New Hampshire Business Review - April 9 2010

N.H. exports surged in January

According to recently published statistics by the Organization for Economic Cooperation and Development (OECD), the global economy entered its recovery phase in the second half of last year.The OECD recently estimated the combined output of its member countries — the…

Piecing the FRM puzzle

Jon Hildreth, brother of New Hampshire Banking Commissioner Peter Hildreth, was once one of Financial Resource Mortgage’s preferred shareholders.Hildreth, the Laconia employee of a New York liquor importer, was a small investor in the Meredith-based company, to be sure –…

FRM’s downfall: a chronology

March 7, 2000: Jon Hildreth becomes preferred shareholder of Financial Resources Mortgage Inc.April 4, 2000: Attorney Steven Latici brings a federal suit against FRM, telling the state Bureau of Securities Regulation that FRM might be engaged in a “Ponzi scheme.”…

Don’t gamble with N.H.’s future

The New Hampshire Senate has voted to legalize six casinos and 17,000 video slot machines. Gambling proponents want you to believe that this represents a natural progression from our lottery and charitable gaming. Don’t be fooled. Senate Bill 489 would…

Flotsam & Jetsam

Track recordAt the very least, Jerry Gappens, GM of New Hampshire Motor Speedway in Loudon, may have forced Lou “Captain Video” D’Alessandro’s plan to expand gambling in the state into a pit stop.After all, the speedway is the 800-pound gorilla…

Do you wish you had never moved to China?

So you finally figured it out – you’re getting screwed!Moving operations to China sounded like such a great idea. The proposal delineated mammoth savings because of cheap labor. So where are they?As you’ve painfully discovered, there are all sorts of…