Entries from November 2008

November 30, 2008

No wonder banks are in trouble

If this tale of bank ineptitude in California is typical of what’s going on around the country, the real estate market is in for a rough ride. Banks can’t get their act together to accept short sales – sales that are less than what is owed – and end up letting the property going to [...]

November 30, 2008

He qualifies to sell real estate in Greenwich

Dublin truck driver strikes two bridges within a half hour. If you’ve ever watched Greenwich real estate agents attempt to maneuver at broker open houses, you might think this guy taught them, and you’d probably be right.

November 30, 2008

Stop digging

Woman in Metrodome sex incident claims she was drugged, wants an investigation.

November 30, 2008

Who Knew?

 New York has an elephant polo team and it’s off to India to compete!

November 30, 2008

Submitted with (almost) no comment

 
From today’s Greenwich Time:
Second Congregational Church to screen Christmas movie
“The Christmas Cottage,” a PG-rated family film inspired by the early life and art of painter Thomas Kinkade, will be shown on a theater-size screen at 7:30 p.m. Friday at Second Congregational Church, 139 E. Putnam Ave.
The screening is free. Runtime is one hour, 43 minutes.
I [...]

November 30, 2008

Schadenfreude with a twist

The Yellowstone Club, gated enclave for the very, very rich, has filed for bankruptcy. Greg LeMond and a bunch of far richer types won’t be able to ski there this winter and, presumably, will lose out on the fun of keeping out trespassers – who wants to trespass where nothing’s happening? 
But what struck me is the [...]

November 30, 2008

Tesla’s battery drain

From time to time, this blog likes to check in on the progress of the Tesla, a battery powered go-fast car that’s supposed to go 0-60 in under 4 seconds and have a range of 144 miles. The company sold a number of prototypes at $110,000 per and one of these days may actually deliver [...]

November 29, 2008

This may cut down on his popularity on campus

Dalai Lama says sex invariably spells trouble.

November 29, 2008

Do no evil?

A reader from Beijing (probably my only reader in Beijing) writes:
“It’s interesting that Hong Kong can read your site because here in Beijing for some reason you can’t. Thats typical of many blogs though the ones on Google rarely seem to have a problem.”
I can’t say for sure, but I would think this easy access [...]

November 29, 2008

More on The Crown’s new bank

Greenwich Time has a cheerful article on Britains’ takeover of RBS and its subsidiary, Greenwich Capital. If I were the worrying type, I’d worry about this quote from Stamford’s mayor about the long term prospects of keeping the new RBS building occupied:
The facility will accommodate up to 3,000 employees; about 600 of them will come from [...]

November 28, 2008

I don’t know and I don’t care

“Where in the world is Joe Biden?”
As far as I’m concerned, the only good thing about the election is that it removed Biden from the Senate, where he could continue to do harm and shuttled him off to the dark corner of obscurity that is the Vice President’s natural habitat. No one’s seen or heard [...]

November 28, 2008

Private schools “thriving”.

In New York City, at least. Applications up, money still flowing in, all is serene. That’s probably good news for Greenwich private schools as well. But there’s this:
Mr. Davison, who also heads the Guild of Independent Schools in New York, warned: “It’s Wall Street that worries us in New York City. If all these financial [...]

November 28, 2008

“So this is Christmas, and what have you done?”

John Lennon would have loved this one: Stampeding Christmas shoppers trample Wal-Mart worker to death . I hope the paramedics trying to save the poor bastard’s life didn’t interfere with anyone’s bargain shopping – I’d hate to see someone’s Christmas ruined.
UPDATE: Well I can see why! “Black Friday shoppers out in force, but cautious”.

November 28, 2008

Whew!

According to this poll, the public blames bankers, not real estate brokers, for the sorry mess we’re in. Of course, that may be because the public already had taken the measure of the ethics and knowledge of real estate brokers and is just disappointed to discover that bankers are moronic thieves, too. I’m okay with [...]

November 28, 2008

In Singapore, down-sizers and bargain hunters are the market

Go halfway around the world and find that what’s true in Greenwich is true in Singapore. When they talk about a world-wide recession, they aren’t kidding.

November 28, 2008

What’s an agent to do in troubled times?

Well, according to this article, real estate agents are quitting the business entirely (see ya – we’ll miss you) or abandoning large firms for smaller ones. I’m content where I am (although I’m glad I have a dusty law license in my back pocket – never too late to brush up on bankruptcy law and resume [...]

November 28, 2008

Royal Bank of Scotland is now truly Royal

I don’t know how bad this news is (it was certainly expected) but it can’t be encouraging: Britain takes over the Royal Bank of Scotland. In case you’ve forgotten, that’s the bank that’s been building a huge tower next to UBS in Stamford with the intention of bringing in lots of home-buying, high;y-paid employees. The management [...]

November 27, 2008

Realogy dissed by the Times

Realogy, parent company of Coldwell Banker and Sotheby’s, is trying an end run around its creditors in an attempt to stave off bankruptcy. Will it work? Will Apollo Management, which owns Realogy, survive long enough to pay off its debts? This article suggests that Carl Ichan, among other debtors, doesn’t seem to think so. I [...]

November 27, 2008

Sarah Palin and media hypocrites?

Our former Vice-Presidential candidate has been savagely criticized by her “gaffe” of pardoning one turkey while another bird was being slaughtered in the background. “Oh, the humanity!” “Oh, how could she be so stupid?” Here’s another take: Palin knows exactly where the turkey that will appear magically on your table this afternoon came from, and [...]

November 27, 2008

It’s Thanksgiving!

Which means, if you’re of a certain age, that it’s time to listen again to Arlo’s “Alice’s Restaurant”. WFUV (90.7) on your dial, WFUV.org, if you’re into internet streaming, will play all 18 (?) minutes of it beginning at noon today. For me, it brings back a couple of notable hippie Thanksgivings, one in Lowell, [...]