• El-Fitian


    Mohamed El-Erian Is Having An Intense Relationship With His New Fitbit

    The former PIMCO wizard has a new piece of wearable tech, and everything is different now.

    / Jun 23, 2015 at 2:07 PM
  • News

    Former Mayor Still Has His Finger On the Pulse Of New York, And If It Were Up To Him He’d Give The City What It Wants On Sunday: A God Damn Party

    As you may have heard, things are not going so well for New York City* of late. Lower Manhattan and parts of Brooklyn have been without power for days. A hundred or so houses that once stood in Queens are now rubble. Staten Island has been destroyed. Those living uptown and in other areas that emerged relatively unscathed are dealing with survivor’s guilt. In spite of all that, Mayor Bloomberg has declared that the Marathon, scheduled for Sunday will go on, a decision that has been met with considerable outrage by people who believe the considerable resources that go toward putting on the race should be put to more critical use elsewhere, that the city does not need the strain of putting up an additional 40,000 people, that the supposed economic benefit would be a drop in the bucket of what NYC needs, that the generators sitting in Central Park right now could be helping those sitting in darkness, and that considering dead bodies are still being pulled of the water, it’s generally “too soon.” One guy who’d beg to differ? Ed Koch. Twenty-five years out of his mayorship, he still gets these people and while the media would have you believe holding the marathon has caused an enormously heated debate, that’s bull. New Yorkers want this and if Koch were still King? He’d be throwing a god damn parade come Sunday.

    “I’m telling you — and I think I’ve got pretty good judgment in this matter —that the people of New York City want the marathon to be run, and I applaud what the mayor is doing,” Koch told CNBC. “I think the media is creating a fuss that doesn’t exist, and that the people of New York City want this marathon,” he said on “Fast Money.” “If I were mayor, I would be doing exactly the same thing.” Koch, who served as mayor from 1978 to 1989, said that he faced the same decision when the city was near bankruptcy and still threw a ticker-tape parade for the Yankees following their World Series win. The parade came despite opposition from the media. “I said, ‘New York Times, you have your head screwed on wrong.’ What the people of New York City need is a celebration, something that will lift their spirits, and there’s nothing comparable to the marathon with respects to lifting the spirits of this city,” he said.

    NYC Marathon Must Go On, Ex-Mayor Koch Says [CNBC]

    *And the East Coast in general, Haiti, Jamaica and Cuba.

    / Nov 2, 2012 at 3:21 PM
  • News

    Goldman Sachs Mulling Over How To Deal With Prop Trading Situation

    Nothing’s been decided yet but they’re thinking things over at 200 West, lots and lots […]

    / Aug 4, 2010 at 12:55 PM
  • News

    Nassim Taleb Has Some Thoughts On CNBC

    [via BI] This was worth emerging from his self-imposed quiet time to say. Earlier: Nassim […]

    / Feb 16, 2010 at 10:34 AM