Recent comments by Mike in Long Island
Anyone posted this yet.
NYU Researchers Took Bribes From Chinese Company, Feds Say
Three New York University researchers from China divulged results from a federally funded study to Chinese competitors in exchange for tuition, rent and other expenses, federal prosecutors said Monday.
Yudong Zhu, a U.S.-educated NYU professor, and Xing Yang, a lab engineer, were released on bail after appearing in federal court in Manhattan to face commercial bribery and other charges. They left court without speaking to reporters.
The third defendant, postdoctoral fellow Ye Li, was at large. Authorities believe he flew to China before charges were brought.
A criminal complaint alleges the three provided nonpublic information about magnetic resonance imaging to a medical company in China, United Imaging Healthcare, and a research institute supported by the Chinese government
.
BarleyReturns Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
can cook it many ways. Weez having a dinner party w/ people I don't luv and a tiny female guest requested halibut...my theme is Thai so Im trying to accommodate a person who I don't luv. Im trying to be nice and accommodating
Ginger Steam Fish (Pla Ning Se-Ew)
Steamed fish topped with ginger, scallions mushrooms and chef’s sauce
or maybe
Lemon Fish (Pla Neung Manao)
Steam fish with Thai herbs, garlic, chili, and lime juice.
Or seeing as how halibut is pretty firm I would even consider poaching it in a curry sauce.
The above 2 entrees are from my favorite Thai place.
Antipodes wrote:
Where's poic?
3 way with home gnome and karma police apparently
1 currency now -yogi wrote:
No doubt Citibank gets a write off of some kind. I'm not about to give them free advertising. Stick an I NYPD sticker over their logo, and see if a cop will write you a ticket.
That would violate the terms of use.
You must not dismantle, write on, or otherwise modify or deface a Citi Bike bicycle or any part of a Citi Bike bicycle in any way. You must not write on, peel, or otherwise modify or deface any sticker on a Citi Bike bicycle in any way. You must not use a Citi Bike bicycle for any advertising or similar commercial purpose. This rule does not apply to the use of the seat height adjustment feature on Citi Bike bicycles.
I wonder how many people actually read the terms before agreeing to them...
Oman wrote:
He bitched about $1000 a year - hadn't used it in 45 years afterall - until Sandy....
He and bro's think it's a fluke - not understanding the concept of all the new storm drain outfalls from all the new developement. It'll happen again.
I dropped contents from $100k to $25k since (a) they depreciate the heck out of contents and (b) I don't have that much stuff.
1 currency now -yogi wrote:
They were supposed to call me back about whether Citibank is profiting from the enterprise, but didn't.
Don't hold your breath.
Oman wrote:
Will be interesting, going forward, with the changes coming up w/ NFIP.
Dad was pre-FIRM - he gonna pay or not - we'll see.
Lota folks will become gamblers overnight
I was grandfathered as a Zone X and paying @ $400/yr for $250k structure and $100k contents. Subsequent map change has me in a Special Flood Hazard Area (Zone AE). Now paying $1800 for $250k structure and $25k contents with a $5k deductible vs. $1k previously on the structure.
1 currency now -yogi wrote:
BBC - Future - Technology - Woodpecker inspires cardboard bike helmet
Pretty neat stuff. I just paid my $103 annual subscription fee to the NYC Bikeshare program. Looking to eliminate the subway ride at this end of the commute whenever the weather is nice.
lawyerliz wrote:
Page not found. How is the reconstruction going in Queens, NYC/ New Jersey?
My friends and family are done - still folks who haven't begun.
The link was to a circa 1926 construction, 2 bed, 1 bath home on the water for $695k. Annual taxes $22,410
This was the main selling point
Zoned Residence 'B' On 2 Subdivided Lots,Further Sub-Division Possible.Option 1:On Lot 93X65=6045 Sq Ft Lot Build 3528 Sq Ft (Each Level 1764 Sq Ft) And Lot 72X65 = 4680 Sq Ft Lot Extend Existing House&Knock Down Garage. Option 2:Build One Magnificent House With Max 7560 Sq Ft. On 10,745 Sq Ft Lot.These Options Do Not Require A Variance.Or Build 2 New Houses W/Variance
Imagine the taxes after such remodel...
