Word: businessese
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CareOne, a for-profit company (customers pay a monthly fee) based in Columbia, Md., got 65,000 calls seeking help in January and 64,000 in February. Those numbers are up more than 15% from a year ago, Croxson said, but the really dramatic changes are in the composition of...
Naturally, executives for Xanadu, which has been beset by prior delays and cost overruns, offer a different spin. "It's not like people aren't looking to recreate," says Larry Siegel, president of Xanadu. "They are. But people may not be able to rent that house on the beach or...
Massachusetts Gov. Deval L. Patrick ’78 announced on Friday that $437.9 million from President Obama’s stimulus package is targeted for state transportation projects. According to a press release on Patrick’s official Web site, approximately $153 million of that amount will be...
“I just don’t think we should be funding for-profit businesses,” she said.
What's more, IndyMac is only one of four financial firms to have effectively been nationalized during the current financial crisis. Among that group, which also includes Fannie Mae, Freddie Mac and AIG, only IndyMac has been returned to private ownership. The others seem a long way off from a...