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Archive for June 13th, 2011

Traffic Violation Bigger Threat Than Accused Rapist?

Meet Nick Vutetakis. Records indicate that he was arrested early Monday morning by CMPD for failing to comply with his driver’s license restrictions. If you are driving around at 2:40am, CMPD will pull you. Period. So bad luck there.

But Vutetakis was then booked in the Mecklenburg County jail under $1200 secured bond. Vutetakis does not have prior convictions according to the state corrections web site and was not arrested in recent years in Mecklenburg according to the jail website.

Recall that accused rapist Martin Diamond was turned loose under no bond by county magistrate Sylvia Cherry.

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Public Sector Jobs: What Recession?

Details here.

Recall that that city of Charlotte workers got their raises last year (county officials were on the ballot) and Mecklenburg County workers got their raises this year (you can vote for city officials in November.)

What a joke.

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CLT- Sao Paulo Flights Delayed to Late 2012

On Friday, US Airways admitted to the Department of Transportation that will not be able to begin flights from Charlotte to Sao Paulo, Brazil (GRU) this fall as it had hoped. While it has leased slots from United that can be used to GRU, that by itself does not guarantee that GRU has the capacity to handle the flight. And as the airline explained, it GRU won’t be able to accommodate the flight until IATA Winter 2012, which begins in late 2012:

US Airways has made substantial efforts to obtain the necessary Brazilian government approvals to commence service to Sao Paulo. However, a Iack of aircraft parking spaces, combined with GRU airport construction planned for late-2011/early-2012 has made it impossible for US Airways to commence Sao Paulo service before [IATA] Winter 2012. To resolve these infrastructure issues, US Airways has worked with the GRU airport administration to achieve a solution that enables US Airways to commence Charlotte-Sao Paulo service in Winter 2012.

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NY AG Jumps in BAC Mortgage Crap Storm

I doubt anyone associated with this report understands the slightest thing about mortgage securities or foreclosures — including New York AG Eric Schneiderman. So there is that.

What this is really about: Everyone knew the Hot Check Era of banking was fraudulent, but so long as the checks didn’t bounce no one cared. Now that some folks are getting stuck with the bills — primarily dopey investors and de facto complicit borrowers — the politicians/judges/lawyers are moving to capitalize (and criminalize if need be) behavior they once sanctioned.

Makes you almost feel sorry for Brian Moynihan. Almost.

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