Here's a photo of a locked box for members at the New York Sports Club on Wall Street across the street from the New York Stock Exchange. As the photo below sent by a tipster shows, the occupant of this particular box couldn't be bothered with collecting the pennies that were left behind.
Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts
Tuesday, September 30, 2008
Saturday, September 27, 2008
A new name for Wall Street
Tom Robbins on the financial meltdown in this week's Voice:
Here's one small bit of payback that angry and frustrated New Yorkers could easily bestow on the grasping financial merchants behind last week's meltdown: Have the City Council — always down for a good street renaming — simply re-tag Wall Street with a new label, one more in line with its recent history: Boulevard of Greed? Gluttony Gulch? Chozzer Terrace?
For those of us prone to take the low road, these are the sort of names that instantly spring to mind, the nastier the better. And why not? How else to describe an industry that applauds nearly $500 million in bonuses for executives recklessly steering straight into the fiscal rocks, taking an entire economy down with them?
Labels:
economic collapse,
greed,
The Village Voice,
Wall Street
Friday, September 26, 2008
Noted
Since last Thursday, there have been 200 price cuts on properties listed at less than $10 million on Manhattan's Upper East Side or Upper West Side -- a 17% jump from the week before. Deanna Kory, a broker with New York-based Corcoran Group who's handling nearly two-dozen properties priced between $2 million and $10 million, says her showings are down by about 40% in the last two weeks compared to the same time last year. A slew of new buildings set to open in the next year will only increase supply. (Wall Street Journal)
Labels:
economic collapse,
expensive homes,
the richies,
Wall Street
Wall Street week in review: Monday
So, how was your week? As I've written before, I work in the Financial District, though my job has nothing to do with financials (or districts). Or Wall Street. Anyway, as you read here exclusively last week, things aren't going so well on Wall Street. But seriously, this past week was -- for a lack of a better word -- interesting. I noticed this giddy undercurrent while walking around. Especially among the tourists, who sensed they were witnessing history. And there was no shortage of activity, which is documented in subsequent posts.
On Monday, a small group (uh, four) of Ron Paul's Campaign for Liberty volunteers took to the steps of Federal Hall to voice displeasure over the Fed's bajillion dollar bailout proposal.
[For the record, that is NOT my thumb with the dirty nail...]
Also! Reporters and various rubberneckers stood outside the Federal Reserve on Maiden Lane to look at some well-dressed white people in suits. They were waiting to see Hillary Clinton.
And I think we all know why there was such commotion at the Fed...the missing gold!
Wall Street week in review: Tuesday
Members of the Association of Community Organizations for Reform Now (ACORN) held a small demonstration at the side of the Chase Plaza on Liberty Street late in the morning. They ask that Congress protect homeowners facing foreclosures (paraphrasing here) instead of the Wall Street fatcats who got us into this mess.
Meanwhile!
Offices are being emptied...
Streets are being ripped up...
and this guy tried to charge me $20 to take his picture.
Meanwhile!
Offices are being emptied...
Streets are being ripped up...
and this guy tried to charge me $20 to take his picture.
Labels:
bailout,
Chase Plaza,
Liberty Street,
protests,
Wall Street
Wall Street week in review: Wednesday
VIPs are rushed to the entrance of the NYSE. A pack of photographers wait. Tourists get as close to the action as they can. Cops and Secret Servicey-looking people stand guard. Bomb-sniffing dogs whip into a frenzy. Who is it? Brad and Angelina?! (Oh, God -- please let it be! And who started this rumor in front of so many tourists? Heh.) It's, it's...
Anders Fogh Rasmussen, Prime Minister of Denmark.
Oh.
Let's hit Century 21!
Anders Fogh Rasmussen, Prime Minister of Denmark.
Oh.
Let's hit Century 21!
Wall Street week in review: Thursday
Protest!
When: 4pm – ? Thursday, September 25.
Where: Southern end of Bowling Green Park, in the plaza area
What to bring: Banners, noisemakers, signs, leaflets, etc.
Why: To say we won’t pay for the Wall Street bailout
Who: Everyone!
Angry about the government's proposed bailout. Hundreds of protestors were on Wall Street and the steps of Federal Hall.
And video:
When: 4pm – ? Thursday, September 25.
Where: Southern end of Bowling Green Park, in the plaza area
What to bring: Banners, noisemakers, signs, leaflets, etc.
Why: To say we won’t pay for the Wall Street bailout
Who: Everyone!
Angry about the government's proposed bailout. Hundreds of protestors were on Wall Street and the steps of Federal Hall.
And video:
Labels:
bailout,
economic collapse,
Federal Hall,
protests,
Wall Street
Thursday, September 25, 2008
Wednesday, September 24, 2008
Thursday, September 18, 2008
Otis Williams Jr. on Wall Street
Otis Williams Jr. -- street performer, sculptor, poet and self-proclaimed health fanatic and ex-con -- took to the steps at Federal Hall on Wall Street after work Tuesday to talk about being clean and sober and, uh, some other things that I couldn't quite make out. The tourists seemed entertained. And the Federal Hall officer was jovial enough in ushering Otis off the stairs (in the second video).
Tuesday, September 16, 2008
Tourists on hand to document our nation's economic collapse
Can't wait to show the kids! These photos were taken minutes after the Dow closed down more than 500 points yesterday. With the NYSE and Federal Hall right here, this is a heavily traveled area for tourists. Still, there were a lot more tourists milling about yesterday. Could have been the lure of the media trucks and lights...and blood.
Meanwhile, down the street. A few people in Tiffany's.
Not so many people shopping for BMWs. Except some dummies.
Looking at the unintended victims of yesterday's stock market meltdown
How about the US Women’s Soccer team? They visited the NYSE yesterday to celebrate their Gold Medal victory in Beijing and ring The Closing Bell.
Labels:
economic collapse,
right place,
Wall Street,
wrong time
Friday, September 12, 2008
Is Reveille is at 05:00? Or is that last call?
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