December 2008
12 posts
“The Bush administration took a lot of pride that homeownership had reached...”
– The Reckoning - Bush’s Philosophy Stoked the Mortgage Bonfire - Series - NYTimes.com
Translation: I have no brain.
“10/27/2008 Listed in StreetEasy by R&R REALTY at $6,495
11/10/2008 Price...”
– The NYC Real Estate Market in Realtime
“It’s depressing because China in many ways feels more stable than America today,...”
– Op-Ed Columnist - The Great Unraveling - NYTimes.com
“Bernard L. Madoff, the New York financier who authorities say has confessed to a...”
– The Madoff Scandal - Mergers, Acquisitions, Venture Capital, Hedge Funds — DealBook - New York Times
If he’d held up a bodega for $50 he’d be in jail. This man defrauded people and institutions to the tune of $50 billio. This is complete and utter garbage.
I think it is funny
antikris:
That all the self proclaimed Atheists are wishing everyone a Merry Christmas. At least I have the decency to call it Giftmas, which to someone who doesnt believe in Christianity, it should be. Anyway, here’s to the season of hypocrites! Word up for consumerism! Does this make me a Grinch or a realist?
Wishing people “Happy Giftmas” invites conversational response that is...
“Coming to the United States from Europe, I found this constant reinvention...”
– Op-Ed Columnist - Pan Am Dies, America Lives - NYTimes.com
“As regulators and shareholders sift through the rubble of the financial crisis,...”
– The Reckoning - On Wall Street, Bonuses, Not Profits, Were Real - Series - NYTimes.com
I ask this with no sense of irony - why aren’t bonuses zero? Why would anyone at a firm that failed (like Merrill) get a bonus of even $1? This strikes me as utter foolishness and an unconscionable waste of...
Go to War with the Army You Have
[caption id=”attachment_44” align=”alignleft” width=”60” caption=”Stuart Ellman”][/caption]
[caption id=”attachment_45” align=”alignleft” width=”60” caption=”Eric Wiesen”][/caption]
We recently had the opportunity to talk about the current funding environment with a bunch of smart people at a brown...
“In the first half of this year, borrowers defaulted on modified mortgages at...”
– Ouch! Borrowers Keep Defaulting After Mortgage Modification: Tech Ticker, Yahoo! Finance
“The great irony is that our new place in the global economy is a direct...”
– We’re using the bailouts to rebuild giant financial institutions. But what we really need are small ones. - By Eliot Spitzer - Slate Magazine
Say what you want about him, but this cuts to the very essence of declining US competitive advantage.
“We have relocated to Los Angeles and need to move this apartment FAST! WE WILL...”
– BEST DEAL ON THE UPPER WEST SIDE! Newly Remodeled 2BDR/1Bath Apartment
This is the NYC rental market today.
How Deep is too Deep?
[caption id=”attachment_44” align=”alignleft” width=”60” caption=”Stuart Ellman”][/caption]
Now that the markets have tanked and pensions and endowments are selling off their private equity holdings to rebalance their portfolios, many people have gotten religion. VCs realize that the environment for raising new private equity funds is not great. ...