finance: Town Manager Tops Needham Salaries List - 05/05/09 02:53 AM
Posted on May 5, 2009 by bostonkayakguy |  Town of Needham
With less than a 5% pay increase over the previous year, Neeham’s Town Manager heads up the Top 100 Official Salaries List for Needham, on Boston.com…
JOHN PRESCOTT
-BostonKayakGuy
 
Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net
JOHN PRESCOTT
Vice President
Century 21 Commonwealth
508-523-9252
 
 
 
 
BostonKayakGuy…The MetWest Scene
 
(0 comments)

finance: Harvard’s Money Managers - From Shock and Awe to Crash and Burn - 02/24/09 05:28 AM
Image via Wikipedia “When genius fails…it fails big.”  - Forbes Magazine
Just  a matter of weeks ago, 10 Harvard alums were calling for the $26.8 million in executive bonuses of Harvard Management Company to be given back to the College’s endowment, following the loss of more than $8 billion in the endowment fund since the previous fiscal year.
Long known for its prowess in investment circles, HMC had grown Harvard’s endowment to mythical proportions.
When the class of ‘69 began saying “Give it back!” public sentiment ranged from “Right on, ” to the money managers had a contract which Harvard must … (0 comments)

finance: MetWest Scene Bulletin: Homebuyers To Receive Tax Credit Up To $15,000 - 02/05/09 02:24 AM

The Senate voted to approve a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit.
Presently, only first-time home buyers receive a $7,500 tax credit, so this represents a significant change.
The cost of the proposed tax credit is an estimated $19 billion.
As the economic stimulus package continues to be hammered out, it is possible that the homebuyer tax credit may be changed or even eliminated.
But it does represent an attempt to accomplish two very important objectives:  to put money directly into the hands of the general public, … (0 comments)

finance: The Man In The Mirror..Anderson Cooper's Top Culprits of Collapse # 1..John Prescott's The MetWest Scene - 10/29/08 04:34 PM
I’m Looking At The Man in the Mirror..Anderson Cooper’s Top Culprits of Collapse..And He’s Naming Names..#1 Culprit..
Posted on October 30, 2008 by bostonkayakguy 

Naming Names:  Anderson Cooper’s Top Culprits of the Collapse unveiled the most important culprit according to this CNN report and that culprit is someone you have the utmost respect for:...yourself! That’s right…you, me, and joe the plumber… CNN and Anderson Cooper 360 have named “we the people” as one of the Top Culprits of the Collapse… Culprits of the Collapse - #1 You
“So who is to blame for this financial fiasco? That’s the question we’ve … (0 comments)

finance: Wellesley College...Why We Can't Party Like It's 1999!..John Prescott's The MetWest Scene - 10/21/08 07:02 AM
Wellesley College Event: Why We Can’t Party Like It’s 1999!
Posted on October 21, 2008 by bostonkayakguy 
Image via Wikipedia
“As more and more people feel the effects of the current financial crisis and credit crunch, many questions arise. How did this happen, and what comes next?
Eric Hilt, an economic historian, will talk about the historical parallels to the current crisis during the panel discussion “Donkeys, Elephants, Bulls and Bears!” Wednesday, Oct. 22, at 12:30 pm in Pendleton Atrium on the Wellesley campus. Economics faculty members Olga Shurchkov, Malhar Nabar, Joseph Joyce and Akila Weerapana will join him to … (0 comments)

finance: Wellesley College Explains Why We Can't Party Like It's 1999! John Prescott's The MetWest Scene - 10/20/08 05:31 AM
Wellesley College Event: Why We Can’t Party Like It’s 1999!
Posted on October 20, 2008 by bostonkayakguy 
Image via Wikipedia
“As more and more people feel the effects of the current financial crisis and credit crunch, many questions arise. How did this happen, and what comes next?
Eric Hilt, an economic historian, will talk about the historical parallels to the current crisis during the panel discussion “Donkeys, Elephants, Bulls and Bears!” Wednesday, Oct. 22, at 12:30 pm in Pendleton Atrium on the Wellesley campus. Economics faculty members Olga Shurchkov, Malhar Nabar, Joseph Joyce and Akila Weerapana will join him to … (0 comments)

finance: Joe Six Pack, Joe the Plumber…Meet Ed McGangsta...John Prescott's The MetWest Scene - 10/16/08 05:29 PM
Joe Six Pack, Joe the Plumber…Meet Ed McGangsta
Posted on October 17, 2008 by bostonkayakguy | Edit
As we continue to be introduced to the political candidates’ cast of characters, the symbol of the senior set impacted by the economy has taken to rapping for a credit reporting entity…
 
