Barry’s Bailout Skyline
- Joshua M Brown
- February 2nd, 2010
Barry Ritholtz recently moved office space. His new digs offer a highly appropriate view when you consider that his book Bailout Nation is the penultimate (ultimate, Josh) tome on the subject.
From The Big Picture...
We almost have full 360 ° views — the elevator banks on the East side of the floor block that view, but we can still see East from one office (NE corner). So we don’t quite have views in every direction — lets call it ~320 ° views:
Over the past few weeks, I have walked through the space with real estate people, contractors, building reps, etc., and noticed something rather amusing: Out of every single office, I could see the offices of at least one major bailout recipient — some offices, I could see four !
If we start at the elevators, walk into the conference room (facing South), and work our way clockwise (South to West to North to East), these are the various bailouts I can see:
Chrysler, Merrill Lynch, Morgan Stanley, Bank of America, General Electric, UBS, Bear Stearns and CitiGroup !
Head over to TBP to see Barry's pics of the various bailout HQ's along with some great captions. One of my favorite posts of 2010 so far. Hilarious.
Source:
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The Reformed Broker is a blog about Wall Street, the economy, politics and anything else. Joshua Brown has been managing money for high net worth clients, charitable foundations, corporations and retirement plans. (More »)
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