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...very good economic deal for the developers throughout the 1960s, they almost uniformly provided plazas,” Kayden says. However, he adds that the regulations demanded little of developers. “You could basically slap down some terrazzo in front of your building and collect your 10-to-1 floor area bonus.”By the mid-70s, these new building practices had left a multitude of pointless, unattractive public spaces littered around the city. It was just at this time that a new underground culture was beginning to break out. Skateboarding had begun in California...
...others. On Oct. 13, the nine bank bosses, assembled in the Treasury's imposing boardroom, were each handed a piece of paper with the terms: $25 billion of preferred shares each from Citigroup, JPMorgan Chase, Wells Fargo and Bank of America. In return for the capital, the U.S. would collect a 5% dividend in the first five years. Although Wells Fargo chairman Richard Kovacevich resisted, Paulson gave the bankers no choice. It's partial nationalization, although in announcing the bailout Oct. 14, Paulson deliberately avoided using that term. "Today's actions are not what we ever wanted...
...crisis couldn't come at a worse time: many charities, such as City Harvest, which delivers leftover food from restaurants to the needy in New York City, collect the bulk of their donations during the holiday season, and with unemployment on the rise and 401(k) plans tanking, it's likely to be a blue Christmas. Over the past two years, City Harvest received $100,000 from Lehman alone - one of the charity's Top 5 donors. "We are obviously very concerned," says Jilly Stephens, City Harvest's executive director. "We have the bulk of our fund-raising ahead...
Detectives were able to collect physical evidence from the scene and the vehicle to aid in the ongoing investigation, according to Catalano’s e-mail...
...Heyworth set out to collect signatures for a ballot initiative that would allow some company other than the Big Three to build a pipeline to the south. It was, on one level, a populist end run around some very big companies. And as he made the rounds of small towns seeking support from local officials, he found his way to Wasilla and its then 37-year-old mayor...