A federal judge in San Francisco sided with the City of Richmond in its effort to take over mortgages from hundreds of struggling homeowners by denying a request from banks for a preliminary injunction because it’s too premature to decide.
The Richmond City Council voted 4 to 3 early Wednesday morning to continue pursuing the controversial plan, which could use the city’s power of eminent domain to force bondholders to sell underwater loans.
The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.
The resolution asks that Chevron make safety at the refinery its top priority, “pay its fair share” in taxes to the city and employ as many Richmond residents as possible.
Richmond Mayor Gayle McLaughlin showed her support for the Occupy Wall Street movement Wednesday morning by marching with a group of local residents en route to Occupy Oakland’s planned general strike.
Richmond high school graffiti artists are changing some adults’ perceptions about what may not normally be considered art as they prevailed in City Hall in their challenge of a violation.
Richmond residents will celebrate the grand opening of the renovated Dr. Martin Luther King, Jr. Park in Richmond Saturday.
There is some mud slinging going on in Richmond politics as representatives of both police and firefighters unions made some strong accusations against the mayor as she runs for re-election.