Streetcars, History, Race and Impact on Westside Neighbors

Total Page:16

File Type:pdf, Size:1020Kb

Streetcars, History, Race and Impact on Westside Neighbors Brand New Sheriff Productions kicks off its new season with “Ma Rainey’s Black Bottom” TThhee CChhaarrllootttteeTHE VOICE P POF THE BLACKo oCOMMUNITYss SINCEtt 1906 WEEK OF AUGUST 5, 2021 VOLUME 47, NUMBER 48 WWW.THECHARLOTTEPOST.COM $1.50 Brace for wave of evictions across NC End of moratorium sparks calls for help By Bryan Anderson THE ASSOCIATED PRESS RALEIGH — It wasn’t long after Iliana Diaz began her first day in person at Legal Aid’s Raleigh office that she and others were hit by a tsunami of phone calls. Seated and masked in a small room on Monday, Diaz was among the five call center workers franti- cally trying to do the unachievable: respond to all the messages that had come in from low-income North Carolinians facing the threat of eviction after the federal evic- tion moratorium expired over the weekend. TROY HULL | THE CHARLOTTE POST The bilingual intake specialist The CityLynx Gold Line, which is scheduled to debut this month, will change public transit and neighborhoods along the historically who joined Legal Aid of North Car- Black Beatties Ford Road corridor. olina has seen a sharp rise in re- cent call volume and is motivated to help as many people as she can. “If I don’t answer that phone call, then potentially that person may Streetcars, history, race and not have the chance to call back or they may just never have the chance to get any assistance what- soever,” Diaz said. For many struggling renters who impact on westside neighbors have received eviction notices, Legal Aid can be the last line of de- Post Foundation’s virtual town hall brings community together on Gold Line fense. Depending on how much money they make, the law firm will Heights resident Colette Forrest and Ron proved funding for a streetcar feasibility By Ashley Mahoney connect them with a free attorney, [email protected] Cureton, who lives in the Hyde Park study in 2009, said she does not fear another agency or share infor- Public transportation expansion in His- neighborhood. words like “gentrification.” mation on rental assistance pro- toric West End brings anticipation and The concerns of gentrification, which “We must hold people accountable,” grams. anxiety for its longtime residents. ocurred in South End along Marshall said. North Carolina’s Housing Oppor- The Charlotte Post Foundation’s Black the CityLynx Blue Line, Said Post Foundation board member tunities and Prevention of Evic- Lives Matter Conversation, “Gold Line: linger for westside home- Tiffany Capers, who moderated the town tions (HOPE) program offers rent Riding Rail to Revival or Ruin” explored owners and businesses. It is hall: “There are blessings and curses and utility assistance to low-in- the historic ramifications of streetcars in also seen as an opportunity sometimes when transportation comes come renters in 88 of the smallest historically Black neighborhoods as well for economic development. into a community. We are cognizant that counties in the state. Twelve larger as the scheduled August launch of the “When we talk about the history is always with us.” counties are managing their own CityLynx Gold Line. The conversation streetcar/CityLynx Gold Charlotte streetcar history programs. featured Mattie Marshall, Historic Wash- Line we are talking about an “From 1887 to the 1930s, Charlotte The state has set aside roughly ington Heights neighborhood associa- economic engine,” Marshall Marshall had grown tremendously,” Griffin said. $1.3 billion to help tenants cover tion president, Levine Museum of the said. “When the streetcars first came, there their housing and utility costs, New South staff historian Willie Griffin, Marshall, a member of Charlotte City were about 10,000 residents living in community advocate and Wesley Council’s advisory committee which ap- Please see THREAT | 2A Please see POST | 2A New for the Black-owned school year: restaurants struggle Required face masks to find, keep staff By Aaliyah Bowden [email protected] By Braedyn Speight Emmanuel Williams’ three sons FOR THE CHARLOTTE POST are going back to school next Two months ago, Sharon Freshwater, co-owner of month with books and face cover- Freshwaters in Uptown, notified her staff the dining ings. room would be reopening for business. Sixth-grader Aiden, 12, Ja’Dor- Only one person showed up for work. rain, 7, a second-grader and Evyn, Labor shortages is only one of multiple problems 5, who is headed to pre-K will wear that have plagued restaurants now that they are able face masks while in accordance to open at full capacity. Freshwater is trying to fill with new state guidelines. all the roles left vacant while pulling double duty “The most impor- since she works in the front office and cleans up at tant work our state