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...Jersey swampland. The turnover targets were perhaps "more aggressive than people think they should have been," but he says, "Life is too short for us to have done this, with this small a part of our portfolio, if we didn't actually think we were doing the right thing. Whether or not we executed as perfectly as we could - I'm sure that we made mistakes - our true intention here was to make money by doing good...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

Others are inclined to give big investors the benefit of the doubt. "If people are really stretching the law - doing outright harassment to remove tenants - that's not a good thing, but I don't think that most big institutional investors knowingly will target deals like that or knowingly target deals with partners where they think that might happen," says Andy McCulloch, senior residential analyst with Green Street Advisors, a property research shop...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...Health care - that's what motivated me," Penney said. "The health care thing pushed me over the edge." President Barack Obama's effort to transform the nation's health care system was indeed cited by many of the Brown voters I talked to on Main Street. And therein lies a bitter irony: universal health care was the cause that meant more than any other to the late Senator Ted Kennedy, whose seat will be filled by this special election. Further, Massachusetts is the state that has come closer to achieving it than any other, with a 2006 law that...

Author: /time Magazine | Title: The Democrats Hold Their Breath in Massachusetts | 1/19/2010 | See Source »

...Brown told the crowd in North Andover that this election is a chance for Massachusetts to "send a message." One thing that voters can know for certain as they go to the polls on Tuesday: they have gotten Washington's attention...

Author: /time Magazine | Title: The Democrats Hold Their Breath in Massachusetts | 1/19/2010 | See Source »

...Despite the twists and turns in the dispute, one thing is for certain: a minirevolution is taking place in the French wine industry. Some wine makers argue that the French have for too long clung to a romanticized notion of terroir and a convoluted labeling system, the appellation d'origine controlée (AOC), which makes it difficult for consumers to figure out that a Domaine des Comtes Lafon Volnay Santenots-du-Milieu Premiere Cru is a Burgundy wine - let alone a pinot noir. "This is myopic marketing," says Jean-Claude Mas, a wine maker in the southern region...

Author: /time Magazine | Title: Kiwi Cuvée: The Next Generation of French Wines | 1/18/2010 | See Source »

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