The University’s multibillion dollar investments, which include the University’s endowment, lost $600 million, or 11 percent, in the first quarter of the fiscal year, according to UVA’s Investment Management Company (UVIMCO) quarter-end report. By mid-October, the policy benchmark had declined by another 20 percent. According to the report, after the initial hit, the investment pool […]
The University’s multibillion dollar investments, which include the University’s endowment, lost $600 million, or 11 percent, in the first quarter of the fiscal year, according to UVA’s Investment Management Company (UVIMCO) quarter-end report. By mid-October, the policy benchmark had declined by another 20 percent. According to the report, after the initial hit, the investment pool […]
Michael Karlik Age: 20 Hometown: Fairfax, Virginia Year: Sophomore Major: Political science What’s in your backpack? Sunday’s Washington Post, cough drop, pencils, pens, class notes, two notebooks, battery, Democracy in America by Alexis De Tocqueville, water bottle, calculator, Post-It notes. C-VILLE welcomes news tips from readers. Send them to news@c-ville.com. Michael Karlik
“Cash rules everything around me,” growled the Wu-Tang Clan back in 1993. And what was true then in Staten Island is still true 15 years later in Central Virginia. Checks & Balances: It Takes All Types Charlottesville’s biggest donors Heavy Hitters Just ask Tom Perriello, who has a six-term incumbent congressman on the verge of […]
Railroads don’t have a reputation locally for cooperating with those who want to build trails over, under and alongside active tracks; railroads would rather not entice potential lawsuits onto their property. But Charlottesville’s City Trails Planner Chris Gensic wasn’t deterred from picking up the phone. “I don’t know that many people have tried calling the […]
When you’re going up against a six-term incumbent who has never won a congressional election by less than 19.5 percentage points, the best thing
Yet again, the area’s long-range water supply plan is facing new delays. The plan, meant to provide enough water for the City of Charlottesville and urban Albemarle County until 2055, involves two major construction components: a taller dam at the Ragged Mountain Reservoir and a new pipeline that connects the Ragged Mountain Reservoir to the […]
Along with ACAC, Charlottesville’s Circuit City reigns supreme in the Albemarle Square shopping center. But the big red and white sign, visible from Route 29, will soon disappear. On November 3, Circuit City Stores, Inc., announced it will be closing 155 stores nationwide to combat a “continued weak macroeconomic environment.” Of the three stores that […]
City Mayor Dave Norris ceremonially cut the ribbon on the Downtown rebricking on November 6 with Morgan Perkins, owner of the Sage Moon Gallery, and City Councilor Holly Edwards. Though the event was billed as the “Mall Restoration Groundbreaking,” it was really just a demonstration of what the barriers will look like on the […]
This campaign season brought many newcomers into the political process, but when it came to big-dollar giving, the old guard held serve. In Charlottesville, only one new breed entered the upper echelon of donors, and they share a last name. Otherwise, these eight types are familiar. Activists Spot them at IY, bagging their own Tofutti […]
In 2005, State Senator Creigh Deeds, whose district includes Charlottesville and most of Albemarle, was involved in the closest statistical race in Virginia history and on the losing side of a recount. We asked him what advice he had for Perriello, who won’t officially win until mid-December if Goode calls for a recount. Creigh Deeds: […]