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• This week’s print edition plus updates

  • Major dorm project looms large on Short Street
  • A lifetime of civility
  • Council seeks help on vacancies
  • Affordable-housing changes studied
  • Higher prices for fast food, soda lead to weight reductions, lower diabetes risk
  • Time out on Bolin Creek
  • The inconsistent rhetoric of Blue Cross

• Tags

  Add new tag affordable housing awards bail-out banking banks career counseling Carolina North Carrboro chapel hill Chapel Hill-Carrboro Chamber Chatham County coffee corporate responsibility development economic development economic stimulus economy energy entrepreneurs event foreclosure green green jobs health care Hillsborough housing innovation job creation leadership local economy NC Justice Center non-profit Obama orange county public hearing real estate solar survey sustainability TARP technology unemployment University of North Carolina at Chapel Hill venture capital

• Archives

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• Recent Stories

  • Krugman on the near future and all the talk of mission accomplished
  • OC Biz Expo rescheduled
  • More protests at BCBSNC
  • Nasty chart
  • US jobless rate still rising

• Financial Blogs

• Calculated Risk

  • Squatter Stimulus: No Mortgage Payment for Three Years and Counting
    The Irvine Housing Blog has an example of the squatter stimulus (homeowners living in their homes and not paying the mortgage): One Defaulting Owner’s Free Ride: Three Years and Counting (ht ghostfaceinvestah) Freeloaders enjoying the entitled life are not confined to subprime areas. Today's featured property may be the worst case of housing entitlement […]
  • LA Times: More 'strategic defaults'
    From Alana Semuels at the LA Times: More homeowners are opting for 'strategic defaults'Joseph Shull, a 68-year-old marketing professor, said he's planning to walk away from the town house he bought in Moorpark in June 2006."I'm angry, and there are a lot of people like me who are angry," he said.He purchased the home for $410,00 […]
  • MBA: Mortgage Applications Decrease, Mortgage Rates Fall
    The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly SurveyThe Market Composite Index, a measure of mortgage loan application volume, decreased 1.9 percent on a seasonally adjusted basis from one week earlier. ...The Refinance Index decreased 1.7 percent from the previous week and the seasonally adjusted Purchase Index decreased 2.3 percent f […]

• Big Picture

  • Hey Bezos! Fix Your eejit Pro-kindle Anti-Author Book Reviews!
    As mentioned Monday, I found The Big Short discussion on 60 Minutes quite interesting. I went over to Amazon to check out the book — and was stunned at the very low review ratings for a book that had yet to be released. At the time, there were but 7 reviews. I clicked through a few [...] […]
  • What Is With All The TrackBack Spam ?
    Anyone else noticing an excessive amount of TrackBack Spam? It seems lots of gullible folks are buying into those Internet Get Rich Quick infomercials. The SEEO folks have convinced them if they link to a lot of bloggers,and then get trackbacks, it will raise their Google Rank. Not on my watch. That crap just pollutes the comment [...] […]
  • Daily Show on Financial Reform
    > The Daily Show just kills it in this piece on Corporate fraud. If you haven’t seen it (posted early this morning in the Think Tank) its must viewing. > […]

• WAPO Housing

  • A new real estate cost to watch for: Developer's private transfer fee
    How about this for a new and ingenious real estate money machine? Every time a house sells during the next 99 years, 1 percent of the price goes back to the original developer or is shared among investor partners. Ka-ching! […]
  • Be aware of good-faith estimate' rules, or it could cost you
    […]

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• News

• TBJ

  • Wal-Mart to open 3 Triangle MoneyCenters
    Wal-Mart Stores Inc. plans to add Wal-Mart MoneyCenters in 500 stores this year, including three in the Raleigh-Durham area . (WMT) […]
  • NBA gives OK for Michael Jordan to buy Bobcats
    The National Basketball Association has unanimously approved Michael Jordan’s acquisition of a controlling interest in the Charlotte Bobcats. […]

• NC Business

  • Landmark exoneration in NC almost never happened - Columbus Ledger-Enquirer
  • This Prince: What a Piece of Work - New York Times
  • CUP: Crews Under Increased All-Star Pressure - FOXNews
  • Ford May Still Be In Charlotte's Future - RealGM.com

• AP Business

  • Stocks climb after Fed pledges to hold rates low
  • More than 100 complaints lodged over fixed Toyotas
  • Convicted embezzler given tax break, then arrested
  • Brazil: Protests over proposed oil law change
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• WSJ

  • Bernanke Warns Against Narrowing Fed Focus
    Fed Chairman Ben Bernanke warned that a proposal stripping oversight of smaller banks from the Fed would unwisely narrow the central bank's focus. […]
  • Gold Prices Inch Higher
    Gold futures settled higher, supported by a weaker dollar a day after the Federal Reserve left interest rates low. […]

• NYT

  • Answers About New Consumer Laws: Part 2
    Our expert is taking questions on the credit card law and other new consumer rules and regulations. […]
  • Wednesday Reading
    The status of privacy online, how New York cab drivers cheated customers and other consumer-focused items from Wednesday's Times. […]

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