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Monday, June 14, 2010
News The Rundown: Bank of America gets busy, the Charlotte Chamber in Boston and more
Posted By Ronald Darnell on Mon, Jun 14, 2010 at 1:58 PM
The first of a new regular feature, "The Rundown" is a collection of the day's biggest local and national business-centric headlines. Check out what we've tracked down today:
• Goal of buyers: 'Steal a mansion' at foreclosure auctions — Buyers have been taking advantage of the foreclosure market by buying homes at low prices. Now mansions are being bought at prices that some say are a "steal."
• Stop that tow truck! —The Charlotte City Council takes on aggressive towing companies.
• Mecklenburg County lowers number of job cuts — County projections have allowed officials to cut less workers.
• Boston a record draw for Charlotte Chamber — The Charlotte Chamber of Commerce's visit to Boston this week has a whole lot to do with the influence of Bank of America’s CEO.
• Federal judge dissolves foreclosure injunction against Bank of America — A federal judge ruled that Bank of America can continue foreclosing homes in Utah.
• Top Wachovia exec warned bank against deal with Golden West — David Carroll, of Wells Fargo Co., says he was ignored.
• Crescent Resources sues former CEO over payment — Art Fields, a former Duke Energy executive, is being slapped with the suit.
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