NewsFeeds 2.16.11

Carter’s Grove auction canceled (Virginia Gazette)
As promised, Halsey Minor places LLC into bankruptcy.

Distressed home sales reach record level in region (Virginian-Pilot)
Nearly two of every five homes sold last month in Hampton Roads were in foreclosure or sold for less than what the homeowner owed the lender, according to a report released Friday. It was the highest percentage of distressed sales ever recorded locally for a single month, boosting January sales volume to higher than year-ago levels, Real Estate Information Network Inc. reported.

Virginia needs to invest in potential business sites, governor’s adviser says (Times-Dispatch)
Virginia needs to invest in potential business sites to attract companies looking to locate in the state, the governor’s senior economic adviser said Tuesday at an annual event of Virginia Commonwealth University’s Real Estate Circle of Excellence.

From Prison, Madoff Says Banks ‘Had to Know’ of Fraud (NY Times)
In his first interview for publication since his arrest, Bernard L. Madoff insisted that his family knew nothing about his crimes, but some banks and hedge funds “had to know.”

7 Sci-Fi Ideas That Became Reality (Inc.)
We’ve all seen fictional gadgets in movies that we wished existed. Martin Aircraft has gone a step further, developing a real-life version of John Robin’s jetpack. A look at Hollywood fantasies made real.

Deepak Chopra on the Entrepreneurial Soul (Entrepreneur)
The New Age author shares his views about what it takes to be an extraordinary leader.

Can these CEOs pull off their turnarounds? (Fortune)
A whole flock of tech CEOs are taking on big turnaround projects at once-proud companies. How did things go off the rails? And who’s got the toughest job ahead?

Carter’s Grove auction canceled (Virginia Gazette)
As promised, Halsey Minor places LLC into bankruptcy.

Distressed home sales reach record level in region (Virginian-Pilot)
Nearly two of every five homes sold last month in Hampton Roads were in foreclosure or sold for less than what the homeowner owed the lender, according to a report released Friday. It was the highest percentage of distressed sales ever recorded locally for a single month, boosting January sales volume to higher than year-ago levels, Real Estate Information Network Inc. reported.

Virginia needs to invest in potential business sites, governor’s adviser says (Times-Dispatch)
Virginia needs to invest in potential business sites to attract companies looking to locate in the state, the governor’s senior economic adviser said Tuesday at an annual event of Virginia Commonwealth University’s Real Estate Circle of Excellence.

From Prison, Madoff Says Banks ‘Had to Know’ of Fraud (NY Times)
In his first interview for publication since his arrest, Bernard L. Madoff insisted that his family knew nothing about his crimes, but some banks and hedge funds “had to know.”

7 Sci-Fi Ideas That Became Reality (Inc.)
We’ve all seen fictional gadgets in movies that we wished existed. Martin Aircraft has gone a step further, developing a real-life version of John Robin’s jetpack. A look at Hollywood fantasies made real.

Deepak Chopra on the Entrepreneurial Soul (Entrepreneur)
The New Age author shares his views about what it takes to be an extraordinary leader.

Can these CEOs pull off their turnarounds? (Fortune)
A whole flock of tech CEOs are taking on big turnaround projects at once-proud companies. How did things go off the rails? And who’s got the toughest job ahead?

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