Connecticut

  • 30 Sep 2011 at 2:52 PM

Connecticut Teens Prep For Life On The Trading Floor

Two Greenwich sisters were issued summons for third-degree disorderly conduct after police were called to a town residence on a report of a domestic dispute. The sisters, ages 14 and 16, were involved in an argument over computer usage. Police said one of the girls interrupted the other’s computer usage, causing her to shove her out of the room. The girl shoved out of the room then cut off power to the computer room, causing a physical fight. The sisters were referred to juvenile court and will appear there on October 4. [Police Blotter]

From a memo sent this afternoon: Read more »

  • 23 Aug 2011 at 4:09 PM

Connecticut Pays UBS $20 Million To Stay

Back in June, we discussed the possibility of UBS moving out of its Stamford, CT building, which houses the largest trading floor in the world), and into New York City. The bank, which has not been doing too hot of late, seemed to be of the opinion that leaving Stamford would be a panacea for all its woes which, according to UBS, boil down to no one wanting to work in Connecticut (rather than no one wanting to work at a place that doesn’t pay and yells at you when you ask if this month’s check will clear). After several months of talks with developer Larry Silverstein about a possible deal at 3 World Trade Center, which conveniently has 5 trading floors located in “Tower 3,” UBS announced that it’d looked over its finances and realized it wouldn’t be able to come up with the money for a new place, and ditched the plan, while still moving a bunch of employees south and leaving the door open for a move to midtown, an idea that struck absolute terror or delight into the hearts and plums of everyone directly or indirectly related to UBS. Read more »

Last month we discussed the possibility of UBS moving out of its Stamford, CT building (which houses the largest trading floor in the world) and into New York City. The bank, which has not been doing too hot of late, seems to believe that leaving Stamford would be a panacea for all its woes which, according to UBS, boil down to no one wanting to work in Connecticut (rather than no one wanting to work at a place that doesn’t pay and yells at you when you ask if this month’s check will clear). Until recently, the talk has all been very casual, though it got kicked up a notch to semi-serious when word got out that senior execs had been speaking with developer Larry Silverstein about a possible deal at 3 World Trade Center, which conveniently has 5 trading floors located in “Tower 3,” causing more than a few people to flip out over the idea of a UBS-less Stamford. Still, though, the bank will more than likely be sticking it out for the next few years if not longer and may simply be playing games in order to get city/state officials to sweeten their stay. To that end, the news that 50 “cash trading” employees were moved to New York today shouldn’t be too distressing. Or should it? Read more »

A couple weeks back, an 8-foot long, 160-pound mountain lion started hanging around Greenwich, Connecticut and its nearby towns. News stations noted that a cat that size hasn’t been seen in those parts in 100 years; residents and people who work in the area were more than a little freaked the fuck out. Now testing of evidence found last week has revealed everyone should be doubly worried. Read more »

Last week we discussed the possibility of UBS leaving Stamford, Connecticut, where the bank built the largest trading floor in the world back in the 90′s. While their lease is not up until 2015, talks with developers like Larry Silverstein, about a possible deal at 3 World Trade Center, which conveniently has 5 trading floors located in “Tower 3,” have recently moved from very casual to semi-casual, and considering that management is of the opinion that the firm’s recent issues are merely a matter of no one wanting to work in CT, the idea that they would leave is at least somewhat plausible. On Friday, a bunch of Stamfordians were asked how they’d feel about living in a city in which UBS didn’t exist and the responses ranged from confused to angry to devastated (on the flip side, one employee deemed the potential move and $300/month he’d save “awesome” and another commented “What’s the big deal? So we move out, and a nice big Costco moves in. Life goes on.”) According to Stamford Mayor Michael Pavia, however, the tears are for naught. Read more »

Earlier this week, we discussed the possibility of UBS moving out of its Stamford, CT building (which houses the largest trading floor in the world) and into New York City. The bank, which has not been doing so hot of late, seems to believe that leaving Stamford would be a panacea for all its woes which, according UBS, boil down to no one wanting to work in Connecticut (rather than no one wanting to work at a place that doesn’t pay and yells at you when you ask if this month’s check will clear). Some staff have already been transferred with plans to move more later this summer but talk of moving the whole shebang, until recently, had been very casual. Once word got out that the bank has been speaking with developer Larry Silverstein about a possible deal at 3 World Trade Center, which conveniently has 5 trading floors located in “Tower 3,” they got upgraded to one step up from casual and got the people of Stamford freaking the fuck out.

Take Danny Ryan, a bartender and waiter at Morton’s. For the past fews days he’s been struggling to answer one simple question- why?

“It just doesn’t make any sense,” said Danny Ryan, a bartender and server at Morton’s The Steakhouse, which is alongside the gleaming 700,000-square-foot UBS building. “Why would they build this stunning building with the biggest trading floor in the world, and then leave?”

Dino Sakakini, owner of Layla’s Falafel was less philosophical and more blunt. “Stamford will be crushed,” he told the Times. “Plain and simple. We’ll become a ghost town.”

Peter Charpentier, who “sells a whole lot of brown-bagged bottles of liquor to UBS employees every evening,” was just plain pissed, both at CT officials and whoever’s making the decisions at the bank, who apparently forgot about a little thing called 9/11. Read more »