closing. will do next month is “I can’t stay open late because of the staffing situ- JOHNSON C. SMITH UNIVERSITY getting all our school ation,” she said. “By the time I’m here from 10 in the Johnson C. Smith University is forgiving $300,000 in debt for students enrolled between children back into the morning to 8 [p.m.], I’m drained and I’m so tired and March 2020 and June 2021. The school provided more than $6.4 million in financial aid classrooms safely for burnt out.” since transitioning to remote learning at the outbreak of the COVID-19 pandemic. in-person learning,” Freshwaters is not the only restaurant to be suffer- Gov. Roy Cooper said. ing from a lack of staffing. According to the North “That’s the best way Carolina Restaurant and Lodging Association, the lei- for them to learn, and Dashew sure and hospitality sector made up 20% of job JCSU takes steps to forgive we want their school losses during the pandemic. Workers who became days to be as close to normal as unemployed during the pandemic chose to stay un- possible, especially after a year of employed because it paid better than hourly wages. $300,000 in student debt disruption.” The federal minimum wage is $7.50 an hour. Students in kindergarten through North Carolina pays a maximum of $350 per week By Ashley Mahoney business and finance. eighth grade, faculty and staff at in unemployment benefits. Also, the federal govern- [email protected] JCSU reported it provided over those schools are required to wear ment is providing an additional $300 on top of the Johnson C. Smith University is at- $6.4 million in financial assistance a face mask indoors regardless of unemployment insurance benefits provided by the tacking student debt. to students since it transitioned to vaccination status. However, high state. The federal program ends on Sept. 4. The school announced last week it remote learning in March 2020. The school students, faculty and staff Restaurants across Charlotte are learning to adjust will pay off $300,000 in outstanding federal Coronavirus Aid, Relief, and who are fully vaccinated will not to new challenges brought on by the pandemic. One balances owed for students enrolled Economic Security Act funding pro- have to wear face coverings in- of the most pressing is the food shortage that has between March 2020 and June 2021. vided additional financial aid for the Eligible students will be notified this fall 2020 semester: $2,500 directly doors. The guidelines are in accor- Please see BLACK RESTAURATEURS | 2A week by the university’s office of Please see JCSU|2A Please see NEW FOR | 2A INSIDE Please Digital edition: STAY IN TOUCH Sports 5A Snapchat: thecharpost www.thecharlottepostnewspaper.com Recycle Life 1B Twitter: @thecharpost A&E 5B To subscribe: (704) 376-0496 or online Facebook: The Charlotte Post Classified 4B http://tcppc.com/Subscribe Instagram: @thecharlottepost #PaperThursday 2A NEWS | The Charlotte Post Thursday, August 5, 2021 Post town hall explores race, streetcar’s impact Continued from page 1A translated into income inequity that Charlotte, but by the 1930s Charlotte continues to this day. had grown to over 130,000. There “These were efforts to make the area were many more cars traveling the around the Beatties Ford Road corri- roads [and] cheap gas. In 1937, the dor, for lack of a better way of putting city of Charlotte and Duke Power it, they did not want these homes to moved to replace the trolleys with be exclusive or expensive,” Griffin buses. said. “In 1938, half a century later, street- Barriers like redlining caused these cars and trolleys had really become a homes to depreciate in value, as symbol of the past with homeowners were unable to acquire no place in the city.” loans to renovate their homes. The streetcar provided “Over the next 30 years, these home Black people living in values in the West End Corridor, they areas like Biddleville a don’t compare to their white counter- way to get to work, with parts in other parts of Charlotte,” Grif- many going to jobs along fin said. the rail line and in mills. Beatties Ford Road corridor res- Griffin said the streetcar idents formed the Beatties Ford Com- HERBERT L. WHITE| THE CHARLOTTE POST Griffin resulted in the devel- munity Development Inc. in the 1980s With the end of federal and state eviction moratoriums, North Carolina agencies are braced for opment of Washington to revitalize the area through public a torrent of calls from renters for help to remain in their homes. Heights. development funds. Forty years later, “Washington Heights was one of the the city launched Corridors of Oppor- first middle class Black suburbs in the tunity, a $24.5 million program de- signed to improve infrastructure in Threat of rising evictions city, and at least according to one his- torian, it was the first streetcar Black six areas of Charlotte, including the suburb in the South,” he said.
