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East Bay, Financial Timeline Tuesday, May 1 Bookmark and Share     Author
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Civic Walk housing project loan   Oakland Downtown: Oakland City Council is scheduled to decide whether to lend $5 million to the developers who bought the property last year 2 banks closed in Bay Area
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Bank Main Event: 2 banks closed in Bay Area
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1. 2016-01-27 Warriors arena to be named Chase Center ó bank buys naming rights San Francisco
2. 2014-09-30 Texas billionaire buys Richmondís Mechanics Bank Richmond
3. 2011-11-05 Protesters crowd around Wells Fargo Oakland Downtown
4. 2011-09-30 Windrush School faces seizure by bank Windrush School, El Cerrito
F. 2010-11-27 Oakland ID would double as debit card Oakland City Hall
G. 2010-04-19 Civic Walk housing project loan Jefferson and 14th street, Oakland Downtown
2010-04-16 2 banks closed in Bay Area San Rafael
I. 2010-03-27 Tax Measures To Reduce Deficit Oakland City Hall
J. 2009-09-14 Mortgage Lender Gets Prison For Fraud Concord

Windrush School faces seizure by bank   El Cerrito: A private school has given parents two weeks to come up with nearly $1 million or force its 165 students to find new schools by Oct Oakland ID would double as debit card
Warriors arena to be named Chase Center ó bank buys naming rights  San Francisco: 3 years before their new arena is set to open, the Warriors have reached a naming-rights deal with financial powerhouse JPMorgan Chase Texas billionaire buys Richmondís Mechanics Bank  The bank, which started in 1905 by cashing paychecks for county railroad workers, is passing into the hands of Gerald J. Ford of Dallas Protesters crowd around Wells Fargo


year 2016 Top ^

Jan.27


year 2014 Top ^

Sep.30


year 2011 Top ^

Nov.5
  Oakland Downtown: A branch is not letting customers in as protesters crowd the entrance to condemn what they're calling investments in immigrant detention centers
Sep.30


year 2010 Top ^

Nov.27
  Oakland City Hall: City is moving forward with plans for a municipal identification card, the first in the U.S. that would double as a debit and ATM card

Apr.19
Apr.16
  San Rafael: The FDIC seized Innovative Bank, based in Oakland, with about $269 million in assets; and Tamalpais Bank of San Rafael, with $629 million
Mar.27 Tax Measures To Reduce Deficit  Oakland City Hall: City officials are considering asking residents to approve two tax measures to help close about half of the projected $42.6 million budget deficit

year 2009 Top ^

Sep.14 Mortgage Lender Gets Prison For Fraud  Concord: Cheryl Hernandez Camus was sentenced to 63 months after pleading guilty in 2008 to 5 counts of wire fraud and 2 counts of mail fraud Jul.1 Bank of the West heads east
  San Francisco: Bank has inked the largest local office deal of the year, signing a lease for 240,000 square feet at Bishop Ranch for 1,600 employees


year 2008 Top ^

Nov.20 WAMU to eliminate 1,600 jobs in Bay Area
  SF Downtown: Washington Mutual, sold to JPMorgan Chase, will shutter its Pleasanton campus and cut hundreds of SF positions Jul.28 4 Indicted In $20M Mortgage Scheme  Pleasant Hill: 2 real estate agents and a married couple who ran nursing homes are facing federal charges alleging the four defrauded several banks May.29 Bank Facing Questions Over Lending
  Oakland: Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods
May.20 Wachovia Faces Questions Over Lending  Oakland: Some housing advocates are complaining about the way World Savings sold many of its loans during the housing boom May.3 Residents ask banks to renegotiate loans  Antioch: About two dozen people protested outside the branches of Countrywide, Wachovia and Washington Mutual Jan.16 Bill Clinton calls for foreclosure aid in city
  Oakland City Hall: Former President said that the feds needs to help cities bail out homeowners facing foreclosure before the economy unravels from a mortgage crisis Jan.8 Upset about loan attacks bank employees  Berkeley: 25-year-old is in custody after he ransacked a bank and attacked its employees with a knife when he grew upset about his student loan

year 2007 Top ^

Nov.13 E-Loan to cut 410 jobs  Pleasanton: 410 of the roughly 925 jobs at its headquarters will be eliminated because problems in the housing industry Sep.19 County has most foreclosure
  Contra Costa County: 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 Jul.20 Crisis Puts 80 Bay Area Homes On Auction  Concord: 80 homes will go on the auction block at the Concord Hilton as result of Mortgage Crisis May.4 Feds To Pay For MacArthur Maze Repairs  Oakland: Sen. Boxer visited the site to assure Bay Area commuters the money is there Apr.25 Oakland ranks 22nd in foreclosures  Of the country's top 100 metropolitan areas, Oakland is 22; San Jose is 59th; San Francisco is number 78

year 2002 Top ^

Nov.19 B of A Slashes more than 200 Jobs
  Concord: Most of the layoffs are at the information technology division




