PPCC: Pisitófilos Creditófagos. Invierno 2024

[saturno]

January 26, 2024
International Court Says Israel Has Likely Committed Genocide - Updated

Updated below (15:20 UTC):

V/EN https://www.moonofalabama.org/2024/01/international-court-says-israel-is-likely-committing-genocide.html#more
V/FR https://lesakerfrancophone.fr/la-cour-internationale-declare-quisrael-a-probablement-commis-un-genocide


1- Tras Informe verbal -
X-Tweet - https://twitter.com/RealPepeEscobar/status/1750865631958671835

The ICJ accepts the South African demand for urgent provisional measures to be taken for the protection of Palestinians in Gaza against Israel and RECOMMENDS (caps mine) the following:

Israel must take all measures to prevent genocidal actions; Israel must ensure that its military forces do not commit genocidal actions; Israel must punish incitement to genocide; Israel must provide access to essential aid; Israel must preserve evidence of its actions; Israel must provide a report of its actions.

The ICJ decision is BINDING.  

2- Video del informe verbal (Al Jazeera)


3- Extracto de la redaccion de la orden 

V/googlES ( artículo v/fr de MOA)

PD: Grabación en vivo de AlJazeerah de la decisión provisional de la CIJ en el caso de genocidio contra Israel (Video )

PD2: Vía comentarios: La orden escrita de la CIJ (pdf), 26 de enero de 2024

Update (15:20 UTC):

Ahora he escuchado la decisión oral de la CIJ y leído la CONCLUSIÓN Y MEDIDAS A TOMAR de la Corte (75ff) y su orden escrita (ambas vinculadas arriba). Las verdaderas órdenes vinculantes que ahora constituyen el derecho internacional se encuentran en los artículos 86 y siguientes de la orden.

La Corte ORDENÓ casi por unanimidad al Estado de Israel a:

1     tomar todas las medidas a su alcance para impedir la comisión de cualesquiera actos comprendidos en el ámbito de aplicación del artículo II del presente Convenio, en particular
2-     garantizar con efecto inmediato que sus soldados no cometen ninguno de los actos descritos en el punto 1 anterior
3-    tomar todas las medidas a su alcance para prevenir y castigar la incitación directa y pública a cometer genocidio contra miembros del grupo palestino en la Franja de Gaza
4-     tomar medidas inmediatas y efectivas para permitir la prestación urgente de servicios básicos y asistencia humanitaria necesarios para abordar las condiciones de vida adversas que enfrentan los palestinos en la Franja de Gaza
5-     tomar medidas efectivas para prevenir la destrucción y garantizar la preservación de pruebas relacionadas con acusaciones de actos comprendidos en el ámbito de los artículos II y III de la Convención para la Prevención y la Sanción del Delito de Genocidio contra Miembros del Grupo Palestino en la Franja de Gaza
6-     presentar un informe al Tribunal sobre todas las medidas adoptadas para dar efecto a esta orden dentro del mes siguiente a la fecha de esta orden.

Esta es una gran victoria para Sudáfrica, Gaza y toda la humanidad.

Todas las órdenes tienen 15 a 2 o 16 a 1 jueces que las apoyan o se oponen.

Los argumentos de las opiniones divergentes se publicarán más adelante.

Esta orden marca el fin de la impunidad de Israel. También es el fin de la impunidad para los partidarios de Israel. Los Estados Unidos, el Reino Unido, Alemania y otros ahora pueden ser acusados ​​y castigados por complicidad en genocidio (Artículo III de la Convención sobre el Genocidio) si no se abstienen inmediatamente de proporcionar a Israel los medios (armas, municiones, dinero) para cometer más genocidio. .

[saturno]

Parece como si los Hutis tienen razón, ejem-

Ya tienen el cisne negro- Ahora la marea o tsunami de psitacismo-
Lo del ladrillismo ideologico era la antesala del psitacismo ideologico que viene-

(Organícémonos, hay que preservar este foro pq va a entrar en conflicto con el psitacismo oficial)

[saturno]

Acabo de ver que la  RAE lo asimila al "memorismo" - es solo sinónimo, (https://dle.rae.es/psitacismo)

Mejor esta entrada
https://es.wiktionary.org/wiki/psitacismo

Español psitacismo

seseante (AFI)    [si.t̪aˈsis.mo]
no seseante (AFI)    [si.t̪aˈθis.mo]
silabación    psi-ta-cis-mo
acentuación    llana
longitud silábica    tetrasílaba
rima    is.mo

