Page 5 - Michael Hecht News Today

The Helen Frankenthaler Foundation files motions to dismiss allegations against its directors by the former board president. Allegations include exploitation, self enrichment, and pay-to-play schemes.

New Orleans and two other Louisiana cities ranked in the bottom 10 of the annual report from the nonpartisan Milken Institute.

Frankenthaler's nephew has accused the foundation, which terminated his board position last spring, of "extensive self-dealing"

An amended suit against the Frankenthaler Foundation was filed hours before the foundation planned to submit a motion to dismiss the case.

In an amended lawsuit, Frederick Iseman has accused the directors of the Helen Frankenthaler Foundation of a "pay-to-play" scheme.

A lawsuit claims he used the foundation's funds to get his own "middlebrow" work displayed in top venues.

WASHINGTON – Louisiana lawmakers and homeowners are still hopping mad over changes to the National Flood Insurance Program that have led to huge premium increases for many south Louisianans.

Congress has spent more than six years avoiding its responsibility to reauthorize the National Flood Insurance Program.

Congress hears about the problems of the National Flood insurance program and what could be done to improve it.

Senate Committee on Banking, Housing and Urban Affairs hears testimony about changes to the National Flood Insurance Program.