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Grand Prix takeover stalled as deadline looms
As a deadline set by city officials draws near, leaders of the beleaguered company that organized the inaugural Baltimore Grand Prix have yet to finalize plans for restructuring the business or paying debts to the city.
City officials gave Baltimore...Tags: Stephanie Rawlings-Blake, Oriole Park at Camden Yards, Democratic Party, Labor Legislation, Martha's Vineyard
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Wall Street antics endanger capitalism
Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it's busily shredding new regulations and making the public more distrustful than ever.
The Street's biggest lobbying...Tags: Finance, Citigroup Incorporated, Philosophy, Warren Buffett, Justice System
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Let some other city have the grand prix
Baltimore City's current financial distress is caused in large part by the bleeding of population to surrounding counties and elsewhere and the exodus of Baltimore based businesses that have followed the population migration. A financially successful...Tags: Grand Prix of Baltimore
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A grand mess
The Baltimore Grand Prix's problem was not that the city didn't do enough to subsidize the race but that an inexperienced and unwieldy management group overpaid for goods and services and underestimated the amount of capital it would need to cover first-...Tags: Commuting, Finance, Stephanie Rawlings-Blake, Grand Prix of Baltimore, Labor Day
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Budgeting is a drag, but online personal financial management sites make the chore easier
Online budgeting sites aim to take the tedium out of money management, and the latest entry even tries to make a game of it with cash prizes. Budgeting is such a turnoff that some financial professionals won't even use the term with clients. But some...Tags: Restaurants, Social Media, Finance, Ice Hockey, Consumers
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Staff Q&A: Which wealthy person would you like to steal from?
In “Tower Heist,” opening Friday, a group devastated by a failed Ponzi scheme conspire to rob a businessman’s high-rise. In preparation for the new flick, we asked our staff which unsuspecting individual they would you like to steal from...Tags: Kim Kardashian, Corporate Crime, Arianna Huffington, Donald Trump, George Clooney
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New Grand Prix chief is racing fan and driver
Construction magnate and self-described "gearhead" Dale Dillon has built offices for high-speed racing teams, laid tracks for IndyCar contests in two cities and, despite having only one leg, raced open-wheeled cars competitively around the country.
Now,...Tags: Finance, College Sports, Oriole Park at Camden Yards, Cancer, Fort Lauderdale
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You don't need to occupy Wall Street to know it's out of control
This week, President Obama travels to Wall Street, where he'll demand -- in light of the Street's continuing antics since the bailout, as well as its role in watering down the Volcker rule -- that the Glass-Steagall Act be resurrected and big banks be...Tags: American International Group, Banking, Finance, Morgan Stanley Dean Witter & Company, Democratic Party
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Grand Prix organizers seeking candidates for CEO position
Leaders of the financially-strapped company that produced the Baltimore Grand Prix have been interviewing candidates to take the helm of the group, officials said Wednesday.
"Believe it or not, there are several people who have expressed interest,"...Tags: William H. Cole IV, Maryland Stadium Authority, Corporate Officers, Grand Prix of Baltimore
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Community banks deserve support, too
I read with interest Peter Yarrow's recent opinion piece in The Sun ("Tell the banks 'no thanks,'" Nov. 4).Though I certainly get his point about providing the public sound options in support of their banking needs, he threw smaller community banks...Tags: American International Group, Banking, Lehman Brothers Holdings Inc., Bank of America Corp.
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Retailers will kick off Black Friday on Thursday
As retailers prepare for the traditional start of the holiday season this coming week, some of the nation's biggest chains plan to pre-empt Black Friday with shopping hours and special events on Thanksgiving Day — a move that has triggered a spate...Tags: Thanksgiving, Best Buy Co., Inc., International Travel, Consumers, Blu-ray Discs
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State places lien against Grand Prix company
The state has threatened to seize assets of the company that runs the Baltimore Grand Prix to recover nearly $600,000 in unpaid taxes, the Maryland Comptroller's Office said Monday.
"We don't want to take anybody's business," said Caron Brace, a...Tags: William H. Cole IV, Finance, Maryland Stadium Authority, Corporate Officers, Stephanie Rawlings-Blake
Dec 28, 2011
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Nov 19, 2011
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Nov 21, 2011
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