Daily Archives: December 8, 2013

Here’s one I don’t remember

Greenwich Time Archives today republishes a story from 1913 announcing the opening of a theatre on Greenwich Avenue. Was that where the movie theatre, now the Apple store, was? Somewhere else?

Dec. 12, 1913: Now that the new theatre building on Greenwich Avenue is attaining proportions the public are becoming very much interested and want to know more about it.

Greenwich is certainly to have when this is completed a real theatre, and no makeshift like the Auditorium or that peculiar room in the Town building called the Town Hall, whose acoustics, properties and exits have been so seriously criticized.

The theatre now being built is to be called the Greenwich Theatre. Joseph Christiano, the well-known contractor, is the owner, and Frank Lemongelli is the proprietor of the theatre itself. It is to cost $50,000 and will be as complete as any theatre of its size in the country.

In the first place it is to be absolutely fire proof. The ventilation in winter and summer is to be on modern lines and with modern appliances.

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Seen any hate crime lately?

Lunenberg students hold candlelight ceremony to show support for their friend and "victim"

Lunenberg students hold candlelight ceremony to show support for their friend and “victim”

The past few years, every supposed hate crime turns out to be a hoax perpetrated by the “victim” himself (or herself), like that lesbian waitress (since fired) who claimed she wasn’t tipped, and various incidents involving the heads of student “anti-hate” committees who are eventually discovered to have sent themselves threatening emails, painted anti-gay slogans on libraries, etc.

Here’s the latest such fraud:

November 18th, Luenburg (MA) school system cancels high school football team’s season and orders all previous games to be forfeited after racial slur is painted on bi-racial player’s home.

While many community members are banding together in support of Isaac and his family, not everyone thinks the school made the right call.

“They have one or two screwballs that did this alleged crime and their punishing the entire school basically. That’s not right,” Dan Keohang said.

Sunday night the town gathered in support of Phillips at a candlelight vigil, and now the school is joining the community in sending a message.

“We have no tolerance for racism in any form and we do everything we can to eliminate it from our schools and our community,”[Superintendent Loxi-Jo] Calmes said.

Latest development:

(NECN: Josh Brogadir, Lunenburg, Mass.) – The police investigation in Lunenburg, Mass. into racist graffiti spray-painted on the side of a home is now centered on one person: The [white] mother of a boy who accused her son’s teammates of racism.

The school board sees nothing wrong with its actions in punishing an entire team of high school boys for something they didn’t do, it just adjusts its story – that solves that, doesn’t it?

“I never looked at the cancellations as punishment, although it was certainly viewed that way by many. In the end, the safety of students and attendees at the games was deemed as of paramount importance. At no time did I or any employee of the schools indict or implicate players,” said Lunenburg Superintendent of Schools Loxi Jo Calmes.

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Former boiler room operative recounts his involvement with Stratton Oakmont

Al D'Amato and friend

Al D’Amato and friend

Sounds about right, based on my own interviews and depositions of this type of scum.

The founder of Stratton Oakmont, Jordan Belfort , has written a horrible book which has been made into what I hope will be an entertaining movie, “The Wolf of Wall Street”, but no one seems to be focusing on or even remembering who kept this massive fraud going on for years: Republican senator Alphonse D’Amato.

D’Amato did more than just make instant profits (Hillary Clinton, anyone?), he used his position as minority leader of the Senate Banking Committee to shield the company from an ongoing SEC investigation.

Senator Alfonse M. D’Amato was a customer of Stratton Oakmont for approximately five months, beginning in April 1993. We received differing accounts of how Senator D’Amato became a Stratton customer. David Beall, the Stratton RR on Senator D’Amato’s account, offered one version. …

[Belfort’s partner] Porush gave a different version of Senator D’Amato’s introduction to Stratton. Porush stated that Senator D’Amato discussed opening a Stratton account with Jordan Belfort at a D’Amato fundraising event at a hotel in New York City. According to Porush, Senator D’Amato asked Belfort, “Can you make me some money?” Belfort responded, “Are you sure you want to do this? They [the SEC] are looking at me. It would look bad.” According to Porush, Senator D’Amato responded, “Since when is it illegal to make money in the stock market?” [Emphasis added.]

Senator D’Amato’s experience as a Stratton customer is atypical in several ways: First, the Senator was permitted to open an account even though he did not come close to meeting Stratton’s qualification criteria. Second, he was not personally consulted on trading decisions, but was instead permitted to communicate through an assistant. Third, his account appears to have been in effect a discretionary account, which is contrary to Stratton policy. Fourth, he was allocated a much larger number of units of Computer Marketplace — a “hot issue” — than other customers with accounts of comparable size and history at Stratton. New customers with accounts as small as Senator D’Amato’s rarely, if ever, get sizeable allocation of Stratton IPOs.

