Commentary: Save California's Redwoods But Not This WayEric Schine
Consider it the Charles E. Hurwitz Relief Fund. After bailing out the Texas dealmaker's failed savings and loan association to the tune of $1.6 billion, the U.S. government is now on the verge of doling out thousands of acres and hundreds of millions of dollars' worth of federal lands to him. The package of properties would include valuable timberlands and may contain such gems as the aptly named Treasure Island, a rare parcel of undeveloped San Francisco Bay real estate recently vacated by the Navy.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- Why Are Critics Calling the $450 Million Painting Fake?