[vodpod id=Groupvideo.1673399&w=425&h=350&fv=%26rel%3D0%26border%3D0%26]
 

Next Up:  Mark Burnett’s New Show - “Economic Survivor”…
JOHN PRESCOTT
-BostonKayakGuy
 
 
Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net
JOHN PRESCOTT
Vice President
Century … (0 comments)

finance: Naming Names: Anderson Cooper’s Top Ten Culprits …Politicians On Board? - 10/13/08 06:05 PM
John Prescott's The MetWest Scene...Politicians On Board?
Posted on October 14, 2008 by bostonkayakguy 
AS the Top Ten Culprits of the Collapse continues to roll out, we wonder when the first politician will make an appearance on Anderson Cooper’s list.
AIG/Cassano, Lehman/Fuld, SEC/Cox…those in the government who played pivotal roles in the financial fiasco are many.
Who will make their appearance in the #7 slot?
Stay tuned…
JOHN PRESCOTT
-BostonKayakGuy
 
 
Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.  www.johnprescott.net
JOHN … (0 comments)

finance: Naming Names..Anderson Cooper’s Number 9 Culprit..John Prescott’s The Met West Scene - 10/10/08 06:32 AM
Exposing the Culprits:  #9 Richard Kuld, Lehman Bros. Naming Names..Anderson Cooper’s Number 9 Culprit..John Prescott’s The Met West Scene
Posted on October 10, 2008 by bostonkayakguy
Image via Wikipedia
Last night we announced that Anderson Cooper is Naming Names…Exposing the Culprits of the financial meltdown we find ourselves in.
CNN and Anderson Cooper are exposing the top 10 architects of the market malestrom, starting with number 10, Lehman Brothers Richard Fuld:
Anderson Cooper Naming Names:
9.  Richard Fuld
JOHN PRESCOTT
-BostonKayakGuy
 
 
Top Real Estate Agent for more than 14 years, serving the real estate needs of  Wellesley, South Natick, … (0 comments)

finance: Naming Names…Anderson Cooper Exposes Culprits of the Collapse...John Prescott's The MetWest Scene - 10/10/08 03:34 AM


Posted on October 10, 2008 by bostonkayakguy 

Who is to blame for this monumental financial meltdown that is sucking the lifebood out of the taxpayers?
While the politicians have said now is not the time to point fingers, many of us believe that now is EXACTLY the time to hold the culprits responsible.
With a few exceptions, the perpetrators have been referred to as predatory lenders, CEO’s, liberal lending policies (which is a thing not a person, but politicians are at the root of this category,) manipulative traders, and lying mortgage applicants.
While we will weather this … (0 comments)

finance: Bailout Barney Defends Role in Financial Implosion...John Prescott's The MetWest Scene - 10/07/08 05:40 AM
Posted on October 7, 2008 by bostonkayakguy 
Image via Wikipedia
“Responding to charges that he bears some responsibility for the crisis in the mortgage industry, Rep. Barney Frank, D-Newton, said that as a minority congressman for many years he did not have the power to implement regulations sooner.” -Barney Frank, 10/06 /08 WickedLocal.com
 
Barney, come on!
You’ve been a member of Congress since 1981!  And now you would have us believe that the congressman from Massachusetts is just a shy, retiring representative who was  not able to exert any power or influence until he became chairman of the Financial … (1 comments)

finance: Barney Frank: No Power??...John Prescott's The MetWest Scene - 10/07/08 05:08 AM
Barney Frank: Just Askin'?…John Prescott’s The MetWest Scene Posted on October 7, 2008 by bostonkayakguy 
Image via Wikipedia
“Responding to charges that he bears some responsibility for the crisis in the mortgage industry, Rep. Barney Frank, D-Newton, said that as a minority congressman for many years he did not have the power to implement regulations sooner.” -Barney Frank, 10/06 /08 WickedLocal.com
Barney, come on!
You’ve been a member of Congress since 1981!  And now you would have us believe that the congressman from Massachusetts is just a shy, retiring representative who was  not able to exert any power or influence until … (0 comments)

finance: Bailout: Bewitched, Bothered, and Bewildered…John Prescott’s The MetWest Scene - 10/07/08 12:38 AM
BostonKayakGuy…John Prescott’s The MetWest Scene
Posted on October 7, 2008 by bostonkayakguy 
Image by Getty Images via Daylife
“Those who cannot remember the past are condemned to repeat it.” - George Santayana, Boston Latin and Harvard alumnus
As we all try to slog our way through the roller coaster of credit crunches, fiscal flippery, and bailout bruises, I happened upon Peter Coy’s reminder of our need to understand what and how we got here, before we can adequately determine the best way to work our way out of it; a sentiment I wholeheartedly support and have repeatedly raised in … (1 comments)

finance: Into the Panic Zone or Blessedly Misleading?? John Prescott's The MetWest Scene - 10/06/08 09:49 AM

