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Issue of July 23, 2007 |     |
At The MarginsRobert B. Segal There’s an old saying that if you want to know where tomorrow’s financial problems will be, then all you need to do is look at where banks are lending aggressively today. D’oh! Fourteen U.S. communities named Springfield recently competed for the right to host last Saturday’s much-anticipated premiere of “The Simpsons Movie,” which won’t open in theaters across the nation until Friday. Hazardous Ground As detailed in a story on Page 14 of this issue of Banker & Tradesman, even the most common-sense notions may become hopelessly convoluted when being translated into legislation. Tax Relief and Competitiveness Ronald A. Homer The state Legislature can set the stage to enable much-needed residential property tax relief throughout the commonwealth by adopting the key elements of the Municipal Partnership Act before it adjourns at the end of this month. Passing the Buck Is No Answer to Industry Problems By Jack Conway Over the past 24 months several dozen of the biggest subprime mortgage lenders in the world have gone bottoms up. Say Goodbye to Easy Money With Credit Conditions Worsening Rachel Beck Say goodbye to easy money – and watch out for the far-reaching effects. Check and Balance Banker & Tradesman's political cartoon. |
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