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Wednesday, March 25, 2009

03/25/09 READER SUBMITTED COMMENTS: Excellent reporting on Greenwich Hedge Fund behaving badley


READER ALERTS US THAT THERE IS
MORE INFORMATION AVAILABLE:

I saw you followed the bloomberg story on the battle between Wilbur Ross and Bruce Rose of Carrington Capital yesterday. I just thought you'd enjoy two stories that not only out reported Bloomberg story on this but also were first to break this news last week.



If you want to post a photo of Bruce Rose and his wife you can find one here. There are not many out there but it's on NACA's home page because they are calling him an financial predator:


Hope you enjoy the read.

PLEASE SEE:


Bloomberg

That’s why Greenwich, Connecticut-based Carrington’s hedge funds, which owned the riskiest kinds of bonds, stands to gain from delays. ...

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03/25/09 Please Be My Friend At Facebook

facebook
Narsing Brahanpure" src="http://profile.ak.facebook.com/v227/596/5/s566811346_3755.jpg" name="Narsing Brahanpure">
Narsing Brahanpure has:
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Facebook


Hi Greenwichroundup,

I invited you to join Facebook a while back and wanted to remind you that once you join, we'll be able to connect online, share photos, organize groups and events, and more.

Thanks,
Narsing

To sign up for Facebook, follow the link below:
http://www.facebook.com/p.php?i=566811346&k=46DU4XWXSXXM5CACTJ25SV&r

See who else has invited you to Facebook:
Chris AbrahamChris Abraham
3580 friends
96 photos

Dear Narsing,

Thank you for your kind offer.

Greenwich Roundup is just not a social networking kind of guy.

However, I did just join the social networking site at Harvest Time Church here in Greenwich.

Recently, I almost joined the Fresh Air Fund social networking group, when I was invited, but I backed out at the last minute.

The site is called HT Together.

I also was forced to join Multiply, when this social networking site bought MSN Groups. I was the founder of MSN's largest and most active news group for stamp collectors.

The Group was called,"All Nations Stamp Club.

The transferee went poorly and I lost about 1,500 members. The members that did transferred are totally lost on the social networking platform and are not that active now.

My assistant club managers are now helping me rebuild the club at Yahoo Groups.

Many webmasters have told me that joining social network groups wold attract new readers to Greenwich Roundup.

The reason that I have not joined social networking groups is I am afraid that I will get messages like.

"What's Up..... I just made a bowl of chili."

Maybe later I will get involved with these groups later on.

sincerely,

Greenwich Roundup

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03/25/09 Good News For Greenwich Realtors: More New Yorkers May Move Here

NEW YORK DEFECTOR: Dentist Larry Rosenthal is eyeing a move to Greenwich now that pols are pushing a wealth tax in New York

$Queezing Them Out
New York Post

NYERS EYE EXIT AS RICH TAX LOOMS

DIANE RAMIREZ is successful in business, lucky in love, and a die-hard New Yorker. But don't push her too far.

She might walk.

"I love New York. I don't want to leave." But the thought of adding a so-called millionaire's tax which could affect couples making $500,000 is making tough New York life unbearable.

"This is the straw that's breaking the camel's back," said Diane, 61, the president of Halstead Property, who's considering Connecticut

"It's that one extra little thing that changes the balance. The thing that makes you think, 'Is this city the place you want to live?' "

Dr. Larry Rosenthal is a dentist to the stars perfecting the smiles of Saudi princesses and Hollywood royalty. He also loves New York. But does he love it enough to pay as much as 50 percent more in tax, on an income in excess of a million a year?

"I'm thinking of moving to Greenwich, Connecticut," said Dr. Rosenthal, who lives on the East Side, has a son in private school and gives a nice chunk each year to the American Cancer Society and Lou Gehrig's disease research. If he goes, so does all that.

"I could commute," said Rosenthal. "I could open a practice there. It's not far away. It's very approachable. It's sad, because we're the people who keep the economy going, paying mortgages and private school. Still, I have to consider what it costs to live here."

