Commercial Real Estate

Hot Links: Tiger's 99 Problems

from We Love Data Vis Stuff I’m Reading this Morning… The gold correction that began last week seems to be continuing.  (MarketBeat) Credit Suisse joins Morgan Stanley in predicting a sucky 2010 for stocks.  (PragCap) An epic list of big commercial real estate projects that look to be the “next shoes to drop”.  (ZeroHedge) Treasury…

Heartbreak Hotel Delinquencies Up Fivefold

They put up more boutique/ trendy hotels in NYC over the last 4 years than I could possibly name here.  I never could figure out who the hell they expected to occupy all of these rooms.  The Europeans certainly took advantage of the exchange rate in ’07 and ’08 but once the credit crisis hit,…

Dubai World & Bear Stearns: Coal Mine Canaries?

Click Image to Embiggen! The meme going around now is that the Dubai debt thing is only the start of a wave of sovereign defaults, including Latvia and Greece, coming soon. While this could be the case, I actually see a lot more similarities between what the Bear Stearns blow up ultimately meant to the…

The Bankrupt Stock Casino Stays Open

Oooh, Superfly You’re gonna make your fortune by and by But if you lose, don’t ask no questions why The only game you know is Do or Die -from Superfly by Curtis Mayfield   I got a call the other day from a friend of mine looking to buy shares of bankrupt Lehman Brothers, which…

Breakfast Links: Meatbags & the Cheese Purse

Stuff I’m Reading this Morning… Are you ready for the torrent of earnings as 143 of the S&P 500 companies report this week?  Here’s a preview:  (TheStreet.com) Dissecting Joseph Stiglitz, this era’s “rockstar” economist.  (Economist’s View) Pimco and a group of bondholders bail out CIT.  Yay, I think…  (Reuters) The battle for White House influence…

Hot Links: Too Lazy To Post Edition

Hot Links for Friday Reading Hey kids, here’s what I’m reading this morning… What’s the most thankless job you can think of?  Try being Irving Picard, the Decider of the Madoff affair. Trustee in Madoff Case (NYT) More from the “commercial real estate is the next shoe to drop” camp. New Debt Fears in Commercial…

People I Can Do Without: Winter '09

The greatest stand-up comedian of all time*, George Carlin, had a bit in the late 80’s called “People I Can Do Without“.  While his version included people like “a dentist who has blood in his hair”, I will keep mine strictly investment-related. The Reformed Broker’s “People I Can Do Without” Magazine editors and advertising executives…