Results tagged “newyorkstockexchange”

Pink Panther Goes From Burger King to Wall Street

In his publicity blitz to promote The Pink Panther 2, the Pink Panther has been spotted around town. And he definitely ran the gamut of photo ops: Early in the day, he helped out at a Burger King (there's a Pink Panther tie-in planned)...and then he rang the closing bell at the New York Stock Exchange!

Yesterday morning, the New York Stock Exchange's opening bell was rung by Grandma the Clown from the Big Apple Circus. The Post has details on what happened next: Master of Ceremonies Carrie "Harvey and Grandma wandered the floor trying to spread joy and merriment, placing funny red noses on exchange officials to touch the funny bones of even the most shaken traders."

The Big Apple Circus is an institution. So is the New York Stock Exchange. But given these times, was it appropriate for Grandma the Clown to ring the opening bell? (Video here.) Dealbreaker says yes, "Granted, it probably would've been more fitting for a manufacturer of ball gags and executioner's masks to ring the bell, but this works, too." In other news, the Wall Street Journal reports, "Citigroup is handing out pink slips to at least 10,000 employees" in another round of layoffs--plus raise interest rates on credit cards. T.G.I.F.!

AP photographer Mark Lennihan took this photograph of 13-year-old Jeremy Conroy selling apples in front of the New York Stock Exchange today. Apparently Conroy was "reenacting a scene of boys selling apples during the Great Depression." Like this one.

Even though spokesmodels for Estee Lauder, including Elizabeth Hurley, prettied up the New York Stock Exchange by ringing today's opening bell, the mood has been dark as "frightened money is jumping all over the place." Federal Reserve Chairman Ben Bernanke tried to soothe the market, by saying the Fed might extend emergency lending to investment firms. He told a FDIC forum, "Allowing Bear Stearns to fail so abruptly at a time when the financial markets were already under considerable stress would likely have had extremely adverse implications for the financial system and for the broader economy."

There's a thought-provoking essay in the Observer suggesting it's time to take down the huge American flag in the heart of the terminal. The flag was placed in Grand Central soon after September 11, 2001, and MTA Metro-North spokeswoman says the flag's "nearly four stories tall" size is "basically unprecedented." (There is also a smaller, standard sized flag in the hall.)

5 to 9pm // Museum of the City of New York [1220 5th Ave at 103rd St] // Free

  • Today on the Gothamist Newsmap: An escaped prisoner from Elmhurst Hospital, an unusual crime on 42nd Street between 8th and 9th Avenues in Manhattan, and a water rescue at Coney Island
  • Is John Liu a born-again preservationist?
  • Tiffany & Company and company opened its first store on Lower Broadway in 1837 before moving uptown to its present location. 170 years later, the company is reversing direction and will open a Tiffany & Co. store near the New York Stock Exchange.
  • A UK Holiday Rental site is offering a Brooklyn apartment as a summer getaway for vacationing Brits. The description shows that some Brits will be prepared for a true NYC experience: "Summary of the apartment, 1 bedroom, sleeps 10".
  • The burglar who broke into Brooklyn Deputy Borough President Yvonne Graham's home and stole her jewelry before being easily apprehended because left his resumé behind, penned an apology note to his victim and begged for mercy, saying that he'd returned everything he'd stolen. Cops taking his confession weren't so sure, as he was wearing a pair of her earrings while writing his note.
  • The NY Times is working on a big investigative piece about Rupert Murdoch and his businesses - we hope they figure out why "So You Think You Can Dance?" is on the air.
  • Peter Braunstein is worried he'll be a target in prison, but would rather his attackers just kill him, instead of fighting or mutilating him.
  • A property owner tried to bribe a Department of Buildings inspector to turn a blind eye on unsafe work
The Business End, by Brit in Brooklyn

Yesterday, the police arrested 44 protesters who laid down in front of the New York Stock Exchange, and our videographer Kelly Loudenberg was on the scene. Over 100 people had gathered to block entrances - and draw attention to the companies that are making millions and billions off the war - but no trade was disturbed.

Yesterday, the Dow Jones industrial average fell 416 points (a significant 3.3% drop) after a plunge in Shanghai's stock market. Well, now the Asian stock markets have fallen again, because investors are worried about the American economy! The NY Times reports that share prices rebounded in China, rising "nearly 4 percent today after state-controlled media reported that the government might allow greater foreign investment in Chinese stocks and would not impose capital gains taxes on stocks soon." Way to go, state-controlled media! But in places without state controlled media, like Tokyo, Hong Kong, and Europe, the markets seem to be down by another 2%. You can check Wall Street and world stock markets at CNBC.

