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Fair Way Funding

Congressman McGovern to GOP: Let's be 'fair and balanced' in media funding

Congressman Jim McGovern(MA-3) says on the floor that defunding NPR because the content isn't agreeable is a 'lousy' way to make ...

Uber Partner Fair Raises $385M In Funding Led By SoftBank

Fair, the car leasing startup that earlier in 2018 acquired the leasing portfolio of Uber, has raised $385 million in venture funding.

According to a report in Venture Beat , citing the company, SoftBank led the Series B round of investing. Other investors that took part in the fundraising round include Exponential Ventures, insurance giant Munich Re’s ERGO Fund, G Squared and CreditEase. Citing a statement issued by Fair, Venture Beat reported funding will go to scale its consumer platform and its Uber partnership across the world.

Claiming to hold the keys to the future of car ownership, Fair has a mobile app and website that makes it easy to search for and purchase a car while staying within a predetermined budget. Through the app, users search for a car and sign the lease without the need to go to a car dealer.

“Fair provides a simple and affordable way for people to get access to a car for personal use, ridesharing, or car-sharing,” said Lydia Jett, senior investor at SoftBank Investment Advisers. “This investment will enable Fair to provide cars on a global scale, and help reduce the barriers to mobility.

Human Services Advisory Committee asks Cincinnati City Council to keep United Way in funding process

The turmoil sparked community conversations about whether the city's institutions support black leaders.

The Human Services Advisory Committee letter noted that the committee's chair, its co-chair, a majority of the group's active members and the staff professional at United Way that supports the group all are black.

"We all share – and many of us experience painfully in our professional lives – your concern about the pervasive racism afflicting work in institutions throughout this city," the letter stated. "But we all agree that the Human Services Advisory Committee process helps counteract bias and favoritism, which are byproducts of racism, by ensuring the grants are awarded according to fair, transparent and evidence-based criteria. This process protects the City's human services grant-making review process from power plays and lobbying which can create significant disadvantages for small qualified grassroots and minority non-profits."

Millions of city tax dollars are at stake.

In what way do you think the Fed is being fair / unfair re:AIG 'emergency funding'?


Fair, not unfair
Had they not stepped in to prop up AIG there would have been devastating negative consequences in the international capital markets. AIG insured many mortgages which are in default.

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