Traverse City Record-Eagle

Archive: Sunday

December 30, 2012

Business briefs 12/30/12

TC year-end report

traverse city — Performance 2012, the City of Traverse City's year-end report, is ready to view on the city's website,

The report highlights many of the biggest accomplishments by the City over the past year. Copies are available at the Governmental Center, 400 Boardman Ave., and at the Traverse City Chamber of Commerce.

Lunch and learn

traverse city — Tim Nelson, president of Northwestern Michigan College, will speak on "Searching for Blue Oceans" from 11:30 a.m. to 1 p.m. Friday, Jan. 11, at the Traverse City Country Club.

Nelson's presentation on innovative ways to create uncontested market space is part of the Traverse City-based Center for Coaching and Leadership Development series of lunch and learn opportunities for local leaders and business owners.

Details and registration information are available at The cost is $25 and the deadline for registration is Jan. 8.

SCORE workshop

TRAVERSE CITY — SCORE is offering a workshop for aspiring entrepreneurs who are interested in starting a new business.

"Are You Ready to Start Your Own Business" will be held on Tuesday, Jan. 8, from 6:30 to 8:30 p.m. in the McGuire Community Room at the main branch of the Traverse Area District Library, 610 Woodmere Ave. Participants will learn about what's required to start a new business or buy an existing business, including an overview on business plans, licensing, regulatory issues, financing and marketing.

The workshop is free, but registration is required. To register, visit More information is available at (888) 796-4913.

No ethics breach

WASHINGTON — The House Ethics Committee said Thursday it found no violations among House members whose mortgage loans went through the VIP section of the former Countrywide Financial Corp., the company whose subprime loans helped cause the foreclosure crisis.

The committee said nearly all the allegations of favored treatment involved loans that were granted so long ago that they fell outside the panel's jurisdiction. The committee added, however, that participation in the VIP program did not necessarily mean borrowers received the best loan deal available — and most lawmakers were not even aware they were placed in a VIP unit.

The actions of unnamed House staff members were harshly criticized.

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