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Stories by Michael Mmay

Frost VP says bank is looking for a good relationship

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…

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…

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…

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…

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…

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