Recommended publications
  • Vs. CHARLOTTE INDEPENDENCE (5-4-0) Saturday, July 3 >> 7 P.M
    Riverhounds SC Communications Matt Grubba, Director of Communications E: [email protected] | O: (412) 325-7229 | C: (434) 238-6431 PITTSBURGH RIVERHOUNDS SC (5-4-2) 2021 SCHEDULE & RECORD vs. CHARLOTTE INDEPENDENCE (5-4-0) Saturday, July 3 >> 7 p.m. ET >> Highmark Stadium >> Pittsburgh, Pa. League Record: 5-4-2 Home: 1-2-1 • Away: 4-2-1 • Division: 4-3-2 TALE OF THE TAPE GAME 12 - QUICK HITTERS MAY • The Hounds will try once again to get their first win over the Sat. 8 @Tampa Bay Rowdies WPNT L, 0-3 Independence, having failed to do so in their first 12 meetings. Sat. 15 @Hartford Athletic WPNT D, 1-1 That is the most matches without a win for the Hounds vs. Sat. 22 Charlotte Independence WPNT L, 0-1 Fri. 28 @New York Red Bulls II ESPN+ W, 3-0 any opponent; the only other side near that total is the nine matches against FC Cincinnati (0-5-4). • Charlotte won the first meeting this season between the sides, JUNE 1-0 at Highmark Stadium on May 22. Irvin Parra scored the Wed. 2 @Loudoun United FC ESPN+ W, 3-2 PITTSBURGH CHARLOTTE lone goal in that match, and Charlotte held off the Hounds Sun. 6 Austin Bold FC WPNT L, 0-1 5-4-2 Record 5-4-0 playing with 10 men after Christian Dean was sent off in the Sat. 12 Miami FC WPNT D, 1-1 2nd - Atlantic Division Standing 3rd - Atlantic 66th minute for a second cautionable offense. Tues. 15 @Indy Eleven ESPN Deportes W, 1-0 3-1-1 Last Five 3-2-0 Sat.
    [Show full text]
  • In the Court of Chancery of the State of Delaware Karen Sbriglio, Firemen’S ) Retirement System of St
    EFiled: Aug 06 2021 03:34PM EDT Transaction ID 66784692 Case No. 2018-0307-JRS IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE KAREN SBRIGLIO, FIREMEN’S ) RETIREMENT SYSTEM OF ST. ) LOUIS, CALIFORNIA STATE ) TEACHERS’ RETIREMENT SYSTEM, ) CONSTRUCTION AND GENERAL ) BUILDING LABORERS’ LOCAL NO. ) 79 GENERAL FUND, CITY OF ) BIRMINGHAM RETIREMENT AND ) RELIEF SYSTEM, and LIDIA LEVY, derivatively on behalf of Nominal ) C.A. No. 2018-0307-JRS Defendant FACEBOOK, INC., ) ) Plaintiffs, ) PUBLIC INSPECTION VERSION ) FILED AUGUST 6, 2021 v. ) ) MARK ZUCKERBERG, SHERYL SANDBERG, PEGGY ALFORD, ) ) MARC ANDREESSEN, KENNETH CHENAULT, PETER THIEL, JEFFREY ) ZIENTS, ERSKINE BOWLES, SUSAN ) DESMOND-HELLMANN, REED ) HASTINGS, JAN KOUM, ) KONSTANTINOS PAPAMILTIADIS, ) DAVID FISCHER, MICHAEL ) SCHROEPFER, and DAVID WEHNER ) ) Defendants, ) -and- ) ) FACEBOOK, INC., ) ) Nominal Defendant. ) SECOND AMENDED VERIFIED STOCKHOLDER DERIVATIVE COMPLAINT TABLE OF CONTENTS Page(s) I. SUMMARY OF THE ACTION...................................................................... 5 II. JURISDICTION AND VENUE ....................................................................19 III. PARTIES .......................................................................................................20 A. Plaintiffs ..............................................................................................20 B. Director Defendants ............................................................................26 C. Officer Defendants ..............................................................................28
    [Show full text]
  • 2017 United Soccer League Media Guide
    Table of Contents LEAGUE ALIGNMENT/IMPORTANT DATES ..............................................................................................4 USL EXECUTIVE BIOS & STAFF ..................................................................................................................6 Bethlehem Steel FC .....................................................................................................................................................................8 Charleston Battery ......................................................................................................................................................................10 Charlotte Independence ............................................................................................................................................................12 