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Entries Tagged as 'End-Times Finance'

New Clip: Real Estate Goes Glossy

February 16th, 2010 · No Comments · Business

New clip online now. It’s a B&T story that turned into a cover for The Prospect, a bimonthly glossy magazine that B&T’s parent company publishes.
In it, I explain to the good people of Hartford why half their downtown skyline may soon be in foreclosure.
It’s an inside look at how the city’s biggest commercial landlord fell [...]

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Well, Don’t They?

October 13th, 2009 · No Comments · Business, Media

A judge has tossed two prospective jurors off the upcoming Bear Stearns trial because they hold tainted views of evil bankers. Such as, “people on Wall Street try to get away with wrongdoing,” and, big financial firms “always try to bend the rules to make as much money as possible.”
Um?

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Ken Lewis Grew a Beard

October 2nd, 2009 · No Comments · Business, Media

But then he shaved it off, before any sort of financial paparazzi could get a shot of the thing. Deal Journal deconstructs the psychology behind the soon-to-be-ex-BofA chief’s sudden chin fuzz, and the FT presents several artist renderings of what the thing may have looked like. My vote is for the Old Dutch.

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Breaking Hole-in-the-Ground News!

September 30th, 2009 · No Comments · Business

Good news and bad news for everybody, from the ever-sexxxy hole-in-the-ground beat.
The good: A notoriously fetid half-built hole in the middle of everything is finally going to grow up into a real live shiny building!
The bad: The notoriously fetid half-built hole in the ground in question is in New York. Our own hole is still, [...]

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Buzzards Bay Brewing Folds House Label

September 17th, 2009 · No Comments · Beer

So says the New Bedford Standard-Times.
According to the paper, sales of the Buzzards Bay label have slumped to under 200 barrels a year – not a pretty figure.
The brewery will stay open, self-distribute a small new house line, and contract for Cisco and the awesome Pretty Things.

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Reporters Not so Great at This Whole Finance Thing

August 20th, 2009 · No Comments · Business, Music

So says the WSJ, which chronicles the greatest hits misses of scribes-turned-failed-barons here.

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Liar Loans Come to India

August 13th, 2009 · No Comments · Business

In the slums, cash is plentiful. All you have to do is tell some private equity firm that you’re using it to start some fruit stand or something. No documentation necessary. Doesn’t that sound familiar?

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Bail Yourself Out

August 12th, 2009 · No Comments · Uncategorized

I didn’t think it was possible to top this Christmas-time “Freedom, Hope and Courage” pawn shop window, in which famous American heroes urged down-and-out Americans to surrender their used gold and televisions for Keno money.
I was wrong.

Check out this thing here. It’s the first family! And a cardboard flag, and a sign that says “America,” [...]

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Lehman: Everything Must Go!

July 23rd, 2009 · No Comments · Business

Internet-bound Lehman nostalgists are hereby directed to the Lehman Store on eBay, where the bankrupt investment bank is unloading $1.5 million worth of leftover corporate tchotchkes like hand bags, umbrellas, T-shirts, pens and notebooks.
Have a slightly bigger budget? Perhaps you’d be interested in this stunning (though slightly used) million-square-foot Waltham office complex. No reasonable offer [...]

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Before There Was A Hole Downtown…

July 8th, 2009 · No Comments · Business

…there was Hayward Place, a parking lot/would-be luxury high-rise that’s been trying to make a go of it for the better part of a decade now.
Millennium Partners, developer of the Ritz towers, has been collecting parking revenue while sitting on the thing for years, and since this is an election year, some folks have [...]

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