July 2, 2009

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INNOVATION ECONOMY
globe watch

Page one

30 failing schools
may face takeover

The Patrick administration, in a sharp deviation from previous state policy, will seek legislative approval to take over about 30 of the state’s worst schools and dramatically weaken their teacher contracts, as part of the governor’s effort to overhaul public education. (By James Vaznis, Globe Staff)

Neediness, compassion
on police station steps

She arrives by 8 most nights, shuffling past City Hall plaza, her backpack in tow with her orange and black blankets, a cardboard mat, a change of socks, and a pair of fleece-lined slippers, all she needs even on the coldest rainy nights. (By Milton J. Valencia, Globe Staff)

A steady hand for troubled Freddie

Charles “Ed’’ Haldeman Jr. keeps looking for bigger messes to clean up. Taking the helm of the embattled mortgage giant Freddie Mac fits the bill. (By Todd Wallack and Jenifer B. McKim, Globe Staff)

Consumers likely to find
increased bank costs

An array of government-created insurance agencies - which have long charged bargain-rate premiums to banks, credit unions, and brokerages - are seeking to make up for massive shortfalls in their insurance funds by raising fees and premiums, many of which are likely to be passed on to consumers. (By Michael Kranish, Globe Staff)

Glossy in search of new sheen

Larry Platt, the top editor of Boston magazine, is from Philadelphia and it shows. During a breakfast interview last week, his description of an upcoming story about recently indicted former House speaker Salvatore F. DiMasi hit a pronunciation snag. “Is it Di-May-si or Di-Mah-si?’’ he asked with a hint of uncharacteristic bashfulness. (By Megan Woolhouse, Globe Staff)

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