Etimología

Del griego antiguo psittakós ("papagayo") y el sufijo -ismo1
Sustantivo masculino
Singular    Plural
psitacismo    psitacismos

1
    Hablar como los loros, sin saber.23

        Relacionado: glosolalia

2
    Trastorno del lenguaje hablado consistente en la repetición mecánica de frases o de ideas que el individuo no ha comprendido ni elaborado.4

        Sinónimo: memorismo

Maria Moliner también
https://diclib.com/es/Diccionario%20espa%C3%B1ol/psitacismo

Qué (quién) es psitacismo - definición

---
psitacismo     
sust. masc.
1) Método de enseñanza basado exclusivamente en el ejercicio de la memoria.
2) Trastorno del habla en que el enfermo se siente incapaz de comprender la significación de las palabras que pronuncia.

---
psitacismo     

psitacismo (del gr. "psittakós", papagayo) m. Método de *enseñanza en que las lecciones se repiten de memoria, sin penetrar debidamente en el sentido. Memorismo.

Ladrillismo y psitacismo, lo uno y lo mismo

¡diviértanse!  tiene sentido

[Derby]

https://www.ft.com/content/599ab559-b09d-4435-8e9f-152a799c54b7

French mayors take on Airbnb amid a housing squeeze

MPs to vote on law that would empower local authorities to set quotas on short-term rentals

France is seeking to clamp down on Airbnb and other holiday rental companies, spurred on by mayors in tourist destinations such as the Alps and the Basque country who are concerned that the platforms are worsening housing shortages and disfiguring historic centres.

The French national assembly is set to vote on Monday on a draft law that would give local authorities broad powers to set quotas on short-term rentals or impose compensation mechanisms, such as requiring landlords to add a unit of long-term housing for each unit let out on Airbnb. A tax advantage is also on the chopping block.

Iñaki Echaniz, a Socialist lawmaker from the Pyrénées in south-west France who co-wrote the legislation, said the proposals would empower local officials to regulate the market and repel a wave of lawsuits that have been filed by property owners and unions who oppose such restrictions.

“Young people in my district and nearby along the coast around Biarritz simply cannot afford to live here anymore and that’s not right,” Echaniz said. “Even in popular tourism areas, housing should not be a speculative asset dominated by private interests.” 

Courts meanwhile have suspended new quotas from taking effect in Annecy in the Alps, Saint-Malo in Brittany and La Rochelle on the south-west coast while legal challenges are being reviewed.

The French proposals come as cities, such as New York, Berlin and Barcelona, tighten their regulations on Airbnb and other platforms, putting pressure on the companies’ business models. The mayors’ concerns echo local officials from tourist areas elsewhere about the ripple effect of short-term rentals on residents and beauty spots.

The proposed law may also go as far as scrapping a tax advantage that allows owners of short-term holiday rentals to reduce their taxable amount by a generous 71 per cent, compared with only 30 per cent for a traditional lease.

If the law is passed, it would be a blow to holiday rental platforms, especially Airbnb, since France is its second-biggest market in terms of listings after the US, according to analysts.

But even the law’s advocates admit there is a risk that it will be watered down or again delayed amid intense lobbying from landlords’ groups and the platforms. 

Airbnb has particular influence ahead of the summer Olympics to be hosted by Paris in July because many residents want to rent out their homes to the 15mn visitors expected to attend. The US short-term rental group is a top-level sponsor of the games.

UNPLV, a trade association whose members include Airbnb and Abritel as well as service providers for holiday lets, opposes several measures in the draft law, such as the quotas, arguing that they would amount to illegal limitations on the property rights of homeowners. “We don’t accept the charge that short-term holiday rentals are aggravating the housing crisis, and these proposals are populist, oversimplistic answers to a very difficult problem,” said UNPLV president Dominique Debuire.

Restrictions already exist in Paris, one of the world’s most popular tourist destinations and Airbnb’s single biggest city, including a cap of 120 nights a year for primary residences and a requirement to register flats before putting them on short-term rental websites. 