State government has put a target on the backs of folks like Larry and Diane, who face a potential hike on income estimated at a half-million to $700,000.

But all the millionaire's tax will wind up doing is chasing out folks who donate to charities, contribute jobs and pay the bulk of taxes. When these people are run out of town, what happens to everyone else?

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03/25/09 FORGET ABOUT A BOX OF CANDY: Greenwich Mothers Should Run Up To Ridgefield And Run In A 5k On Mothers Day

'Run Like a Mother' on Mother's Day in Ridgefield
NewsTimesLive.com

RIDGEFIELD -- If you are a mother of young, or even teenage children, you're on the run, double time, for a good part of the day. If you have a job, the pace triples and the days race.

Which is why you might ask why, on Mother's Day, you should start out with a 5K race?

Exercise, solidarity, fun and a flower for everyone who crosses the finish line? Those are at least some of the answers for those who join in the second annual Run Like Mother road race here on May 10.

"People told me last year 'It's the best Mother's Day I ever had,'" said Megan Searfoss, the organizer of the event. "You get a T-shirt, you get a flower and your husband gets off the hook about serving you breakfast in bed.".....
....The idea for the race started a year earlier when Searfoss and her friends -- who call themselves, informally, The Ridgefield Racy Ladies -- held a private run for themselves in town on Mother's Day and had about 30 people join in......
... When Searfoss' husband, Chon, got a job in Greenwich three years ago, the Searfoss family -- Chon, Megan and their three daughters Abby, 16, Sarah, 11 and Jane, 9 -- moved to Ridgefield and they settled in. ...
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03/25/09 Greenwich Short Seller Douglas Cliggott: “We haven’t hit bottom yet



U.S. stocks fell as the nation’s top two banking officials called for stronger regulation of financial firms and Nobel Prize-winning economist Paul Krugman said the government will have to seize major lenders.

Citigroup Inc. and Bank of America Corp. retreated after the shares jumped more than 19 percent yesterday on the Treasury’s plan to purge toxic assets from banks. Southern Co. led a gauge of utilities to a 2.2 percent drop amid concern the U.S. will levy fees on fossil-fueled power plants. Walt Disney Co. slumped 3.3 percent following a downgrade by Goldman Sachs Group Inc., which said the stock is expensive.

... When you’re buying equities, you’re buying a stream of earnings and current earnings are in freefall,” said Douglas Cliggott, the Greenwich, Connecticut-based manager of the $81 million Dover Long/Short Sector Fund, which beat 97 percent of its peers last year. “We haven’t hit bottom yet. ...
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03/25/09 PRESS RELEASE: Senior Project Manager at R. S. Granoff Architects in Greenwich, achieved Leadership in Energy and Environmental Design ....

Attached please a Press Release announcing Ms. Sarah Snow’s LEED AP achievement for our firm. Could you please list it on your webpage?

Please feel free to contact me with any questions.

Thank you,

Darlene

March 24, 2009


FOR IMMEDIATE RELEASE

SARAH SNOW, Senior Project Manager at R. S. Granoff Architects P.C. in Greenwich, achieved Leadership in Energy and Environmental Design (LEED AP) accreditation by the U.S. Green Building Council, a nonprofit trade organization based in Washington, DC.. Ms. Snow heads up the firm’s commercial interiors practice, which focuses on the design of professional offices, trading floors, medical facilities, retail stores and restaurants. As the leading architecture firm in Greenwich, with a professional staff of 20, R.S. Granoff Architects has recently completed and is currently working on many green projects in the area, some of which are LEED Certified.

For further information contact:

Richard Granoff at 203-625-9460 x18 or
rg@granoffarchitects.com

_______________________

Darlene Enright
R.S. Granoff Architects, P.C.
30 West Putnam Avenue
Greenwich, CT 06830
T: 203.625.9460 x10
F: 203.625.5325
mailto:ide@granoffarchitects.com
www.granoffarchitects.com
_______________________


03/25/09 The Raw Greenwich News Feed: This Just In.....

