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Issue of May 8, 2006 |     |
Double DutyBoston’s affordable housing crisis is becoming increasingly unaffordable for developers. Mayor Thomas Menino recently announced a double increase in fees that developers sometimes pay in lieu of including affordable units in their market-rate projects. Wrong Way A recent proposal to make the Rose Kennedy Greenway home to a memorial for Armenian genocide victims is getting a yellow light from planners, committees and concerned members of the community. Housing Set for Spotlight By Thomas M. Callahan On June 2, the race for governor will finally take shape. On that day, Democratic convention delegates in Worcester will vote to see if Deval Patrick, Tom Reilly and Chris Gabrieli all make the September ballot. Community Banking Is Back: Small Banks Thrive as Big Banks Merge By Sushil K. Tuli In the last 10 years there is no doubt that the banking industry has experienced significant consolidation, particularly in New England. BayBank, BankBoston, FleetBoston, Bank of America … and that’s just one sequence of acquisitions. Multinational corporations have aggressively pursued acquisitions as a means to grow in new territories. Despite massive ATM networks, more advanced technology platforms and a wider array of services that the bigger banks can offer, small community banks continue to thrive in Massachusetts. Building on Success of State’s Historic Tax Program By James W. Igoe On Beacon Hill, lawmakers will soon address the findings of the joint House and Senate conference committee concerning the long-awaited economic stimulus package. Check and Balance Banker and Tradesman's political cartoon. |
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