Thank heaven El Pomar never met Madoff

As the New York Times reported last week, many charitable foundations have been seriously affected by the collapse of the massive Ponzi scheme devised by New York investment advisor Bernard L. Madoff. Madoff was, until his arrest, one of the most respected figures on Wall Street. For more than 30 years, his clients had enjoyed returns that were significantly higher than those of his competitors.

Dark underside of Olympic Games: Citizenship for sale

Pierre de Coubertin, who launched the modern Olympics during 1896, envisioned games free from the scourge of nationalism, where athletes of all countries would come to engage in friendly competition. And during the first decades of competition, the games often lived up to de Coubertin’s ideals, as young men competed against each other with no thought of material reward. All that changed during 1936 in Berlin.

Business pioneers have wisdom that can impact your success

As a student of business, sales and personal development history, I will be sharing some ideas from people who have had an extreme impact on my thinking and philosophy. The first in the series is Bertie Charles Forbes (May 14, 1880 — May 6, 1954). He was a Scottish financial journalist and author who founded Forbes Magazine.

PPCC to add Falcon campus

The Colorado Commission on Higher Education has approved the Falcon extension of Pikes Peak Community College. The new campus will be...

SBA launches fed contract guide

The Small Business Administration launched a free online course this week, titled “Business Opportunities: A Guide to Winning Federal Contracts.” Designed for small...

Health care site examines reform plans

A new health care reform Web site, provides politicians’ viewpoints on the subject, as well as opinion, news and analysis aimed at increasing the dialogue about health care. The site, www.reformplans.com, plans to facilitate a “broad discussion” of the issues through an outline of various health care reform proposals, and features a plan comparison grid […]
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Foreclosures mount as borrowers walk away

Mortgage foreclosures rose to an all-time high at the end of 2007 as borrowers with adjustable-rate loans walked away from properties before...

January airport revenue strong

Neither inclement weather nor an iffy national economy seemed to affect Colorado Springs Airport revenue and operations during January. Total revenue at the...

Air Force thwarts Boeing, awards contract to European company

The Associated Press WASHINGTON – The Boeing Co. wants the Air Force to immediately explain why it awarded a $35 billion contract to rival...

County seeking judge applicants

The Fourth Judicial District is seeking applicants for a new county court judgeship that starts July 1. The legislature created the new position...

Retiring? Better have at least $225,000

A couple retiring this year will need about $225,000 in savings just to cover medical costs in retirement, according to analysis by Fidelity Investments. The figure, calculated for a couple age 65, is up 4.7 percent from the $215,000 estimate for 2007, the financial services company said. And it is similar to other projections for […]
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New hybrid GM to unveil battery powered hybrid

The Associated Press General Motors Corp. says it expects to bring its first lithium-ion battery powered hybrid engine system to market in North...