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Repossessing City Hall
http://www.recordnet.com/apps/pbcs.dll/article?AID=/20120601/A_NEWS/206010308/-1/A_OPINIONOnce hailed as a bright hope for city, loss of WaMu a testament to grim money mess
By The Record
June 01, 2012 12:00 AM
"You can't fight city hall" - or so goes the old saying.
But you apparently can foreclose on City Hall - at least in Stockton.
Wells Fargo Bank has once again found success in repossesing a Stockton property after the city skipped bond payments in its attempt to avoid bankruptcy.
A San Joaquin County Superior Court judge gave a summary judgment last Friday that streamlines the process for Wells Fargo to repossess the eight-story Chase Bank building, formerly the Washington Mutual building, at 400 E. Main St. downtown.
