Daily Archives: March 10, 2009

$150 million more for Realogy – will it be enough?

The Wall Street Journal reports that Apollo Management, owner of Realogy (and thus Sotheby’s, Century 21 and Coldwell Banker) is throwing another $150 million its way to keep it alive through 2009. But it isn’t going to be easy. Realogy … Continue reading

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There’ll always be an England

  Muslims greet homecoming British troops, call them “Murderers” and “Baby Killers”.

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Pelosi’s airforce

  You’ll recall I mentioned last week that Nancy Pelosi, scourge of executives who fly, rather than crawl to audiences before her, Miss Global Warming herself, was stuck in California two weeks ago when her jet was snowed out of … Continue reading

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February 2009 sales from John Cooke

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Catholic priests again free to plunder assets, kidnap children and burn cats at the stake

The Connecticut Judiciary Committee, astounded to learn that its proposal to regulate the internal affairs of a church might be a tad unconstitutional, has yanked the bill from consideration for this legislative session. ”Well golllll lee” said Grand Duke  Andrew McDonald (“No “a” … Continue reading

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Hey, here’s a surprise!

WSJ says Madoff will plead guilty Thursday. What about the boys? What about Walter? Later, maybe.

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2005 market vs. 2009

This nice little cape  Georgian in Havemeyer was listed for $995,000 in September, 2005, raised to $1.1 million a month later and sold for $1.2 million. Four years later, the buyers have put it back on the market at $1.195. I … Continue reading

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Scariest photographs you’ll ever see

InstaPundit provides this link to celebrities, before and after. Keith Richards is probably the scariest but if you have a drinking problem and think that vanity might help you stop, scroll down to see what booze has done to Nick Nolte. Very sad. Update: … Continue reading

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Someone’s buying

The past few months my brother Gideon and I have noticed a particular local family buying single family houses. These guys have been doing that at least since the 1950s – not often, and not a whole lot, but they’ve … Continue reading

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So what’s land worth today?

This Stag Lane property sold for $805,000 in August, 1995. I think it’s fair to say that time has not been kind to the house since then and it could use, at the least, a new roof, windows, kitchen, baths, … Continue reading

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PETA Furrious – leather boots are back in fashion in Muskogee

With the new adminsitration, the WSJ reports, fur has returned to our capital. Furs came out around the time of the inauguration, when subfreezing temperatures coincided with high-glamour events. They’ve stayed as nearly 6 inches of snow covered the White … Continue reading

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This will help their economy as much as Obama’s helping ours

Swedes raising taxes to fight “global warming”.

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Watch out, Matthews – you’ve got competition

TV commentator bursts into tears at HSBC stock’s fall.

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Did she do any worse than Walter?

Deal Breaker reports on Stanford’s CEO – kind of reminds me of Oola (?) the secretary hired by Zero Mostel in The Producers. It seems Reuters would have us believe the firm’s CIO, Laura Pendergest-Holt was hired to keep her … Continue reading

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Please, sir, may I have some more?

Dealbreaker on auto unions cutting their pay for government handouts. How wonderfully perverse. A sacrificial beauty contest. Who gave up the most? You? I see you’ve severed the last two fingers on your left hand. Excellent. Wait… is your entire … Continue reading

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One less in inventory, 999,785 to go

This almost-in-Bedford house was bought for $3,113,500 in the spring of 2001 (asking price was $2,995 million). The buyers re-listed it last spring for $5.495 and in August also put it up for rent at $18,000. The sale price eventually … Continue reading

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What a ranch house isn’t worth

The owners of this mid-country ranch paid $1.250 for it in March of ’07, did a little sprucing up and tried reselling it for $1.649 million in Februaty, ’08. They withdrew it from the market today having failed to get … Continue reading

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Short squeeze?

(12:35 PM) Stocks are up – DJI over 300 points, all on Citi’s Pandit’s promise of profits. Are there bank stock shorts being squeezed out there on the floor or are these guys really as dumb as a box of rocks? … Continue reading

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Price Cuts

Purchased for $3.780 million in September ’04, relisted at $4.895 in May, ’06, this Milbrook house is now marked down to $2.999. Short sale? I guess not, since the listing doesn’t mention it.   The sellers of this home paid … Continue reading

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Stem cell scam

“Stem Sell” is more like it. All hot air, but as long as that Debbil’ Bush was preventing sick people from being cured, it was worth the hype. Expecting results now that the One has reversed Bush (and Congress, by … Continue reading

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