Word: yorke
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...that you have avoided joining the stampede of writers to New York? Did you ever consider that? Yes, but I really just like being home. I'm a huge homebody and I just love it here. New York is great to visit, but I just would never dream of moving anywhere. Anywhere. If it weren't for book tours, I would never leave my house...
...local governments to pay back their debts. Among the places Moody's finds to be most troubled are cities in Florida and California, because of the real estate bust, Indiana, Michigan and Ohio, which are being hurt by the drop in manufacturing, and Connecticut, New Jersey and New York, due to the financial crisis...
...Last week, New York City said that it would have to cut thousands of municipal workers to keep the city from going bust. "We cannot continue," NYC mayor Michael Bloomberg told reporters. "Our pension costs and health care costs for our employees are going to bankrupt this city," he said...
...Because of these issues, muni bonds don't seem particularly cheap even though munis now yield more than Treasuries. Indeed, Gary Strumeyer, head of capital markets at Bank of New York Mellon, says munis are no longer in the same rock-solid category as Treasuries, so it's not even a fair comparison. "Every investor needs to understand the many risks associated with purchasing muni bonds these days," he says...
Next month, Nitschke will stage more suicide seminars in the U.K., and his first webinar on suicide for people who can't travel to Britain. He plans on taking his road show to Los Angeles and New York City in November...