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August 26, 2016

OP-ED | First Five Report Doesn’t Tell Us Much

by Sarah Darer Littman | August 26, 2016 7:00am

CT.GOV
Curious taxpayers finally got a look at the state Department of Economic and Community Development’s long-awaited analysis of the First Five Plus economic incentive program on Tuesday. The document raises as many questions as it purports to answer.

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August 15, 2016

Malloy Responds To Trump’s Criticisms, Touts Summer Meal Program

by Christine Stuart | August 15, 2016 1:11pm

Christine Stuart photo Republican presidential nominee Donald Trump pulled no punches Saturday when it came to the performance of Connecticut’s Democratic Gov. Dannel P. Malloy.

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June 3, 2016

OP-ED | Lembo Wisely Draws The Line On Crony Capitalism

by Terry Cowgill | June 3, 2016 4:30am

Christine Stuart file photo
The news last week provoked an uneasy mixture of disgust and resignation. Only weeks after the General Assembly passed a budget that included lay-offs of state employees and cuts in services, the state Bond Commission approved $22 million in loans and grants for the world’s largest hedge fund whose chief is ranked ninth on the Forbes 2016 list of hedge fund managers.

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June 1, 2016

Banking Department Says Tribal Payday Lending Companies Don’t Have Sovereign Immunity

by Christine Stuart | June 1, 2016 4:30am

Connecticut’s Department of Banking has concluded that two payday lending companies owned by the Otoe-Missouri Tribal Nation are not protected by sovereign immunity and can be pursued by the department for violating Connecticut’s lending laws.

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May 24, 2016

State To Give Hedge Fund Money for Expansion, Job Creation

by Christine Stuart | May 24, 2016 4:30am

Courtesy of the DECD Plans to build a new waterfront headquarters in Stamford were scuttled, but the world’s largest hedge fund regrouped and will still receive money from the state to expand its footprint in Westport.

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May 19, 2016

Two Wall Street Firms Downgrade Connecticut Bonds

by Christine Stuart | May 19, 2016 2:17pm

Two of the four Wall Street rating agencies lowered Connecticut’s credit rating one notch prior to an upcoming bond sale.

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May 12, 2016

Financial Services Corp. Warns Against Changes to Public Retirement Program

by Christine Stuart | May 12, 2016 4:30am

A Fortune 100 financial services organization on Tuesday warned top lawmakers and Gov. Dannel P. Malloy that the revisions proposed to a state-run retirement program could end up costing individuals who participate in the plan.

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May 6, 2016

Malloy Threatens to Veto Public Retirement Bill

by Christine Stuart | May 6, 2016 11:33am

Christine Stuart photo Democratic Gov. Dannel P. Malloy said he would veto a bill championed by progressives that would create a quasi-public agency to administer a public retirement system for all private sector employees — if the legislature doesn’t fix it.

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April 29, 2016

OP-ED | A Starting Point to Discuss Improving Connecticut’s Competitiveness

by Sarah Darer Littman | April 29, 2016 7:00am

Earlier this month, the Business Council of Fairfield County Foundation presented a Connecticut Economic Competitiveness Diagnostic, prepared by McKinsey and Company, to the state’s Commission on Economic Competitiveness.

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March 21, 2016

Is It Time to Close the Carried Interest Loophole? Advocates Say ‘Yes’

by Christine Stuart | March 21, 2016 12:00pm

Christine Stuart photo Advocates for the poor and disabled told the Finance, Revenue, and Bonding Committee on Friday that they’ve found a way to raise $535 million a year in revenue by closing a federal tax loophole.

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