Monthly Archives: April 2010
On-line title insurance?
A reader sends along this link to a company claiming to save you 35% on title insurance. I’m fifteen years away from real estate law, so I don’t know what to tell you. It might be a deal, or perhaps … Continue reading
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Ego reigns supreme
Charlie Crist to run as an independent. Worked for Liberman, once, but I don’t see it happening again. But these guys do love their offices!
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Is there no justice?
Pole dancing does not rise to level of “artistic expression” and qualify for sales tax exemption. I’m leaving the country!
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A couple of contracts, but not enough to keep us busy
Mostly I hear these days of busted contracts, which is good news for buyers who missed out the first time, but here are two that might work out. 9 Roberta Lane sat around for a year or so but is … Continue reading
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$139 billion to bail out Greece? I don’t think so
Germans aren’t happy, and who can blame them?
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The hope for high-end Greenwich real estate
Communists and lawlessness. You’re rich one day, imprisoned the next. We’ve already seen at least one sale here in town that fell apart when the buyer travelled back to Russia and found himself shipped off to Siberia. But there are … Continue reading
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Here today, gone tomorrow
The Hamptons, Nantucket, wherever you build on the edge of the sea, you take your chances. Real-estate brokers say that oceanfront property remains as desirable as ever, however, buyers will seek a discount if a home doesn’t have a bulkhead … Continue reading
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Rolling in his (oversized) grave
Wind farm off Chappaquiddick to be approved today. An Indian tribe that uses the area for sacred rituals that require an unobstructed view of the sunrise has vowed to sue if Mr. Salazar approves the project. “Caedite eos! Novit enim … Continue reading
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We’re ruled by morons
The Senate displays, yet again, its ignorance of the financial world. Who are these people, and where did they come from? 3) Today’s inquisition was a sideshow. Here is what really happened: there was a bubble in housing prices. The … Continue reading
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Hit the road, Jack
California county bans Happy Meals. The faith in government these morons hold is endearing.
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Apple too risky for investors?
There’s an opinion piece in today’s WSJ pointing out that Dodd’s bill is going to recreate this nonsense . Indeed, I remember my securities law professor, Nicholas Wolfson (“the Wolfman”, for those who attended) ranting that the state of Massachusetts … Continue reading
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Thank you, Mark Finerman
This CEO of Loancore Capital saw the town’s Christmas tree blown down in the recent storm and has paid for a beautiful replacement. I realize that I am risking being obnoxious and offensive here, and if I am please forgive … Continue reading
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Is this how it begins?
Crisis spreads in Europe “Investors are increasingly thinking about the risk of the unthinkable in Europe,” said Stu Schweitzer, a global market strategist at J.P. Morgan Private Bank in New York. “The concern is contagion.” That reality will force EU … Continue reading
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Money is no object – taxpayers must cough up
Worth $265 million? Hurricane damage? FEMA is here to shovel other people’s money your way. The left keeps harping on right wing “hate”. I suggest that we’re just fed up. Unlike say, Nic Cage or Lindsay Lohan, Beyonce Knowles is … Continue reading
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Our country’s doomed
This from Iowa. Iowa! If we’ve lost the heartland, what’s left? (Teachers organize they’re stewdents to protest budget kuts)
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The market’s back!
That’s the thinking of some sellers, anyway, as I just had two really good – all cash, big numbers, close in two weeks offers – rejected by spec builders. Maybe so, but the Dow dropped 213 points today and Europe’s … Continue reading
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She has this right
NYT Op-Ed, Bethany McLean But the transaction at the heart of the S.E.C.’s complaint is a microcosm of the entire credit crisis. That is, there are no good guys here. It’s dishonest and ultimately dangerous to pretend that Goldman is the … Continue reading
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Something wrong here?
One third of San Francisco municipal employees paid $100,000 + per year. (Hat tip, “Max”) More than 1 in 3 of San Francisco’s nearly 27,000 city workers earned $100,000 or more last year – a number that has been growing … Continue reading
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