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Category Archives: – 1 The Good News and Greer Report
St Vincent’s hospital closure: The first of many across the country?
April 7, 2010 St. Vincent’s hospital in Greenwich Village, Manhattan, is closing due to mounting debt and New York State cuts in funding. St. Vincent’s is the last tertiary care catholic hospital in the city. How can a business entity … Continue reading
Use medical device technology to seal the Gulf oil leak
May 16, 2010 It is now painfully obvious that the team of “expert engineers” working on ad hoc solutions to seal the oil-spewing pipe at the bottom of the Gulf of Mexico is incompetent. Saturday Night Live lampooned them on … Continue reading
Are ABC News and Bloomberg News partnering?
May 14, 2010 Are ABC News and Bloomberg News partnering? ABC News has been promoting Bloomberg news stories within their programs and introducing the stories with sentences such as, “A new report from the business giant Bloomberg news…” (see video … Continue reading
The iPad to have a cell phone feature added
By ANDREW JACOB and MARC McDONALDSON Published: April 1, 2010 Cupertino, California Apple announced today the reason for the short delay in shipping the new iPad. A cell phone feature has been added. AT&T will be the carrier. The first … Continue reading
Did the Daily Show copy BatteryPark.TV?
The May 10th Daily Show on Comedy Central featured a video segment poking fun at the way the TV news covered the false “fat finger” trader rumor. Their choice of segments, including obscure Fox Business footage that BatteryPark.TV first selected, … Continue reading
Exclusive: Citigroup is considering legal action over false rumors
May 10 BatteryPark.TV has learned that Citigroup has assigned their legal department to collect all of the video and text stories from last week that erroneously linked Citigroup to the “fat finger trader” rumor. Citi is trying to find the … Continue reading
How network TV spread a false rumor about the collapse of the Dow
May 9th, 2010 On May 6th, 2010, the Dow crashed 1000 points within 20 minutes. As with all unexplained market movements, unsubstantiated rumors popped up to explain the movement. The most sensational one was that a single human was to … Continue reading
Battery Pork City
April 13, 2009 The New York Post writes about the corruption scandal of the BPCA (more…)
Should Tiger Woods fire his inner circle?
Op-Ed April 9, 2010 Tiger Woods roared back to competitive golf at The Masters after taking a five-month hiatus to repair his marriage and undergo rehab for an undisclosed addiction. In true champion form, he posted his best first round … Continue reading
A Trillion here, a trillion there
In an alarming anecdote supporting the notion that Americans have no concept how much the government is spending, NBC news mistakenly confused $900 Billion with $900 Trillion when describing the healthcare reform cost. httpv://www.youtube.com/watch?v=pExo_ZXtlbc (more…)
Another mistake on the national news
We recently pointed out a major mistake made on NBC national news. This time, ABC news made a gaffe in the form of a typo. Everyone makes mistakes. The more important observation is that the large reduction in staff that … Continue reading
Did Goldman Sachs have a favorable article placed in the NY Times?
March 11, 2010 The NY Times printed an article on March 10 that was favorable to Goldman Sachs. Any positive article about Goldman Sachs these days is noteworthy. The story, written by Peter Carbonara, mentioned how Goldman was helping small … Continue reading
Oops. That’s not a Tiger.
In what could be the print newspaper mistake of the decade so far, on February 18th, the Wall Street Journal posted a photo of Tiger Woods jogging. However, they cropped the wrong person and posted a white person in the … Continue reading
The Sound and the Fury
On the evening of November 9th, at the corner of Battery Place and West Thames, construction crew began to jackhammer up a ditch in the road related to Con Edison gas lines. The work was non-emergent. The crew foreman claimed … Continue reading
The number of people living in poverty soar
October 20, 2009 A new report out indicates that the real number of people living in poverty is far great than the government estimates. Covering the story, ABC Nightly News featured a Los Angeles shelter becoming overwhelmed with homeless. See … Continue reading
Good news for the NYC economy soon?
October 14 It is being reported that Wall Street is expected to pay out the largest total in salaries ever: more than $140 Billion. This will, of course, directly impact the struggling NYC economy. (more…)
The commercial real estate bubble
October 6 The other shoe to drop for New York City will be the massive rate of defaults on commercial real estate loans. Up to a trillion dollars in loans could go unpaid within the next year or two. Will … Continue reading
More evidence of a commercial real estate shoe yet to drop
October 13 The WSJ has an interesting article about how hotels were caught at the worst time taking out large loans to renovate right before the economic collapse of lat 2007 through 2009. They focus on the Hawaiian hotel market … Continue reading
More trouble in the high-end restaurant business
October 7, 2009 The Tribeca Trib is reporting that famed chef David Bouley has not paid rent on one of his buildings that was supposed to be a restaurant but was cancelled due to the NYC depression. In addition, one … Continue reading
Art on the walls of closed retail shops
October 12, 2009 The NY Times has a story about how so many ground level retail stores are empty in NYC that the landlords have turned to painting art on the walls to downplay the depressing sights. (more…)