Tag Archives: Mayfair Economy

Introducing Islamic Financial Futurist David Cameron!

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“In the case of the United Arab Emirates, at least Dubai and Abu Dhabi, the bankers are in for the long haul. They’re patient fellows. Dubai – built on the shifting sands of a desert – will rise again. Qatar is another one, by the way. This stamp-size country was tapped to ‘own’ the Middle East’s biggest Westernized media franchise – Al Jazeera – and now it’s getting ready to host the FIFA World Cup in 2022. The bankers like these funny little countries. They can do what they want with them, and right now they’re building them up. Want a big salary? Take a trip over to the Middle East, find a tiny territory in the middle of a Western building boom and settle down.”

http://www.thedailybell.com/news-analysis/34707/Introducing-Islamic-Financial-Futurist-David-Cameron/

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Journalist beaten to death, encased in concrete for $100K in Magic cards

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“The twin brothers accused of beating a journalist to death and encasing his body in concrete murdered him for his rare collection of Magic game cards, it was revealed today.  Christopher and William Cormier, both 31, from Georgia, were arrested last month after the body of Sean Dugas, 30, was found stuffed in a plastic bag, encased in concrete and buried in their father’s backyard.  In August, the Cormier brothers allegedly broke into Dugas’ home and beat him to death so they could steal his collection of ‘Magic: The Gathering’ cards.  Police estimated the collection was worth up to $100,000, including a Black Lotus card worth $10,000 on its own.”

http://www.dailymail.co.uk/news/article-2226538/Twin-brothers-beat-journalist-death-encased-body-concrete-steal-rare-Magic-game-cards-worth-100k.html

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The Millionaire Residency Visa

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“For foreigners, it used to be that hard work and plenty of patience for bureaucratic red tape would garner access into a coveted country. But, these days, sometimes all it takes to grab that golden ticket is achieving multimillionaire status and promising to make a hefty investment in a new homeland.  Countries such as the United States, Australia and New Zealand are all embroiled in a global tug-of-war for the wealthy, and each has either rolled out or reauthorized what are known as millionaire visas in recent years. These programs, which are aimed squarely at wealthy investors, fast-track these individuals’ path to permanent residency—and sometimes even citizenship.”

http://online.wsj.com/article/SB10001424127887323665504579032922966616830.html

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What it costs to raise a royal baby

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“How much does it cost to live like a prince these days?  William earns £35,000 ($54,000) or so as a helicopter air-sea rescue pilot for the Royal Air Force.  More importantly, he is also supported by his father, Prince Charles, the Prince of Wales, who has an annual income of about £19 million ($29 million), essentially real-estate income from the 133,000-acre Duchy of Cornwall estate.  William and Harry also jointly inherited around £17 million ($26 million), before tax, from their mother’s estate.  But for all American rubberneckers, here’s some good news. You could probably live like a prince for a lot less than that. Here’s where you’ll spend your money.”

http://www.marketwatch.com/Story/story/print?guid=2447BE38-F564-11E2-9F9D-002128040CF6

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Chelsea Clinton’s $10M digs at Madison Square

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“Chelsea Clinton is buying a $10.5 million spread right across the street from Madison Square Park, sources told The Post yesterday.  The former first daughter and her husband, Marc Mezvinsky, signed a contract for the massive, 5,000-square-foot pad at The Whitman last month, the sources said.  Last week, ex-President Bill Clinton and former Secretary of State Hillary Rodham Clinton toured the apartment, graciously posing for photographs with the hard hats who were working at the building.  Chelsea, 33, and Marc, 35, ‘live in the neighborhood and found the building on their own while out walking,’ a source said.”

http://nypost.com/2013/03/14/chelseas-10m-digs-at-mad-sq/

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A Finicky Thief of the Finest Silver Is Arrested Again

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“Even before someone carefully removed a windowpane from a secluded Buckhead home here one rainy June night and slipped away with a 1734 silver mug that had belonged to George II, it was clear to detectives that a meticulous thief with a singular obsession was stealing the great silver pieces of the Old South.  For months, exquisite sterling silver collections had been disappearing, taken in the dead of night from historic homes in Charleston and Belle Meade, Tenn. The police did not at first connect the thefts, some of which initially went unnoticed even by the owners. But as the burglaries piled up, a retired New Jersey detective watching reports on the Internet recognized a familiar pattern.”

http://www.nytimes.com/2013/08/27/us/a-finicky-thief-of-the-finest-silver-is-arrested-again.html?emc=eta1&pagewanted=all

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Global Cities of the Super-Rich

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“The report also ranks the global cities that matter the most to these high-net-worth individuals, based on four categories: economic activity, political power, quality of life, and knowledge and influence. Overall, New York and London top this list as well, followed by Paris, Tokyo, Hong Kong, Singapore, Sydney, Washington, D.C., Toronto, and Zurich. This list is similar to my own ranking of the world’s most economically powerful cities. The cities are also ranked on each category individually, and the table below (from the report) charts the leaders in each of the four categories.”

http://www.theatlanticcities.com/jobs-and-economy/2013/03/global-cities-super-rich/4951/

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Swiss lawyer uses $500,000 painting for bail in US tax fraud case

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“Tax lawyer Edgar Paltzer used French master Charles-Francois Daubigny’s 1862 work ‘La gardeuse de chevres’ (The goat herder) to pay part of his $2-million bail in New York, where he has been detained since April on tax fraud charges.  ‘To escape from the claws of American justice and see their families, some Swiss bankers remortgage their homes or seek help from relatives,’ Swiss newspaper Le Matin reported.  ‘Zurich lawyer Edgar Paltzer provided a 19th century canvas.’  The bail conditions allow the lawyer to leave the United States and return to Switzerland as long as he agrees not to fight any future extradition order.”

http://www.thelocal.ch/20130825/swiss-lawyer-uses-art-for-bail-in-fraud-case

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Sacre bleu! Poor weather ruins 2013 wine grape harvest in France

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“France is facing one of its poorest wine grape harvests in four decades due to a cold and rainy spring and severe hail storms. The 2013 harvest is expected to reach just 43.5 millions hectolitres — well below the 10-year average of 45.4 million.  That would make the 2013 harvest one of the worst in 40 years and only a slight improvement on last year’s record low harvest of 41.4 million.  Jerome Despey, head of FranceAgriMer’s viticulture section, said cool temperatures and excessive rains contributed to a particularly poor harvest, while some vineyard owners in famed wine regions like Bordeaux and Burgundy saw their harvests nearly wiped out by hail.”

http://www.rawstory.com/rs/2013/08/28/sacre-bleu-poor-weather-ruins-wine-grape-harvest-in-france/

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Paul Craig Roberts: Growing Up In America

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“The young have no memory of the past. They cannot know how exciting automobiles once were. The excitement created by the explosion of styles, colors, and performance in 1955 is gone from the world. It was a 15-year experience, with the muscle cars of the 1960s keeping the thrill alive.  Today if you have a quarter of a million dollars to spend on a car, you can purchase cars that can outperform these icons of the 1960s. But if you drive up in your Audi A-8, your AMG Mercedes, your Porsche turbo, your Ferrari Italia, the audience will flock to the E-Type and to the Miura. Style, when it was not dictated by Washington, was brilliant. There will never again be anything like it.”

http://www.paulcraigroberts.org/2013/08/19/growing-up-in-america-paul-craig-roberts/

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