The city employs a squad of 30 inspectors who scout for illegal rentals by knocking on doors, checking mailboxes and identifying key boxes where hosts stash keys for guests. It filed several hundred lawsuits last year against owners, but city officials say they need new powers to intensify controls and cut down on the estimated 25,000 illegal rentals focused in the city centre, including popular areas such as the Marais and Montmartre.

The new law would allow smaller cities and towns to follow the example of Paris by scrapping a rule that meant that restrictions could only be imposed in places with more than 200,000 residents.

“France is already home to the most sophisticated short-term rental rules in Europe,” said Emmanuel Marill, Airbnb’s head of Europe, Middle East and Africa. “The additional national rules that are being discussed will chiefly hurt casual hosts — particularly primary homeowners — and parts of France where short-term rentals are wanted and needed by the local tourism ecosystem.” 

The proliferation of short-term holiday rentals has helped transform tourism in cities and towns across France in the past decade. The online platforms have added capacity and lodging options beyond hotels and have brought people to lesser-known villages and rural areas. However, they have also removed some housing stock from the long-term rental market and hollowed out neighbourhoods. 

In Annecy, a medieval town on a lake surrounded by mountains, there are four times as many short-term rentals in the old town today compared with five years ago, said mayor François Astorg. A housing shortage has worsened and rental prices pushed up for full-time residents, he argued, and the city has not been able to move ahead with planned quotas because of court cases.

“Butchers and bakeries are being replaced by Airbnb concierge services,” he said. “I’ve received a complaint from a person who is the only full-time resident left in a 12-apartment building — the rest are all holiday rentals.” 

Astorg added that the city is not against Airbnb and supports the development of tourism for the local economy: “But we do not want the historic centre of Annecy to turn into Disneyland. Things are out of hand.”

In the south-west city of Bayonne on the Atlantic coast, mayor Jean René Etchegaray has had some success in curbing the platforms. Bayonne defeated court challenges to move ahead last year with a requirement for owners to compensate for each short-term holiday rental with a corresponding long-term one. “We did impact and historical studies to prove that there was a public interest in changing the law to address the housing shortage,” Etchegaray said.

About 4,200 three-year licences for short-term holiday rentals had earlier been issued in the Basque country but, since the new regulation took effect in March 2023, only two new permits have been issued. “We’ve stopped the haemorrhage,” he said.

[Cadavre Exquis]

Bank of America Sends Warning Letters To Employees Not Going Into Offices
Posted by msmash on Saturday January 27, 2024 @05:02AM from the education-time dept.

Bank of America is cracking down on employees who aren't following its return-to-office mandate, sending "letters of education" warnings of disciplinary action to employees who have been staying home. The Guardian:

Some employees at the bank received letters that said they had failed to meet the company's "workplace excellence guidelines" despite "requests and reminders to do so," according to the Financial Times. The letter warned employees that failure to follow return-to-office expectations could lead to "further disciplinary action."

Saludos.

[Cadavre Exquis]

Why Warner Bros., Facebook, Equinox want to be your office landlord
Lois Weiss | Jan. 19, 2024

The world is an oyster for office sublease renters with some 20 million square feet on the market and landlords who are eager to make deals. NY Post photo composite

New York’s commercial market is being crushed under the weight of 20 million square feet of available office subleases. Until that space is absorbed by new tenants, the market can’t move forward, according to Ruth Colp-Haber of Wharton Property Advisors, who specializes in these deals.

“It’s a predictor of the market,” she said, noting that sublease rents are generally 25% lower than the cost of leasing directly from the building owner. “They will undercut the direct leases and it’s very difficult for the owners. Many can’t and won’t compete with the subleases.”

And as expected, tenants are wasting no time to capitalize on their leverage.

“We are seeing well-located, nicely built-out subleases move quickly, especially in Soho,” said Adam Henick of Current Real Estate Advisors.

Manhattan subleases cost 25% less than a direct deal. Getty Images/iStockphoto

Subleases can be offered by both large and small companies that are either moving elsewhere sooner than they thought or simply needing to shrink their footprint. Those in advertising bulk up their headcounts when they win a major client, but also shrink their footage when they lose them.

The pandemic has also affected occupancy as some companies found they were able to maintain their businesses while working from home and now don’t need all their original square feet.

As business needs change, companies may also pick up options on contiguous floors to ensure they control the space for their future growth, but then sublease out those spaces while waiting to catch up.

