| Dear Friend of the Washington Business Journal, Here's our selection of the must-read articles from the latest issue of the Washington Business Journal. Click on any headline for an excerpt from the article and the full listing of the contents in the current print edition.
Sincerely,
Alex Orfinger, Publisher
This Week's Highlights Department of Justice developer not able to get financing The scene at Two Constitution Square looks like it came straight out of a Cecil B. DeMille film — one where laborers, like colonies of ants, toil to erect the great pyramids against even greater odds.
D.C.-area banks wary of selling off bad assets As the gears grind into action on the $700 billion bailout plan, banks across the Washington area are considering the pros and cons of selling their troubled assets to the government.
Washington area office market down — but not out Surrounded by an echo chamber bleating about global financial chaos and panic, Washington commercial property owners can take a little bit of comfort in the third-quarter numbers just released by Alexandria-based Delta Associates.
Report: Area's condo market coming back, sort of Delta Associates, an 18-years observer of the local real estate market, is calling the bottom for condominium prices: late 2009.
The small business owner's guide to the presidential election Rest oring the health of the U.S. economy will dominate the domestic agenda of the next president, whoever he is. John McCain and Barack Obama have fundamental differences on how to do that. McCain emphasizes the role that low tax rates play in economic growth, while Obama thinks government investments in targeted areas, such as alternative energy and the creation of new businesses, are important. Both, however, will be constrained by fiscal realities — the ballooning federal deficit and the still-uncertain cost of the nation's financial crisis. They may have to drop or defer large chunks of their agenda. For businesses, one thing seems clear: Companies will face more government regulation. Both candidates are "likely to be big regulators," said Veronique de Rugy, senior research fellow at the Mercatus Center at George Mason University. This report looks at how the outcome of the election could affect small businesses in four key areas: taxes, health care, energy and the rules governing union organizing.
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