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Good news for government, business and other crooks in Massachusetts. The New York Times is threatening to shut down the Boston Globe. See The Globe's page one story today. Ah, the joys of being part of a publicly traded company in the age of impatient (and sometimes paid-off) stock analysts, desperate creditors and copyright infringement! My guess is that The Times may have a possible buyer for The Globe but that as a condition for buying the paper The Times must strip down the cost structure first. XXX XXX -- Johann Georg Bergmueller (1688-1762) King Midas listens attentively to Pan. Harvard can be a tough place. The Boston Globe reports that Iris Mack, an investment manager for the World's Richest University, complained in 2002 to then-President Lawrence Summers that the university's investment company was taking undue risks in managing the money. She was fired later that year for making such impolitic complaints. Mr. Summers was one of the leaders who in the second Clinton administration pushed against regulating the assorted derivatives that have helped get us into the financial crisis, which has lost Harvard billions in endowment money. So much for the spirit of free inquiry and speech. And you're a genius until you're not.
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The magazine cited the city's income growth and culture, low crime and low unemployment. The Forbes Magazine-connected Web seems to like Portland's cobblestoned Old Port area the most. Washington, D.C., suburb Bethesda, Md., came in second, by the way. Parts of Bethesda looks a little like a New England town -- Custer Road neighborhood, for instance. XXX
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So lobstermen are selling the rope to a nonprofit foundation, the Maine Float-Rope Co., which will make multicolored hand-woven doormats the money from whose sale will be used for environmental projects. That is, until they run out. XXX Notable news coming? CommentsLeave a comment |
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I think saying Bethesda looks like a little New England town is a bit of a misnomer. There are 11 story high rises, huge banks, and a real downtown city feel. There is one neighborhood that give a smaller feel, but for the most part you couldn't tell Bethesda from DC.
This is a panorama of the downtown:
http://static.panoramio.com/photos/original/106935.jpg
Thanks.
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