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  National News : Tuesday, February 05, 2013 12:58:44 PM Free Article ID:17413 (210) Last Update:     
US sues S&P over pre-crisis mortgage ratings
By Daniel Wagner and Christina Rexrode
The Associated Press

The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that played a key role in triggering the 2008 financial crisis.

In charges filed late Monday in Los Angeles federal court, the Justice Department said the credit rating agency gave high marks to mortgage-backed securities because it wanted to earn more business from the banks that issued the investments.

The case is the government’s first major action against one of the credit rating agencies that stamped their approval on Wall Street’s mortgage bundles. It marks a milestone for the Justice Department, which has been criticized for failing to make bigger cases against the companies involved in the crisis.

“Put simply, this alleged conduct is egregious — and it goes to the very heart of the recent financial crisis,” Attorney General Eric Holder told a news conference Tuesday. He called the case “an important step forward in our ongoing efforts to investigate and punish the conduct that is believed to have contributed to the worst economic crisis in recent history.”

At the news conference, acting Associate Attorney General Tony West said “we think that at the very least,” S&P is liable for more than $5 billion in civil penalties.

Joining the Justice Department in the announcement were attorneys general from California, Connecticut, Delaware, the District of Columbia, Illinois, Iowa and Mississippi, who have filed or will file separate, similar civil fraud lawsuits against S&P. More states are expected to file suits, the Justice Department said.

S&P, a unit of New York-based McGraw-Hill Cos., called the lawsuit “meritless” in a lengthy statement.

“Hindsight is no basis to take legal action against the good-faith opinions of professionals,” the company said. “Claims that we deliberately kept ratings high when we knew they should be lower are simply not true,” it said.

Rating agencies are widely blamed for contributing to the financial crisis that caused the deepest recession since the Great Depression. They gave high ratings to pools of mortgages and other debt assembled by big banks and hedge funds, suggesting there was little risk for investors. That gave even risk-averse investors the confidence to buy them.

Some investors, including pension funds, can only buy investments that carry high ratings. In effect, rating agencies like S&P greased the assembly line that allowed banks to push risky mortgages out the door.

When the housing market collapsed in 2007, the agencies acknowledged that mortgages issued during the bubble were far less safe than the ratings indicated. They lowered the ratings on nearly $2 trillion worth, spreading panic that spiraled into a crisis.

In its statement Tuesday, S&P said its ratings “reflected our current best judgments” and noted that other rating agencies gave the same high ratings. It said the government also failed to predict the subprime mortgage crisis.

But the government contends in its lawsuit that S&P was more concerned with making money than issuing accurate ratings. It says the company delayed updating its ratings models, rushed through the ratings process and kept giving high ratings even after it was aware that the subprime market was flailing.

The complaint includes a trove of embarrassing emails and other evidence that S&P analysts saw the market’s problems early:

— In 2007, an analyst who was reviewing mortgage bundles forwarded a video of himself singing and dancing to a song written to the tune of “Burning Down the House”: “Going - all the way down, with/Subprime mortgages.” The video colleagues laughing at his performance.

— A PowerPoint presentation that year said being “business friendly” was a core component of S&P’s ratings model.”

— In a 2004 document, executives said they would poll investors as part of the process for choosing a rating. One executive replied, asking, “Does this mean we are to review our proposed criteria changes with investors, issuers and investment bankers? ... (W)e NEVER poll them as to content or acceptability!” The executive’s concerns were ignored, the government said.

— Also that year, an analyst complained that S&P had lost a deal because its criteria for a rating was stricter than Moody’s. “We need to address this now in preparation for the future deals,” the analyst wrote.

Acting Associate Attorney General Tony West said the documents “make clear that the company regularly would ‘tweak,’ ‘bend,’ delay updating or otherwise adjust its ratings models to suit the company’s business needs.” He said that in 2007, S&P issued ratings that it “knew were inflated at the time they issued them.”

S&P said the emails were “cherry picked,” that they were “taken out of context, are contradicted by other evidence, and do not reflect our culture, integrity or how we do business.”

