Newsflash Dec. 13, 2012
December 13, 2012
Gannett New York Network
(12-11-12) A year after it was first unveiled, a panel tasked with brainstorming long-term fixes for New York’s tax code is beginning to take shape.
Former state Comptroller Carl McCall and Peter Solomon, the founder of New York City-based investment advisory firm Peter J. Solomon Company, have been tapped by Gov. Andrew Cuomo to co-chair the New York State Tax Reform and Fairness Commission, according to a list obtained by Gannett’s Albany Bureau. The commission was formed as part of a December 2011 deal to tweak the state’s tax brackets, an agreement that came while Cuomo and the Legislature were under pressure to prevent an added tax on the state’s top earners from expiring at the end of the year. That deal included a new bracket for those making more than $2 million annually, which expires at the end of 2014. Cuomo named ten people to the panel, including Deborah Wright, President and CEO of Carver Bancorp Inc. and Carver Federal Savings Bank.
“Three Michaels: A Berkeley Conversation”
(12-10-12) Authors Michael Chabon, Michael Lewis, and Michael Pollan appeared at the Berkeley Rep in “The Three Michaels: A Berkeley Conversation,” to help enable the creation in Oakland of a tutoring and creative writing center for East Bay youth, dedicated to supporting students with their writing skills and to helping teachers inspire their students to write. Berkeleyside’s “Three Michaels: A Berkeley Conversation” is being supported by One PacificCoast Bank, founded in 2007 by Tom Steyer and Kat Taylor “to be a force for good,” according to Taylor who is the bank’s CEO. “We want to be a model for how banks should operate, as it’s clear many banks have been responsible for unholy damage,” Taylor says, citing the mortgage crisis and the destruction of rain forests as examples.
Southern Bancorp Mission News
(12-7-12) While parts of the country continue to see slow but steady economic recovery, many of the markets Southern Bancorp serves are still struggling. But Southern is striving to provide its customers and communities with the support and financing needed to accelerate economic recovery. For example, in its Mississippi markets, Southern recently launched several innovative small dollar loan products. They've also partnered with the Clarksdale Municipal School District to provide teachers with loans to help them achieve National Board Certification and have pioneeered a payday loan alternative product to provide a non-predatory alternative to the payday lenders. Additionally, Southern's bank and nonprofit partnership with Coahoma County continues to strengthen and yield tangible progress. The Coahoma County Delta Bridge Project, a comprehensive development initiative led by residents of Coahoma County and supported by Southern, launched about two years ago. Since then, over $2 million in new investments have been attracted in support of the goals outlined in the strategic plan.
National Community Investment Fund - Senior Analyst, Social Impact Evaluation and Investments (Chicago, IL)
NCIF is currently seeking a Senior Analyst – Social Impact Evaluation and Investments. The successful candidate will support the Chief Executive on the following key activities of NCIF: social performance metrics and research, financial analysis, marketing and communications, and other related activities. Full details available here.
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