Monthly Archives: January 2009
So why should this house be worth $5 million in Greenwich?
I reprint here, because Greenwich Post offers no way that I can find to link to a specific article,[oops! I just did - click on the underlined link below] the paper’s “Home of the Week”. It’s in Wilton, on 2 … Continue reading
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Dodd outraged by special treatment from banks – demands it stop
Er, that would be special treatment for executives. Sweetheart mortgage deals for all Connecticut residents who also chair the Senate Banking Committee? “Not going to discuss it. Next question.”
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Fairfield Greenwich to meet with Peter Madoff
Or so says Clusterstock. The site even has a link where you can submit questions via a secret reader to Bernie’s brother. Sounds like fun but remember, if you’re a F-F-OW (that would be, “Former Friend of Walt) and get to … Continue reading
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How can you tell?
French workers go on strike. This is the civilian equivalent of the French army disbanding. Or it would be if there were a French army. Gee, guess I’ll have to wait for my new Pugeut.
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Here’s an uncomfortable question for Walter Noel
Assuming he can remember as far back as last Setember. When JP Morgan pulled its $250,000,000 from Fairfield Greenwich that month, causing FGG to suspend client redemptions, did you ask JPM why they were doing it? Were you at all … Continue reading
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Bottom story of the day
Republican complains that stimulus bill will give cash to illegals. What a dummy – everyone is getting money from this bill, with the exception of working citizens who pay income tax; we’re the ones who will be paying everyone else. Unemployed, … Continue reading
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Price reductions
Despite what I say below about being at a loss to precisely assess relative values these days, I’m not completely helpless nor are my colleagues. So if you’re going to reduce your price, make sure that you move the price … Continue reading
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At a loss for numbers
I’m finding it difficult these days to accurately assess a house’s value because there are so few sales with which to compare it. For instance, I saw 46 Terrace Avenue in Riverside at its first broker open house today and, although it’s … Continue reading
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Sales activity, sort of
19 Church Street W., Unit #4 (in Byram, not central Greenwich) has sold for $172.500, the lowest price for anything in Greenwich that I’ve seen for awhile. Granted, it’s just 546 sf, and has just a bedroom, living room and … Continue reading
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But the debate is over!
Someone out there is no more persuaded by Gore’s global warming than I am. The key players are now all in place in Washington and in state governments across America to officially label carbon dioxide as a pollutant and enact … Continue reading
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SAC Capital – burning papers in the bunker?
No no, just kidding, but DealBreaker reports that at 10:00 am there were 7 firetrucks parked outside its High Ridge Road headquarters. Now if that same number of engines were parked at 175 Round Hill Road, we’d have a story!
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Realogy Death Watch, cont.
Realogy, corporate owner of Century 21, Sotheby’s and Coldwell Banker, is shutting down its Coldwell Banker Litchfield office and shedding 15 agents. The closing came as a surprise to the agency because they’d been doing well “but not well enough, obviously”, … Continue reading
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Still for sale
I’m heading off soon on the Thursday open house circuit (and you thought this job was all about glamorous women and exotic locales) and one house I’d like to revisit is this one on Perkins Road. It seems to provide a … Continue reading
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Construction debris may not be all that’s falling from Trump Parc Stamford
This project in Stamford has been dropping all sorts of stuff on people and cars as it’s gone up but, so far, all has seemed to be going well with sales – the place was reported as 50% sold some … Continue reading
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A modified Rangel plan?
Thinking about this whole financial mess, it seems to me that our current crop of investment bankers never learned to take responsibility for their actions or for those under their care. Henry Blodget made millions for himself and Merrill touting … Continue reading
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You ever play hide and seek with your pals and the “hider” sneaks home?
That’s a sin in childhood games but not, it seems, in the grown-up world of finance. JPMorgan sold a triple-leveraged investment in Fairfield Greenwich Group’s Madoff Ponzi and, to show its good faith, put in $250 million of its own … Continue reading
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Riverside residents killed by drunk driver in Colorado
Horrible news with which to start the morning. Per Greenwich Time: Two town women, longtime librarians for the Perrot Memorial Library in Old Greenwich, were killed en route to the Denver airport Wednesday morning when their cab was struck by a … Continue reading
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A summary of Madoff/Noel, up to now
Here’s an excellent, pretty detailed overview of Madoff, Noel and the various characters in this Ponzi as of January 29th. From England, of all places.
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Those Fabulous Noel Sons in law
Know anything about them? How they met the girls? Did they have to agree to work for Walt in order to bed a Noel girl or was it the other way around? Toub’s father is a Lebanese shipper? Swiss shipper of … Continue reading
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Why don’t we just give the librarians a good dose of clap?
Thanks to reader Paco for pointing out this last bit of absurdity in the article on the Washington Post’s decision to eliminate its book review section. Douglas Brinkley, the historian, suggested that the book industry and book reviews deserved some … Continue reading
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