Albuquerque’s new Republican mayor, Richard Berry, is a minority winner without much of a mandate or much of a stated program to implement—beyond the cliche of running government like a business. That’s really not a very good idea in a failed economy piled high with failed businesses. So the minority mayor is something of a stealth mayor too. We really don’t know what we’eve gotten yet. His minority status will make it hard for his ideas to get a hearing, when we hear them. Two Democrats won

Early on Monday shares of KB Home dropped over 6% due to an ongoing accounting investigation by the SEC. KB Home stated that the Securities and Exchange Commission has issued a “formal order of investigation…regarding possible accounting and disclosure issues.” From the Wall Street Journal , on Sunday, a KB spokeswoman said: “While the SEC has not specified the subject matter and we cannot speculate on it at this time, we understand that part of the SEC’s mandate is to conduct these sorts of

The work of Newton and Helen Mayer Harrison falls somewhere between prophecy, poetry and proposition. For nearly 40 years, the Harrisons have identified places where we’ve torn the life-web and devised strategies for its repair. They are healers (in the spirit of the Jewish mandate tikkun olam, repairing the world) as much as they are artists, but in their practice the two impulses are inseparable. Though they have sustained a substantial presence in Europe for the last 15 years, the Californi

The Financial Crisis Inquiry Commission, created by the Fraud Enforcement and Recovery Act (May 20, 2009), held its first public meeting today , launching its mandate to examine causes of the financial crisis. The statute enumerates 22 possible culprits, all now usual suspects, like executive compensation, bad regulatory oversight, financial derivatives, complex securitization schemes and the like. Also on the list is the general notion of bad lending practices at banks, which two Commissioners