A better Wall Street story than those crazy big bonuses brokers are getting: The grandson of late Giants owners Wellington Mara got into a fight with another broker on the floor of the New York Stock Exchange. What caused the fight? The other broker's joking words about how crappy the Giants are!

Occasionally, Gothamist gets great email from our readers. And there are all the rest-- which mainly fall into the "self-promotion" or "disturbing" categories. Here's one:

Over 200 years ago people gathered under a tree near one end of Wall Street and traded securities. From those quaint beginnings, the New York Stock Exchange rose to become the most prominent exchange in the world and now you can own a piece of it. For years that privilege was only available if you had some serious coin and one of the 1,366 seat holders was willing to sell. Now, for about $72 plus fees, you can buy a share of the stock exchange, which trades under the symbol of NYX (NYSE would have been much cooler, but only stocks on the NASDAQ can use four-letter symbols... and we're not going to say that "NYX" looks like it sounds like "Knicks" and what that would mean ) - the stock has risen 13% since this morning.

Even successful businessman are stupid! Edward Reiss, member of the New York Stock Exchange, was "busted" for leaving a message threatening to kill another NYSE member. And in the brilliant move, Reiss left the message on his "victim"'s lawyer's voice mail. The Daily News reports that he allegedly left a message saying, "[William Higgins] better be careful when he starts his car" (Reiss and Higgins were fighting over the NYSE's merger with an electronic trading system) and the police traced the call to Reiss. Hmm, maybe *69 doesn't work as well as rumored! While Reiss did turn himself in to the police, it really sounds like Reiss had one too many whiskeys and was watching Scarface or Goodfellas one too many times.

Kudos to New York magazine for turning former Police Commissioner Bernard Kerik, currently laughingstock after being a September 11 "hero," into a crying, blubbering mess in their exclusive interview as he recounts the unraveling of his nomination as the head of Homeland Security. Gothamist was struck by how weepy Kerik was, like he was watching Brian's Song...Oprah producers are probably all over him to appear again, this big tough cop reduced to tear. The NY Times seemed surprised by the tear duct action as well, asking Rudy Giuliani's spokeperson if there really was communal crying.

Gothamist is giddy over finding the New York Architecture Game, because with all this talk of rich dudes trying to make their mark on the city gives us serious urban development envy.

Conceived by the world-renowned game designer Thomas Fackler, The New York Architecture Game challenges players as it explores the architectural feats that went into constructing 24 New York City landmarks, including the Empire State Building, the Guggenheim Museum, the New York Stock Exchange, and the Brooklyn Bridge. Both children and adults will find much to learn as they race to complete their projects first. Vastly entertaining, this game will give every architecture fan, including New Yorkers and others who think they know the city's beautiful buildings well, a new reason to fall in love with the world's most exciting city.
We hope there's a 2000's edition of the game that delves into the gentrification of Harlem, Park Slope, Meatpacking District, and the Lower East Side, plus the development of Ground Zero and the West Side area, complete with drinking games, but for the meantime, this will do.

company, and guess what? We don't have Martin Luther King, Jr. Day off! I'm kind of ticked at this, not just because I want a 3 day weekend, but I don't like how it's treated as a 2nd-tier holiday. Do most people have to work on Monday? How are you commemorating the holiday?

Besides taking a $139 million payout and suing the New York Stock Exchange for $50 million, former NYSE chairman Dick Grasso is also good at looking like iconic TV characters. In this instance, Gothamist was struck by the eerie resemblance between Grasso and everyone's favorite insane millionaire boss, Monty Burns. Previously, Gothamist noticed his similarity to the Brain of Pinky and the Brain.

Amtrak, after taking the blame for the crash that injured over a hundred people at Penn Station, says that it was engineer error that caused an Amtrak train to rear-end a LIRR train. Some speculate that the engineer, who has been placed on upaid leave, was distracted and applied the brakes too late when coasting into one of the station's platforms. Gothamist has always wondered about gauging when to apply the brakes to trains, namely because subway trains go at different speeds and some engingeers are able to stop the trains smoothly while others not so much.

These photographs of Mayor Bloomberg are from a week and a half ago, but they are timeless in Gothamist's book. There's the logo's funny triangle above his head (like a weird hat) while he closes the New York Stock Exchange. And then he's with young carolers, making us hum "Which one of these things is not like the other? Which one of these things is not the same?" Of all the initiatives Mayor Bloomberg is probably considering for the New Year, we hope that photo ops like these remain a priority.

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