It said the government left out important context. For example, an email that says deals “could be structured by cows” and then rated by S&P was unrelated to the types of mortgage investments at issue in the government’s suit, S&P said. It said the analyst’s concerns were addressed before a rating was issued.

Ratings agencies like S&P are a key part of the financial crisis narrative. When banks and other financial firms wanted to package mortgages and sell them to investors, they were required to seek a rating from a rating agency. Those investors suffered huge losses when housing prices plunged and many borrowers defaulted on their mortgage payments.

By 2006, S&P was well aware that the subprime mortgage market was collapsing, the government said, even though S&P didn’t issue a mass downgrade of subprime-backed securities until halfway through 2007. The mortgages were performing so poorly “that analysts initially thought the data contained typographical errors,” according to one document cited in the lawsuit.

In a 2007 email, another analyst said some at S&P wanted to downgrade mortgage investments earlier, “before this thing started blowing up. But the leadership was concerned of p*ssing of too many clients and jumping the gun ahead of Fitch and Moody’s.”

The government’s case sides with critics of rating agencies who have long argued that the agencies suffer from a fundamental conflict of interest. Because they are paid by the banks that create investments they are rating, the agencies had to compete for banks’ business. If one agency appeared too strict, banks could shop around for a better rating.

The government’s lawsuit says that “S&P’s desire for increased revenue and market share ... led S&P to downplay and disregard the true extent of the credit risks” posed by the investments it was rating.

S&P typically charged $150,000 for rating a subprime mortgage-backed security and $750,000 for certain other securities. If S&P lost the business to Fitch or Moody’s, its main competitors, the analyst who issued the rating would have to submit a “lost deal” memo explaining why he or she lost the business.

S&P analysts ended up trying to keep banks — its clients — happy, even if it meant approving sloppy ratings, the government said.

The government charged S&P under a law aimed at making sure banks invest safely, and said that S&P’s alleged fraud made it possible to sell the investments to banks.

If S&P is eventually found to have committed civil violations, it could face fines and limits on how it does business. The government said in its filing that it’s seeking financial penalties.

There are no criminal charges, which would require a higher burden of proof and carry the threat of jail time.

McGraw-Hill shares dropped $2.72, or 5.4 percent, to $47.58 in morning trading Tuesday after plunging nearly 14 percent on Monday after the lawsuit was first reported.

Shares of Moody’s Corp., the parent of Moody’s Investors Service, another rating agency, lost $1.05, or 2.2 percent, to $48.40 in morning trading Tuesday after closing down nearly 11 percent on Monday.

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National News Section: Tuesday, February 05, 2013 ( #17413 - 210)
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NEWS BLOG:
Republican Committee

The May monthly meeting of the Geary County Republican Central Committee will be held on May 20 at 7 p.m. at 131 W. 7th.

All interested parties are invited to attend.

SPORTS BLOG:
Top prep prospect Andrew Wiggins to attend Kansas

Top basketball prospect Andrew Wiggins will play his college basketball at Kansas.

The 6-foot-8 Toronto native signed a letter-of-intent Tuesday, choosing the Jayhawks over Kentucky, North Carolina and Florida State.

The ceremony...

LOCAL OPINION:
▪ Otte: What's the fuss about heirloom tomatoes?
▪ Martin: Before refrigerators, food was kept on ice
▪ Other views: It's Mental Health Month

COMMUNITY CALENDAR:

May 2013 Community Calendar

Wednesday, May 1

6:30 a.m. Alcoholics Anonymous, 119 W. Seventh St.

6:45 a.m. Breakfast Optimist Club, Stacy’s Restaurant, Grandview Plaza

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Noon Kiwanis meets at Kite’s, Sixth and Washington streets

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Weight Watchers, Presbyterian Church 113 W. Fifth St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

2:30 p.m. Troubadours of JC performance at Woodrow Wilson ES, Manhattan

1 to 4 p.m. Cards at Senior Citizens Center

5:30 p.m. Weight Watchers, Presbyterian Church, 113 W. Fifth St.

