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Issue of January 9, 2006 |     |
Crossing OverRecent reports that seven developers had put in bids to purchase – and, in all probability, redevelop – the landmark Filene’s building at Boston’s Downtown Crossing were met with mixed emotions by those of us here at Banker & Tradesman. Go Fourth and Prosper Boston Mayor Thomas Menino was sworn in for a fourth term last week, choosing to downplay a recent surge of violence and some economic uncertainty and promote what he sees as one of the city’s strengths: its neighborhoods. A Resilient City Eyes the Future By Stuart Pratt Boston is one resilient city. This particularly is true when it comes to our local economy, and especially the commercial real estate market. Putting Your Money Behind Tolerance Is a Good Investment By Jim Miara The beginning of a new year is a hope-filled time when good intentions float around like snowflakes on an early winter day, ubiquitous and dazzling, only slowly descending to the still-warm pavement. At this optimistic time, it’s good to remind ourselves that virtue is not a sucker’s bet and, its warm-and-fuzzy attributes aside, it actually has the potential to turn into cash. Massachusetts, I predict, is primed for a windfall. Yield Curve Inversion to Give Savers, Borrowers Pause in 2006 By Eileen Alt Powell The yield curve turned upside down in late December, leading some financial experts to suggest that consumers need to re-evaluate their saving and borrowing strategies in the new year. Check and Balance The Banker and Tradesman's political cartoon. |
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