Foreclosures Lead to EC Fines

The Atlanta Business Chronicle reports that in Georgia banks are facing stiff environmental fines for housing developments that have been foreclosed on. The problem stems from foreclosures that occurred mid-construction. As banks reclaimed land, the dirt piles left on site become serious runoff risks. The fines are coming back on the banks. (NOTE: Subscription required for access to the full article but a partial article has been posted freely.)