Word: manhattanization
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Dates: during 2000-2009
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...Kevin Czinger breaks free of midtown Manhattan's heart-attack traffic and floors what would be the gas pedal in a more conventional car, the only sound is the hiss of the rain outside and something like an accelerating yawn from the electric motor. Czinger is showing off his company's battery-powered car, the Coda Automotive sedan, which emerged in public this June. As one more car to save the planet, the Coda is nice enough. It gets around 100 miles per charge, handles well and - unlike many of its competitors - actually exists in drivable form and not just...
...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...
...Today’s era of de-leveraging calls out for a baseball figure to serve as its diamond representative. Big Papi may not be the perfect choice. Perhaps A-Rod, with his particular blend of hubris and insecurity, his enormous paycheck, and Manhattan address more closely mirrors the era’s Wall-Street-fueled excesses...
...this does not mean raising a piglet for the bacon or growing your own wheat to grind into flour," Ruhlman wrote on his blog. "Yes, extra credit for either, but I want this to be a challenge that everyone can accept, whether you live in a Manhattan walk-up or rural North Carolina, Alaska or suburban splendor. From scratch means: You grow your tomato, you grow your lettuce, you cure your own bacon or pancetta, you bake your own bread (wild yeast is preferred and gets higher marks but is not required), you make your own mayo." (See pictures: "What...
...fall 2007, I found myself on the 19th floor of the Manhattan skyscraper known as the Lipstick Building, listening to Bernie Madoff explain to me how he made money. This was in preparation for a discussion called the Future of the Stock Market that I was moderating; Madoff was a participant. (It's a big hit on YouTube - just Google "Madoff video.") Sadly, he didn't happen to mention the now infamous Ponzi scheme he was running two floors below us. At issue was his legit business, a brokerage that had long been one of the biggest marketmakers (the firms...