The Latest Greenwich News Briefs:

Greenwich goes deep to pool in another title
Norwalk Advocate
By David Fierro Greenwich High School boys swimming coach Terry Lowe knew his team was strong entering the season, but he wasn't sure if it was capable of ...

Tight league race shows a real balancing act
Stamford Advocate - Stamford,CT,USA
Trinity Catholic went 11-1 in the FCIAC to compile 22 points and earn the top seed for the conference tournament but it was fourth-seeded Greenwich that got ...

The Latest Greenwich Blog Posts:

The Blonde Excuse
Cat People - Sorry for my absence lately, but I have good reason. I got a job! Well, sort of. It's a temp-to-hire job so I have a job if they decide after some unspecifie...

For What It's Worth By Riverside Blogger Chris Fountain
Whew, he did it! 2 months in office and the Messiah has ended the war on terror! - Henceforth, it will now be referred to as “Overseas Contingency Operations”. I bet you think I’m kidding, don’t you? Click on the link and ...



Please send your comments, news tips and press releases to
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03/25/09 The Raw Greenwich Overnight News Feed (Updated)

US orders hoofs off Spanish ham, plans tariff
Chicago Daily Herald

The tariff also is being challenged by Nestle Waters North America, a Greenwich, Conn.-based subsidiary of Switzerland-based Nestle SA that sells Pellegrino ...

Greenwich Jaycees Membership Open House
Stamford Plus Magazine

We will answer your questions - Who are the Greenwich Jaycees? How to become a member? Membership benefits? How to get involved with Jaycees International? ...

MTA proposes eliminating trains
Connecticut Post

The New Haven Line cuts would eliminate a 1:34 pm run between Grand Central and New Haven which now stops at Greenwich and Stamford before making other ...

Area stocks
Greenwich Time

Among the gainers, Greenwich-based Blyth Inc., which designs, manufactures and markets candles, home fragrance products and Sterno, closed at $25.49, ...

Newcomer mulls Senate bid
Stamford Advocate
Fresh off his stint as US ambassador to Ireland, Greenwich resident Thomas Foley is adding his name to a growing list of potential ...

Business People
Stamford Advocate

Paul Sacco, of Old Greenwich, has been promoted to vice president of STV, a provider of construction management, engineering, architectural, planning and ...

Stamford, TC have first-team cheerleaders
Norwalk Advocate

Other first team selections included New Canaan's Melanie Ng, Molly Stayman and Erin Queally; Greenwich's Sarah Stallard and Alana Guida; and Danbury's ...

Old bags auction
Greenwich Time

A "Bags Collection" luncheon was held recently in the home of Greenwich resident Cathy Dann, where Old Bags Luncheon committee members and friends donated ...

In town
Greenwich Time
The YWCA of Greenwich
is offering a $100 discount off each session of its summer camp "TA-YI-TO" for children registering by Tuesday. ...

A tree grows in Greenwich
Stamford Advocate‎
With the number of trees on Greenwich Avenue dwindling
, the Greenwich Tree Conservancy is trying to save one more from removal. ...

No. 16 Dartmouth Scores 12 Unanswered to Down Fairfield
LaxPower

Shannie MacKenzie (Greenwich, Conn.) was solid defensively and scooped up a team-high three ground balls. Fairfield struck first in the game with a goal ...

Putting The Advocate in some historical perspective
Stamford Advocate

Joel Mann of Greenwich for his anti-Masonic views. Early issues of the Sentinel contain many quaint local advertisements. For instance, an advertisement for ...

Three community leaders elected to the board....
Norwalk Plus Magazine

The Fairfield County Community Foundation in Norwalk announced that Vicki Craver of Greenwich and Mary-Jane Foster and Bruce Hubler of ...

Greenwich Boys and Girls Club has new librarian
Connecticut Post

Pictured with new Boys and Girls Club of Greenwich librarian Ilana Klein are club members, from left, back row, Ashleen Menchaca, Naomi Edouard, ...

