Long bike ride this morning along the lakefront with a slight chill in the air – a welcome chill – I stopped at the Causeway and watched the very large brown pelicans and white pelican perched atop the railroad ties. Back for the winter. Oh what a glorious sight to see. I called to them that the bayou is ready for their return.
At a gathering of Spanish, Brazilian, American, and others there was not a concern for Wall Street – some in the group already live on the margin, happily I might add, and are not expecting anything to be added or subtracted to their lives.
When we moved back to New Orleans in 1995, we lived on Napoleon Avenue in a half a double and had a back porch that was surrounded by night blooming jasmine and crepe myrtle. Our neighbors had a fountain that we could enjoy from across the dense leaves of a jasmine vine. Despite having arrived during a heat wave and having to unpack a van packed tight with our belongings that we dragged cross country…
Credit Oprah with having said that and my friend Jer who told me about it – but I was just speaking to a long term source today who said, “Rachel, you cover media, work in the financial industry and live in New Orleans – now you, have an interesting life.” I said, yes my dear and it is getting interestinger and interestinger all the time!
In an interesting conversation yesterday, I was surprised to learn that some folks feel it is the fault of the people who offered credit, and not those who sought credit, as to why we, as a country, as a global community, are in this financial mess. Come, come – if someone offers me the ability to borrow more than I have the means to pay back, am I blameless for taking it? We all have…
Excerpted from today’s NYT: But as panic gripped financial markets last week after the collapse of Lehman Brothers, WaMu customers started withdrawing their deposits. The government then stepped up its efforts, at points going behind WaMu’s back to work privately with four potential bidders on a deal. On Wednesday afternoon, the government solicited formal written bids. On Thursday morning, regulators notified James Dimon, chairman and chief executive of JPMorgan Chase, that he was the likely…
Went to Meaux Bar to split a delicious burger with gruyere cheese and have a Ketel One cosmo before going to see Vicky Cristina Barcelona, Woody Allen’s new film. Highly recommend. Think that Bardem and Cruz were so awesome together that their characters practically leapt off the screen. See it while you can – it left Canal Place after only being there a week – DON’T ASK – sometimes living in a third world state…
Four years ago for the election Bush scared the shit out of the American public by making them believe that if they voted for anyone but him the terrorist were going to come over and decimate us. Night before last, FOR THE UPCOMING ELECTION, he almost cried as he told the American public that we are going to hell in a hand basket – the EMPIRE is crumbling – and we need this bailout which…
In 1998, I was sitting at a restaurant having a glass of wine in San Francisco and the four women sitting at the table next to me were not talking about shoes, men, or children. They were talking about their portfolios. One gushed that she had moved more of her money into equities and another and another said that she had upped the amount she was putting into her Schwab account. Fast forward. Ten years…