“If you have 5,000 square feet for three years you can lease it, but if you have 50,000 square feet for a couple of years, that is a problem,” said Peter Turchin of CBRE.

One of the most challenged parts of the city is Hudson Yards, where a whopping 2 million square feet of subleases are available. Companies like Warner Bros., Facebook, Equinox, Guardian Life and Pfizer at the Spiral at 66 Hudson Blvd. all have subleases on the market for both raw and furnished offices.

“They are all high-quality spaces with high-quality sub-landlords providing a full-work letter and a full free-rent package and a discounted rent,” said Gabe Marans of Savills about those spots.

An 89,000-square-foot sublease on the top three floors of 55 Hudson Yards has hit the market asking $165 per foot. ©2022 Francis Dzikowski/OTTO

But even in this challenged market, quality doesn’t always come cheap. In October, Dan Loeb’s Third Point, put 89,000 square feet on the top three floors of 55 Hudson Yards up for sublease through July 2029 at an asking rent of $165 per foot.

“We know of several tenants looking closely at the subleases at Hudson Yards,” said Jeffrey Peck of Savills. “Cash is king and having good credit is everything. If you have a creditworthy tenant, the landlord is rolling out the red carpet.”

Meanwhile, Google is also offering pricey sublease space in Hudson Square since its new home opened at 550 Washington St.

But other subleases are cheaper. In a recent deal near Madison Square Park, Instacart has subleased 21,000 square feet at 50 W. 23rd St. from an event platform, Bizzabo, which will remain in 10,000 square feet. There are only a few years left on the lease, but it gives both companies time to figure out their path forward.  Market rents in Chelsea are now in the $80s per foot.

Another  bargain is from Paperless Post at 115 Broadway — aka 2 Trinity Centre — where 20,907 square feet is available for sublease for $35 per foot, according to Colp-Haber.

 Material Plus at 432 Park Ave. South is offering 9,800 square feet at an even cheaper rent in the mid-$30s per foot.

As good as subleases can be for certain companies, there are downsides, and many tenants will avoid subleases that have just a few years remaining.

Nevertheless, Michael Cohen of Williams Equities observed that even subleases with terms less than three years can provide opportunities for tenants as they become “fair game for a three-way deal.”

In this manner, Cohen said, the building owner avoids a vacancy, and the original tenant is off the hook while the subtenant enjoys a new direct lease that is in part subsidized by the existing tenant.

Ad giant Publicis Groupe has a 400,000-square-foot sublease at 1675 Broadway (right). It’s the best deal in the city, says CBRE’s John Maher. Rudin

This past summer, a 400,000-square-foot sublease from Publicis Groupe at 1675 Broadway — an 800,000-square-foot Rudin building — was taken off the market for a few months, as the advertising giant was weighing its options.

“It’s the nicest, lowest-cost sublease option in Manhattan with a great landlord and sub-landlord,” said CBRE’s John Maher, who leads the rental team.

 Several other tenants in the building are attorneys, including the law firm Davis+Gilbert, which added a floor in November to expand to 98,124 square feet. A big sublease from Publicis covers 132,000 square feet in the tower with a spectacular three-story atrium; around 90,000 square feet in the mid-rise and 188,000 square feet in the base. The term ends in May of 2031.

“Everybody has to compete with very nice spaces for sublease,” said  Marans of the landlord’s plight.

Saludos.

[Cadavre Exquis]

What Office Space Costs Landlords and Tenants Now
Add in incentives and concessions, and it’s clear tenants in major markets are getting a deal on space
David M. Levitt | 2024.01.16

Chicago is one of the major markets where effective rents have declined since the pandemic. Photo: Beata Zawrzel/Nurphoto via Getty Images

For all the emphasis on remote or hybrid work, there remain employers intent on having workplaces in office buildings like the good old days pre-pandemic. And the numbers suggest that these landlords are willing to pay more to make that happen.

Effective rent — what the tenant pays after incentives like free rent and concessions such as the landlord assuming the cost of fitting out the space — has declined 10 percent nationally since the first quarter of 2020. In the third quarter of 2023, it was $22.42 a square foot, compared with $24.84 back in 2020, according to CBRE (CBRE) Econometric Advisors.

