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Hotel Jerome Facing Foreclosure Auction {Luxist}

Oct 1st 2009 9:56PM It is indeed sad that this lovely old property, not to mention the entire staff, is in foreclosure proceedings. I live in a tourist area and resort facilities change owners and management structures with some regularity. I can assure you, I live at the far end of the financial food chain here and I am one of the very fortunate who has managed to keep a roof over my head and food on the table as a result of the tourism dollar. Is the Hotel Jerome's pending auction related to the current economic climate? ... probably. But it could also be a result of the two investment groups bitting off more than they could chew. What may have looked like a sure winner in 2007 (over cooked market value/price vs. actual hard-dollar value) was, within 18 to 20 months, a sucker bet. Another destinct possibility is the investors went into the deal hopelessly underfunded from the beginning. Either way, no one wins. Blaming the current Administration is a foolish as blaming the previous Administration. Blaming the other guy is not the same as assigning or accepting responsibility for a lousy outcome. You might want to have a little empathy for the people who work day in and day out at this landmark. Think about the loss of their wages. Think of the loss to the companies large and small who supply goods and services to this location. Think about the small businesses and their employees who depend on the guests that stay at that hotel. Like I said .. no one wins here. A little humility goes a long way. If you are working ... try a little gratitude. It could be you tomorrow.

Lenny Dykstra To Auction Off World Series Ring {Luxist}

Sep 14th 2009 8:07PM Steve-O: Please understand that not all of Mr. Madoff's investors were aware of being a "Madoff Investor". More than a few elderly widows knew only that their husbands handled the family finances and that he or, upon his death, the estate administrator continued to make investments with the same shadow investment firms of many many years. Generally, these investors were far from the six-figure income level that fill the headlines. Far from it. It was only after Mr. Madoff's mea culpa that the true extent of his fraud became known to these individuals at the very far end of the financial food chain. As for Mr. Dykstra's financial issues, I am sorry to hear of his difficulties but I'm more concerned with the sanity of the potential purchaser of his home. That must be one heck of a ego to carry around at $24 million. Just an opinion.

20 Protest Songs That Matter: No. 1 {Spinner}

Dec 12th 2007 4:03PM Nina Simone "Mississippi God Damn", anything by Woodie Gutherie (labor) Ritchie Havens (does anyone remember WOODSTOCK!!!!!)ugh ...

Barbara Walters Rips Heather Mills {AOL Video Blog}

Nov 6th 2007 5:12PM I've never met Ms. Mills, so it would be entirely inappropriate to comment on her. However, many years ago (mid 1980's) I did encounter Ms. Walters on a number of occasions in Miami when she accompanied her mother to the healthcare facility where I was employeed. At no time was Ms. Walters anything but a perfect lady. Never pushy or demanding and her comportment with ancillary staff was always quite personal and polite. I have spoken with friends who have worked with her in various capacities and they, too, find her a warm, funny and unpretentious woman of great charm and affability. Sorry ... no rotten tomatoes here.

  • Linda
  • Member Since Nov 6th, 2007

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