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Visa readies record $18.8 billion IPO  The world's largest electronic payment processing company, filed paperwork for what may be the richest-ever IPO, hoping to raise $18 Residents Pack Meeting On City's Finances City Budget Woes May Force Bankruptcy  City Council met in closed session with the city's employees' organizations to try to find a solution to the city's budget crisis Bill Clinton calls for foreclosure aid in city Governor Talks Budget To Silicon Valley 1/5 of foreclosures investor-owned 49ers to buy Great America for stadium County has most foreclosure
Bank Facing Questions Over Lending  Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods Wachovia Faces Questions Over Lending City to hire collection agencies Apple has biggest tech industry cash pile Residents ask banks to renegotiate loans City mgr: Vallejo should file for bankruptcy Visa profit jumps 28% on rising volumes IRS asks for charges against ex-CFO Schwab's Best 1Q Ever Bay Area Inflation Exceeds Nat'l Average Bay Area Nurses Launch 10-Day Strike Visa Soars In Largest-Ever IPO
May.29   Oakland
May.20   Oakland
May.12   San Jose City Hall
May.5   Apple
May.3   Antioch
  Vallejo
Apr.29   San Francisco
Apr.18   San Jose
Apr.15   Schwab
Apr.7   Bay Area
Mar.19   San Francisco
  Visa Inc. shares soared more than 30% to $58 from their IPO price of $44 in their stock market debut.    The company makes its money from processing fees. Visa touted itself as a safe have...
Feb.25   San Francisco
Feb.21   Vallejo
Feb.19   Vallejo
Jan.16   Oakland City Hall
Jan.15   San Jose


year 2007
... more >
Dec.16   San Francisco
Sep.19   Contra Costa County
Wachovia Faces Questions Over Lending  Some housing advocates are complaining about the way World Savings sold many of its loans during the housing boom City to hire collection agencies  San Jose officials plan on turning to collection agencies as they work on reducing $137 million budget deficit Apple has biggest tech industry cash pile  It historically has belonged to Microsoft. Apple's balance has been reaching $19.4 billion as a result of the cash generated by Mac and iPod Residents ask banks to renegotiate loans  About two dozen people protested outside the branches of Countrywide, Wachovia and Washington Mutual City mgr: Vallejo should file for bankruptcy  City Manager Joseph Tanner is advising the City Council to declare bankruptcy next week to deal with a worsening budget crisis Visa profit jumps 28% on rising volumes  The world's largest credit and debit card processor, said its profit rose to $314 million as customers charged more to their cards IRS asks for charges against ex-CFO  Government investigators have filed a criminal complaint against Sharlene Abrams of Mercury Interactive accusing her of tax evasion Schwab's Best 1Q Ever  Charles Schwab Corp.'s first-quarter profit rose 12% providing a glimmer of good news amid the gloom hanging over the financial sector Bay Area Inflation Exceeds Nat'l Average  The nflation in the Bay Area is worst in more than 20 years. The cost of bread has risen by a 1/3 in 3 years, and other staples are rising f... Higher-yield bond funds run into trouble Bay Area Nurses Launch 10-Day Strike Visa Soars In Largest-Ever IPO

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Details:

Bank Facing Questions Over Lending


May 2008 ... more > Top ^

May.29   Oakland
  Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods
May.20   Oakland
May.12   San Jose City Hall
May.5   Apple
May.3   Antioch
  Vallejo


April 2008 ... more > Top ^

Apr.29   San Francisco
Apr.18   San Jose
Apr.15   Schwab
Apr.7   Bay Area


March 2008 ... more > Top ^

Mar.25   Schwab
Mar.19   San Francisco
  Visa Inc. shares soared more than 30% to $58 from their IPO price of $44 in their stock market debut
 The company makes its money from processing fees. Visa touted itself as a safe have during the credit crunch that has scarred many of the lenders that issue its cards
Federal Reserve slashes rates by 0.75

February 2008 ... more > Top ^

Feb.25   San Francisco Visa readies record $18.8 billion IPO
  The world's largest electronic payment processing company, filed paperwork for what may be the richest-ever IPO, hoping to raise $18.8 billion
Feb.21   Vallejo Residents Pack Meeting On City's Finances
  Residents packed a town hall meeting to discuss the city's struggles with a growing deficit that has it on the brink of declaring bankruptcy Feb.19   Vallejo City Budget Woes May Force Bankruptcy
  City Council met in closed session with the city's employees' organizations to try to find a solution to the city's budget crisis


