NEW YORK - (09/01/04) Its been almost threeyears since they were erased from the skyline but the Twin Towersof the World Trade Center still cast a giant shadow over this city,and the Republican National Convention. Speakers like Senator JohnMcCain and former New York Major Rudy Giullani have focused on thepresidents handling of the war on terrorism, pushingvirtually every other issue into the background. But speakers havebeen careful in the references to the attacks onnine-eleven, lest they been seen by voters as trying tocapitalize on Americas greatest tragedy. Morris Hurd, anIowa delegate and a member of the conventions platformcommittee, told The Credit Union Journal the Bush Administrationprepared the platform itself and dedicated half of its 95 pages tothe war on terrorism. Jerry Hruby, another delegate fromBrecksville, Ohio, said voters in the so-called battleground statewere deeply concerned about recent job losses but overwhelminglyagree that the war on terrorism is the number one priority today.We can never let this happen, again, Hrudy told TheCredit Union Journal while viewing the empty canyon where the WorldTrade Center once sat. The only way to insure that is to goout and reelect George Bush.
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Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20 -
Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
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