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VOL. 123 | NO. 98 | Monday, May 19, 2008

Uncertainty Lingers for County Budget

The size of Shelby County government’s budget shortfall has been revised three times since the beginning of this year. Each time, the number has grown.

Ford Takes Stand at Corruption Trial

Former Memphis City Council member Edmund Ford Sr. took the witness stand late this morning at his federal corruption trial.

Mortgage Bankers Set Sights On Breakthrough

Though accounts vary as to the exact wording of the quotation, Mark Twain once purportedly told a reporter that news of his death had been greatly exaggerated.

Borderline Tragedy Turns To Opportunity For Vietnamese Immigrant

When severe weather ripped through the Mid-South in February, destroying parts of the Hickory Ridge Mall, the people inside could not possibly have known how much their lives would change once they emerged from the mess.

State Lawmakers to Divert Conservation Money for Budget

NASHVILLE (AP) – Most of a $30 million fund for land and soil conservation programs in Tennessee appears likely to fall victim to the state’s budget crunch.

Local Weather
Currently
Memphis, TN
26.0°F
Fair
Wind: South at 6.9 mph
Humidity: 69%

EVENTS

The Engineers’ Club of Memphis will meet today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. The topic is “Update of TDOT Projects in the Memphis Area,” presented by a representative of the Tennessee Department of Transportation (TDOT). The cost is $12 and no reservations are required. For more information, e-mail maryc@mscaa.com.

more events »

Council Members, School Leaders In Intricate Dance Over Funding

Sparks didn’t fly as the Memphis City Council and Memphis City Schools leaders met last week. And there was very little talk about the council’s coming consideration of cutting all $93 million in city funding to the school system.

Investment Firms Borrowing At Steady Pace

WASHINGTON (AP) – Wall Street investment companies are borrowing from the Federal Reserve’s emergency lending program at a steady pace.

Ford Trial’s Nuances Appear Made for TV

Assistant U.S. Attorney Larry Laurenzi told a federal court jury last week that the trial of former City Council member Edmund Ford Sr. would, in part, be about “a corrupt environment” at Memphis City Hall.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 90 890
MORTGAGES 131 131 1,083
FORECLOSURE NOTICES 24 51 146
BUILDING PERMITS 187 319 1,524
BANKRUPTCIES 38 85 576
BUSINESS LICENSES 0 74 240
UTILITY CONNECTIONS 27 28 365
MARRIAGE LICENSES 0 0 82

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