Category: Consolidation

E pluribus sexum: Part 3, Why fight it?

31 January, 2013 (10:00) | Apartments, Consolidation, Innovations, Management, Massachusetts, MEEs, Politics, Public housing, Regulation and Reform, Subsidy |

By:David A. Smith   [Continued from yesterday's Part 2 and the preceding Part 1.]   In the two preceding parts of this post, starting from a short Boston Globe (January 10, 2013) article to introduce Massachusetts Governor Deval Patrick’s proposal to consolidate public housing authorities – out of many, six – and along the way […]

E pluribus sexum: Part 2, Why do it?

30 January, 2013 (10:00) | Apartments, Consolidation, Innovations, Management, Massachusetts, MEEs, Politics, Public housing, Regulation and Reform, Subsidy |

By:David A. Smith   [Continued from yesterday's Part 1.]   Yesterday’s post used a short Boston Globe (January 10, 2013) article to introduce Massachusetts Governor Deval Patrick’s proposal to consolidate the current 242 individual public housing authorities into six regional entities, and at the same time to end the practice of purely local commissioners in […]

E pluribus sexum: Part 1, What to do?

29 January, 2013 (16:10) | Apartments, Consolidation, Innovations, Management, Massachusetts, MEEs, Politics, Public housing, Regulation and Reform, Subsidy |

By:David A. Smith   Every now and then, an elected official pleasantly surprises one, and Deval Patrick has now done it twice: first in December, 2011, by appointing Aaron Gornstein to be Undersecretary of the Department of Housing and Community Development; and a few weeks ago, as reported in the Boston Globe (January 10, 2013), […]

Capturing wallet share: Part 2, too big, or too few?

12 August, 2010 (11:46) | Banking, Consolidation, Finance, Innovations, Saving, US News |

[Continued from yesterday's Part 1.]   By: David A. Smith   Yesterday’s exploration of a Wall Street Journal story on banking concentration asked whether banking concentration was depriving customers of informed choice.    There’s a reason we enacted the 1890 Sherman Antitrust Act   Measured in loans and other assets, Citigroup Inc. and the three […]

Capturing wallet share: Part 1, some get bigger

11 August, 2010 (11:02) | Banking, Consolidation, Finance, Innovations, Saving, US News |

By: David A. Smith   How many banks is enough?  How many are too many?  And how many physical branches should a bank have?    What is convenience when capital has dematerialized?   Those questions lie silently behind a Wall Street Journal article with surprisingly populist overtones:   A City Feels the Squeeze in the […]