
Hedge Hogs
Investors look to recoup losses from the Great Recession
Hedge funds are back. Worries about European debt crisis, war in the Middle East and the potential for rating agencies to downgrade America’s treasuries have rattled shareholders. But those fears haven’t held back investors from pouring record amounts of capital into the cowboy country of largely unregulated, nontransparent funds.

Dilution Solution
The future of retirement for public employees
Looking back, it’s easy to see how some local government pension plans wound up underfunded. As described in last month’s issue, much of the blame goes to generous legislation passed during California’s boom cycles.

Lost and Fund
Counties hold off on muni bonds due to uncertainty
After a jarring sell-off and resulting glut, there’s just one word for today’s municipal bond market: precarious.

Trust Worthy?
Cognitive impairment claims challenge real estate plans
Lesli Pletcher’s parents were not extravagantly wealthy by any stretch of the imagination. However, true to form of a couple raised during the Great Depression, they were frugal and financially cautious so that, by the end of their lives, they had amassed a substantial estate capable of easily sustaining Pletcher’s father in his $9,000-a-month Alzheimer’s care facility.

A Slow Pace?
Some programs for green retrofits remain in limbo
There’s a lot of legal hubbub in California surrounding Property-Assessed Clean Energy programs. Also known as PACE, the programs could be headed for troubled waters.

Cash Advance
Small businesses secure big loans through the SBA
Bob Grandinetti needed $400,000 — fast.

Out of Pockets
City leaders urge communities to brace for this year's budget shortfalls
It’s no secret that city leaders have cut jobs, programs and services as quickly and responsibly as possible in response to economic malaise. But the numbers still fall short of filling growing budget gaps in jurisdictions across the region.

Billable Solution
When attorneys and clients negotiate fees
Stop me if you’ve heard this one: A lawyer dies young and arrives at the Pearly Gates.
“There must be some mistake!” he wails. “I’m only 31!”
St. Peter consults the records and disagrees. “Judging by the number of hours you’ve billed, you’re at least 73.”

Tap That Asset
The trade-offs of traditional credit vs. asset-based financing
Asset-based lending can be more expensive than a bank loan or line of credit, but for some it may be the best choice, providing flexibility and cash flow when others won’t.

Full House
Have casinos reached market saturation in the Capital Region?
Red Hawk Casino opened in December, just weeks after economic woes sent the stock market plunging. The launch of the new venue just off Highway 50 coincided with a sharp drop in gross gaming revenue at Nevada’s Lake Tahoe casinos, and California casinos also felt the sting as gamblers gave Red Hawk a try.