Roger Conant, who spoke first at a forum Monday evening to discuss the subprime crisis, got right to the point. The nation, he said, is in the midst of a gigantic transfer of wealth from Main Street to Wall Street. Read more…
Small tax-exempt nonprofits historically have flown under the Internal Revenue Service’s radar, but that’s changing. Read more… By Scott Russell
The Charities Review Council is changing its accountability measures and some of the proposed standards could become hot potatoes in the nonprofit community. Read more… By Scott Russell
Another economic stimulus?Sen. Amy Klobuchar thinks that’s part of the answer to fixing the ailing economy — more help from the government and nonprofits targeted at the troubled housing industry.But how? Read more… By Dave Beal
When the Twin Cities Housing Development Corporation has a board opening, it struggles to find volunteers with the financial and real estate savvy needed to help guide multimillion-dollar housing deals.Last year, TCHDC executive director Barbara McQ
So far, the 21st Century has spawned a rich repository of scandals and scoundrels, with many more on the way. Starting in 2002 with the popping of the tech stock bubble, we witnessed a proliferation of corporate stumbles.
Beware the Minnesota Department of Revenue’s “randomly selected audits.”Such an audit concluded that the nonprofit White Bear Center for the Arts owes more than $5,600 in back sales taxes on four years of fundraising events.
Sandra Breed, a member of Elk River Central Lutheran Church, walked into the Minnesota Secretary of State’s Office on March 19, paid $70, and incorporated B.A.S.I.C.
Twin Cities brokers, money managers and financial advisers were riveted to their television screens, computer monitors and telephones Monday, in the wake of the takeover engineered by the Federal Reserve of the Bear Stearns investment firm.
It didn’t take long for Chuck Slocum to strike up a few conversations when he arrived Tuesday at the Summit on Corporate Volunteerism in Manhattan.”The first five people I met had Minnesota connections,” he says.That’s not surprising.
Investors let out a cry of relief Tuesday after stocks rebounded from steep declines recorded in early trading.
The broad market indexes have been hammered since the start of the year.
In a high-profile ceremony at its headquarters today, Carlson Cos.
My dream for the new year is that Wall Street will park its penchant for creating exotic securities.
Slower growth, but no recession.
That’s how the Federal Reserve Bank of Minneapolis thinks the new year will play out in its far-reaching territory, which stretches from Michigan’s Upper Peninsula to the western border of Montana.
Tobias Madden an
At the state Capitol today, an international union unveiled elements of a national campaign to shed more light on the workings of private equity firms.
The bad news for homeowners is still the good news for investors at Minneapolis-based Dolan Media.
The company’s stock has become one of the splashiest new issues to hit the market this year, thanks in part to its booming mortgage foreclosure busin
What about that great stock you just want to hang onto forever?