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DAILY BREW…. quick shots for TUESDAY 6/30/09

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VACATION NIGHTMARE: Woman sues Maryland resort town in carbon monoxide poisoning deaths of husband and daughter, charging emergency crew with lax response.  Yvonne Boughter of Lebanon, Pa., claims four hours went by before a fire and rescue squad arrived at her Ocean City hotel, despite several 911 calls for help. The tragedy occurred three years ago. Here is a report on the $20 million lawsuit.  

ALL IN A DAY’S WORK: Anne Arundel fire fighters get a call for a  cockatoo on the loose and it’s no joke. The wayward pet took refuge in a tree in a Pasadena neighborhood, well beyond the reach of its panicked bird-sitter. Said a fire department spokesman, “these types of calls are tricky.”  

JUDGE COULD RULE AS EARLY AS TODAY IN CITY’S BIAS SUIT AGAINST WELLS FARGO BANK: Bank seeks dismissal, describes complaint as lacking merit and, filed by a city “thirsty for revenue.”
U.S. District Judge Benson E. Legg is set to rule on whether the 2008 complaint can go forward. The city claims the bank routinely steered black lenders toward pricey subprime loans and touched off a wave of foreclosures that have cost the city millions.
Related link: The Chicago Reporter has released another study of lending practices in Baltimore, as well as Chicago. This one shows that Wells Fargo borrowers of all races and income levels got high-cost mortgages more often for properties in black areas. In Baltimore overall, according to the study, borrowers earning at least $200,000 received high-cost loans from Wells Fargo less than 6 percent of the time during 2007. But those same well-qualified borrowers got high-cost loans at a much higher rate—10 of 21 loans, or nearly 48 percent—for properties in metro Baltimore’s predominantly black census tracts, in west and northeast Baltimore.

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  • May 21, 2012

    • The Baltimore Board of Finance today closed its monthly meeting to the press and public in order to discuss $35 million in tax increment financing for the proposed expansion of Under Armour’s Locust Point headquarters. Steve Kraus, clerk of the board and chief of the city’s bureau of treasury management, invoked an exemption to Maryland’s [...]

  • May 20, 2012

    • ((May 21 UPDATE – Jerry Nelson said this morning that L furnace is back in operation, at what capacity and for how long he did not say.)) Production at the Sparrows Point blast furnace was halted Friday due to a shortage of raw materials. Jerry Nelson, general manager of commercial sales for RG Steel, and [...]

  • May 18, 2012

    • May 19 UPDATE: RG Steel’s Jerry Nelson says “everything’s on the table” and “people have expressed interest” in buying RG Steel plants, according to Wheeling, W.Va., newspaper. Also, scrap dealers reluctant to sell to Sparrows Point and Warren, says American Metal Market. [See AMM story below in Comments.] Industry newsletter Steel Market Update reports that [...]

  • May 16, 2012

    • The idea of pushing Mayor Stephanie Rawlings-Blake to regularly audit the books of Baltimore city departments got a (literal) airing yesterday on the Marc Steiner Show, as former city Recreation and Parks Department Director Chris Delaporte and three City Councilmen came on the program to discuss it. (Podcast here.) Listeners calling in provided perhaps the [...]

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  • May 18, 2012

    • _________________________________________________________________________ BIKING!! That’s at least the takeaway message we got from the photos that were snapped of Mayor Stephanie Rawlings-Blake this morning during Bike To Work Day. Rawlings-Blake was beaming in pretty much all the shots we got of her from Meredith Mitchell of Baltimore Bicycle Works, where the mayor and city bike czar Nate [...]

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