Posted on October 6, 2008 by bostonkayakguy 
House Financial Services Committee
via Wikipedia
Just the tip of today’s prognostications!…
But be assured that Barney Frank announced today that the bailout was aimed basically at Joe Sixpack - the auto salespeople, construction workers, people in small businesses - not the banks; he said they were going to do “just fine.”
The bailout was to take the burden off the “average citizen,” and not aimed at helping out the wealthy “Wall St.” types.
The House Financial Services Chairman did NOT offer “proof” of how the average citizen would benefit, nor did … (1 comments)

finance: Bailout Hits Sweetspot For Rum, Wooden Arrows, and Bicycles...John Prescott's The MetWest Scene - 10/03/08 02:29 AM
Posted on October 3, 2008 by bostonkayakguy 
 
In my last post, I posed the questions: “What exactly is the bailout, in fact bailing out?  And Whom is the bail out, bailing out?”
The Taxpayers for Common Sense site has listed some of the Tax Sweeteners that are included in this
2008 Emergency Stabilization Act, and while not all of them are “per se outrageous, collectively they are intended to get this bailout passed:”
Bailing Out: Red and yellow arrows Sent from BlueOrganizer Sec. 503. Exemption from excise tax for certain wooden arrows designed for use by children Sec. 317. … (3 comments)

finance: Irrational Exuberance and Dirty, Sexy, Money - 10/02/08 10:20 AM
Posted on October 2, 2008 by bostonkayakguy | Edit
Alan Greenspan via Wikipedia
The bailout..what is it exactly bailing out?  Or perhaps more importantly, WHO is it bailing out?
Well to get to these answers, which of course you won’t find coming out of any of the mainline media, you have to look back.  In fact, if you go back to 1999 the time was the Clinton administration and the place was a conference on mortgage markets for America’s Community Bankers.
Speaking at the conference was chairman of the Federal Reserve Alan Greenspan:
 
“The recent rise in the homeownership … (2 comments)

finance: Washington Smackdown: Is the Wolf Guarding the Coop?? - 10/02/08 10:16 AM
Posted on October 2, 2008 by bostonkayakguy 
Alan Greenspan via Wikipedia
The bailout..what is it exactly bailing out?  Or perhaps more importantly, WHO is it bailing out?
Well to get to these answers, which of course you won’t find coming out of any of the mainline media, you have to look back.  In fact, if you go back to 1999 the time was the Clinton administration and the place was a conference on mortgage markets for America’s Community Bankers.
Speaking at the conference was chairman of the Federal Reserve Alan Greenspan:
 
“The recent rise in the homeownership rate to … (0 comments)

finance: BAILOUT HAS FAILED... - 09/29/08 06:13 AM
Members of Congress have balked at "legacy vote."
 
Bailout has now failed and is off the table.
 
Not enough time has been available to build the political case for the bailout bill.
 
Bill contained no real caps on CEO parachutes.
 
At one point there was a 700 point drop in the stock market.
 
Small companies are likely to be among the first to feel the impact of the rejection of the bailout bill.
 
Where do we go from here?
 
Barney Frank is reportedly saying renegotiations will not continue until there's a chance to review … (2 comments)

finance: Freddie Mac Gets A Subpoena and Barney Frank Gets A Reality Check - 09/29/08 03:32 AM
Posted on September 29, 2008 by bostonkayakguy  bostonkayakguy.wordpress.com — As the financial markets continue to shake, rattle, and roll, Freddie Mac woke up to a subpoena and Barney Frank sipped his morning coffee while reading an op-ed reality check from the Boston Globe...

Image via Wikipedia
Grand jury subpoenas Freddie Mac While the financial chaos on Wall St. continues to shake, rattle, and roll, the Freddie Mac fallout has included the recent resignations of 7 board members as well as the ousting of the chief financial officer.
And while there’s been plenty of fingerpointing, Boston Globe columnist Jeff Jacoby contends … (3 comments)

 
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South Natick, MA

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