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Category Archives: Wall Street
The false debate over stimulus: there never was actually a stimulus package.
By Steven Greer, MD August 16, 2011 The political left and the political right have been debating whether the Keynesian $787 Billion “stimulus package” (The American Recovery and Reinvestment Act of 2009 or ARRA) signed by President Obama in February … Continue reading
Posted in - Op-Ed, Wall Street
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The real reason Bank of America stock is below cash
By Steven Greer August 9, 2011 Bank of America stock (ticker BAC) sank below the $7 per share cash value yesterday into the $6’s. This was part of a 50% decline over the year. The press has posed many explanations … Continue reading
Posted in Wall Street
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Wall Street trader arrested for death threats to the SEC
Update: July 18 The New York Post is reporting that this trader who made numerous death threats against the SEC and others has pleaded guilty as part of a plea deal. He faces up to five years on each charge. … Continue reading
Rupert Murdoch’s biggest threat is from nepotism and incompetence
July 16, 2011 Much is being discussed in the news about the metastasizing scandals relating to News Corp (NWS). It seems that criminal behavior was the modus operandi within the London tabloid news operations. There is now real concern that … Continue reading
Will Goldman Sachs close the Regal Cinemas?
July 14, 2011 BatteryPark.TV recently spoke with some officials from Goldman Sachs and the topic of the hotel/retail remodeling came up. Goldman Sachs is not pleased with the young crowds that gather outside the Regal Cinemas movie theater, which is … Continue reading
Posted in Film Theater and TV, Wall Street
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The new super star living in Tribeca: Dominique Strauss-Kahn
July 2, 2011 Media frenzy in front of Dominique Strauss-Kahn’s (DSK) Tribeca pad (more…)
A new view: the Deutsche Bank eyesore is gone
May 18, 2011 If you walk by the W hotel, you might notice something: you can see the new WTC looking northward. The dilapidated scandalous death trap of the old condemned Deutsche Bank building has finally been removed. Some have … Continue reading
Posted in Real estate, State Government, Wall Street
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Will pitchfork mobs head to Stamford and Greenwich next?
June 30, 2011 For the average American who can’t even determine that a progressive “sub-prime” mortgage is a trap, anything financial is intimidating and foreign. Only buzzwords like “Goldman Sachs”, “Wall Street”, or “bailout” strike a resonating chord that triggers … Continue reading
Bernanke’s missing link of chainmail on his underbelly
April 27, 2011 As investors know, The Federal Reserve Chairman, Ben Bernanke, gave a first-of-its-kind press conference today, pulling the curtain away from the Wizard of Oz. Coinciding with the event, the Fed released discouraging updates that downgraded the estimates … Continue reading
Posted in - Op-Ed, Federal government, Wall Street
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Is Yukon Cornelius the only one buying silver and gold?
January 24, 2011 Gold prices have declined 8% steadily over the last two months, coming off of a 50% appreciation during the uncertain periods of the global depression. The economy is improving and hiring has increased. The European debt problem … Continue reading
Posted in Wall Street
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How Wall Street banks have enabled socialism throughout American history
Op-Ed January 20, 2011 As the new congress begins, led by the Republican Party in the House, the traditional GOP ranks are now ramping up the rhetoric opposing the recently enacted financial reforms (FinReg) that will threaten Wall Street[1] earnings. … Continue reading
Posted in - Op-Ed, Wall Street
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Housing prices dip in Q4 2010
January 4, 2011 The WSJ is reporting that Manhattan home sale prices fell in the fourth quarter of 2010, and that the picture is not expected to be brighter in 2011. This comes on the heels of bad nationwide housing … Continue reading
BPC is the star of Wall Street 2
September 27, 2010 The #1 film at the box office this weekend was “Wall Street: Money Never Sleeps”, the sequel to the Academy Award winning film of 1987, Wall Street. Most of the film was shot in Downtown Manhattan, and … Continue reading
Lights out for Merrill Lynch
It’s lights out for Merrill Lynch, literally and figuratively. The tower all lit up is the new Goldman Sachs headquarters. To the left is the dark WFC 4, the old location of Merrill Lynch. Bank of America has relocated most … Continue reading
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Some economists say: “Let the housing market fully collapse fast”
September 6, 2010 The New York Times is reporting that some economists think the “delay and pray” tactics of the federal government to prevent foreclosures and housing price reductions is just making the recovery that much further away. They say … Continue reading
Is this Newport?
September 3, 2010 No one would guess that the country is in a double dip depression from the looks of North Cove. The number of mega-yachts anchored for the Labor Day holiday weekend has to be near record levels. It … Continue reading
Posted in Real estate, Wall Street
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Joke of the day
August 6, 2010 Jay Leno: Giuliani scolded his daughter after shoplifting “You go to Harvard. You don’t start stealing till you go to Wall Street” (more…)
Why was Pfizer fined four times as much as Goldman Sachs?
Op-Ed August 2, 2010 The recent stock market collapse caused a $37 Trillion decrease in market cap valuation at its peak in 2008, according to Alan Greenspan. This triggered a global depression that persists to this day. Few disagree that … Continue reading
Posted in - Op-Ed, Wall Street
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Better food on the way courtesy of Goldman Sachs
July 28, 2010 (UPDATE) It was confirmed at the CB1 meeting that Danny Meyer is bringing his duo of Shake Shack and Blue Smoke to BPC. In addition, a third Danny Meyer restaurant will open in the location of the … Continue reading
Posted in Real estate, Wall Street
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