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The Best and the Worst of the Week


Tulane's A.B. Freeman School of Business
has been ranked by Financial Times, an international daily business newspaper with a circulation of more than 480,000, as one of the 10 best graduate business schools for finance in the world. The school's 10th-place rating was determined by recommendations from M.B.A. holders from around the world who had responded to a Financial Times survey.

Ben Johnson,
president and CEO of the Greater New Orleans Foundation (GNOF), recently announced his retirement after leading the charitable organization for 17 years. During Johnson's tenure, GNOF grew its assets from $15.8 million to $192 million, increased the amount of annual grants made by GNOF from $1 million to $13.8 million, and improved from $2.7 million to $34.9 million the annual amount the foundation receives in contributions.

Liberty Bank
recently expanded its operations by acquiring Douglass National Bank in Kansas City, Mo. Liberty, which was founded in New Orleans in 1972 and maintains its headquarters in the city, now has operations in five major urban areas — New Orleans, Baton Rouge, Jackson, Houston and Kansas City. With $320 million in assets, Liberty Bank is one of the five largest African-American-owned financial institutions in the United States.

Gov. Bobby Jindal
failed to report more than $118,000 in "in-kind" contributions from the Louisiana Republican Party and has agreed to pay a $2,500 fine to the Louisiana Board of Ethics. Jindal press secretary Melissa Sellers told the Baton Rouge Advocate that the campaign was fined and would cover the penalty. Under Louisiana law, individual candidates are fined, not campaigns. Considering his "gold standard" platform on ethics reform, Jindal should pay the fine himself.

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