Colorado Springs Switchbacks FC .......................................................................................................................................14 FC Cincinnati .................................................................................................................................................................................16 Harrisburg City Islanders ........................................................................................................................................................18 LA Galaxy II ..................................................................................................................................................................................20
    [Show full text]
  • Vs. CHARLOTTE INDEPENDENCE (1-1-0) Saturday, May 22 >> 7 P.M
    Riverhounds SC Communications Matt Grubba, Director of Communications E: [email protected] | O: (412) 325-7229 | C: (434) 238-6431 PITTSBURGH RIVERHOUNDS SC (0-1-1) 2021 SCHEDULE & RECORD vs. CHARLOTTE INDEPENDENCE (1-1-0) Saturday, May 22 >> 7 p.m. ET >> Highmark Stadium >> Pittsburgh, Pa. League Record: 0-1-1 Home: 0-0-0 • Away: 0-1-1 • Division: 0-1-1 TALE OF THE TAPE GAME 3 - QUICK HITTERS MAY • The Hounds are winless in 11 all-time meetings with the Sat. 8 @Tampa Bay Rowdies WPNT L, 0-3 Independence (0-6-5), the most meetings without a win vs. any Sat. 15 @Hartford Athletic WPNT D, 1-1 opponent. The only other opponents the Hounds have faced Sat. 22 Charlotte Independence WPNT 7 p.m. Fri. 28 @New York Red Bulls II ESPN+ 7 p.m. more than three times without a win are FC Cincinnati (0-5-4) and Nashville SC (0-1-3). • Today’s match is the ninth home opener in Highmark Stadium JUNE history. The Hounds are 2-4-2 in Highmark Stadium openers Wed. 2 @Loudoun United FC ESPN+ 7 p.m. PITTSBURGH CHARLOTTE after losing last year’s home opener to Indy Eleven, 1-0. Sun. 6 Austin Bold FC WPNT 6 p.m. 0-1-1 Record 1-1-0 • All-time, the Hounds are 8-7-6 in home openers, which Sat. 12 Miami FC WPNT 7 p.m. T-6th Group Standing 5th includes a 3-0-2 mark at their previous home, Chartiers Valley Tues. 15 @Indy Eleven ESPN Deportes 8 p.m.
    [Show full text]
  • UNITED STATES DISTRICT COURT SOUTHERN DISTRICT of NEW YORK BRIAN ROFFE PROFIT SHARING PLAN, JACOB SALZMANN and DENNIS PALKON, In
    Case 1:12-cv-04081-RWS Document 77 Filed 08/20/12 Page 1 of 29 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK BRIAN ROFFE PROFIT SHARING PLAN, JACOB Case No. 1:12-cv-4081 SALZMANN and DENNIS PALKON, Individually and On Behalf of All Others Similarly Situated, Hon. Robert W. Sweet Plaintiff, ECF Case v. FACEBOOK, INC., MARK ZUCKERBERG, DAVID A. EBERSMAN, DAVID M. SPILLANE, MARC L. ANDREESSEN, ERSKINE B. BOWLES, JAMES W. BREYER, DONALD E. GRAHAM, REED HASTINGS, PETER A. THIEL, MORGAN STANLEY & CO. LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN, SACHS & CO., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED and BARCLAYS CAPITAL INC., Defendants. (Additional captions on following pages) REPLY MEMORANDUM OF LAW IN FURTHER SUPPORT OF THE MOTION OF THE INSTITUTIONAL INVESTOR GROUP FOR APPOINTMENT AS LEAD PLAINTIFF, APPROVAL OF ITS SELECTION OF CO-LEAD COUNSEL, AND CONSOLIDATION OF ALL RELATED ACTIONS Case 1:12-cv-04081-RWS Document 77 Filed 08/20/12 Page 2 of 29 MAREN TWINING, Individually and On Behalf of Case No. 1:12-cv-4099 All Others Similarly Situated, Hon. Robert W. Sweet Plaintiff, v. ECF Case FACEBOOK, INC.; MARK ZUCKERBERG; SHERYL K. SANDBERG; DAVID A. EBERSMAN; MARC L. ANDREESSEN; ERSKINE B. BOWLES; JAMES W. BREYER; DONALD E. GRAHAM; REED HASTINGS; PETER A. THIEL; MORGAN STANLEY & CO. INC.; J.P. MORGAN SECURITIES LLC; GOLDMAN, SACHS & CO.; MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.; BARCLAYS CAPITAL INC.; ALLEN & COMPANY LLC; CITIGROUP GLOBAL MARKETS INC.; CREDIT SUISSE SECURITIES (USA) LLC; DEUTSCHE BANK SECURITIES INC.; RBC CAPITAL MARKETS, LLC; WELLS FARGO SECURITIES, LLC; BLAYLOCK ROBERT VAN LLC; BMO CAPITAL MARKETS CORP.; C.L.