6 to 7:45 p.m. AWANA Club, First Southern Baptist Church

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

7:30 p.m. Melita Chapter 116, Order of the Eastern Star, 722 1/2 N. Washington St.

7:30 p.m. Chapman Rebekah Lodge #645, Chapman Senior Center

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

8 p.m. Alcoholics Anonymous, Presbyterian Church, 113 W. Fifth St.

Senior Citizens Center errands to Fort Riley and Dillons

Thursday, May 2

9:30 to 10:30 a.m. Line dancing at Senior Citizens Center

9:30 a.m. MOPS (Mothers of Preschoolers), First Southern Baptist Church, child care provided

1 p.m. TOPS (Take Off Pounds Sensibly), Episcopal Church of the Covenant, 314 N. Adams St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:15 p.m. JC Sundowners Lions Club meeting at Peking Restaurant, 836 S. Washington St.

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

6:30 p.m. Flinthills Depression and Bipolar Alliance Support Group, First Christian Church, Fifth and Humboldt, Manhattan

6:30 p.m. Junction City Aglow Lighthouse meets in the meeting room at the Hampton Inn.

7:30 p.m. Stated Communications, Union Masonic Lodge No. 7 AF&AM

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Senior Citizens Center errands to Walmart

Friday, May 3

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. Seventh St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 p.m. It’s About Me Breast Cancer Awareness Association, Medical Arts II Conference Room, Geary Community Hospital

5 to 8 p.m. Junction City Fraternal Order of Eagles kitchen is open with short-order meals

6 p.m. Ogden American Legion Bingo, 515 Riley Blvd.

6 p.m. Alcoholics Anonymous, Women’s meeting, 119 W. 7th St.

6:30 p.m. JC Fraternal Order of Eagles Auxiliary Bingo, 203 E. 10th St., open to public

7 p.m. American Legion Riders, Chapman American Legion, 222 1/2 Marshall

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Saturday, May 4

8 a.m. to 2 p.m. Yard sale, Junction City First Assembly of God, proceeds going towards sending youth to camp

Noon Alcoholics Anonymous, 119 W. Seventh St.

1 p.m. Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Sunday, May 5

Noon Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

Noon Alcoholics Anonymous, 119 W. Seventh St.

1:30 p.m. American Legion Post 45 Auxiliary Bingo, Fourth and Franklin Streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

Monday, May 6

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. 7th St.

1 to 2:30 p.m. Troubadours of JC rehearsal, Senior Citizens Center, 1025 S. Spring Valley Road

2 p.m. Doors open at Junction City Fraternal Order of Eagles, 203 E. 10th St.

6 p.m. JC South Kiwanis meets at Valley View.

6:30 p.m. JC Fraternal Order of Eagles Aerie & Ladies Auxiliary joint meeting, 203 E. 10th St.

6:45 p.m. Social Duplicate Bridge, 1022 Caroline Ave.

7 p.m. Hope Al Anon meeting at First United Methodist Church

7 p.m. Hope Al-anon, First United Methodist Church, 804 N. Jefferson.

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Afternoon Bingo at Senior Citizens Center

Senior Citizens Center errands to bank, post office and Walmart

Tuesday, May 7

10 to 11 a.m. Bible study at Senior Citizens Center

1:45 p.m. Troubadours of JC performance at Washington ES, 1500 N. Washington St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

7 p.m. Composite Squadron Civil Air Patrol, JC airport terminal, 540 Airport Road

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Wednesday, May 8

2:30 p.m. Troubadours of JC performance at Milford ES, 402 12th St. Milford

6:30 a.m. Alcoholics Anonymous, 119 W. Seventh St.

6:45 a.m. Breakfast Optimist Club, Stacy’s Restaurant, Grandview Plaza

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Noon Kiwanis meets at Kite’s, Sixth and Washington streets

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Weight Watchers, Presbyterian Church 113 W. Fifth St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

1 to 4 p.m. Cards at Senior Citizens Center

5:30 p.m. Weight Watchers, Presbyterian Church, 113 W. Fifth St.

