Published Wednesday, April 22, 2009 | 11:18 p.m.
Updated Wednesday, April 29, 2009 | 12:33 a.m.
This sounds entertaining: Chicken Ranch brothel owner Kenneth Green has called a news conference for Friday in Las Vegas to demand that politicians do something about illegal prostitution here, which he calls a multibillion-dollar industry.
Joined by the Sin City Chamber of Commerce and a legal prostitute named "Alexis,'' Green said the news conference will be held to announce the formation of Regulated Management LLC, "whose mission will be to launch a public awareness/education program to address the problem of illegal prostitution and crimes associated with it. It will provide a forum for public discussion and a way to demand that politicians find solutions to an unacceptable situation.''
The company noted that prostitution is legal in regulated brothels in many rural Nevada counties and this system "operates successfully, efficiently and generates fees, tax revenue and provides employment to the local municipalities.''
"In Clark and Washoe counties, the two most populous, illegal prostitution is prevalent, evading regulation and taxes while incurring a financial and image burden,'' the company said.
Company spokesman Robert Fisher wouldn't say if Green intends to push for some type of legalized prostitution in Las Vegas.
But the name Regulated Management says it all.
Wells Fargo is getting creative in its efforts to market home loans in Las Vegas.
Wells Fargo Home Mortgage said it's teaming with real estate agents and developers for its Affordable Home Tour event April 25-26 in Las Vegas.
Wells Fargo mortgage consultants will educate prospective home buyers about the mortgage lending process and let them visit some of the more affordable homes on the market during open houses coordinated for the tour. The Las Vegas tour features 45 homes that are priced at or below $215,000.
"We want to show prospective buyers – especially renters – that there are homes on the market priced within their reach. Beyond that, it’s designed to highlight the numerous mortgage options that remain available for first-time homebuyers. Financing options with low- and no-down payment requirements that also have the stability of fixed payments for 15 to 30 years are still very much available," said Milton Dellossier, a regional Wells Fargo mortgage manager.
He also points out there is a new federal tax credit for qualified first-time homebuyers of up to $8,000 -- which does not have to be paid back as long as the buyer keeps the home as a primary residence for three years.