Archive for June, 2011
« Previous EntriesGetaway Day
Welp, I’m moving today. Yep. Me, Weezy, Lionel, and Florence the Maid, are moving to a new DEEE-luxe apartment in the sky. On the East Side. But we’re moving closer to the Willises. You know Tom, Helen, and Lenny Kravitz? Oh wait, I mean Jenny. Oh you didn’t know that in real life, the woman [...]
Stuff the Ballot Box
So I gather the whole financial world is on pins and needles right now waiting for an announcement out of Greece that their parliament has passed this austerity plan to get them back amongst the financially alive. Stock markets are all up around the world, feeling that the vote will be “Yes”. Ok, so say [...]
Oh I Seen This Movie Before
I was kind of wondering what was taking them so long. And by them, I mean the mainstream media. The Wall Street Journal has “Anatomy of A Market Meltdown”. It tells the story of a nifty shift in the market for previously beaten up (and now beaten up again!) subprime mortgage bonds. It talks of [...]
The Business of Sports
Well, well, well, one of the most storied franchises in ALL of sports, is bust. Yep, the Los Angeles Dodgers Baseball team with its roots in Brooklyn, NY, has filed for Chapter 11. Yep. This is the team that was the first one in ALL of baseball to have 3 million paying customers in a [...]
Oh You Take The Freeway and I’ll Take the Subway!
Crude oil briefly traded below $90 this morning in Europe. For those who don’t know, that’s a LOT lower than it was just a few weeks ago. Now I havent seen a huge change at gas stations and gasoline prices CERTAINLY arent as low as they were 5 months ago, when crude oil last traded [...]
Listen to Me AND The Mailroom Guy
Here’s the comment of the day from a guy nicknamed “Jackmackeral” after a WSJ.com article today. “If this guy is the father of the mortgage finance market, Barney Frank is the mother of the no doc loan.” No doc loans, also are referred to as “liar loans”, because these were loans given to people that [...]
Grad-Yee-Ashun Day!
Stocks end down, but not by as much as they were earlier. It feels “heavy” though, doesn’t it? So does my head.
Is This Love That I’m Feeling?
So for my kid’s new school that goes from 3rd to 5th grade, again in East Harlem, they have a little requirement. Before the kiddies enter the 3rd grade in the fall, they like to send a social worker AND a 3rd grade teacher to the kid’s home. Not a bad idea. I mean they [...]
Should I Have a Telethon?
So I gather what once was probably viewed as a “hot ticket”, ain’t so hot anymore. Charlie Gasparino and others are reporting today that many “head honchos” of Wall Street are going to be “no-shows” at tomorrow night’s $35,800 a plate dinner with President Obama at Daniel restaurant in NYC. Yep. No Jamie Dimon from [...]
Oh, The Money Is Gone? Oh.
So have you heard about this cat in California who mistakenly got deposited a nice 110k check in his account by the IRS? Well, yeah mistakes happen all the time. Apparently the money was meant for some old bird (technical term meaning woman), who had changed her bank account and the same bank account number [...]
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