Stratton’s bending of its own rules to service a United States Senator who, through his status as senior minority member of the Senate Banking Committee, wielded influence over the SEC, raises suspicions about Stratton’s motives. Stratton enabled Senator D’Amato to receive $37,125 from a Stratton hot issue at a time when SEC enforcement proceedings were pending against the firm.

[Emphasis added.]

Loewenson’s report raises many questions regarding Senator D’Amato’s conduct regarding the Stratton IPO, and the real facts behind the $37,125 profit he earned that day.

Fourth, did Senator D’Amato intercede on behalf of Stratton Oakmont with the SEC, or otherwise intervene to benefit Stratton Oakmont with any pending legislative or governmental matter? The Ethics Committee must undertake a full, thorough investigation to answer this question.

The Senate whitewashed its colleague, but it is a fact that when D’Amato was defeated (by Chuck Schumer, of all people, in 1998) and left office, the SEC was finally able to shut Oakmont down – and not until then. I have (had) a personal interest in this story because around then I was holding a million-dollar arbitration award against the firm, which it wasn’t paying. The Monday the NASDAQ chief enforcement officer told me that Stratton Oakmont would pay up that day or be suspended, Mary Shapiro, then at NASDAQ, announced that she was shutting down the firm immediately because, as she put it, “we can’t allow them to steal from new victims to pay off the old”. I saw her point, but I was in for third of that million dollars, and the promised payoff was scheduled for 10:00 that morning – Shapiro made her announcement at 9:30. She couldn’t have waited a couple of hours?

In any event, Jordan spent 22 months in prison, was forced to disgorge some of his loot, and is now a “motivational speaker” and the subject of what I hope will not be a hagiographic film, but probably will be. D’Amato, 76, never saw a day in jail, kept all his loot, and lives in Washington, D.C., where he is busy adding to his assets by lobbying his former friends in crime.

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When the Onion and reality merge – film studies graduate worries over how his parents will pay off his student loans

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Obamacare and privacy? Ha.

 

Trust me: this'll just be between you and me

Trust me: this’ll just be between you and me

California is providing private insurance agents the names and full contact information of people who checked out, but didn’t complete applications for ObamaCare.

The Los Angeles Times’ Chad Terhune reports that Covered California, which Obamacare proponents have held up as a rare example of a functioning state health care exchange, provides names, addresses, phone numbers and email addresses of customers who did not ask to be contacted.

“[Y]our contact information was provided to me by Covered California since your application is not yet finalized, however, you have been determined as eligible by Covered California,” an email sent to one outraged Californian began.

Covered California Executive Director Peter Lee told the paper that the unwanted contacts were necessary because the exchange, which claims to have signed up 80,000 people in insurance plans and qualified another 140,000 for Medicaid, is falling behind in its enrollment goals.

“I can imagine some people may be upset,” Lee offered.

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You might want to sit down for this

I'll just be a minute - or two

I’ll just be a minute – or two

Home Depot customer finds herself glued to toilet seat. Product demonstration gone awry?

GA. According to an incident report filed at the Banks County Sheriff’s office, a woman found herself glued to a toilet seat after using the restroom at the Home Depot store in Banks Crossing last week. Someone allegedly put glue on every toilet seat in the women’s restroom. Unfortunately, the woman didn’t realize this until she was already stuck.

Emergency medical services personnel were called in to help remove the woman from the toilet.  She was then transported to a Gainesville hospital where she received treatment.

The store manager found a brown paper sack in the restroom containing a bottle of Loctite GO2 glue, a product that not only boasts of durability, but also versatility.

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There’s just no pleasing the masses

Under repair

Under repair

The new Royal couple has neighbors up in arms over their choice of roof tiles.

A new orange roof makes their weekend place “look like a Barratt house”, sniffs one dowager. I had to look that up – a Barratt Home refers to Englands largest builder and is not, except, perhaps, in the dowagers’ mind, connected with the Borat.

To my eye, the tiles look like a Ludawici product which here in humble Greenwich is considered a premium feature, not a detraction. In any event, the royals are in the process of screening the house, and its roof, from public view, so the neighbors  will not have to be offended for much longer. Of course, human nature being what it is, I’m sure they’ll continue to seethe, just knowing that behind those walls is a pile of bad taste. Perhaps it would help if they considered that things could be worse:

984682

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