6 to 7:45 p.m. AWANA Club, First Southern Baptist Church

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

8 p.m. Alcoholics Anonymous, Presbyterian Church, 113 W. Fifth St.

Senior Citizens Center errands to Fort Riley and Dillons

Thursday, May 9

9:30 to 10:30 a.m. Line dancing at Senior Citizens Center

9:30 a.m. MOPS (Mothers of Preschoolers), First Southern Baptist Church, child care provided

11:30 a.m. NARFE Old Trooper Chapter 383 luncheon meeting, Senior Citizens Center, 1107 S. Spring Valley Road, members and guests welcome

1 p.m. TOPS (Take Off Pounds Sensibly), Episcopal Church of the Covenant, 314 N. Adams St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

7 p.m. JC Fraternal Order of Eagles Aerie, 203 E. 10th St.

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Senior Citizens Center errands to Walmart

Friday, May 10

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. Seventh St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles kitchen is open with short-order meals

6 p.m. Smoky Hill Free Trappers, Tyme Out Lounge

6 p.m. Ogden American Legion Bingo, 515 Riley Blvd.

6 p.m. Alcoholics Anonymous, Women’s meeting, 119 W. 7th St.

6:30 p.m. JC Fraternal Order of Eagles Auxiliary Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Saturday, May 11

10 a.m. Geary County Women’s Democratic Club meets at Church of Our Savior Methodist Church, Thompson Drive

Noon Alcoholics Anonymous, 119 W. Seventh St.

1 p.m. Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Sunday, May 12

Noon Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

Noon Alcoholics Anonymous, 119 W. Seventh St.

1:30 p.m. American Legion Post 45 Auxiliary Bingo, Fourth and Franklin Streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

Monday, May 13

1 to 2:30 p.m. Troubadours of JC rehearsal at Geary County Senior Center, 1025 S. Spring Valley Road

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. 7th St.

2 p.m. Doors open at Junction City Fraternal Order of Eagles, 203 E. 10th St.

5:30 p.m. Friends of Hope Breast Cancer Support Group and Circle of Hope Cancer Support Group, Medical Arts Building II, Third Floor Conference Room, Geary Community Hospital

6 p.m. JC South Kiwanis meets at Valley View.

6:45 p.m. Social Duplicate Bridge, 1022 Caroline Ave.

7 p.m. Hope Al Anon meeting at First United Methodist Church

7 p.m. Hope Al-anon, First United Methodist Church, 804 N. Jefferson.

7 p.m. Geary County Fish & Game Association meeting, 3922 K-244 Spur

7 p.m. JC Fraternal Order of Eagles Auxiliary meeting, 203 E. 10th St.

7:30 p.m. Acacia Lodge #91, 1024 N. Price St., Junction City

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Afternoon Bingo at Senior Citizens Center

Senior Citizens Center errands to bank, post office and Walmart

Tuesday, May 14

10 to 11 a.m. Bible study at Senior Citizens Center

1:30 p.m. Troubadours of JC performance at Eisenhower ES, 1625 St. Mary’s Road

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

7 p.m. Composite Squadron Civil Air Patrol, JC airport terminal, 540 Airport Road

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Wednesday, May 15

6:30 a.m. Alcoholics Anonymous, 119 W. Seventh St.

6:45 a.m. Breakfast Optimist Club, Stacy’s Restaurant, Grandview Plaza

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Noon Kiwanis meets at Kite’s, Sixth and Washington streets

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Weight Watchers, Presbyterian Church 113 W. Fifth St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

1 p.m. Troubadours of JC performance at Riley County Senior Center, 412 Leavenworth, Manhattan

1 to 4 p.m. Cards at Senior Citizens Center

5:30 p.m. Weight Watchers, Presbyterian Church, 113 W. Fifth St.

6 to 7:45 p.m. AWANA Club, First Southern Baptist Church

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

7:30 p.m. Melita Chapter 116, Order of the Eastern Star, 722 1/2 N. Washington St.

