NY Bets on Success with Social Impact Bonds
New York City Mayor Michael Bloomberg recently announced a new initiative that could save government money, decrease the crime rate and strengthen urban communities. Global investment bank Goldman Sachs will invest $10 million in a program to reduce recidivism among released adolescent prisoners at Riker’s Island. This will make the city the first in the nation to [...]
RI Progress Report: Central Falls disagrees, lottery logic, Chamber of Charity in SK, Mitt Romney and Goldman Sachs
Seems the state and Central Falls are in disagreement once again. While Rosemary Booth Gallogly issued a three-pager exonerating CF receiver chief of staff Gail Corrigan of any wrongdoing when she let her mom volunteer in the city’s finance department and hired her lawyer’s daughter, the Central Falls City Council plans on doing its own [...]
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