Among 12 markets for which CBRE provided statistics, the highest effective rent was in Manhattan, with an average of $38.90 a square foot, a dip of 20 percent compared with the first three months of 2020. The lowest was in Houston, at $11.33, an 18 percent decline. Los Angeles was at $25.90, an 11 percent decline. San Francisco was at $35.74, a 31 percent drop; Boston at $28.71, down 4 percent; and Miami at $37.07, up 21 percent from early 2020. (Miami has been an unusually hot office market of late.)

Chicago was at $13.21, a 19 percent decline; Dallas at $12.61, a 11 percent decline; Fort Worth at $11.78, a 10 percent decline; San Antonio at $14.52, a 9 percent decline; and Austin at $25.81, a 5 percent decline. Atlanta was $17.01, a 10 percent decline.

The figures included each market’s suburbs and not just its central business district.

New York brokers emphasize the increasingly bifurcated market, one for state-of-the-art Class A product, which is seeing unprecedented demand, and another for the more commoditized B and C office space, where demand is soft and declining. It’s the phenomenon commonly called “flight to quality.”

The pandemic “was a huge blow to the office market,” said Ruth Colp-Haber, president and CEO of Wharton Property Advisors, a boutique brokerage that specializes in tenant representation and subleases. Fast-forwarding to today, she said “There is a flight to quality. It is a tale of two cities.”

“That hybrid element is enabling companies to reduce their footprints,” Colp-Haber said. “The idea is to find space that’s attractive, that’s fun for employees to go into, so that’s going to be in the better buildings, often with amenities. So some companies will be spending more on a per-square-foot basis but they’re getting less space.”

You “always” see a flight to quality during a downturn, said Whitley Collins, CBRE’s global president for advisory and transactional services. “Most companies feel because of the pandemic and the way we work they can take 20 or 30 percent less space,” he said. “So they move into a nicer building. So, if you cut your space by 20 percent, you can increase your costs by 20 percent. You can pay more per square foot in rent, take extra [tenant incentives]. There are a lot of companies thinking about that.”

In a December report, CBRE found that “lower tier buildings” — those in the B and C classes that have lower ceilings, a more limited array of amenities, and were built with the lower and middle markets in mind — had a slippage of 3.9 percent in effective rent in 2023, compared with a 1.2 percent loss for “upper tier” buildings. The year before, in 2022, lower tier buildings’ effective rent declined 2.4 percent, compared with a rise of 2.4 percent for upper tier buildings.

Stefan Weiss, a senior economist with CBRE Econometric Advisors, said that effective rents tend to be lower than base rents because effective rents include the impacts of whatever landlords pay to cover concessions and amenities, plus periods of free rent meant as an inducement for tenants to sign long-term leases. They also account for savings that tenants receive when rent increases are deferred until later in the lease.

“In a challenging market, landlords typically keep their base, or asking, rent firm as long as they can in exchange for more concessions to tenants,” CBRE researchers wrote in the December report.

Landlords are currently eager to give concessions to tenants, brokers say. They’re also eager to show banks the asking rents to become eligible for bigger loans.

Last year nationwide, concessions in the top tier hit $98.05 a square foot, and $85.99 for the lower tier, according to CBRE. Both are recent highs. A CBRE spokeswoman said in an email that “it’s widely known” that tenant improvement costs — which are typically shared between landlord and tenant, but that have been trending toward burdening landlords more — are at a record high, considering the rising costs of materials and inflation.

And, in a Jan. 8 report from Moody’s Analytics, effective rents nationwide were down the last two quarters — the most recent, the fourth quarter of 2023, by 0.3 percent — after eight consecutive quarters of rising effective rents. The research firm blamed “considerably high vacancies.”

What seems to be happening is that landlords, spooked by rising vacancy rates and what had been rising interest rates, were building in lounges, meeting spaces, outdoor terraces and food and beverage clusters as quickly as they could to keep tenants interested. Some lower tier office buildings are either in the wrong location or are not designed to easily convert to housing. Therefore they must do all they can to make offices work, brokers say.

“The number of offices that are primed for conversion is a very small segment of the market,” said Jessica Morin, director of U.S. office research at CBRE.

“There’s definitely more leverage in the tenant’s hands in terms of rent and concessions than there was during the pandemic,” she said. “We’re seeing some of the strongest tenant improvement allowances and free rent than we have previously seen, in both growth and commodity product.”

As for how prospective tenants should proceed, it depends.

