Category: Bankruptcy

Month in Review, December 2014: Part 3, The right to be wrong

9 February, 2015 (10:00) | Affordability, Bankruptcy, Casinos, Cemetery, Cities, Detroit, Development, Eminent domain, Environmental, Eurozone, Land use, Mitchell-Lama, New York City, Privatization, Switzerland, US News, Vermont, Zoning | No comments

By: David A. Smith [Continued from Friday’s Part 2 and the preceding Part 1.] Though a cemetery, as profiled in yesterday’s summary of December, is real estate used by and for the dead, and before there is a cemetery, there can also be a property that is used by no one, because those who would have […]

Month in Review, December 2014: Part 2, Tell it to the woodchucks

6 February, 2015 (10:00) | Affordability, Bankruptcy, Casinos, Cemetery, Cities, Detroit, Development, Eminent domain, Environmental, Eurozone, Land use, Mitchell-Lama, New York City, Privatization, Switzerland, US News, Vermont, Zoning | No comments

By: David A. Smith [Continued from Wednesday’s Part 1.] So substantive was December’s eleven-part post on the pending privatization (resident right-to-buy action) of Southbridge Towers that not only did it take up half the month’s posting, my excerpted month-in-review summary spilled over from Wednesday’s Part 1, as in four more parts I brought the story up to […]

Just WHO has a problem here?

5 February, 2015 (09:28) | Banking, Bankruptcy, Bonds, Capital markets, Euro, Eurozone, Global news, Greece, Grexit, Guarantees, Sovereign bankruptcy, Speculation, Syriza | No comments

By: David A. Smith [Interrupting Month in Review, December for some current and topical news – Ed.] Nick Fury: No matter who wins or loses, trouble always comes around… The Avengers, Age of Ultron Here comes trouble As Tony Stark’s creation Ultron said, just before he launched all-out war on humanity, “Everyone creates the thing […]

Month in Review, December 2014: Part 1, Hit pause on reality

4 February, 2015 (10:00) | Affordability, Bankruptcy, Casinos, Cemetery, Cities, Co-ops, Detroit, Development, Eminent domain, Environmental, Eurozone, Land use, Mitchell-Lama, New York, Privatization, Switzerland, US News, Vermont, Zoning | No comments

By: David A. Smith Compared with all the generations that came before us, we today live in a world of unprecedented rate of change, both in dimensions – technology, medicine/ biology, war/conflict, and human society/ moral values – and in speed.  To survive and orient within this continuous shock of the new, we have learned […]

Doublethink pension funding: Part 10, “One would think that alert trustees”

16 January, 2015 (10:00) | Actuaries, Bankruptcy, Bonds, Capital markets, Cities, Detroit, Housing, Municipal bankruptcy, Net present value, Pensions, Speculation, US News | No comments

[Continued from yesterday’s Part 9 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7, and Part 8.] By: David A. Smith It’s merely a question of self-discipline, reality-control. But in the end there won’t be any need even for that. The Revolution will be complete when the […]