Morgan Gambles on Sugar's Survival

posted in: May 1992 | 0

Francis Morgan’s attempt to sell off  parcels of Hamakua Sugar Company’s land likely to be attractive to resort developers is one part of a larger financial strategy involving debt reduction as well as streamlined operations. That strategy is set forth … Continued

Resort's Benefits: Too Good to Be True?

posted in: May 1992 | 0

Time and again, developers of resort communities in Hawai`i have attempted to win approval (both official and unofficial) for their proposals by depicting the benefits that their projects will bring. Hamakua Sugar Company is no exception. In October 1991, the … Continued

Loans Inflate 'Speculative Bubbles'

posted in: May 1992 | 0

“The Farm Credit System: Reckless Lender to Rural America.” That is the title of a 1990 report prepared for the American Bankers Association by Bert Ely and Vicki Vanderhoff, of Ely & Company, Inc., based in Alexandria, Virginia. The Western … Continued

Private Rights, Public Interests

posted in: April 1991 | 0

One of the most heated aspects of the debate over saving the `alala has centered on the perception of a conflict between property rights and federal and state laws protecting endangered species. Constitutional protections against illegal searches and seizures of … Continued