January 2008 ... more > Top ^

Jan.16   Oakland City Hall Bill Clinton calls for foreclosure aid in city
  Former President said that the feds needs to help cities bail out homeowners facing foreclosure before the economy unravels from a mortgage crisis   San Francisco SF Schools: Financial State Of Emergency Jan.15   San Jose   Governor Talks Budget To Silicon Valley  Schwarzenegger told a group of business and government leaders that the state's budget deficit is not as large as the media portrayed it Jan.9   Wells Fargo Wells Accused On Lending Jan.8   Berkeley Upset about loan attacks bank employees

year 2007 Top ^



December 2007 ... more > Top ^

Dec.16   San Francisco 1/5 of foreclosures investor-owned  More than 1/5 of the Bay Area properties that fell into foreclosure belonged to real estate investors instead of overextended homeowners Proposal for 49s stadium falls $51m short


November 2007 ... more > Top ^

Nov.13   Pleasanton E-Loan to cut 410 jobs

October 2007 ... more > Top ^

Oct.25   Redwood City Obopay Offers Cell Phone Money Transfers
Oct.16   Wells Fargo 3Q Earnings up 4% Oct.15   Schwab 3Q profit soars from sale, new customers Oct.12   Bay Area Bay Area foreclosures soaring 49ers to buy Great America for stadium

September 2007 ... more > Top ^

Sep.19   Contra Costa County County has most foreclosure  Contra Costa has 574 bank-owned properties. The number of properties in the Bay Area that had reverted to the lender skyrocketed to 1,190

July 2007 ... more > Top ^

Jul.29   San Jose Employee pay, benefits soar in County Jul.20   Concord Crisis Puts 80 Bay Area Homes On Auction

June 2007 ... more > Top ^

Jun.27   Wells Fargo Longtime CEO Kovacevich Steps Down
  Chairman Richard Kovacevich has turned over the reins to his top lieutenant, John Stumpf Great America Against 49ers Stadium Plan
Jun.1  Santa Clara  Study Paints 49ers Stadium As Cash Cow

May 2007 ... more > Top ^

May.16   San Francisco Visa names industry veteran to head firm May.5  East Palo Alto  Wells Fargo buys Greater Bay Bancorp. May.4  Oakland  Feds To Pay For MacArthur Maze Repairs May.3  Oakland City Hall  Dellums released $2 billion budget

April 2007 ... more > Top ^

Apr.25   Oakland Oakland ranks 22nd in foreclosures
49ers estimate stadium will cost $854m

January 2007 ... more > Top ^

Jan.30   SF Downtown Merrill Lynch buying First Republic Jan.17  Schwab  4Q earnings soar Jan.16  Wells Fargo  4Q Profit Rises

year 2006 Top ^

Dec.22  Schwab  Schwab to buy 401(k) administrator Oct.16  Schwab  Charles Schwab 3Q Profit Climbs 29% Jul.18   Wells Fargo Wells Fargo Reports Record Profits
 Schwab  2Q profit rises 35%, but misses target Jul.17  49ers  49ers Announce New Stadium Design May.31  SF City Hall  Mayor: $5.7 Billion Budget Proposal Apr.18  Wells Fargo  Profit Rises 9% in 1Q Jan.18  Schwab  4th-Quarter Earnings Triple Jan.17  Wells Fargo  Wells Fargo Profits Up, but Misses Goal Jan.2   Napa Damage from storms at $100 million

year 2005 Top ^

Dec.13  San Jose  City Residents Top List Of Best Savers TV Anchor Doug Murphy Dies In Fire
Oct.18  Schwab  Strong revenue comeback  Wells Fargo  3Q Profit Up 13% Aug.31  San Jose  County household incomes dropped 13% Jul.19  Wells Fargo  Profits Up, Not Enough For Analysts  Schwab  Brokerage's profit up 65% for quarter Jul.7  Schwab  Takeover rumors down after stock surges G8 ministers back Africa debt deal Apr.28  BART  BART Budget Problems Apr.20  Wells Fargo  5% gain is less than expected Apr.15  Schwab  Earnings decline in first quarter Mar.5  SF City Hall  Mayor Warns of Looming Deficit Mar.1  HP  Carly Fiorina, World Bank president? Jan.18  Wells Fargo  Quarter earnings rise by 10%

