Cities and counties can learn and benefit from corporate financial turnaround tactics Years before the Great Recession hit the global markets, local governments were faced with shrinking tax and state revenues, ballooning pension obligations and rising health care costs. The diverse array of...

As if the economy and the tight credit markets were not enough, real estate developers are faced with a new challenge. Banks are informing real estate developers at loan maturity that their cash-flowing, debt-servicing property is now considered substandard because of the value of the collateral...