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Investment Service

A collection of news and information related to Investment Service published by this site and its partners.

Top Investment Service Articles

Displaying items 111-121
  • 'Our cash cow died on us'

    About two decades ago, regional and suburban school districts across the Lehigh Valley area began using unconventional and controversial bond transactions to pay for building renovations and new schools. During the same time, the Allentown School...
  • Risky Business

    In 2003, the Bethlehem Area School District was a dozen years and $93 million into renovating every one of its school buildings but had yet to tackle the most expensive projects -- construction of a new Broughal Middle School and renovations at Freedom...
  • Firms reap millions in fees from swap deals

    On a spring night in 2005, Stanley J. Majewski Jr. dazzled the Bethlehem Area School Board with a budget presentation that highlighted how a rise in home sales was triggering "a vibrant local economy" not seen since the fall of Bethlehem Steel a decade...
  • Bethlehem Area School District loses chance to make money on swaps

    It was the summer of 2007 and the Bethlehem Area School District was in the midst of renovating Liberty High School, the most expensive project in the district's 18-year plan to remake its schools into state-of-the-art facilities. As workers breathed new...
  • Venture Capital Investments Up In Connecticut

    Venture capital investments in state businesses more than doubled in the first quarter of 2009, bucking declines nationally but still modest compared to stronger economic times. A total of $37.3 million was invested in five Connecticut companies in the...
  • Others up ante as Md. slots idle

    Others up ante as Md. slots idle
    Even as slot-machine projects in Maryland stall, other states are betting big on expanded gambling. In West Virginia, Charles Town Races and Slots just 75 miles west of Baltimore plans to offer poker, roulette and other table games as early as the summer...
  • Report: 'End all swaps,' then ban them

    Report: 'End all swaps,' then ban them
    The Bethlehem Area School District's use of risky derivatives, combined with a financial adviser who had a stake in making the deals and investment banks that made "huge hidden profits" once the deals were sealed, cost district taxpayers at least $10.2...
  • Tastemakers: Power & Grace

    Tastemakers: Power & Grace
    J.J. Abrams Hollywood Multi-hyphenate, Founder of Bad Robot Productions With blockbusters like Star Trek and Armageddon, not to mention TV series Alias, Lost and Fringe, the producer, director, screenwriter, actor and composer has set himself apart as an...
  • 2 new bids entered for port operating rights

    NORFOLK — Two privately owned firms with substantial financial backing submitted proposals Monday morning to compete for the operating rights of the cargo terminals owned by the Virginia Port Authority. Washington, D.C.-based private equity firm...
  • BASD debt load could be diminished

    The Bethlehem Area School District's debt load could lessen, but the future of the district's finances remains murky because of a risky financing package. Longtime district business manager Stanley J. Majewski Jr., who is retiring, told the school board'...
  • BASD's defense of swap deals falls short

    Bethlehem Area School District administrators have staunchly defended the district's use of variable rate bonds and complex derivatives in its borrowing plan, saying it saved taxpayers $6.3 million. But a report prepared by Stanley J. Majewski Jr., the...