year 2004 Top ^

Battered dollar hits another low Oct.19   Wells Fargo Earnings rise 12%, but miss estimates Oct.15  Schwab  Slump continues with $41 million loss Oct.11   eBay Software glitch disrupts PayPal service  The widely used online payment service struggled to get customers back on track after several days of outages Aug.16   Bay Bridge Bay Area Might Be Stuck with Bridge Bill
  The state blames the upscale signature design for more than half of the cost overrun
Aug.4   SF Downtown BofA Building 'Scoped Out' by Al Qaeda Jul.20   Schwab Charles Schwab recalled as CEO
  Discount broker dumped CEO David Pottruck and replaced him with founder. Schwab reported a 10% drop in profit Jun.19  Oakland  Audit finds schools deeply in debt to state  San Jose  Supervisors Approve Trimmed Budget May.26  Wells Fargo  Wells Fargo buying Strong assets Apr.20  Schwab  1st-quarter profit more than doubles  Wells Fargo  Earnings roll continues in first quarter Afghanistan wins $8.2bn in aid Mar.28  SF City Hall  54% jump in payroll costs under Brown Feb.23  Intel  IRS auditing 2001, 2002 returns Feb.22   San Francisco Minimum wage increases to $8.50 Feb.9  San Francisco  Providian seeks to improve image Jan.27   SF City Hall Newsom to seek higher taxes Jan.22   Schwab Highest profit since market's peak Jan.20   Wells Fargo 4th-quarter earnings rise by 10% Jan.15   San Jose City Hall Painful Budget Cuts Expected

year 2003 Top ^

Joint plan to relieve Iraq debt
Nov.21   Concord Customer Data Stolen at Wells Fargo Nov.14  Schwab  Improper mutual fund trades disclosed Oct.9  San Francisco  SF Fed Bank VP doles out new $20 bills Sep.29  Sun  $1.05 billion charge for fiscal 4th quarter Voters rejects euro currency Jul.23   Schwab Highest quarterly profit since 2000 Jul.16  Menlo Park  E-Trade plans to give rebates Jul.15  SF City Hall  Supervisors approved budget  Wells Fargo  7% gain in second-quarter profit Jun.9  Menlo Park  E-Trade offers 'moving' mortgages Jun.2  SF City Hall  Budget averts early dire predictions Apr.25  San Francisco  Providian Financial settles 401(k) suit Apr.22  Schwab  Sharp decline in first-quarter profit Apr.15  Wells Fargo  Profits continue to surge Feb.26  SF Downtown  Budget Cuts at SFMOMA Feb.14  SFO  $100 million for BART extension to SFO Feb.5  Wells Fargo  State threatens Wells' mortgage business Jan.21  Wells Fargo  Profits continued in the fourth quarter  Schwab  Second consecutive quarterly loss Jan.14  Oakland City Hall  Mayor warns of budget cuts

year 2002 Top ^

Dec.19  SF City Hall  Projected budget deficit topped $200M Nov.19  Concord  B of A Slashes more than 200 Jobs Oct.22  Oakland  School District has $35.5 million deficit Oct.18  San Francisco  PG&E's credit ratings suffer another blow Oct.16  Oakland  Financial expert to handle schools budget Sep.12  Daly City  Financial privacy ordinance Jul.13  SF Downtown  Robertson Stephens bank closed WorldCom in accounting trouble, cut jobs
Jun.3  SF City Hall  4.9 billion budget proposal Apr.3  Golden Gate Bridge  Bridge insurance to double Peso devaluated Euro mark celebrations

year 2001 Top ^

Nov.26  San Francisco  Providian hires new CEO Oct.18  San Francisco  Chairman resigns at Providian Apr.26  San Francisco  PG&E has 10,000 creditors

year 2000 Top ^

Denmark rejects euro Apr.18   Wells Fargo Wells Fargo posts record profits Apr.11  Wells Fargo  Wells Fargo to buy Utah's biggest bank Mar.20   San Francisco DeBartolo gave interest in 49ers to sister  Eddie DeBartolo era is now 49ers history. The brother-sister divorce is final Feb.3  Schwab  Schwab agrees to buy CyBerCorp Jan.19  Wells Fargo  Earnings Climb 26%  Schwab  Schwab Meets Street, Cut Commissions Jan.14   Schwab Schwab Buying U.S. Trust Corp. Jan.12  San Rafael  Y2K Bash May Have Fallen $500K Short Tosco to Pay $2 Million in Fatal Flash Fire