Fairfield County Calendar
Stamford Times
The Bruce Museum
, 1 Museum Drive, Greenwich. 869-0376. Through June 14: "Dinosaurs: The Art of Reconstruction"; juxtapositions of works of painters and ...

DHS rugby club packs a wallop in year two
Darien Times

... senior division within the Metropolitan Rugby Union against long-established teams such as Greenwich, Fairfield Prep and Xavier High School of Brooklyn. ...

Where's the outrage?
Boise Weekly‎

In February the protestors disrupted the hush of Frey’s manicured Greenwich, Conn., neighborhood by chanting “Fix our loans, save our homes. ...

Suspected mold found in new Hamilton Avenue school
Stamford Advocate

GREENWICH -- School officials say the newly-reopened Hamilton Avenue School remains safe for students and staff to continue occupying ...

Help destressing in anxious times
Stamford Advocate
Much has been said about watching water boil, but these days it probably doesn't take as long as it once did.

At least not in the metaphor Dr. C. Evers Whyte uses to describe the stress people are under. A constant barrage of responsibilities, pressures and fears can make it hard for some people to cool down between stressful moments.

He opened the Stamford center in June, after operating a practice in the Riverside section of Greenwich for more than 10 years. The center recently launched ...

Ex-Citadel Trader Sethi Said to Start Volatility Hedge Fund
Bloomberg

Pav Sethi, former global head of volatility arbitrage at Citadel Investment Group LLC, plans to start his own hedge fund, according to a person familiar with the matter.

Sethi worked for Ken Griffin’s Citadel for four years before leaving in February 2008. He was previously a portfolio manager covering volatility arbitrage at JD Capital Management LP, a Greenwich, Connecticut-based hedge fund, and had worked in Morgan Stanley’s equity-derivatives trading group in London.

Tropicana Entertainment could emerge from bankruptcy by April
Las Vegas Review - Journal

A group led by billionaire financier Carl Ichan and Silver Point Finance, a Greenwich, Conn.-based hedge fund, has expressed interest in buying the New ...

Trinity and Darien stars on the All-FCIAC Boys Ice Hockey Team
Greenwich Time
Ridgefield forward Colin Scott, Greenwich defenseman Ollie Christie and Staples forward Jason Shapiro completed the All-FCIAC First Team. ...

Brunswick lacrosse looks for winning season
Greenwich Time
SHOWDOWNS:
The game everyone has circled on their calendar is the April 21 matchup with crosstown rival and FCIAC powerhouse Greenwich High School at Cosby ...

Avenues for relief to be showcased
Greenwich Time
In response to the large number of new clients turning to the town Department of Social Services during the recession, department officials are planning a large multi-agency event Friday to give people the tools to find relief.

Letters from Readers - Library critics
Greenwich Time

Look past the complaints about library project

To the editor:

Regarding the Byram Shubert Library renovation ("Status of library annoys Byram,") Greenwich Time news story, March 23), it is interesting to note that there are still a few naysayers and maligners in the Byram community, which in general has fully supported the renovation project.

I have lived in Byram for over 30 years and have sometimes observed the negative and unconstructive contributions of the few. Messrs. Joe Kantorski and Mike Bocchino are doing a great job of being negative about the project, especially when their public comments are so uninformed, and when they have had the opportunity to attend the regular construction meetings to keep up to date with the renovation and to have a clearer understanding of the process this project has gone through..

I have observed this project from close range over the past six years, and know how many volunteer hours that numerous people have put into making it happen, even when these volunteers had other full-time (paying) jobs.

Come on, Mike and Joe! Smile! Be positive! The Byram Shubert Library renovation is a wonderous addition not only to the Byram community, but to the town of Greenwich.

Stuart Marsh
Greenwich


Where does the buck stop?
Greenwich Time Editorial
Bernie Madoff is in jail. Woo-hoo. Ding dong, the wicked wretch is dead. One year ago, Madoff -- along with the heads of Merrill Lynch, Bear Stears, Lehman Brothers and a long list of others -- were pseudo-gods, superhumans delivering big payoffs to investors who could not believe their good fortune.


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