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Issue of April 11, 2005 |     |
World ViewFor professionals whose livelihoods depend on various aspects of real estate, closely following the nuances of the region’s market is essential. Familiarity with such important details, after all, is what allows Realtors, builders, mortgage lenders and other industry practitioners to succeed in competitive arenas, and often it is precisely that knowledge that makes their services valuable to clients. UMass-Boston: Choosing a Chancellor By Ronald A. Homer Next month, University of Massachusetts president Jack Wilson will make one of the most important decisions of his relatively short tenure as head of the state-funded university system. He will recommend to the board of trustees one of three finalists for the position of chancellor of UMass-Boston. The importance of this appointment extends well beyond the school’s Dorchester campus. The new chancellor will also fill an important seat at a table of new leaders that will guide Boston as it navigates its way through the competitive demands of the early 21st century. Fed Rule on Trust-Preferred Securities Good News for Community Banks By Stephen J. Coukos The Federal Reserve Board recently adopted a final rule that generally retains the Tier 1 capital treatment of trust-preferred securities issued by bank holding companies, while also providing for stricter quantitative limits and clearer qualitative standards. The final rule comes nearly a year after the Fed initially issued its proposal to retain the Tier 1 capital treatment of trust-preferred securities in response to issues raised by changes in the accounting treatment of trust-preferred securities and the trusts from which they are issued. Check & Balance Banker & Tradesman's political cartoon. |
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