On Understanding the Commercial Real Estate Crisis
but who sustains the realized loss? we saw yesterday that it wouldnt be the old rich - they have minimally leveraged assets which they dont need to sell. The new rich have highly leveraged assets which they may have to sell (but they wont lose, because they didnt have much equity in there in the first place) and the loss will be sustained by the shmucks who had their money in TIAA Cref which lent into the deal... but those schmucks werent doing much for the economy anyway... or the loss will be sustained by a bank, which, if it was a small bank with middle class investors and depositors will be allowed to fail, or if it was a well politically well connected bank with rich investors and employees, will be bailed out. Being the rich FTW!
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On Is Heath Ledger Really Dead? Or Who Is His Identical Twin?
denton, i caaant quit youuu...
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On I Am Proud To Live In A World Where We Can Watch Dinosaurs Fucking
really.... no teeth....
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On Real Estate Royalty Report All Is Well
Trump and Kushner dont really own that much (comparatively) in NY, but I am curious about where the wheeling and dealing of Rosen and Fuchs of RFR left them now the dust is settling.
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On Corporate Statement from Awl Publisher David Cho on the Redesign
i've come around and am now a complete proponent of the redesign, but I am curious about how many clickthroughs you get from the link and lede at the top to the recent posts
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On A Conversation with Paul Ford, Web Editor of Harper's Magazine
but, per Norm Pearlstine of Bloomberg online "our own experience is that you can charge a lot of money from an audience that has a special need for your content" and I think that many awl readers have a special need for awl content...
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On Prison Island Celebrates Groundbreaking Of First Prison
of course Prison Island has the United States to thank for this auspicious day as Knifecrime Island would never have bothered if this fine land hadnt stopped paying tax on tea so that Knifecrime Island no longer had anywhere to put the Irish
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On Flicked Off: 'Greenberg,' or, Mean is the New Sad
while we're on the subject (which we seem to be) - could someone please parse this for me "Ms. Gerwig, most likely without intending to be anything of the kind, may well be the definitive screen actress of her generation, a judgment I offer with all sincerity and a measure of ambivalence."
http://www.nytimes.com/2010/03/28/movies/28scott.html?scp=1&sq=greenberg&st=cse