Word: ourly
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This investment trend, which flourished from 2005 until the financial crisis hit in 2008, threatened a cherished pillar of urban policy - affordable housing, which has long been regarded as essential for maintaining vibrant diversity in our cities. The victims are among the huge numbers of Americans (estimated at close to...
Those packaging these investments say they regarded them as aboveboard, though their defense is less than robust. Key players included leading banks in tandem with some of the biggest names in real estate and private equity, none of whom would have missed that high tenant turnover was the main motor...
"I do think it is a problem ... and that's why we are putting our resources to bear to try to correct the problem before it becomes a bigger problem than we can tackle," says Rafael Cestero, commissioner of New York's Department of Housing Preservation and Development. "Ownership of...
Yet the leaders of the two-month Pentagon review, former Army Secretary Togo West and the Navy's onetime top admiral, Vernon Clark, told reporters last week that they didn't drill down into Hasan's motives. "Our concern is with actions and effects, not necessarily with motivations," West said...
The writers follow their incisive criticisms with far-reaching prescriptions. "Understandably galled by IED strikes that are killing soldiers," write Army Major General Michael Flynn, Marine Captain Matt Pottinger and Paul Batchelor of the Defense Intelligence Agency, "these intelligence shops react by devoting most of their resources to finding the...