    [Show full text]
  • OTTAWA FURY FC V CHARLOTTE INDEPENDENCE
    OTTAWA - v – CHARLOTTE FURY FC INDEPENDENCE USL CHAMPIONSHIP WEEK 13 June 2, 2019 2:00 PM ET TD Place Stadium Ottawa, ON 2019 Record (W-D-L) & Ranking: 2019 Record (W-D-L) & Ranking: 5-3-2 | 18 Points | 7th (EC) | 13 GF 8 GA 1-5-6 | 8 Points | 16th (EC) | 12 GF 21 GA Form: W-D-W-W-D Form: D-D-L-D-D HOW TO FOLLOW STREAM: OttawaFuryFC.com/Fury-Live | USL Match Centre | RADIO: TSN 1200 (EN) | fm1047.ca (FR) SOCIAL MEDIA: LIVE updates on Twitter @OttawaFuryFC #OTTvCLT #FuryFC #ForTheFury MATCH NOTES Weekly Storylines: • Canadian defender Thomas Meilleur-Giguère has been putting work ever since making his return on loan from Montréal Impact for a third year. His inclusion in the starting XI against Hartford Athletic makes him the player with the most minutes played for the club this season with 900 minutes played. • Fury FC continued its streak of positive results with the 1-1 draw away from home against Hartford Athletic over the weekend. This is the most away points collected by Fury FC in its opening 5 matches on the road, sitting at 8 points in 5 away matches in 2019 (2018: 4 pts; 2017: 7 pts; 2016: 3pts; 2015: 3 pts; 2014: 4 pts) • In addition, the team has earned 10 points in its first 5 home matches, setting the club for a historic run that has already surpassed previous club home game records (2018: 8 pts; 2017: 8 pts; 2016: 8 pts; 2015: 8 pts; 2014: 4pts) • Charlie Ward continues to anchor Fury FC’s system.
    [Show full text]
  • Kristen's Conquest
    spring 2010 EastThe Magazine of easT Carolina UniversiTy Kristen’s Conquest Miss USA Kristen Dalton vieWfinDer spring 2010 EastThe Magazine of easT Carolina UniversiTy FEATUrEs 20 KrisTen’s ConQUesT 20 She’s living the red carpet lifeBy Samanthanow as Miss Thompson USA, Hatembut less ’90 than a year ago Kristen Dalton was a bright ECU student with a big-time dream. on the cover: Kristen Dalton speaking at a May event at the Pentagon promoting safety. a rolling sTone resTs 26 He had written for 26 magazineBy David Menconiand directed Rollingon MTV, Stone but when it was time to write theTotal history Recall of LiveSouthern rock, Mark Kemp ’80 came home. Can YOU hear Me? 32 For these two professors, who are husbandBy Marion and Blackburn wife, communication is both a profession and a research passion. sofTBall riDes a WAVE 32 36 Eight seniors—six from either California orBy Hawaii—willBethany Bradsher lead the Lady Pirates into a tougher schedule. DEpArTMEnTs froM oUr reaDers . 3. The eCU rePorT . 5. 36 sPring arTs CalenDar . 18 PiraTe naTion . 42. CLASS noTes . 45. UPon The PAST . 56. spring AnD sprAy A couple of kayakers cool off under the fountain in the six-acre lake at north recreation Complex. froM The eDiTor froM oUr reaDers spring 2010 EastThe Magazine of easT Carolina UniversiTy Volume 8, Number 3 HAvE bUsinEss DEgrEE, will TrAvEl MorE on CHoosEAnEED is published four times a year by I was one of the first graduates of the I enjoy receiving my magazine and want read East online at East East Carolina University Did I tell you I graduated? East www.ecu.edu/east Sure did.