7:30 p.m. Chapman Rebekah Lodge #645, Chapman Senior Center

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

8 p.m. Alcoholics Anonymous, Presbyterian Church, 113 W. Fifth St.

Senior Citizens Center errands to Fort Riley and Dillons

Thursday, May 16

9:30 to 10:30 a.m. Line dancing at Senior Citizens Center

9:30 a.m. MOPS (Mothers of Preschoolers), First Southern Baptist Church, child care provided

1 p.m. TOPS (Take Off Pounds Sensibly), Episcopal Church of the Covenant, 314 N. Adams St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

6:30 p.m. Flinthills Depression and Bipolar Alliance Support Group, First Christian Church, Fifth and Humboldt, Manhattan

7:30 p.m. Stated Communications, Union Masonic Lodge No. 7 AF&AM

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Senior Citizens Center errands to Walmart

Friday, May 17

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. Seventh St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles kitchen is open with short-order meals

6 p.m. Ogden American Legion Bingo, 515 Riley Blvd.

6 p.m. Alcoholics Anonymous, Women’s meeting, 119 W. 7th St.

6:30 p.m. JC Fraternal Order of Eagles Auxiliary Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Saturday, May 18

Noon Alcoholics Anonymous, 119 W. Seventh St.

1 p.m. Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Sunday, May 19

Noon Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Father Kapaun Knights of Columbus, basement of St. Mary’s Chapel, Fort Riley

1:30 p.m. American Legion Post 45 Auxiliary Bingo, Fourth and Franklin Streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

Monday, May 20

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. 7th St.

1 to 2:30 p.m. Troubadours of JC rehearsal at Geary County Senior Center, 1025 S. Spring Valley Road

2 p.m. Doors open at Junction City Fraternal Order of Eagles, 203 E. 10th St.

6 p.m. JC South Kiwanis meets at Valley View.

6:45 p.m. Social Duplicate Bridge, 1022 Caroline Ave.

7 p.m. Hope Al Anon meeting at First United Methodist Church

7 p.m. Hope Al-anon, First United Methodist Church, 804 N. Jefferson.

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Afternoon Bingo at Senior Citizens Center

Senior Citizens Center errands to bank, post office and Walmart

Tuesday, May 21

9:30 to 10:30 a.m. Friend-to-Friend Caregiver Support Group, Faith Lutheran Church, 212 N. Eisenhower Drive

10 to 11 a.m. Bible study at Senior Citizens Center

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

2:30 p.m. Troubadours of JC performance at Franklin ES, 410 W. Second St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. Sunflower Quilters Guild, Dorothy Bramlage Library

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

7 p.m. Composite Squadron Civil Air Patrol, JC airport terminal, 540 Airport Road

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Wednesday, May 22

6:30 a.m. Alcoholics Anonymous, 119 W. Seventh St.

6:45 a.m. Breakfast Optimist Club, Stacy’s Restaurant, Grandview Plaza

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Noon Kiwanis meets at Kite’s, Sixth and Washington streets

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Weight Watchers, Presbyterian Church 113 W. Fifth St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

1 to 4 p.m. Cards at Senior Citizens Center

5:30 p.m. Weight Watchers, Presbyterian Church, 113 W. Fifth St.

6 to 7:45 p.m. AWANA Club, First Southern Baptist Church

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

8 p.m. Alcoholics Anonymous, Presbyterian Church, 113 W. Fifth St.

Senior Citizens Center errands to Fort Riley and Dillons

Thursday, May 23

9:30 to 10:30 a.m. Line dancing at Senior Citizens Center

9:30 a.m. MOPS (Mothers of Preschoolers), First Southern Baptist Church, child care provided

1 p.m. TOPS (Take Off Pounds Sensibly), Episcopal Church of the Covenant, 314 N. Adams St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

7 p.m. JC Fraternal Order of Eagles Aerie, 203 E. 10th St.

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Senior Citizens Center errands to Walmart

Friday, May 24

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. Seventh St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles kitchen is open with short-order meals

6 p.m. Ogden American Legion Bingo, 515 Riley Blvd.

6 p.m. Alcoholics Anonymous, Women’s meeting, 119 W. 7th St.

