NewsFeeds 7.19.10

Halsey Minor: Why I fight (Huffington Post)
The Huffington Post has an interesting guest opinion by Charlottesville tycoon Halsey Minor in which he explains his troubles with banks and the FDIC and why his hotel development in downtown Charlottesville is stalled.
It’s a must-read for bankers and lawyers.

TowneBank buys most assets of troubled Bank of Currituck (Virginian-Pilot)
TowneBank, the largest bank based in Hampton Roads, said Friday it plans to extend its reach to northeastern North Carolina and the Outer Banks by buying the deposits and most assets of a faltering North Carolina bank.

Shifting focus at Luna’s lab (Roanoke Times)
A year after filing for bankruptcy protection, Luna Innovations is attempting to return public attention to its laboratory.

Fannie Mae gets tough on ‘strategic’ mortgage defaults (USA Today)
Borrowers who walk away from mortgages they can afford to pay — making “strategic defaults” — are running increasing risks that they’ll be penalized for doing so.

Why Morning People Get Ahead (Inc.)
What kind of entrepreneur are you? That all depends on when you wake up, according to new research.

Watchdog: Auto dealers shut down too fast (Fortune)
Automakers GM and Chrysler were pressured to quickly close hundreds of dealerships by the Treasury department without regard for the job losses that would result, according to a government watchdog report out Sunday.

Halsey Minor: Why I fight (Huffington Post)
The Huffington Post has an interesting guest opinion by Charlottesville tycoon Halsey Minor in which he explains his troubles with banks and the FDIC and why his hotel development in downtown Charlottesville is stalled.
It’s a must-read for bankers and lawyers.

TowneBank buys most assets of troubled Bank of Currituck (Virginian-Pilot)
TowneBank, the largest bank based in Hampton Roads, said Friday it plans to extend its reach to northeastern North Carolina and the Outer Banks by buying the deposits and most assets of a faltering North Carolina bank.

Shifting focus at Luna’s lab (Roanoke Times)
A year after filing for bankruptcy protection, Luna Innovations is attempting to return public attention to its laboratory.

Fannie Mae gets tough on ‘strategic’ mortgage defaults (USA Today)
Borrowers who walk away from mortgages they can afford to pay — making “strategic defaults” — are running increasing risks that they’ll be penalized for doing so.

Why Morning People Get Ahead (Inc.)
What kind of entrepreneur are you? That all depends on when you wake up, according to new research.

Watchdog: Auto dealers shut down too fast (Fortune)
Automakers GM and Chrysler were pressured to quickly close hundreds of dealerships by the Treasury department without regard for the job losses that would result, according to a government watchdog report out Sunday.

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