Bill Perotti Jr., who carries the title of chief credit officer, among others, for Frost Bank, spoke at the Real Estate Council of Austin’s monthly luncheon last week to answer the question that’s on every real estate investor’s mind: how is my next deal going to get done? Perotti is particularly well-qualified to answer […]
Michael Mmay
Despite recession, SXSW rocks as hard as ever
The nation’s economic woes may have tarnished the American dream, but this year’s SXSW proved that, at least, the rock and roll dream is alive and kicking. The festival featured more bands than ever before — 1,900 bands from some 40 countries. The only effect the recession seemed to have was a slight downturn, […]
Spelman heads for Place 5 Council seat with no opposition
Former Place 5 City Council member Bill Spelman wants his old job back, and it looks at this point like no one is going to stop him. Spelman doesn’t have an opponent so far, and there is freedom that comes with that. In a wide-ranging conversation with In Fact Daily, Spelman was not shy about […]
City retirement funds don’t escape downturn
City staff members brought some grim, but not very surprising, news about the state of the city’s retirement funds to the Audit and Finance Committee on Tuesday. The three retirement funds (for general employees, police and firefighters) each lost around a quarter of their value in 2008. The only silver lining is that the struggling […]
Informant takes stand in GOP Convention bomb plot trial
MINNEAPOLIS — Austinite David McKay, 22, is on trial here at the U.S. District Court for allegedly building Molotov cocktails to burn police cars outside the 2008 Republican National Convention. But here in court, it often seemed like FBI informant Brandon Darby, also from Austin, was the man on trial. The defense claimed that Darby, […]