Rob Dawg wrote:
The million dollar tear downs are back in Santa Barbara.
Not quite but check out the taxes.
3 Stanton Pl, Oceanside, NY 11572 | Listing Information | MLSLI.com - Long Island Real Estate
Redwood Sells $424 Million of Mortgage Bonds at Wider Spreads - Bloomberg
The offering completed today by Redwood, a specialist in so-called jumbo mortgages, included $299 million of debt that priced to yield 2.82 percent, a spread of 1.90 percentage points over benchmark swap rates, according to a person familiar with the deal who asked not to be named because they weren’t authorized to speak about the transaction.
Similar securities from the Mill Valley, California-based firm were sold by underwriters at spreads of 1.75 percentage points last month and as low as 0.97 percentage point in January. Relative yields have been widening as sales expand and amid investor concern that government-backed housing debt offered better value and that mortgages will prepay slower than expected if interest rates rise, or faster if they fall.
Worth a re-post from this am
From Brooklyn to California, Housing Bubble Threat Grows - Bloomberg
An open house for a five-bedroom brownstone in Brooklyn, New York, priced at $949,000 drew 300 visitors and brought in 50 offers. Three thousand miles away in Menlo Park, California, a one-story home listed for $2 million got six offers last month, including four from builders planning to tear it down to construct a bigger house. In south Florida, ground zero for the last building boom and bust, 3,300 new condominium units are under way, the most since 2007.
Rob Dawg wrote:
Did the meteor give you permission and while she may have been around for billions of years how long had she been of age to be photographed legally?
Call it art and you're good to go.
Photographer Arne Svenson pointed his camera at the oversized windows of the Tribeca building from his second-floor apartment across the street. The images show residents doing mundane things like napping, cleaning and putting children to bed. The photos don't reveal their faces.
They're on sale for up to $7,500 at the Julie Saul Gallery in Chelsea.
sm_landlord wrote:
The market keeps getting weirder... Apmex is offering to pay $37 over spot for 1oz Eagles.
Even plain ole 1 oz bars they are paying a little over spot. Weird indeed unless there is a physical squeeze going on.
energyecon Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
Show me your badge first!!
YouTube - Blazing Saddles - We dont need no stinking badges..
NSFW language.
Bubble 2.0?
From Brooklyn to California, Housing Bubble Threat Grows - Bloomberg
.From Brooklyn to California, Housing Bubble Threat Grows
By Prashant Gopal & Kathleen M. Howley - May 16, 2013 12:00 AM ET ..Facebook Share Tweet LinkedIn Google +1 11 Comments
Print QUEUEQ..Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging.
An open house for a five-bedroom brownstone in Brooklyn, New York, priced at $949,000 drew 300 visitors and brought in 50 offers. Three thousand miles away in Menlo Park, California, a one-story home listed for $2 million got six offers last month, including four from builders planning to tear it down to construct a bigger house. In south Florida, ground zero for the last building boom and bust, 3,300 new condominium units are under way, the most since 2007.
ResistanceIsFeudal wrote:
Ban phone use in automobiles. Double penalties if it's an SUV
Where do I sign?
Add treble penalties for texting.
yuan wrote:
As far as I am concerned there should be speed cameras every few miles, the fines should be highly regressive, and repeat offences should be felonies.
Long Island man accused of driving with license suspended 201 times | 7online.com
ROOSEVELT, L.I. (WABC) -- A man from Long Island is accused of driving with a license that was suspended 201 times.
12th Percentile Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
Colonie
Wow. That looks nothing like it did in 1990.
12th Percentile Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
One of my local malls was just purchased by a big REIT. They said their plans are to bring in more upscale retailers. The Whole Foods was already scheduled to open there. The top 20% are doing just fine thanks! My advice is figure out a way to be one of them, work for them, or sell them expensive gadgets (or homes).
Which one? Stuyvesant Plaza, Crossgates or the Mall at Colony?
Sequester - what sequester?
