Management

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The Competitive Advantage To Being Black

Diversity just doesn’t address the issues associated with blacks in corporate America,” says a black male vice president with a major financial institution in New York City. “When you unravel...

Feeling the Pinch

Encumbered with ballooning labor costs and years of recurring debt that led to a $16 million budget shortfall amid a looming recession, the cash-strapped San Francisco Bay Area suburb of Vallejo sought shelter from its financial woes via a recent Chapter 9 bankruptcy filing. But some governmental experts worry that Vallejo's May 23 filing could be a more common option for local government bodies nationwide that struggle to maintain financial solvency.

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