Word: freeman
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...Laura A. Freeman ’12, facilities manager of the Lowell House Committee, said her feelings about these restrictions are “kind of mixed...
Local officials have programs in place to help buyers but admit they're frustrated they can't do more. "We want to help families own homes," says Tom Freeman, spokesman for Riverside County's economic-development agency. "We do not want to see outside investors coming in and turning them into rental units." For their part, investors say they are buying up houses in such disrepair that first-time buyers would not be able to secure loans for them - and helping neighborhoods by making these units livable again. "I don't think anybody should have a problem with that," says...
...Vietnamese government's investment arm, the State Capital Investment Corporation, owns 70% of Jetstar Pacific and Qantas owns 27%, until 2007 the airline was fully owned by the Vietnamese government. In other words, Nam, Freeman and Marsilli lost the state a lot of money after investing in fuel futures when oil prices were escalating in 2008, eventually peaking at $147 a barrel in July, before oil prices slumped to a low of just over $30 in December 2008. But Jetstar Pacific wasn't alone in its fuel-hedging bets; other regional airlines such as Cathay Pacific and Singapore airlines also...
...Many analysts worry that the detention of Freeman and Marsilli signals a reversal of the Vietnamese government's widely lauded market reforms. With spiraling inflation and the global financial crisis taking a bite out of the country's crucial export sector, some say government hardliners have responded by rolling back economic and personal freedoms. Late last year, Vietnam blocked Facebook and Twitter and arrested a number of pro-democracy activists. Jetstar Pacific, as the only joint venture domestic airline in Vietnam, could have become a target for conservatives who resent giving up control to the private sector - especially as Jetstar...
...This week, however, the Civil Aviation Administration of Vietnam (CAAV) has drummed up new charges against Jetstar Pacific, in addition to its investigation of Darsilli and Freeman. On Wednesday, state-media reported that Jetstar Pacific had violated maintenance regulations and concealed broken aircraft parts. A Qantas spokesperson said that at all times the planes had met regulatory requirements and that the CAAV brought up only "quality, not safety concerns." Thayer, however, predicts that Vietnam will try and continue to try to find small oversights to "extort" Qantas like they did ABN AMRO more than three years ago. "They just find...