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Letter to the editor: Paper offers valuable coverage

Dear Editor: I just have to write you this letter. I have been meaning to write it for a couple of months now. Over the past year, in particular, the quality of the Rochester Business Journal-already high-in my judgment has ...

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Plowed under

What’s wrong with the massive new farm bill President George W. Bush signed into law this week? — It encourages overproduction while prices are low. — It fails to help farmers most in need. — It jeopardizes U.S. access to ...

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A new investment theory is taking shape

If you had 50-yard-line seats to witness a real-life paradigm shift, would you be brave enough to enter the stadium? Imagine, years from now, your grandchildren, smart tykes that they are, ask you for a detailed history explaining the famous ...

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Letter to the editor: Kodak’s reputation has value

Dear Editor: Being involved in the photo industry, I enjoy reading the Rochester Business Journal online (www.rbjdaily.com) from my office in Southern California. Just read about Eastman Kodak Co.’s weakening earnings and wanted to share a thought with you. Here’s ...

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Fund directors fail to protect investors

Here’s the acid test on the mutual fund industry: Why do expenses keep going up as the industry expands? It doesn’t make economic sense; normally when an industry expands, it drives costs down. Yet the average expense ratio, according to ...

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Putting jobs first

Monroe County Executive Jack Doyle conceded “it is somewhat unconventional to focus so intently on one single issue-jobs-in a State of the County address.” But building jobs, he noted in the annual speech this week, “is the single issue that ...

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Ignore the Chinese market at your peril

Many Western businesses are now right at home in the People’s Republic of China. But for firms still absent from the Chinese market, how will that affect their status in the global arena? For some, it’s destined to become a ...

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Breach of trust

The Securities and Exchange Commission typically does not announce when it launches an investigation. On Monday, it made an exception. The chief regulator of the nation’s financial markets disclosed it had begun a formal probe of alleged conflicts of interest ...

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School district’s crisis is self-inflicted

Regarding an article in the April 12, 2002, edition of the Rochester Business Journal, (“Janey does not see consolidation as solution to city district’s woes”), I found some of the statements attributed to Rochester City School District Superintendent Clifford Janey ...

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Canal crossroads

At the World Canals Conference in Rochester in September 2000, optimism about the New York State Canal System’s future ran high. Gov. George Pataki told delegates that the canal system-celebrating its 175th anniversary-could play as important a role in the ...

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Tirade against Excellus unwarranted

Vern DeWitt’s unwarranted attack on Excellus Inc. in the April 12 Rochester Business Journal was factually inaccurate, and counterproductive to promoting the dialogue needed to address community health care issues. We believe it was motivated solely by a financial conflict ...

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After the boom

A few years ago, this company was riding high. Propelled by demand for fiber-optic telecommunications networks, its sales skyrocketed and stock price soared. To outrace the competition, it embarked on a series of expensive acquisitions. Today, the company is shutting ...

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Letter To the Editor: Self-insurance helps workers

Dear Editor: Recent articles and op-eds in your publication and the Rochester Democrat and Chronicle have discussed the crisis in health care rates, the trend to “self-insurance,” the need to preserve the “community rating,” and the fingerpointing by two senior ...

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Blues’ strategy sank community rating

Recently the Coalition to Protect Community Rating was formed in our area. The stated purpose of the coalition is to save our once-revered system of cooperation that provided single-cost health care to most local employees. The Greater Rochester Metro Chamber ...

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Risk-free politics

One week past the deadline for adoption of a state budget, Assembly Speaker Sheldon Silver reassured reporters that “we’re well beyond midfield.” Joseph Bruno, the Senate majority leader, said the state’s top lawmakers and Gov. George Pataki are “closing some ...

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