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June 21, 2009
2009-06-21 @ 10:32 pm — rc
- Treasury’s Got Bill Gross on Speed Dial (nytimes.com)
Bill Gross, bond fund manager at Pimco which is owned by German insurer Allianz, is one of the private investors whom the Obama administration enlists to help bail out the nation’s ailing banks in order to revive the economy. That effort is known as the Public-Private Investment Program, or P.P.I.P..
- The emperor’s new clothes: If It’s Too Big to Fail, Is It Too Big to Exist? (nytimes.com)
- Trying to Gauge the Real Estate Investment Trust (REIT) Rebound (nytimes.com)
- Frank J. Low, Who Helped Drive Field of Infrared Astronomy, Dies at 75 (nytimes.com)
- Atlanta Is Making Way for New Public Housing (nytimes.com)
American socialism: “… the market can function to create housing and the role of government should be to move people into the market.”
- From the Ashes of ’69, a River Reborn (nytimes.com)
The Cuyahoga River in Cleveland was known as “The Mistake by the Lake” after the river caught fire in 1969. The fire was extinguished in 30 minutes and caused just $50,000 in damage. But it became a galvanizing symbol for the environmental movement, one of a handful of disasters that led to the creation of the Environmental Protection Agency and to the passage of the Clean Water Act.
- Beekeepers Keep the Lid On (nytimes.com)
- NYC Beekeepers Association
- Just Food
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