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Category Archives: Money

Compton finance department overstated 2015-16 budget numbers

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Compton city manager Roger Haley has his hands full getting the cities financial affairs in order.  This week’s April 26th council agenda reveals the city overestimated revenues and referenced “erroneous” information in the 2015-16 budget. Revenue was overinflated by millions.  Many recall the city controller mysteriously resigning a couple of weeks ago. The city is […]


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Should the city of Compton replace its Successor Agency Director

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In September 2008 the Los Angeles Times revealed the city of Compton entered into an agreement with a crook named Tyrone Freeman.  The deal culminated with the development of the Alameda Court housing development.  The now defunct LONG TERM CARE HOUSING CORPORATION was given city owned land, for $1, and the city is being asked to forgive […]


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Compton electeds to consider forgiving loan due by developer

Members of Compton city council will consider an agenda item, submitted by the Successor Agency, requesting loan forgiveness, for another developer.  Valued at approximately  $2 million dollars, the request is to prevent the property from going into foreclosure and displacing current residents .  Council will also vote on updating their travel policy.


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Connecting Women to Power Business Conference is BACK this June

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Connecting Women to Power Business Conference is an amazing and FREE event that ladies and gentlemen do not want to miss! Expect a day filled with fun, relaxation, endless networking opportunities, and free information and resources to jump start a new venture or propel your current business. There are currently over 800 registrants and we […]


Black hollywood couple owes Black bank millions

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UK based newspaper, Daily Mail Online, is reporting that Hollywood power couple, Duane Martin and Tisha Campbell-Martin, have filed for bankruptcy protection.  Listing debts totalling millions, the Martin’s claim to have less than $500 cash in the bank.  One of their largest creditors is Broadway Federal Bank, listing a loan totaling more than $3 million […]


Foreign investment begins in Inglewood

With the announcement of the NFL coming to the city of Inglewood, speculators believe home values will skyrocket, especially those in close proximity to the stadium site.  The downside to the housing boom will be the gradual displacement of renters.


How to do business with the city of Inglewood

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The City of Inglewood along with the El Camino College Small Business Development Center will host a 2-hour presentation on How to Do Business with the City of Inglewood which will take place on Wednesday, March 30, 2016, from 6:30pm to 8:30pm, at Inglewood City Hall in Community Room A (1st floor).


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