VOL. 123 | NO. 59 | Tuesday, March 25, 2008
Almost as soon as word spread of Memphis Mayor Willie Herenton's bombshell announcement that he intends to leave office at the end of July, the guessing game began.
Real estate investor Jim Reedy needed only one day to acquire $2.4 million worth of investment properties, beefing up his already extensive portfolio.
1800 Dunn Road, Memphis, TN 38114, Loan Amount: $4.7 million -
Dunn Field Business Park I LLC, an affiliate of Troy, Mich.-based Stuart Frankel Development Co., has filed a $4.7 million construction loan on the first phase of its speculative $20 million Dunn Field Business Park.
Dennis Churchwell, the one-time landlord of former Memphis City Council member Edmund Ford, is scheduled to go to trial April 14 on federal perjury charges.
A sale of bank branches by Memphis-based First Horizon National Corp. to Fifth Third Bank of Cincinnati that was called off at the last minute and resulted in a lawsuit is now back on track.
WASHINGTON (AP) - Congress should cut short its spring break to work on proposals this week that would tighten regulation of investment banks and help people facing foreclosure, a Republican senator said Sunday.
NASHVILLE (AP) - Elected officials would be granted enhanced confidentiality protections under two measures scheduled for state Senate votes this week.
NASHVILLE (AP) - There would be no limit on how many toll roads or bridges could be built in Tennessee under a proposal being considered in the General Assembly.
WASHINGTON (AP) - While talk of a combined Delta-Northwest and other airline mergers seems to be in a holding pattern, further delays could jeopardize carriers' chances of getting regulatory clearance under the business-friendly Bush administration.
WASHINGTON (AP) - The Federal Home Loan Bank system can increase purchases of Fannie Mae and Freddie Mac securities by $100 billion over two years in the latest government effort to stabilize the devastated market for mortgage-backed assets.
NASHVILLE (AP) - State Sen. Ophelia Ford returned to the Legislature Monday and said a bleeding ulcer caused her to be absent since the session started in January.
NASHVILLE (AP) - Legislation that would prevent college students from using their schools' Internet resources to download copyright material has moved out of the Senate.
Less than a week after he said he was going to give up the office of mayor in July, Willie Herenton has taken back what originally seemed to be a simple but stunning plan to leave the mayor’s office with plenty of notice.
NASHVILLE (AP) - The House sponsor of a proposal to change the Tennessee Constitution to allow the state to impose greater limits on abortions is trying to rally enough votes to bring the measure to a full floor vote.