Posts Tagged ‘ City of Memphis ’

Memphis Updates Suit Against Wells Fargo

April 7, 2010
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Memphis Mayor A C Wharton released an amendment to the complaint against Wells Fargo. The suit accuses Wells Fargo with deceptive business practices, predatory lending, and a deliberate attempt to add unnecessary expenses to the loans. Most of this information was found through the testimony of four former employees. The amended complaint also lists...

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Sprawling and Stretching Thin

March 30, 2010
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Mary Cashiola with the Memphis Flyer writes about the impact of sprawl on city budgets. Noting that the city budget now appropriates nearly 65% of all it’s revenue for police and fire services, the question becomes, just how big should we be “Sprawl takes resources out of the existing neighborhoods,” says Sarah Newstok, program...

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The City’s Budget: The Bills Are Due, How Will We Pay For It?

March 29, 2010
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Smart City Memphis takes a sobering look at the budgetary quagmire that Mayor Wharton and the City Council find themselves facing: Troubling trends that have been gathering for 20 years, exacerbated by the last eight years of the Herenton Administration, have landed with a thud on the desks of Memphis Mayor A C Wharton...

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