With Bitcoin booming, Bryan Parker’s idea of using it to uplift Oakland isn’t looking so crazy

Former Oakland mayoral candidate BryanParker says the city missed an opportunitywith Bitcoin for reason greater than finances.OAKLANDAs Oakland voters headed to the polls during the November 2014 mayoral election, the cost of a single Bitcoin was roughly $350. Last December, the astronomical success of Bitcoin saw the cryptocurrency top $19,000. Today, one Bitcoin is worth … Continue reading With Bitcoin booming, Bryan Parker’s idea of using it to uplift Oakland isn’t looking so crazy

San Leandro severs $700,000 investment with Wells Fargo over scandals, pipeline support

SAN LEANDRO CITY COUNCILA rash of banking scandals implicating Wells Fargo, in addition, to its controversial investment in the progressive cause célèbre, the Dakota Access Pipeline, has lead another East Bay city to take steps toward ending its banking relationship with the historic California institution.The San Leandro City Council voted, 6-0, Monday night to divest … Continue reading San Leandro severs $700,000 investment with Wells Fargo over scandals, pipeline support

Larry Reid To Coliseum City Investor: ‘Show Me The Money!’

Larry ReidCOLISEUM AUTHORITY | On Monday, Oakland Councilmember Rebecca Kaplan was effusively thanking investment firm, Colony Capital, LLC, the Coliseum City’s new, well-financed investor when her City Council and Coliseum Authority colleague, Larry Reid, interrupted.“I wouldn’t go out and sing their praises,” Reid chimed in after the Coliseum Authority approved short-term lease agreements with its current … Continue reading Larry Reid To Coliseum City Investor: ‘Show Me The Money!’

Coliseum City Developers Seek One-Year Extension Of Negotiating Agreement

Coliseum City will not only potentially include three sports facilities, but hotel and dining options, along with a science and technology district west of the Interstate 880 freeway.OAKLAND COLISEUM CITY | With the addition of a pair of well-financed investors showing interest in the expansive Coliseum City project, hopes are buoyed the project can keep … Continue reading Coliseum City Developers Seek One-Year Extension Of Negotiating Agreement