Monthly Archives: September 2009
In most jurisdictions, this is a hanging offense
Students save lawyer’s life.
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Marc Dreier interviewed by Vanity Fair
The story of Marc Dreier, the lawyer/swindler caught impersonating a client up in Canada when he was trying to steal $100 million, lost media attention when, five days after his own arrest,Bernie Madoff hit the cuffs and eclipsed him. Vanity … Continue reading
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What’s scary is that we always get what we deserve
Egypt, responding to fear-mongering stories about swine flu, ordered the slaughter of all its pigs, thus wiping out the livelihood of 70,000 families and reducing its pig population to zero. Now the garbage those pigs used to eat is piling … Continue reading
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The press – predictable, but at least we know they hate Bush
On February 28th of this year, when Obama’s new crew lifted the ban on photographing coffins bearing our war dead, I suggested that, since the entire matter was really about Bush, not honoring our dead, we’d see one day of coverage … Continue reading
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Another impressive contract
The upper end (above $5 million) range of our market has been dead as a doornail for months so I’m pleased to see that Martha Jeffrey’s listing on Meadowcroft for $9.950 million has gone to contract. Earlier this year, Martha … Continue reading
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Moving on?
182 Otter Rock sold as land for $4 million back in 2007 (after asking $5.9 for a year-and-a-half) and the house built on it came up for sale at $10.5 million in 2008. That didn’t work out well so the … Continue reading
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11 Lindsay Drive finds a buyer
This is a magnificent house set on two acres off North Street that has sat unsold for several years, no doubt because its $13.750 price tag collided with the collapse of our real estate market in 2007. It was reduced … Continue reading
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UFO’s in the sky? Send out the Marine Police!
Responding (slowly) to citizen reports of a UFO invasion, our police responding by dispatching our marine patrol division, a branch better known for finding miscreant boaters, not celestial objects. “We checked,” GPD Chief David Ridberg explained, “and they were the … Continue reading
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The John Paul Tudor Jones video is back (briefly)
This almost mythical video of a young (32!) John Paul Tudor Jones at work in 1987 is diligently pulled from the Internet every time it surfaces. I’m not sure why, other than Mr. Jones’ modesty. It doesn’t show him in … Continue reading
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Walter Noel finds his Mini-Me
A Michigan broker doing business as, I kid you not, “Fast Frank”, has been charged by the SEC with involving his clients in a $250 million Ponzi scheme. Add a few billion and see whether you can find a difference … Continue reading
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Patriot Bank director retires 9/23 effective immediately for health reasons. Significant? I have no idea.
(updated) Brian Fitzgerald resigns for “health reasons”, “to spend more time with his family”, or “to pursue other opportunities”. Take your pick, but I’m betting on health: he got a good look at their books and fell deathly ill.
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Park Avenue in Old Greenwich
This is a nice street, popular despite the many small children lost to the occasional but regular flooding afflicting it. So it’s understandable that the owners of a five-year-old house at 68 Park might be tempted to ask $2.795 million … Continue reading
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Why Democrats can sleep easy
Republicans continue to tear themselves apart over the abortion issue (while Democrats just do that to fetuses). Up in Watertown, New York, my Pal Nancy’s old flame, Congressman John McHugh was promoted by Obama to be Secretary of the Army, … Continue reading
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This could have an interesting affect on London’s housing market
Britain vows to bar bankers’ bonuses. It’s unlikely that Britain will really do this and drive its financial industry to Switzerland or Zimbabwe; unlikely, but not entirely impossible. Our own Barney Frank dreams of doing this to all U.S. corporations, … Continue reading
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We all live in a yellow submarine
Or some of us do. On a day when there have been but two contracts reported and no sales (it is, of course, Yom Kippur) comes a new listing at 121 Valley Drive asking $2.750,000. It last sold in 2004 for $2.4 million, … Continue reading
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Renting spec houses
This year thirty-two houses built since 2006 were rented instead of sold. Glancing down their ranks I’d estimate that almost all of them were all also listed for sale and most of them were built as spec houses but couldn’t … Continue reading
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Cause and effect?
Having finished off polar bears, global warming turns on mooses. And, from the Norwich Millionaire, there’s this: LL Bean to exhibit dead mooses locked in combat. You can see what happens when moose don’t keep their cool.
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CIA, NIE – Enemies of our state or just Bush?
Back in 2006 the CIA leaked a report to the New Yorker’s Seymour Hersh claiming that there was no evidence that Iran was working on developing nuclear arms. In December, 2007, our National Intelligence Experts leaked yet another report, stating that … Continue reading
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Half-way home?
The listing broker for Leona’s place, not content with already holding the all-time record for a price cut in Greenwich real estate (or the world, probably) has cut it again, and now offers the land for a mere $60 million. … Continue reading
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What could possibly go wrong?
Obama plans $35 billion for more no-money-down housing for poor folks. Don’t worry – this time, they’re going to be really, really careful.
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