What Congress Won’t Hear from Wall Street
Why did the bank thief in Homestead, Florida think he could get away with using a stolen backhoe “to lift and haul away a drive-through ATM from a Bank of America early Tuesday”?
Because that’s pretty much how it works in Homestead, where insiders run a once-rural now sprawl [...]
The Meaning of Mattel’s Strange Apology
Mattel apologizes to China and to the Chinese people for safety lapses which resulted in the recall of 21 million Chinese-made toys in recent months. Excuse me?
Does anyone else feel a backlash rising against China, that is fundamentally different from the trade complaints of the past and skirmishes over [...]
What the Sale of the Carlyle Group Tells Us About the Collapse of the Housing Market
Would someone from Dubai or China please come to Miami and buy my home?
This seems a reasonable plea, given this morning’s news that the big private equity firm, (in which President George HW Bush made his fortune after leaving [...]
It is really a sad commentary on the TV media that given the chance to ask some hard questions of Alan Greenspan, it has no idea what to ask.In last night’s 60 Minutes interview with Alan Greenspan, Lesley Stahl looked like a deer caught in the headlights. This was a big interview and she blew [...]
The building boom in Florida is in cinders. It is going to take a long time to tally the costs and devastation to the public interest.
“Developer gives up fortune,” reads a bankruptcy story in The Miami Herald about Juan Puig who “lived the high life during the housing boom: a Gables Estates waterfront mansion, a [...]
It is the battle for the soul of Florida: whether Floridians will have a vote on changes to land use plans that turned the state into the poster-child for collapsed housing markets. The Florida Chamber of Commerce and the growth machine have pledged to spend $65 million–or whatever it takes–to defeat the citizen referendum that [...]