    [Show full text]
  • "Winning the Future Amidst a Mountain of Debt" (For Complete Issue, Click Here (Pdf)
    April 4, 2011 Volume 30, Issue 6 In This Issue SPECIAL EDITION PROPOSED FY 2012 BUDGETS FOR SOCIAL AND BEHAVIORAL SCIENCE "Winning the Future Amidst a Mountain of Debt" (For Complete Issue, Click Here (pdf) On February 14, President Obama released his FY 2012 budget proposal that would "put forward a plan to rebuild our economy and winthe futureby out‐innovating, out‐educating, and out‐building our global competitors." He also stated that the U.S. should "invest in our people without leaving them a mountain of debt." His priorities in the proposal included science and technology, education, and national infrastructure. This task has become more difficult in the continuing failure of the Congress and the White House to reach an agreement on the budget for FY 2011, which began on October 1, 2010. On March 18, the President signed the congressionally‐enacted sixth Continuing Resolution (CR) to keep the government open. This CR runs out on April 8. As you read this, Washington is rife with talk of a coming government shutdown. For COSSA, producing this special issue that analyzes the president's budget proposals has presented a dilemma. Do we continue to wait for the final FY 2011 numbers or do we move ahead. After two months we have decided to do the latter. When the final appropriations for the current fiscal year are known we will amend the charts in the issue and post them on COSSA's web page. On February, the Republican‐led House of Representatives laid down its marker by enacting H.R. 1, which proposed reductions of $61 billion from the FY 2010 appropriated levels and included a number of policy riders unacceptable to the Senate and the White House.
    [Show full text]
  • Expanding Economic Opportunity for More Americans
    Expanding Economic Opportunity for More Americans Bipartisan Policies to Increase Work, Wages, and Skills Foreword by HENRY M. PAULSON, JR. and ERSKINE BOWLES Edited by MELISSA S. KEARNEY and AMY GANZ Expanding Economic Opportunity for More Americans Bipartisan Policies to Increase Work, Wages, and Skills Foreword by HENRY M. PAULSON, JR. and ERSKINE BOWLES Edited by MELISSA S. KEARNEY and AMY GANZ FEBRUARY 2019 Acknowledgements We are grateful to the members of the Aspen Economic Strategy Group, whose questions, suggestions, and discussion were the motivation for this book. Three working groups of Aspen Economic Strategy Group Members spent considerable time writing the discussion papers that are contained in this volume. These groups were led by Jason Furman and Phillip Swagel, Keith Hennessey and Bruce Reed, and Austan Goolsbee and Glenn Hubbard. We are indebted to these leaders for generously lending their time and intellect to this project. We also wish to acknowledge the members who spent considerable time reviewing proposals and bringing their own expertise to bear on these issues: Sylvia M. Burwell, Mitch Daniels, Melissa S. Kearney, Ruth Porat, Margaret Spellings, Penny Pritzker, Dave Cote, Brian Deese, Danielle Gray, N. Gregory Mankiw, Magne Mogstad, Wally Adeyemo, Martin Feldstein, Maya MacGuineas, and Robert K. Steel. We are also grateful to the scholars who contributed policy memos, advanced our understanding about these issues, and inspired us to think creatively about solutions: Manudeep Bhuller, Gordon B. Dahl, Katrine V. Løken, Joshua Goodman, Joshua Gottlieb, Robert Lerman, Chad Syverson, Michael R. Strain, David Neumark, Ann Huff Stevens and James P. Ziliak. The production of this volume was supported by many individuals outside of the Aspen Economic Strategy Group organization.
