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Profile Information

Gender: Male
Hometown: NY
Member since: Tue Dec 30, 2003, 12:41 AM
Number of posts: 38,561

Journal Archives

Willis Reed, RIP


Probably my first sports hero. A guy I grew up with and saw in his prime. Team player, invincible, noble. Used to have epic playoff wars with guys like Wes Unseld, Wilt Chamberlain and Lew Alcindor (his rookie year)/Kareem Abdul-Jabbar.

Truly loved in NY.
Posted by BeyondGeography | Tue Mar 21, 2023, 04:44 PM (1 replies)

"Well, you kinda had to be there at the time."

Posted by BeyondGeography | Mon Mar 20, 2023, 10:03 AM (19 replies)

First Republic execs have been cashing out shares this year

And the SEC didn’t know about it. Plus, one other bank had also enjoyed this privilege…Signature:
Top executives of First Republic Bank sold millions of dollars of company stock in the two months before the bank’s shares plummeted during the panic over the health of regional lenders. The bank’s chief risk officer sold on March 6, according to government documents. Two days later, Silicon Valley Bank shocked the market and sent other banks into freefall. First Republic was among the worst hit.

Executives had been selling for months, the documents show. Executive Chairman James Herbert II has sold $4.5 million worth of shares since the start of the year. In all, insiders have sold $11.8 million worth of stock so far this year at prices averaging just below $130 a share. The bank’s chief credit officer, its president of private wealth management and chief executive together sold $7 million worth of stock. First Republic’s stock has tumbled further this week, falling 21% on Wednesday and an additional 22% as of midday Thursday, to $24.13. Credit-rating firm S&P Global Ratings downgraded the bank’s credit by four notches to a speculative or “junk” rating.

…As of Wednesday, First Republic is the only company listed on the S&P 500 index that doesn’t file its insider trades with the SEC, a Wall Street Journal analysis shows. Signature Bank was similarly exempted, but its shares were replaced in the index Wednesday after its closure on Sunday. The quirk in the reporting rules goes back to the Securities Act of 1933, which exempted banks from registering their securities with the SEC.


Posted by BeyondGeography | Thu Mar 16, 2023, 12:34 PM (0 replies)

Senator Warren calls Out Chair Powell for Fed's Plan to Throw 2 Million People Out of Work

Posted by BeyondGeography | Wed Mar 8, 2023, 10:40 AM (18 replies)

Audience laughs as Lavrov claims Ukraine war was 'launched against us'

Posted by BeyondGeography | Sat Mar 4, 2023, 09:39 AM (5 replies)

Good morning...In case you were wondering, we started the war in Ukraine

Posted by BeyondGeography | Tue Feb 21, 2023, 07:28 AM (15 replies)

Tim McCarver, 81, died of heart failure today

Posted by BeyondGeography | Thu Feb 16, 2023, 08:33 PM (3 replies)

Mike Lee in 2010: "phase out Social Security, pull it up from the roots, get rid of it."

Posted by BeyondGeography | Tue Feb 7, 2023, 11:18 PM (1 replies)

Magnitude 7.8 earthquake hits Turkey

Source: CNN


A magnitude 7.8 earthquake has hit southern Turkey, the United States Geological Survey (USGS) said Monday.

The quake’s depth is 24.1 kilometers (14.9 miles), located 23 kilometers (14.2 miles) east of Nurdagi, Gaziantep province, according to the USGS.

Strong aftershocks have been felt in central Turkey, where another earthquake of 6.7 magnitude struck at a depth of 9.9 kilometers about 11 minutes after the first quake, the USGS said.

Read more: https://www.cnn.com/2023/02/05/europe/earthquake-hits-turkey-intl-hnk/index.html
Posted by BeyondGeography | Sun Feb 5, 2023, 10:37 PM (47 replies)

Garland's special counsels: The mistake keeps getting worse (Rubin/WaPo)

Attorney General Merrick Garland came into the job determined, above all else, to restore the integrity of the Justice Department. In trying to convince everyone that the department is above reproach, however, he has made a series of unwise, showy moves that leave it looking more, not less, political.…

One wonders whether Garland and his aides did any significant research to determine how widespread the problem of retained-and-voluntarily-returned documents actually is.

What if former secretary of state Mike Pompeo, who is clearly considering a presidential run, finds and returns classified materials? Or former national security adviser John Bolton? It’s likely that lawyers for any number of ambitious former public servants are combing files.

We might soon realize that Biden’s sloppiness is neither “criminal” nor “extraordinary,” and therefore the special counsel statute does not apply.

Posted by BeyondGeography | Thu Jan 26, 2023, 09:08 PM (40 replies)
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