Joseph N. DiStefano writes business stories for the Inquirer, including the PhillyDeals column on Wednesdays, as well as the blog at www.philly.com/phillydeals.
Money's tight for Pennsylvania. But last month, a state agency went to Wall Street and borrowed $107 million to enrich a California hedge fund, a Wall Street bank, and other speculators in a Harrisburg office building.
Former Pennsylvania Gov. Mark Schweiker has left his post as president of PRWT Business Process Solutions to join Renmatix, a King of Prussia company that says it has a high-pressure process to turn wood and farm waste into a source of fuel and chemicals under the brand name Plantro.