6:30 p.m. JC Fraternal Order of Eagles Auxiliary Bingo, 203 E. 10th St., open to public

7 p.m. New Beginnings-New Life Support Group, Martha Hoover Conference Room, Geary County Community Hospital

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Saturday, May 25

Noon Alcoholics Anonymous, 119 W. Seventh St.

1 p.m. Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Sunday, May 26

Noon Doors open at JC Fraternal Order of Eagles, 203 E. 10th St.

Noon Alcoholics Anonymous, 119 W. Seventh St.

1:30 p.m. American Legion Post 45 Auxiliary Bingo, Fourth and Franklin Streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

Monday, May 27

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. 7th St.

2 p.m. Doors open at Junction City Fraternal Order of Eagles, 203 E. 10th St.

6 p.m. JC South Kiwanis meets at Valley View.

6:45 p.m. Social Duplicate Bridge, 1022 Caroline Ave.

7 p.m. Hope Al Anon meeting at First United Methodist Church

7 p.m. Hope Al-anon, First United Methodist Church, 804 N. Jefferson.

7 p.m. JC Fraternal Order of Eagles Auxiliary meeting, 203 E. 10th St.

7:30 p.m. Acacia Lodge #91, 1024 N. Price St., Junction City

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Afternoon Bingo at Senior Citizens Center

Senior Citizens Center errands to bank, post office and Walmart

Tuesday, May 28

10 to 11 a.m. Bible study at Senior Citizens Center

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. JC Fraternal Order of Eagles Aerie Bingo, 203 E. 10th St., open to public

7 p.m. Composite Squadron Civil Air Patrol, JC airport terminal, 540 Airport Road

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Wednesday, May 29

Noon Troubadours of JC performance at Riley Centre, Riley

6:30 a.m. Alcoholics Anonymous, 119 W. Seventh St.

6:45 a.m. Breakfast Optimist Club, Stacy’s Restaurant, Grandview Plaza

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Noon Kiwanis meets at Kite’s, Sixth and Washington streets

Noon Alcoholics Anonymous, 119 W. Seventh St.

12:15 p.m. Weight Watchers, Presbyterian Church 113 W. Fifth St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

1 to 4 p.m. Cards at Senior Citizens Center

5:30 p.m. Weight Watchers, Presbyterian Church, 113 W. Fifth St.

6 to 7:45 p.m. AWANA Club, First Southern Baptist Church

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

8 p.m. Narcotics Anonymous, 119 W. Seventh St.

8 p.m. Alcoholics Anonymous, Presbyterian Church, 113 W. Fifth St.

Senior Citizens Center errands to Fort Riley and Dillons

Thursday, May 30

9:30 to 10:30 a.m. Line dancing at Senior Citizens Center

9:30 a.m. MOPS (Mothers of Preschoolers), First Southern Baptist Church, child care provided

1 p.m. TOPS (Take Off Pounds Sensibly), Episcopal Church of the Covenant, 314 N. Adams St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles Aerie and Auxiliary kitchen is open with full meals

6:30 p.m. Bingo at American Legion Post 45, Fourth and Franklin streets

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.

Senior Citizens Center errands to Walmart

Friday, May 31

9:30 to 10:30 a.m. Exercise at Senior Citizens Center

Noon Alcoholics Anonymous, 119 W. Seventh St.

2 p.m. Doors open at the Junction City Fraternal Order of Eagles, 203 E. 10th St.

5 to 8 p.m. Junction City Fraternal Order of Eagles kitchen is open with short-order meals

6 p.m. Ogden American Legion Bingo, 515 Riley Blvd.

6 p.m. Alcoholics Anonymous, Women’s meeting, 119 W. 7th St.

6:30 p.m. JC Fraternal Order of Eagles Auxiliary Bingo, 203 E. 10th St., open to public

6:45 p.m. Troubadours of JC performance at Relay for Life, JCHS Stadium, 900 N. Eisenhower St.

8 p.m. Alcoholics Anonymous, 119 W. Seventh St.
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