Monday Links: DOB on Notice Edition
Sunset Park. Photo by Paul. GL Analysis: The Manhattan Crane Collapse Horror [GL] Avella Calls for Patricia Lancaster’s Resignation [NY Sun] Department of Disaster’s ’08 Track Record [Lost City] Cringing in the Shadows Cast by Cranes [NY Times] Behind Tragic Site’s Various Violations [NY Post] Unrelated to the Crane Tragedy: Studying the Footprints of a…
Sunset Park. Photo by Paul.
GL Analysis: The Manhattan Crane Collapse Horror [GL]
Avella Calls for Patricia Lancaster’s Resignation [NY Sun]
Department of Disaster’s ’08 Track Record [Lost City]
Cringing in the Shadows Cast by Cranes [NY Times]
Behind Tragic Site’s Various Violations [NY Post]
Unrelated to the Crane Tragedy:
Studying the Footprints of a Governor-to-Be [NY Times]
The Edge: A Barometer in Williamsburg [NY Times]
Fed Acts to Rescue Financial Markets [NY Times]
St. Saviour’s Neighbor Threatened [Queens Crap]
Church Row on Lafayette? [General Greene]
The Brooklyn Hamptons? [Ditmas Park Blog]
Auden in Brooklyn [Brooklyn Eagle]
A third of Bear was employee-owned. How’s that for destruction of wealth?
“Where is The What?”
I’m Here!
“Just wanna say that I bow before the wisdom of The What and unreservedly apologize for any comments I may have made that cast doubt upon his sanity. The only financial ray of sunshine I can envision in my future is if he were to use his predictive powers to pick some Megaball numbers for me. The Fed lending to brokerage houses? Things are getting real desperate.”
Look at this quote: All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. – Arthur Schopenhauer
“How bad are things on Wall Street?”
This is just the beginning. You have no idea whats coming next. Look at this…
The Stock Market Crash of 1929
http://stockmarketcrash.atspace.com/
When the deal for Bear Sterns went down at 2 dollars a share I said “Oh Shit. Thats a massive haircut. The employees who own BS stocks their portfolio just got fucked!
I was thinking about housing. I bet all the mortgages in everyone pipeline has been frozen shut. Banks need to preserve capital and I don’t see any loans being made.
I’m not happy, I’m jumping up and down saying ” the war is over” I’m very afraid that The FED will use inflation to prevent a deflationary collapse. I think thing will get more expensive as the bullshit plays out. I hope you saved some money and are not in debt.
This is The What from the Eastern Front.
The What
Someday this war is gonna end…
o god
now greedy yuppie asstards like me will get the reaming we deserve
o god my family my babies
“It’s ridiculous, totally ridiculousâ€, Alan “Ace†Greenburg, Bear Stearns Mucky Muck responding to “rumors†on March 12, 2008
“It’s ridiculous, totally ridiculousâ€, Alan “Ace†Greenburg, Bear Stearns Mucky Muck responding to “rumors†on March 12, 2008
Why are you all such bitter renters?
right. ny real estate is shielded from all bad news in financials. and europe is “decoupled”. at this point, europeans buying ny RE are only enacting a currency trade. they would be better off just going long the dollar in cash. at least then they won’t have to absorb the underlying asset depreciation as well. the ones who bought at $1.45 are already underwater on the currency and even more on price declines. if you have 7 suckers now, better close quick. don’t be greedy. if they bail, i will cover you at $0.40 next month.
Yes, because investment banks aren’t global entities and play no role in the accumulation and development of foreign wealth. None whatsoever.
30% discount on all investment banks this morning. luckily is has not affected real estate prices though.