“You should never try to time the market,” Weiss, the CBRE senior economist, said. “Every user should make a decision based on what you need, both now and in the immediate or intermediate future. We do expect and are forecasting that the problems of the office market will [last] until the end of 2024, which in theory could lead you to say ‘Well, maybe I should wait.’ But in New York it could take up to if not more than a year between signing of an LOI [letter of intent] and finalizing a lease.”

Jacob Rowden, national research manager at brokerage JLL (JLL), said the trend toward greater concession packages mostly borne by the landlord is one that predates the pandemic anyway.

“For the past five years, we have seen this run-up for concessions packages, which are predominantly in the form of tenant improvements,” he said. “We’ve seen that grow quite a bit. It was really a way for landlords to elevate the exit cash flow on their real estate, so they were able to escalate the base rents by paying higher concessions. So, when they were selling the asset two years, three years, five years later, they had that elevated cash flow underwritten, but they had already made those capital improvements.”

Rising interest rates changed the picture, making landlords less inclined to fund concessions and amenities, Rowden said.

“Once that started to change, and interest rates were growing, there was a sense that [tenant improvements] would be under more pressure,” he said. “And we have seen that marginally decline over the past year and a half. But tenants have gotten so accustomed to these large buildout allowances, especially over the past three years during the pandemic. And now we’re in a very tenant-favorable environment.”

Saludos.

[Derby]

https://www.nytimes.com/2024/01/27/business/dick-bove-retirement.html
https://dnyuz.com/2024/01/27/a-famed-analysts-final-forecast-is-the-fall-of-the-u-s-economy/

A Famed Analyst’s Final Forecast Is the Fall of the U.S. Economy

Dick Bove, the ubiquitous banking expert, is going out swinging after more than half a century in the business.

Over his 54 years as a financial analyst, Richard X. Bove perfected the art of grabbing attention.

Through thousands of newspaper interviews, cable news appearances and radio segments, Mr. Bove turned what can be a dull, by-the-numbers career into a more showy one. Weighing in on the economy and the inner workings of Wall Street, he often bucked conventional wisdom and made enemies along the way. By his own recollection, he never turned down a media request; American Banker once called him “the country’s most quotable bank analyst.”

Last week, a few hours after completing a spot on Bloomberg television, the 83-year-old announced his retirement. He took that weekend off — and then jumped right back in. In an interview with The New York Times, Mr. Bove (pronounced “boe-VAY”), who goes by Dick, shared a dire outlook on the U.S. economy and his former profession.

“The dollar is finished as the world’s reserve currency,” Mr. Bove said matter-of-factly, perched in an armchair outside his home office just north of Tampa, from which he predicted that China will overtake the U.S. economy. No other analysts will say the same because they are, as he put it, “monks praying to money,” unwilling to speak out on the mainstream financial system that employs them.

Many analysts are rewarded for coming up with unique but inconsequential and “arcane” ideas, he said, peppering his criticism with profanities. Mr. Bove worked at 17 brokerage firms during his career.

As he spoke, a technician was trying to restore his home internet after his final employer, the boutique brokerage Odeon Capital, pulled the plug on his last day.

Mr. Bove, who began his career before A.T.M.s were commonplace, began appearing in the media in the late 1970s, when he was a construction industry analyst with pessimistic views on homes that didn’t always pan out.

He quickly shifted to weighing in on high finance, giving him a front-row seat to the savings and loan crisis that felled more than a thousand banks in the 1980s and 1990s. He later chronicled how the surviving banks bulked up with big bets that would lead to the 2008 financial crisis and a series of new regulations.

Among Mr. Bove’s more famous calls: identifying a “powder keg” in the housing market as early as 2005 (correct) and predicting that some major banks would quickly bounce back afterward (wrong). His 2013 book, “Guardians of Prosperity: Why America Needs Big Banks,” argued that crackdowns on the industry would crimp lending to small businesses.

He has now changed his tune on the primacy of U.S. banks, particularly after last spring’s regional banking crisis. He sees the offshoring of American manufacturing as the ultimate threat to the financial sector and the dollar, because “the people making the goods elsewhere are getting greater and greater control of the means of production and therefore greater and greater control of the world economy and therefore greater and greater control of money.”

Mr. Bove was fired twice from big firms, Dean Witter Reynolds and Raymond James, in the former instance for being too bullish on bank stocks. BankAtlantic, now defunct, unsuccessfully sued him over a critical 2008 research report.

