Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

A major minor league honor

Todd “Parney” Parnell, COO of the Richmond Flying Squirrels, was named the top executive in minor league baseball this week.

Turns out you can put a price on fun

If you can swing a $2.2 million Christmas gift for little Johnny this year, Yang To Hak has the ticket. But don’t expect it to fit under the tree.

Would-be crown jewel loses luster

A Central Virginia golf course has closed for business, another apparent victim of bad timing, the recession and the glut of golf courses nearby.

We’ve reached our suing altitude

A venture capital firm founded by one of Richmond’s most prominent businessmen is embroiled in yet another lawsuit over a funding deal gone sour.

A bulletproof parachute

The Brink’s Co. is known for its cash-toting trucks, and the company’s outgoing chief executive stands to make a truckload, too.

Priced to sell

The thrifty, the nosy and the curious turned out in droves at the estate sale of bankrupt Richmond socialites Allen Meade Ferguson and his wife Mary Rutherfoord Mercer Ferguson.

Christmas comes early for credit unions

Masked revolutionaries didn’t show up last weekend at local credit unions, but plenty of money-toting customers did.

$860 million deal in the works

MeadWestvaco is spinning off its office supply business and merging it into an Illinois competitor.

Village Bank to enter regulatory agreement

Hampered by high levels of souring loans, the $600 million Midlothian-based bank said this week that it expects to enter into a consent order with the FDIC. And the bank is looking to sell its 80,000-square-foot headquarters building and close one of its branches in January.