AltWeeklies Wire
UVA Endowment Takes Nasty Hit as Economy Faltersnew
The university's multibillion dollar investments, which include the endowment, lost $600 million, or 11 percent, in the first quarter of the fiscal year. By mid-October, the policy benchmark had declined by another 20 percent.
C-Ville Weekly |
Chiara Canzi |
11-12-2008 |
Education
Connecticut's Millionaires Can Breathe Easynew
Despite a projected $1 billion deficit, Gov. Jodi Rell remains "uncomfortable" with hiking taxes on the very wealthy.
New Haven Advocate |
Andy Bromage |
11-11-2008 |
Economy
Dirty Secrets of the Real Estate Collapsenew
There's lots of blame going around for this economic crisis. How we got here was simple: too much credit and too much debt for too many years. But why are hard-working people, many Hispanic, losing their houses?
Reno News & Review |
Madeline Zook |
11-07-2008 |
Housing & Development
Hanging with Trust-Fund Satanists After the Stock Market Crashnew
It may seem strange to worry about unemployed weirdos who have a safety net. But the reality is they are responsible for untold artistic extravagances. Who will produce the cult films, pay for vinyl pressings, or publish slick artsy zines?
New York Press |
Matt Harvey |
11-06-2008 |
Economy
Public Transit Agencies May Pay Billions for Risky Deals with Bankersnew
San Francisco is suddenly at risk of paying $140 million to bankers who six years ago convinced the city to use its Muni trains in a $1 billion sham tax shelter. Cities such as Los Angeles, Washington, D.C., and New York are suddenly facing similar potential payouts.
Young Canadians Taking on Record Levels of Debtnew
In an era of stagnant incomes, young Canadians depend on credit to pursue a bare-bones, middle-class life. So are Canada's young borrowers headed for a crisis?
The Georgia Straight |
Pieta Woolley |
11-04-2008 |
Economy
South Carolina Congressman Blames Minorities for Banking Crisisnew
Although last Wednesday's debate between Rep. Henry Brown and his Democratic challenger Linda Ketner lacked the sparks of their previous encounter, the face-off was notable for how Brown blamed poor minorities for the financial crisis.
Charleston City Paper |
D.A. Smith |
10-30-2008 |
Economy
Is There a Foreign Policy Bright Side to the Economic Crisis?new
The sinking economies of the West are dragging the price of oil down with them. For car-driving Americans, lower fuel prices mean a few extra bucks in our pockets each week. That's good news. Even better news: Lower oil prices mean a few extra billion dollars not pouring into the bank accounts of oil-rich countries like Venezuela.
Creative Loafing (Atlanta) |
Andisheh Nouraee |
10-29-2008 |
International
Henry Paulson's Power Grabnew
The new and revised bailout plan will likely be offered to every U.S. bank with more than $500 million in assets, financial experts say.
How'd we get here? Essentially by making Treasury Secretary Henry Paulson God.
Creative Loafing (Charlotte) |
Tara Servatius |
10-29-2008 |
Economy
Advocates Worry About Landlord Foreclosures' Impact on Tenantsnew
The Pennsylvania statute governing tenants' rights during landlord foreclosure or a tax sale is a tricky little block of legalese.
Pittsburgh City Paper |
Adam Fleming |
10-28-2008 |
Housing & Development
Kicking Oil in the Cannew
Consumers have saved billions during the last gas crisis.
Pasadena Weekly |
Jennifer Hadley |
10-27-2008 |
Transportation
Global Warming in a Time of Economic Meltdownnew
The credit crisis threatens progress on the energy/global warming front, since the needed major research and development on renewable energies, as well as the needed new infrastructure, require credit which has become very scarce. But the world cannot afford a time out.
Santa Barbara Independent |
Walter Kohn, Alan Heeger and Herbert Kroemer |
10-27-2008 |
Environment
Contemplating a Charlotte Without Wachovia or Bank of Americanew
Why are we building a center city for the future on a banking industry model of stability that died in the 1980s?
Creative Loafing (Charlotte) |
Tara Servatius |
10-21-2008 |
Economy
Paper Mill Closing Leaves One Wisconsin Town Fighting for Its Lifenew
The struggle over the NewPage paper mill in Kimberly, Wisc., underscores the larger pattern of hurt in the heartland.
Isthmus |
Roger Bybee |
10-20-2008 |
Business & Labor
When it Comes to Banking, Bigger Might Not be Betternew
As a voter, investor, and reporter, I feel like this whole bailout bill (or "rescue bill" as some were calling it) and financial crisis is a huge mismatch, and I'm scrambling but not catching up.
The Memphis Flyer |
John Branston |
10-20-2008 |
Economy
