Business news for Mon, 24 Dec 2007 & with words facing+public. 2 news.

A Citigroup analyst left a lump of coal for Och-Ziff Capital Management, the hedge fund that went public last month. The analyst, Prashant Bhatia, began covering the fund with a “hold” rating, writing in his research note that Och-Ziff might be facing headwinds for the forseeable future. For Mr. Bhatia — who acknowledges that his firm [...]

During a Dec. 7 symposium conducted by the Urban League of Philadelphia, a panel of public policy makers, academics and opinion leaders talked about the problems facing African Americans and potential solutions. The discussion came on the date of the release of the State of Black Philadelphia report (See highlights on facing page), which assessed the state of blacks in the city in several categories, including economics and health. Panelists pointed out that African Americans are the largest racial group in the city, at 44 percent, followed by whites at 42 percent.