Pentagon to Furlough Up to 650,000 Civilian Defense Workers - Bloomberg
Secretary of Defense Chuck Hagel will announce today plans for 11 days of unpaid leave for the affected workers in the current fiscal year ending Sept. 30, down from as many as 14 days previously projected.
So if you assume 252 working days you are looking at something like a 4.4% pay cut.
That should be good for consumer spending.
So will they just issue some new GO bonds to cover the shortfall or ???
Detroit Rescue Roadmap May Confront Detour From Unions - Bloomberg
>
Orr’s report, which specifies the depth of Detroit’s fiscal crisis and sketches out ways to resolve it, shows that the city confronts a $386 million cumulative deficit by the end of next month, when it may run out of cash. At the same time, the home of General Motors Co. has at least $15.7 billion in long-term debt and retiree obligations.
While the city will pay $31 million into its pensions this fiscal year, it will defer $108 million of contributions, according to Orr’s plan. Detroit also will pay $200 million for health benefits, mostly for retirees, according to the document. Covering the obligations in full would take $339 million, or about a third of the city’s 2013 general-fund revenue.
Detroit’s two pension plans may be underfunded by more than $1 billion, based on an assessment of asset values in June 2011. One fund covers police and firefighters; the other is for general city workers.
Eh - what's a little can kicking...
adornosghost wrote:
Highest paid public employee by State:
http://freethoughtblogs.com/pharyngula/files/2013/05/highestpaid.png
We got some well paid school administrators but none probably come close to what some of those coaches make.
sm_landlord Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
While we're on the subject, don't miss David Gilmour playing that hook on guitar in this performance:
YouTube - Kate Bush & David Gilmour - Running up that Hill - Live SPB
Thanks I'd not seen/heard that before.
The 5.1 surround mix of Wish You Were Here makes me smile everytime I give it a listen.
Rob Dawg wrote:
As is he. In an interview he says the song is about the despair of once proud men in the Great Depression.
No doubt. One of many, many songs I like of his.
sm_landlord wrote:
Absolutely: There is only one Kate Bush.
She is amazing.
YouTube - Peter Gabriel - Don't Give Up (ft. Kate Bush)
sm_landlord wrote:
Within Temptation's cover is better:
YouTube - Within Temptation - Running up that hill
Still like the original
YouTube - Kate Bush - Running Up That Hill - Official Music Video
azurite wrote:
One of the few of the Gold coast/ultra wealthy people's mansions I've been in that felt like it might've been a nice place to live (if you could afford it). The surviving part of the mansion at the former Marshall Field estate, now Caumsett State park (front of the building and the stable were used in filming "Arthur") is another.
Not sure what happened this year. I've participated in this in past years.
sm_landlord wrote:
Reminds me a bit of the TV/Movie business; it's still draining out of California as better-run states and foreign locations continue to ramp up subsidies.
From wiki
The Great Gatsby (2013 film) - Wikipedia, the free encyclopedia
Filming [edit]The Great Gatsby was planned to be filmed in the New York City area, where the novel is set, starting in June 2011.[8] The director instead opted to have the principal photography happen in Sydney. Filming began on September 5, 2011, at Fox Studios Australia. The shoot finished on December 22, 2011, with additional shots filmed in January 2012.[3][24]
Sets [edit]
Beacon Towers in 1922, during the period that Fitzgerald would have known it.In creating the background scenery for the world depicted in the film, designer Catherine Martin stated that the team styled the interior sets of Jay Gatsby's mansion with gilded opulence, in a style that blended establishment taste with Art Deco.[25] The long-destroyed Beacon Towers, thought by scholars to have partially inspired Fitzgerald's Jay Gatsby estate, was used as a main inspiration for Gatsby's home in the film.[25][26] The filming for the exterior of Jay Gatsby's mansion was the college building of the International College of Management, Sydney,[27] Some inspiration was also drawn from other Gold Coast mansions, including Oheka Castle and La Selva Mansion.[28] Features evoking the Long Island mansions were added in post-production.[28]
The inspiration for the film version of the Buchanan estate came from Old Westbury Gardens.[25] The mansion exterior was built on a soundstage, with digital enhancements added.[28] The interior sets for the Buchanan mansion were inspired by the style of Hollywood Regency.[25]
The home of Nick Carraway was conceived as an intimate cottage, in contrast with the neighboring Gatsby mansion. Objects chosen adhered to a central theme of what the designers saw as classic Long Island. The architecture conjures American Arts and Crafts, with Gustav Stickley-type furnishings inside and an Adirondack-style swing out.[28]
energyecon wrote:
So who is dumping T's? Is the whole curve moving like the ten year
U.S. Government Bonds, Treasury & Municipal Bond Yields - Bloomberg
Whole curve
I'm sure this got posted already.
