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    1/4 of Homes On Fisher Island Up For Sale; Few Buyers

    -CONTINUED- OVER the years there have been battles between residents and some previous owners of the island. And in 2005, some residents became upset when Fisher Island Holdings began organizing galas, like one for Spanish Vogue, that drew hundreds of outsiders who clogged the island. Many of...
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    1/4 of Homes On Fisher Island Up For Sale; Few Buyers

    http://www.nytimes.com/2009/02/01/business/01fisher.html?pagewanted=1 Fisher Island: Still a Refuge, but Not From the Downturn About a quarter of the 695 condos on Fisher Island, Fla., one of the country’s wealthiest havens, are on the market. Sales are slow. By GERALDINE FABRIKANT...
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    Get Ready Guys: All Signs Point To Civil Unrest

    I've seen people riot for less here, and back ion 67, before I was born, they burned an entire city down in the U.S. Make no mistake; I am not saying it's probable, only that it's possible, and that I see certain things regarding what our government is doing (i.e. some of the things commented...
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    Nasty digital worm wriggles into millions of computers

    I posted a deal on ESET NOD32 for $10 a while ago. Life is good with one of, if not THE best, software protection available.
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    Comcast ,,|,,(-_-),,|,,

    Comcast is currently the worst company I am forced to deal with on a monthly basis, out of necessity. They keep paying off my local officials and keep landing monopoly rights to provide hard line broadband services to the homes in my city, and it's absolutely sickening. I long for the day...
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    My thesis on what happens next.........

    I couldn't agree more. The only thing that will change this is when they can no longer afford even some of the basic staples. The pain will have to be that deep. I'd argue high gasoline prices did more to turn Americans against Bush recently than the Iraq War, and that is a profoundly sad...
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    Get Ready Guys: All Signs Point To Civil Unrest

    trader arb - yes, I think you're right in that most people (maybe not most people here, but in general) aren't aware that tax receipts have already fallen precipitously, and that it's basic math that tells us they'll fall much more this year and next. So, whereas we had many more people...
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    Get Ready Guys: All Signs Point To Civil Unrest

    If this is a naive or stupid question, my apologies in advance, but do you mean Art Cashin? Thanks.
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    'Moderators' Banned From Starting Threads

    The mods here are the best. I'm serious. This is probably because very little speech is limited here. In almost 3 years, I've only mod alerted one post asking that it be removed or at least moved - I even wonder whether I should have done that in retrospect, because suppressing speech that...
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    Get Ready Guys: All Signs Point To Civil Unrest

    karol is right, most Americans own firearms, whereas Europeans do not - this is why things could get much, much worse here. libertad is also correct, IMO, in that resistance by ordinary Americans could simply be demonstrated in a passive way. We wouldn't need to see mass riots; just more...
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    Shorting is extremely risky in this market- losses, losses, losses

    Nice call. Not. Moron. Do you have any milk money left?
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    Get Ready Guys: All Signs Point To Civil Unrest

    You just registered on ET and have 11 posts to tell me I'm a 'joker' for merely citing officially reported facts as put out by the government itself?
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    Get Ready Guys: All Signs Point To Civil Unrest

    http://uk.reuters.com/article/latestCrisis/idUKLQ426001 While this year's meeting illustrates a shift in the balance of power towards governments, political leaders in Davos are likely to get a reminder that the crisis also threatens their own positions after recent civil unrest in several...
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    Get Ready Guys: All Signs Point To Civil Unrest

    It wouldn't matter whether Obama or Bush was in office; the only thing that was necessary was for the economic conditions to degrade precipitously, and for average Americans, who played by the rules, paid their taxes, paid their mortgages and credit card bills, to see that they were going to be...
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    If the banks go.. so goes America!

    Kill the banks. Fuck Wall Street. No one is helping out responsible, hard working Americans. These same types will figure out how to help themselves, and should refuse to subsidize incompetent, overpaid imbeciles. Trickle up economic theory is toast.
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    Fortress Blocks Redemptions as Shareholders Lose 96% Since IPO

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1357701&highlight=Fortress#post1357701
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    Fortress Blocks Redemptions as Shareholders Lose 96% Since IPO

    -CONTINUED- “We urge you to fulfill your fiduciary duties to all shareholders by immediately initiating a sale of the entire company,” Pirate wrote to Intrawest in March 2006. Fortress rival Blackstone considered a bid, according to a person familiar with the situation. In the end...
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    Fortress Blocks Redemptions as Shareholders Lose 96% Since IPO

    CONTINUED- Fees are Key Fortress’s revenue comes from fees it earns for managing investments. As with most hedge and private equity funds, it charges a management fee of 1 percent to 2 percent of assets, plus an incentive fee of 20 percent of any profits. Management fees rise with...
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    Fortress Blocks Redemptions as Shareholders Lose 96% Since IPO

    I remember warning everyone here about the insane valuation placed on FIG at the inception of its IPO and having a particular member here tell me I was insane, that it would go much higher, and that he personally knew the people that worked and even ran FIG, and what a stellar investment it...
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    Davos Delegates in ‘Denial’ as $25 Trillion of Wealth Vanishes

    http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=abAA1ieh6wTk Davos Delegates in ‘Denial’ as $25 Trillion of Wealth Vanishes Regret is cheap for some delegates at the World Economic Forum in Davos, Switzerland. Redemption for their role in the worst economic wreck...
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