Business

Chip Jones
Feds Nab Subprime Players

NEW YORK — Two former Bear Stearns managers were arrested Thursday on securities fraud and other charges linked to the collapse of a hedge fund that bet heavily on subprime mortgages before the market collapsed, federal authorities said.
Continue reading at the New York Times.

Chip Jones
Can Big Brown Stop Horseracing’s Skid?

The performances of Big Brown this spring have horse racing enthusiasts (like me) salivating over the prospect of a successful conclusion to the Triple Crown campaign in the Belmont Stakes this Saturday. But haven’t we gone down this road before?
Continue reading at TheAmerican.com.

Chip Jones
Fed Chief to Harvard: Education Key to Equality

CAMBRIDGE, Mass. — Ben S. Bernanke, the chairman of the Federal Reserve, said on Wednesday that an expansion of education opportunities would help curb the economic inequality that has increased considerably in the last 30 years.
Continue reading at the New York Times.

Chip Jones
Unfriendly Skies: Why Air Service to Small Airports is Disappearing

Earlier this decade, city officials in Hagerstown, Md., started making the case to build a longer runway at their airport to lure service by regional jets, instead of the turboprop planes that provided its only flights.
Continue reading at the New York Times.

Chip Jones
War to Peace? How Green Upgrades Could Cut Carbon, Prime Economy

Building energy upgrades offer our earliest, biggest chances to cut greenhouse gas emissions. And they produce another dividend: lots of blue collar jobs including electricians, carpenters, drywall contractors — the list goes on and on. And these are jobs that can’t be shipped overseas.
 Read more Neal Peirce.

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