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Morning Wrap: 6/21/12

Thursday, June 21, 2012

Anger on Telegraph Hill over a new Coit Tower proposal, Deborah J. Saunders says the city’s political establishment is piling on Ross Mirkarimi, plus a Bay Area mortgage re-fi boom, more.

  • Low interest rates and rising home prices have sparked a surge of mortgage re-financings across the Bay Area. Mercury News
  • The Chronicle’s Deborah J. Saunders says suspended sheriff Ross Mirkarimi is the victim of a prosecutorial pile-on.
  • Neighbors around Telegraph Hill are upset that the city is considering opening up Coit Tower to private events once a month. Chronicle
  • Former Silicon Valley hedge fund manager Albert Ke-Jung Hu was convicted by a San Jose jury of bilking investors out of millions of dollars. Mercury News
  • Alameda County chief probation officer David Muhammad, on paid leave since being accused of sexually assaulting a female deputy earlier this year, has agreed to resign this summer. Chronicle

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