    [Show full text]
  • Navigating the (Social)
    Serving UNC students and the University community since 1893 Volume 120, Issue 58 dailytarheel.com Monday, August 27, 2012 Navigating the (social) network Other parties in the pending lawsuit against Facebook say North Carolina should not be the lead plainti because of too many conicts of interest. $74.5 billion $4.1 million in the N.C. pension fund, lost from the state pension which provides benets for fund’s investment in state employees Facebook Erskine Bowles Crandall Bowles Janet Cowell Bernstein Litowitz Former UNC-system president Wife of Erskine Bowles, donor N.C. treasurer who Berger & Grossmann LLP $42.05 $19.41 who sits on the board of to Cowell’s campaign and oversees the pension fund Firm suing Facebook for the member of JP Morgan Chase’s and wants the state to be state which has lawyers who cost of a Facebook share cost of a Facebook share at directors for Facebook and at its opening on the the close of markets Friday, Morgan Stanley board of directors the lead plainti in the suit donated to Cowell’s campaign stock market Aug. 24th Dissecting NC pension fund contributions A majority of the state pension fund comes from managed investments. Employee contributions 10.6% Morgan Employer/General JPMorganChase 6.2% Assembly contributions Stanley Investments managed Morgan Stanley Facebook JP Morgan Chase NC pension fund 83.2% by the state treasurer One of the underwriters Social networking giant Another underwriter for Invested in Facebook and for the Facebook initial whose shares have the Facebook IPO lost a total of $4.1 million public oering plummeted since its IPO since the IPO By Madeline Will tors have claimed that Facebook misled the Robbins Geller Rudman & Dowd, which is Cowell said in a statement that all defen- Assistant State & National Editor public in its IPO, causing them to lose money.
    [Show full text]
  • A Collection of Essays
    A Collection of Essays TEN YEARS OF THE CLINTON PRESIDENTIAL CENTER 2004 – 2014 AN IMPACT THAT ENDURES By Chelsea Clinton When my family left the White House, my father faced a set of questions and opportunities about how to continue the work he had long championed through elected office as a private citizen. As he has said, while President, he confronted a seemingly endless horizon of challenges on any given day. Through the Clinton Foundation and its various initiatives, by necessity and deliberate choice, he has focused on tackling those urgent challenges which can be addressed outside government and on which he, and now our whole family, can have the most significant impact. What has not changed is what has always motivated my father —will people be better off when he’s done than when he started. I am grateful he hasn’t stopped yet—and has no plans to do so. The collection of essays that follows offers a window onto the various ways in which my father has served, in and out of elected office, and in the United States and around the world. Common threads emerge, in addition to how he keeps score of his own life, including a fearlessness to take on ostensibly impossible issues, a determination to see things through until the end and a belief that every success only contains another challenge to do things better next time. Because, as my father knows all too well, all too often there is a next time. The latter half of 2014 has been momentous in our family as Marc and I welcomed our daughter Charlotte into the world and my parents (finally) became grandparents.
    [Show full text]
  • North Carolina Agricultural and Technical State University
    NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY today today Leadership, The Aggie Way Revolutionizing Research Mind and Hand 2K SPRING 16 2K SPRING 16 North Carolina Agricultural and Technical State University is an 1890 land-grant doctoral research university dedicated to learning, discovery, and community engagement. The University provides a wide range of educational opportunities from bachelor’s to doctoral degrees in both traditional and online environments. With an emphasis on preeminence in STEM and a commitment to excellence in all its educational, research, and outreach programs, North Carolina A&T fosters a climate of economic competitiveness that prepares students for the global society. Visit us online at www.ncat.edu A&T TODAY North Carolina Agricultural and Technical State University Spring 2016 BOARD OF TRUSTEES CHAIRMAN Dr. Bertram E. Walls ’73 CHANCELLOR FEATURES Dr. Harold L. Martin Sr. ’74 CHIEF OF STAFF DEPARTMENTS Nicole Pride 18 SERVANT LEADER Erskine Bowles Award winner inspired to ASSOCIATE VICE CHANCELLOR FOR UNIVERSITY RELATIONS protect and grow the community Nanyamka A. Farrelly 2 INSIDE AGGIELAND EDITOR Sandra M. Brown P 25 22 REVOLUTIONIZING 14 CAMPUS BRIEFS PRODUCTION BIOMATERIALS RESEARCH Donna M. W. Gibbs, Graphic Design RR Donnelley, Printing Services The National Science Foundation Engineering PEOPLE BEHIND Research Center at N.C. A&T pursues biomedical 21 PHOTOGRAPHY Bluford Library Archives engineering advances THE SCHOLARSHIPS Kevin L. Dorsey Jessie Gladdek Charles E. Watkins ’03 46 AGGIE SPORTS iStock 26 BIG ON CREATIVITY CONTRIBUTING WRITERS The Joint School of Nanoscience and Tonya D. Dixon ’04 Nanoengineering fosters collaboration 52 AGGIES ON THE MOVE Brian M.
    [Show full text]