B o A's use of TARP funds?

[stuny]

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Bank of America has a new tower almost completed at 6th Avenue and 42nd Street. An itneresting building started two or three years ago.

[epand56]

Stuart, a crystal clean picture, very neat and sharp. Beautiful colours and composition.

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[stuny]

Enrico -

 

Thank you.

[vla]

cool shot, stuart! i really like perspective, colors and interplay between sun and shadow.

 

markus

 

ps - finally a pleasing perspetive on the financial services industry ...

[pauledell]

Stuart, I have been enjoying your fine images of NYC, especially this. Marvelous color and clarity.

 

Paul

[roguewave]

Stu, nice shot of this house of shame. I don't think Mr Lewis will captain this ship for much longer. He & John Thain should do a Viking farewell in the East River.

[audidudi]

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Taken during your daily commute, I presume? If so, then lucky you as my 11-mile commute is mostly freeway and try as I might, I've yet to see anything interesting there.

 

In any event, nicely seen!

[stuny]

Markus, Paul & AD - Thank you, and yes this activity makes the walking commute much more fun.

 

Ben - Thank you, and I like the special trip to Valhalla idea, though we may wish to forego the normal prerequisite deaths before lighting the boats and setting them adrift..

[soleforeal]

Shareholders had enough.

Nice vantage point.

[stuny]

soleforeal -

 

Thank you.

[tobey bilek]

Sad nobody mentioned the TARP funds.

 

Are we afraid to say how Trillions are being missued ? We don`t want to admit the collosal error yet ?

 

Just to put this whole thing in perspective the debt is now $36,700 for every man woman and child. I could pay my share. So could my kids. But most can`t and we will pay interest on it for decades. It is like a mortgage, by the time it is done, the interest cost is greater than the purchase price.

 

Never fear, the government never runs out of money. They just put on an addition shift at the printing plant.

 

The latest fiasco is with Chrysler. They are screwing the bond holders out of liquidation proceeds and giving it to the unions with 55% ownership. Should be very interesting how the company makes a profit or doesn`t. Maybe they will just pay it all out in wages and let the stock go to zero. Heck with the other 45% of the owners.

 

Or maybe they will act like owners. Time will tell.

 

You see he said he was going to "spread the wealth around". Now you see the details. Just like Robin Hood, take from those who earned it and give it to those who didn`t.

[carylwithay]

Beautiful shot. I like the reflections.

Caryl

[vdb]

Sharp,clear,great colors and reflections--well done as usual Stuart.

[stuny]

Caryl & Virgil -

 

Thank you.