ARMONK, N.Y.—The disconcerting messages started popping up on Virginia Rometty’s screen not long after the IBM chief executive began a webcast to explain to her nearly 400,000 employees in 170 countries how she planned to reorganize the tech giant.
“I can’t hear.”
“I can’t see you.”
“Is this on?”
When the January presentation ended, Ms. Rometty fumed at colleagues, “We’re only the IBM IBM 3.42 % Company—we’re better than this,” according to people who were there. “Get this fixed now!” Behind Ginni Rometty’s Plan to Reboot IBM - WSJ
“I can’t hear.”
“I can’t see you.”
“Is this on?”
When the January presentation ended, Ms. Rometty fumed at colleagues, “We’re only the IBM IBM 3.42 % Company—we’re better than this,” according to people who were there. “Get this fixed now!” Behind Ginni Rometty’s Plan to Reboot IBM - WSJ
Insiders say that is because we may have passed the peak of the Nike Free. Having been on the market for roughly a decade, the Free sneakers became a best seller for both Nike Inc. and the running industry overall.
“In the athletic fashion spaces, they’re just not wearing Nike Frees anymore,” said Ms. Blanda of City Sports. She added that the newest model of the Free, released earlier this month, is selling well, but the strength of the line as a whole “is not quite what it was a year ago.” Sneaker Makers Train Their Eyes on Fashion - WSJ
“In the athletic fashion spaces, they’re just not wearing Nike Frees anymore,” said Ms. Blanda of City Sports. She added that the newest model of the Free, released earlier this month, is selling well, but the strength of the line as a whole “is not quite what it was a year ago.” Sneaker Makers Train Their Eyes on Fashion - WSJ
In an interview, Mr. Bernanke said he was sensitive to the public’s anxieties about the “revolving door” between Wall Street and Washington and chose to go to Citadel, in part, because it “is not regulated by the Federal Reserve and I won’t be doing lobbying of any sort.”
Ben Bernanke Will Work With Citadel, a Hedge Fund, as an Adviser - NYTimes.com
Williamsburg already has become arguably the world’s hippest bedroom community. Now, a developer is betting that she can accelerate the Brooklyn neighborhood’s transformation into a high-rent office destination for technology and creative firms.
Toby Moskovits, a 37-year-old single mother who started her career working in technology venture capital, plans to break ground in the coming weeks on a nine-story building that one day could house 2,000 to 3,000 office workers and artisanal manufacturing workers.
The catch: Under city rules, Ms. Moskovits isn’t allowed to build a 400,000-square-foot, primarily office building at Kent Avenue and North 12th Street because it sits in a manufacturing zone.
Ms. Moskovits plans to apply in the next few weeks for a special permit to build an office building with roughly 20% light-manufacturing space. If she succeeds, her project could set a precedent for other sites in Williamsburg and Greenpoint. New York City Developer Envisions Offices—Not Apartments—for Brooklyn’s Williamsburg - WSJ
Toby Moskovits, a 37-year-old single mother who started her career working in technology venture capital, plans to break ground in the coming weeks on a nine-story building that one day could house 2,000 to 3,000 office workers and artisanal manufacturing workers.
The catch: Under city rules, Ms. Moskovits isn’t allowed to build a 400,000-square-foot, primarily office building at Kent Avenue and North 12th Street because it sits in a manufacturing zone.
Ms. Moskovits plans to apply in the next few weeks for a special permit to build an office building with roughly 20% light-manufacturing space. If she succeeds, her project could set a precedent for other sites in Williamsburg and Greenpoint. New York City Developer Envisions Offices—Not Apartments—for Brooklyn’s Williamsburg - WSJ
...chool, and built a successful real estate business from being a mere busboy at the Breakers Hotel in Palm Beach.[8] In mid-2006, Greene, worried about the possible collapse of the real estate market, spoke with John Paulson, a fellow investor who discussed with Greene his investing strategy. They agreed that the real estate market was unstable and a bubble might be forming in housing. After the meeting, Greene engaged i...
Jeff Greene - Wikipedia, the free encyclopedia
9 years
On July 23, 2010, the St Petersburg Times reported that Greene's luxury yacht Summerwind had caused damage to a coral reef off the coast of Belize when it attempted to drop anchor. The alleged incident occurred in 2005 when Greene was not present on the vessel. When questioned, the chief...
Jeff Greene - Wikipedia, the free encyclopedia
Likely a reference to Frank Sinatra’s song “The Summer Wind”.
...ith John Paulson, a fellow investor who discussed with Greene his investing strategy. They agreed that the real estate market was unstable and a bubble might be forming in housing. After the meeting, Greene engaged in a similar investing strategy to that of Paulson, which involved a series of unconventional investments trading credit default swaps. The return on Greene’s investments ultimately saved his business, and put him on Forbes 400 list.[6]
Jeff Greene - Wikipedia, the free encyclopedia
Not mentioned here is the “Palazzo di Amore” he built in Beverly Hills, CA. According to the WSJ, the estate was listed for $195 million in November of 2014
The article mentions that the estate was previously rented for $475,000 per month, which, if true, suggests that $195 million might be a bit aggressive for a purchase price. $195 million would be equal to 34 years of rental income, whereas typically the price-rent ratio in a high-cost state like California would be more like ~25x
9 years
I want to take my wife to dinner without guilt; I want to be able to watch a movie without worrying that I should instead be buying a bed net. There is more to life than self-mortification, and obsessive cost-benefit calculus, it seems to me, subtracts from the zest of life.
The Trader Who Donates Half His Pay - NYTimes.com
9 years
118,537