Thursday, May 28, 2009

GNB Update

One more day until Friday...Here's the news...

A shocking resignation at one of the South's largest banks. reports that Fred Green III resigned as president of Synovus earlier Thursday. Chairman and CEO Richard Anthony takes over as president, according to the company press release. No reason was given for Green's resignation. Late Thursday morning, Synovus stock was trading at more than $3.00 a share. That rose five cents.

The ongoing recession is keeping one Georgia museum empty. The Associated Press reports that the state is looking to turn the former World of Coca-Cola building into a history museum. But continued cuts have put those plans, as the state seeks to balance the budget. It bought the building for $1 million after Coca-Cola moved into its new building in 2007. Still, Georgia officials say that the proposed museum would be a boost for tourism once the economy recovers.

A big problem with bacteria in one of Georgia's rivers. GPB News reports that scientists are urging with the state Environmental Protection Division (EPD) to take a second look at the water in the Oconee River near Dublin. Last year, scientists visited that river for water samples. They found bloody fish and deformed birds in their previous trip to Laurens County. EPD officials say there's no danger to public health because of the bacteria. But Kim Tyler of Altamaha Riverkeeper disagrees. She says bacteria levels are 40 times higher at the Oconee River than certain portions of the Ocmulgee River. Tyler has sent a letter to the EPD reporting their findings.

That's the news. GNB is available online at, and on Twitter at Have a good Thursday night.

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