Author Archives: MN Gordon

Bondage Is Cruel

Did you know that San Francisco’s recently completed 1.7-mile Central Subway cost $1.95 billion? That amounts to over $217,400 per foot. On a per inch basis, this is over $18,000. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 4 Comments

Is the Bank Crisis Already Over?

Taking the path of least resistance eventually leads to disastrous places. Like the Alexandria Hotel in Los Angeles, circa 1990s, these are places that are best to be avoided. Still, some people, after consistently choosing the easier and softer way, ended up there, going mad, in their SRO unit. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 3 Comments

Will You Play It Fast And Loose?

At the point of maximum fear, when the sky is falling, the world is ending, and shares of Bank of America trade below $8, what will you do? Will you play it safe? Or will you play it fast and loose? Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 25 Comments

Occupy Wall Street Redux

Borrowing short and lending long works mostly well most of the time. This is how modern banking works. You may be a customer at a bank. But you also supply the product. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 26 Comments