Archive for February, 2010
Charlotte News- 2010 So far…
February 20th, 2010 Categories: About Charlotte
Most of our news is good for the economy, so I’ll start with that…
Two new major discount firms are coming to Charlotte. Nordstrom Rack is taking over an old Circuit City location on South Blvd- this will make ladies venture out on South Blvd I am sure!
Not to be outdone, Ollie’s Bargain outlet announced plans to open in big boxes stores on a temporary basis as Close Out stock permits. This chain store recently bought 350,000 pair of Crocs- and are selling the $30 shoes at $9.95/pr. Stores will open in Matthews and Mooresville.
The New York Times reports fewer 4th quarter mortgage delinquencies and B of A announced that late credit card payments declined 7.35%in January.
Charlotte was the major statewide winner in the high speed train sweepstakes last month, landing a $152,000,000 to build an expanded train station in 3rd Ward, out of a total of $400m or so awarded the state to improve the rail speed between Raleigh and Charlotte.
White Water Center lenders have forgiven (written-off) 2/3’s of the $38M loan offering the center a chance at the future. This is good news. While I feel for the lenders (not really that much) I like even more the resource this provides the Charlotte Community. They make money from operations- there just wasn’t enough to pay a $38M note. Very good.
On the bad…
the NY Attorney General has something about us Charlotte folks and can’t let the B of A matter rest. Obama administration regulators thought a fine sufficient, but he thinks it’s criminal. What are we talking about? The shotgun wedding between Merrill Lynch and B of A , orchestrated by the Treasury Department, that Bof A may not have disclosed all the bonuses agreed to be paid… yes I know I hate bonuses too-but this is 2nd guessing after the fire. Or it is suing the good Samaritan who stops at the accident because you don’t think he did enough. Merrill Lynch would have been dead if B of A doesn’t do the deal- dead like Lehman within 48 hours. At the request of the Treasury, they did the deal. Maybe they didn’t disclose everything, maybe in the rush of the weekend, they didn’t have time. To hold them criminally liable?
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Charlotte-Mecklenburg Schools Update
February 11th, 2010 Categories: Charlotte Schools and Education
Charlotte-Mecklenburg Announces Teacher Auditions In Place of Traditional Interviews
Years ago my wife and I were considering an extremely successful private school for our children. In an interview with the Head of School, I asked the founder what made his school so successful? What was the “difference-maker”? His response more than a decade a go still provides a roadmap for success:
“That’s easy: Great Teachers! If I put a great teacher in front of your children, they’ll get a great education. Now what we do in here (waving his hands around the office) is important, but I hire the very best teachers I can find, help get them some in service work that might make them even better, and then try and stay out of their way and let them do their job.”
How refreshingly simple, and difficult to achieve.
Great Teachers = Great Teaching = Student Success
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Saints!
February 7th, 2010 Categories: Buy A Charlotte Home
What A Game… Talk aobut Coaching Courage. NFL Football the way it is supposed to be played!
Go Saints! Love that Sean Payton- Drew Brees and Jamar Nesbit!
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