The headline on a Times article about that episode called him “The Loneliest Analyst.” One way that’s still true is that he endorses cryptocurrency — an area that few other financial analysts will touch — which he sees as a natural beneficiary of the decline of the dollar.

Plenty on Wall Street viewed Mr. Bove as a crank or an attention seeker — but plenty of others listened. Those who paid attention included Jamie Dimon, the chief executive of JPMorgan Chase, whom Mr. Bove generally praises. Mr. Dimon, through a spokesman, said he had read Mr. Bove’s work to the end and found it “insightful.”

One who evidently isn’t a fan: Brian Moynihan, the head of Bank of America, who hasn’t spoken to the analyst in a decade, ever since Mr. Bove visited the bank’s Manhattan headquarters and told executives that they were foolish to expand their investment banking operation. (A spokesman for the bank said its head of investor relations didn’t recall the conversation.)

Mr. Bove now says he was wrong, and counts himself amused that he wasn’t invited back.

“I’ve liked to be a pain in the ass at times,” he said, pausing for effect. “A lot of the time.”

A Queens native who never quite shook his New York accent despite 30 years living in Florida, Mr. Bove attributes the longevity of his career to an independent streak that includes an unwillingness to read the work of any rival analyst. He readily admits that luck has played a part, too, marveling at his good health despite no regular exercise and a tendency to drink top-shelf tequila, neat.

He said he had earned more than $1 million one year but otherwise averaged $700,000 in annual pay. (Chief executives of major banks he covered can be paid more than $30 million a year.) That helped him buy a string of timeshares and invest in a handful of mostly unsuccessful business ventures, including four now-shuttered pizza parlors in the Tampa area.

Did he ever try his hand at making a pie?

“No, I never did,” he said. “That was the problem.”

[Cadavre Exquis]

https://cincodias.elpais.com/opinion/2024-01-26/el-delicado-equilibrio-de-la-politica-monetaria.html

https://cincodias.elpais.com/mercados-financieros/2024-01-25/el-bce-y-su-primera-cita-en-la-cuenta-atras-hacia-la-bajada-de-tipos-claves-de-la-reunion-de-hoy.html

https://cincodias.elpais.com/mercados-financieros/2024-01-26/riesgos-en-la-ultima-milla-de-la-lucha-contra-la-inflacion.html

Saludos.

[Cadavre Exquis]

https://cincodias.elpais.com/companias/2024-01-26/colonial-se-abre-al-negocio-hospitalario-en-la-antigua-sede-de-t-systems-del-22.html

https://cincodias.elpais.com/companias/2024-01-25/javier-illan-dimite-como-presidente-de-milenium-hospitality-y-es-sustituido-por-luis-basagoiti.html

Saludos.

[Cadavre Exquis]

https://www.foxbusiness.com/lifestyle/microsoft-cuts-1900-in-gaming-division

Microsoft cuts 1,900 jobs in gaming division

Job cuts come months after the company acquired Activision Blizzard

https://cincodias.elpais.com/companias/2024-01-25/microsoft-despide-a-1900-empleados-y-marca-nuevo-maximo-historico-en-bolsa.html

Saludos.

[Cadavre Exquis]

https://cincodias.elpais.com/companias/2024-01-26/las-familias-redujeron-sus-depositos-bancarios-en-5600-millones-durante-2023-la-mayor-retirada-de-la-serie-historica.html

Saludos.

[Cadavre Exquis]

https://cincodias.elpais.com/economia/2024-01-26/hacienda-recuperara-con-el-irpf-cerca-de-1200-millones-de-la-subida-de-las-pensiones.html

Saludos.

[Cadavre Exquis]

https://cincodias.elpais.com/companias/2024-01-25/la-justicia-europea-da-alas-a-los-consumidores-para-reclamar-los-gastos-hipotecarios.html

Saludos.

[Cadavre Exquis]

https://elpais.com/economia/2024-01-25/el-gobierno-deja-en-manos-de-sindicatos-y-patronal-la-negociacion-del-recorte-de-jornada-pero-fija-el-objetivo-en-las-375-horas.html

https://cincodias.elpais.com/economia/2024-01-25/robles-avanza-que-el-presupuesto-de-defensa-alcanzara-el-13-del-pib-este-ano.html

Saludos.