This should bring out the 
No Lehman Moments as Biggest Banks Deemed Too Big to Fail - Bloomberg
“Because of this reform, the American people will never again be asked to foot the bill for Wall Street’s mistakes,” Obama said on July 15, 2010. “There will be no more taxpayer-funded bailouts -- period.”
Investors, it turns out, don’t believe that, Bloomberg Markets magazine will report in its June issue. The people who lend money to the largest banks are betting that Uncle Sam will toss a lifeline to a giant should it stumble, according to a study by Deniz Anginer, a World Bank financial economist.
Bondholders who lend money to the six biggest U.S. banks are so convinced the government will bail out these institutions that they are willing to accept lower returns -- a marketplace subsidy worth $82 billion from 2009 through 2011, Anginer calculates.
Free markets are glorious!
It isn't only the banks that are living large on the gov teat...
Navy $37 Billion Ships Seen Unsuitable Have 2-Year Window - Bloomberg
A confidential Navy study obtained this week by Bloomberg News found that the ships are too lightly armed, plans to swap equipment for different missions are impractical and the decision to build two versions complicates logistics and maintenance. Failure to resolve such issues will result in “ships that are ill-suited to execute” warfighting needs, Rear Admiral Samuel Perez wrote in the March 2012 report.
At least we have something tangible.... even if it ends up in a container ship as scrap to be sold to China.
Antipodes wrote:
Simple for me as I don't earn much as a house husband.
The IRS doesn't try to claim nexus based on your citizenship to your wifes income?
Antipodes Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
Pretty sure I can vote in the US.
What's it like living overseas and having to file tax returns every year?
Jobs? Why they are in finance if you look hard enough.
Cerberus must be hiring...
Cerberus Financing Landlords Wall Street Can’t Reach - Bloomberg
Cerberus Capital Management LP is entering the booming market for single-family homes to rent, planning to lend billions of dollars to investors too big for government programs and too small to get Wall Street funding.
The New York-based firm is seeking to fill a void left by regional lenders that prior to the housing crash were the primary source of loans for landlords buying properties. At least 475 banks have failed since the real-estate collapse, according to the Federal Deposit Insurance Corp., while larger banks have tightened mortgage underwriting standards and are focusing on the biggest investors.
“There’s a real vacuum and Cerberus sees that and they are filling it,” said Jack BeVier, partner at Baltimore-based Dominion Group, which buys and renovates homes. “That niche used to be filled by commercial banks, the local savings and loans or the small regional banks, which would do blanket mortgages across many rental properties, but those players are largely out of the market right now.”
2 and 20 - OPM baby. Yeehaw.
yagij wrote:
: "We have a turd in the punch bowl. Repeat, we have a turd in the punch bowl."
From the comments on the bloomberg article linked
Ha ... only 27.1 payments of $7 billion left and the tax payers have their money back ... but without interest. What a deal!!
and the follow up reply
Yes Stewart hit the nail on the head .....if a private company could even borrow money for such a business ...their interest rate would probably be 5 to 6 % take 5 % on 190 billion ...$9.5 billion a year ....take the accrued interest and I am sure we are way under water ....These people treat us like idiots with their inept biased reporting
Emphasis mine - in regard to that sentiment it's probably 
But wait there's more!
