punta Gorda Police Department Chaplain Rev. Bill Klossner passes away The Punta Gorda Police Department announced the passing of their Chaplain, Reverend Bill Klossner.
Car strikes, kills man who tried to pick up trash bag on SR-80 The Florida Highway Patrol is investigating a crash involving a pickup truck and a car on State Road 80 in Hendry County that killed a man.
the weather authority Partly cloudy and milder this Tuesday afternoon The Weather Authority is tracking increased cloud coverage along with milder conditions this Tuesday afternoon.
WINK NEWS Shell Factory & Nature Park’s final auction begins The Shell Factory & Nature Park has launched its final auction, allowing fans of the now-closed Southwest Florida landmark to take home several valued items.
FORT MYERS Fort Myers to discuss fluoride in water during next city council meeting The debate over fluoride in drinking water has been reignited following an announcement by the Florida surgeon general urging cities to halt fluoride treatment.
NORTH NAPLES FDOT to hold discussion for upcoming Collier diverging diamond Construction on Southwest Florida’s third diverging diamond interchange is set to begin in March.
Charlotte County homeowners consider elevating homes Recent hurricanes and flooding events prompted some Charlotte County homeowners to either demolish or elevate their homes.
CLEWISTON Clewiston man shoots friend over alleged sexual crime against relative There is new information about a murder in Clewiston earlier this month.
CAPE CORAL Cape Coral Bridge design vote aims to improve traffic flow Residents and drivers in Cape Coral have long shared a common frustration: traffic congestion, particularly on Cape Coral Parkway.
Symptoms and treatment for pleurisy, the inflammation of lungs’ lining This winter season in Southwest Florida has been rampant with illness, from flu to viral infections.
Lee county approves major road projects to improve traffic flow, safety The Lee Board of County Commissioners continued its commitment to improving the county’s transportation network.
NAPLES Young bobcat injured by car; rehabilitated, released into Naples A young bobcat has been released back into the wild after recovering from its injuries through the collaborative efforts of several Florida environmental agencies.
Florida house speaker appoints Charlotte County sheriff to state immigration enforcement council Florida House Speaker Daniel Perez has appointed two sheriffs, one of whom is Charlotte County Sheriff Bill Prummell, to the state immigration enforcement council.
Man sentenced to 15 years for drug trafficking in SWFL A drug dealer has been sentenced to 15 years in prison for trafficking fentanyl, methamphetamine and cocaine in Southwest Florida.
Craft supplier Joann to shutter 3 SWFL stores, 500 nationwide The big box craft chain based in Hudson, Ohio, is closing its North Naples store at 6424 Naples Blvd., the Estero store at Coconut Point and the Fort Myers store in South Plaza on Cleveland Avenue.
PUNTA GORDA Punta Gorda Police Department Chaplain Rev. Bill Klossner passes away The Punta Gorda Police Department announced the passing of their Chaplain, Reverend Bill Klossner.
Car strikes, kills man who tried to pick up trash bag on SR-80 The Florida Highway Patrol is investigating a crash involving a pickup truck and a car on State Road 80 in Hendry County that killed a man.
the weather authority Partly cloudy and milder this Tuesday afternoon The Weather Authority is tracking increased cloud coverage along with milder conditions this Tuesday afternoon.
WINK NEWS Shell Factory & Nature Park’s final auction begins The Shell Factory & Nature Park has launched its final auction, allowing fans of the now-closed Southwest Florida landmark to take home several valued items.
FORT MYERS Fort Myers to discuss fluoride in water during next city council meeting The debate over fluoride in drinking water has been reignited following an announcement by the Florida surgeon general urging cities to halt fluoride treatment.
MGN WASHINGTON (AP) – The Justice Department on Monday announced a roughly $5 billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis. The government accused the bank of misleading investors about the quality of its loans. The $5.06 billion deal resolves state and federal probes into the sale of shoddy mortgages in the run-up to the housing bubble and subsequent economic meltdown. It requires the bank to pay a $2.39 billion civil penalty and an additional $1.8 billion in relief to underwater homeowners and distressed borrowers, along with $875 million in other claims. “This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail,” Acting Associate Attorney General Stuart Delery said in a statement. The agreement, smaller than deals reached with several of Goldman’s Wall Street counterparts, is the latest multi-billion-dollar civil settlement arising from the economic meltdown in which millions of Americans lost their homes to foreclosure or found themselves jobless. Other banks that settled in the last two years include Bank of America, Citigroup and JPMorgan Chase & Co. The sums paid by some of the nation’s largest banks, intended to offer financial relief to some homeowners, aren’t nearly enough to reverse the damage of the worst financial crisis since the Great Depression. The deal, which includes no criminal sanctions or penalties, is likely to stir additional criticism about the department’s inability to hold bank executives personally responsible. Attempting to address those concerns, Deputy Attorney General Sally Quillian Yates issued department-wide guidance last year aimed at encouraging more criminal prosecutions of individuals for corporate wrongdoing. It’s unclear how many additional prosecutions will be brought as a result of the guidelines, which among other things direct civil and criminal lawyers to work together on investigations from the outset and focus on individuals. Goldman had disclosed the settlement in January. Federal officials laid out additional allegations Monday in a statement of facts that accused the bank of making serious misrepresentations about the quality of mortgage-backed securities it sold. The securities, promoted as relatively safe, contained residential mortgages from borrowers who were unlikely to be able to repay their loans. The poor quality of the loans led to huge losses for investors and a slew of foreclosures, kicking off the recession that began in late 2007 as the housing market collapsed and investors suffered billions in losses. The bank admitted that it did not share with investors troubling information that it had received about the business practices of some loan originators, and that it falsely told investors that the loans had been checked to ensure that they met quality standards. In reality, Goldman knew that significant percentages of the loans failed those standards, leaving investors likely to lose money on defaults, the Justice Department said.