It’s time for BP to ante up – big time

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President Obama is demanding that BP set up a victims compensation fund to assist businesses and individuals who have been and will be impacted by millions of barrels of crude oil that are still spewing from the company’s broken well at the bottom of the Gulf of Mexico. Initial reports indicate that the company will […] [Read More]
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DOT’s comments on I-95 traffic

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A couple of weeks ago, I called the Connecticut Department of Transportation for comment on I-95 rush-hour traffic’s impact on the economy, as noted in my Friday, May 28 blog, “I-95 traffic…” DOT spokesman Kevin Nursick returned my call the following Wednesday, at which time I briefed him on what I said in the blog. […] [Read More]
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Happy Birthday, Steve!

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SAC Capital Management’s Steve Cohen turns 54 today.  Hope they’re partying on down by the water in Stamford. [Read More]
Categories: General

Interactive Brokers keeps rolling out new products

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Interactive Brokers Poised To Launch Muni Trading By Nicole Brook Guest Writer Greenwich’s Interactive Brokers will launch low-cost electronic trading in municipal bonds in the next week, according to Steve Sanders, senior vice-president for Business Development & Marketing at IB. The company, which already trades on a number of electronic bond exchanges, is very excited […] [Read More]
Categories: General

BP debacle stresses need for alternative energy push

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If there ever was a reason to speed up research into and production of alternative energy sources, what’s going on in the Gulf of Mexico is it. For six weeks, millions of barrels of crude oil have been spewing out of that broken British Petroleum pipe more than 5,000 feet below the surface, polluting the […] [Read More]
Categories: General

Golden Eddie

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Eddie Lampert’s not an ostentatious kind of guy, billionaire or no, so don’t expect to see him driving a gold-plated Aston Martin around Greenwich. But Eddie’s getting into the gold-buying frenzy in a big way, according to reports. His Sears Holding Co. has hooked up with a company that buys gold jewelry by mail and […] [Read More]
Categories: General

I-95 traffic…

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Given the several hours a week I spend sitting in I-95 traffic as a frequent commuter from Fairfield to Stamford, I often come to the conclusion — as I repeatedly shift from second to third gears — that the traffic can not be good for the local economy on so many levels. Since there are so […] [Read More]
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Financial industry blogger needed – Full time

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Financial Services Reporter Hearst Connecticut Media Group is seeking a financial services reporter to blog, break stories, investigate and lead coverage of the high-end financial services industry and community in Fairfield County, Connecticut. Blogging and writing for our online products will constitute about 70 percent of the job. The beat will include hedge funds, investment […] [Read More]
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More Madoff from Rob Varnon

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The State Banking Department is handing over the results of its investigation into the securities activities of Westport-based PSCC Services Inc., its founder and owner Robert L. Silverman and Westport National Bank to the state Attorney General. These investigations were started in relation to the Madoff fraud scheme that resulted in losses of nearly $65 […] [Read More]
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Cutting the cable

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Even though I’m not a Cablevision customer and didn’t risk missing the Oscars because of the cable company’s squabble with ABC, I was inspired to explore alternatives to my cable TV service and the ever-higher bills. So I made an antenna out of a couple of pieces of wire cut from an old telephone extension […] [Read More]
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