Hedge funds including Paulson & Co. Inc. have been pushing Congress to abandon plans to wind down Fannie Mae and Freddie Mac as investors buy up preferred stock that has been soaring after being considered probably worthless, people with knowledge of the discussions have said. Employees are also pondering the firms’ futures.
for the 1% too!
Ha - I can be on topic
Freddie Mac to Pay Treasury $7 Billion on Quarterly Profit - Bloomberg
Freddie Mac, the U.S.-owned mortgage- finance company, will pay $7 billion to the Treasury Department after reporting the second-largest quarterly net income in the company’s history.
The government-sponsored enterprise, which has operated under federal conservatorship since it was seized in 2008, had net income of $4.6 billion for the three-month period that ended March 31, according to a statement released today as part of the McLean, Virginia-based company’s regulatory filing.
Freddie Mac finished the first quarter with net worth of $10 billion and is required to pay everything above $3 billion to Treasury in return for taxpayer aid under conservatorship. The company and Washington-based Fannie Mae have received almost $190 billion in assistance since they were seized amid losses that pushed them toward insolvency.
We are rich!
adornosghost wrote:
Got you confused with Rush?
They just got inducted into the RnR Hall of Fame. About time.
YouTube - 2013 Rock and Roll Hall of Fame Induction / Rush The Spirit of Radio
I'm sure Limbaugh doesn't have a problem - just like LiLo.
Coincidence or
My banner ad is for a drug and alcohol detox facility.
Blackhalo wrote:
Meh. I'm pretty sure a black man in the White House is better fodder than a successful, assertive woman. And if they want to continue bashing on women's issues, in upcoming political contests, they're gonna have a real bad time.
Bloomberg will probably make a run at the Oval Office. He will ramrod through 2 key bills - 1 to enact a national assault weapons ban inclusive of large capacity soda containers. 2 - repeal the 2 term limit for Pres.
BarleyReturns wrote:
Works both ways. ZERO loyalty
Corporations now view employees as liabilities instead of assets. They reap what they sow.
Former Idealist Select ratingCancel ratingIgnoredOkayGoodGreatCancel ratingIgnoredOkayGoodGreat wrote:
My soft batch chocolate cookies have shrunk to the diameter of a quarter.
damn it
It's for your own good you gluten loving, high fructose corn syrup worshipping fat ass!
:channelingtheresidentdietaryexpertKP:
This get posted yet?
Bankers Warn Fed of Farm, Student Loan Bubbles Echoing Subprime - Bloomberg
>
A group of bankers that advises the Federal Reserve’s Board of Governors has warned that farmland prices are inflating “a bubble” and growth in student-loan debt has “parallels to the housing crisis.”
The concerns of the Federal Advisory Council, made up of 12 bankers who meet quarterly to advise the Fed, are outlined in meeting minutes obtained by Bloomberg through a Freedom of Information Act request.
Their alarm adds to a debate on the Federal Open Market Committee about whether the benefits from their monthly purchases of $85 billion in bonds outweigh the risk of financial instability. While Chairman Ben S. Bernanke has argued the program is worth pursuing, Fed Governor Jeremy Stein and Kansas City Fed President Esther George are among those who have voiced concerns that an extended period of low interest rates is heightening the risk of asset bubbles.
How much did HSBC pay in fines for criminal conduct?
HSBC Profit Almost Doubles as Impairments Decline With Costs - Bloomberg
Pretax profit increased to $8.43 billion from $4.32 billion in the year-earlier period, the London-based bank said in a statement today. That beat the $8.04 billion average estimate of nine analysts surveyed by Bloomberg (HSBA). Bad loan charges declined 51 percent to $1.17 billion, HSBC said.
Let's see that was around $2 billion
In December, HSBC agreed to a record $1.92 billion fine to settle charges with United States authorities that the bank breached rules against money laundering, including that it handled money transfers worth billions of dollars for countries under United States sanctions.
Quite a rebound in earnings. I wonder how much came from money laundering?
energyecon wrote:
hmmm, that means wide stance? NTTAWWT
Gives the phrase "playing to both sides of the aisle" new meaning...
It does indeed burn. They all realize it's about bringing home the bacon or pork - less for other districts/states = more for them.