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Warriors arena to be named Chase Center ó bank buys naming rights  San Francisco: 3 years before their new arena is set to open, the Warriors have reached a naming-rights deal with financial powerhouse JPMorgan Chase Protesters crowd around Wells Fargo




East Bay, Financial Financial Timeline ... See Bay Area Financial timeline, World Financial timeline Top ^
2016
Jan.27
2011
Nov.5
  Oakland Downtown: A branch is not letting customers in as protesters crowd the entrance to condemn what they're calling investments in immigrant detention centers
Sep.30 Windrush School faces seizure by bank   El Cerrito: A private school has given parents two weeks to come up with nearly $1 million or force its 165 students to find new schools by Oct 2010 Nov.27 Oakland ID would double as debit card
  Oakland City Hall: City is moving forward with plans for a municipal identification card, the first in the U.S. that would double as a debit and ATM card
Apr.16 2 banks closed in Bay Area
  San Rafael: The FDIC seized Innovative Bank, based in Oakland, with about $269 million in assets; and Tamalpais Bank of San Rafael, with $629 million
Mar.27 Tax Measures To Reduce Deficit  Oakland City Hall: City officials are considering asking residents to approve two tax measures to help close about half of the projected $42.6 million budget deficit 2009 Sep.14 Mortgage Lender Gets Prison For Fraud  Concord: Cheryl Hernandez Camus was sentenced to 63 months after pleading guilty in 2008 to 5 counts of wire fraud and 2 counts of mail fraud Jul.1 Bank of the West heads east
  San Francisco: Bank has inked the largest local office deal of the year, signing a lease for 240,000 square feet at Bishop Ranch for 1,600 employees
2008 May.29 Bank Facing Questions Over Lending
  Oakland: Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods
May.20 Wachovia Faces Questions Over Lending  Oakland: Some housing advocates are complaining about the way World Savings sold many of its loans during the housing boom May.3 Residents ask banks to renegotiate loans  Antioch: About two dozen people protested outside the branches of Countrywide, Wachovia and Washington Mutual Jan.8 Upset about loan attacks bank employees  Berkeley: 25-year-old is in custody after he ransacked a bank and attacked its employees with a knife when he grew upset about his student loan



East Bay, Financial Merger and Acquisition Timeline ... See Bay Area Merger and Acquisition timeline, World Merger and Acquisition timeline Top ^
2014 Sep.30 Texas billionaire buys Richmondís Mechanics Bank  The bank, which started in 1905 by cashing paychecks for county railroad workers, is passing into the hands of Gerald J. Ford of Dallas



East Bay, Financial Construction Timeline ... See Bay Area Construction timeline, World Construction timeline Top ^
2007 May.4 Feds To Pay For MacArthur Maze Repairs  Oakland: Sen. Boxer visited the site to assure Bay Area commuters the money is there



East Bay, Financial Real Estate Timeline ... See Bay Area Real Estate timeline, World Real Estate timeline Top ^
2010 Apr.19 Civic Walk housing project loan   Oakland Downtown: Oakland City Council is scheduled to decide whether to lend $5 million to the developers who bought the property last year 2008 Jul.28 4 Indicted In $20M Mortgage Scheme  Pleasant Hill: 2 real estate agents and a married couple who ran nursing homes are facing federal charges alleging the four defrauded several banks Jan.16 Bill Clinton calls for foreclosure aid in city  Oakland City Hall: Former President said that the feds needs to help cities bail out homeowners facing foreclosure before the economy unravels from a mortgage crisis 2007 Sep.19 County has most foreclosure  Contra Costa County: 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 Jul.20 Crisis Puts 80 Bay Area Homes On Auction  Concord: 80 homes will go on the auction block at the Concord Hilton as result of Mortgage Crisis Apr.25 Oakland ranks 22nd in foreclosures  Of the country's top 100 metropolitan areas, Oakland is 22; San Jose is 59th; San Francisco is number 78



East Bay, Financial Job Cut Timeline ... See Bay Area Job Cut timeline, World Job Cut timeline Top ^
2008 Nov.20 WAMU to eliminate 1,600 jobs in Bay Area  SF Downtown: Washington Mutual, sold to JPMorgan Chase, will shutter its Pleasanton campus and cut hundreds of SF positions 2007 Nov.13 E-Loan to cut 410 jobs  Pleasanton: 410 of the roughly 925 jobs at its headquarters will be eliminated because problems in the housing industry 2002 Nov.19 B of A Slashes more than 200 Jobs  Concord: Most of the layoffs are at the information technology division