Monday, November 7, 2011

Miss Wall Street? Only when I . . .

Inevitably when I meet somebody new and the conversation turns to our jobs, the question that is always asked when they find out my job history is “Do you miss Wall Street?” In actuality, I consider that to be a three-part question.


First part – do I miss the Wall Street money? The short answer is “yes – tremendously”. Why I went from a six-figure salary to that of a public school teacher is something that most people can’t understand. And, truthfully, there are days when I don’t understand it either. Especially on the days when the college tuition payments are due. Or the property tax bill. Or the dance school tuition.


Which leads to question number two – do I miss the Wall Street work? Truthfully, no. Absolutely not. By the time my Wall Street career wound to a close, it was like sitting up with a terminally ill patient just waiting for the final breath. I had pretty much been reduced to doing everyone else’s bullshit work while the company slowly dismantled the division. There were days when I felt like I was stealing my large salary. The work I do now is just so much more meaningful and satisfying. If only jobs like this paid like the job I left!


The final part of the question is – do I miss Wall Street, the place? Or more accurately, do I miss working in New York City. Undoubtedly, the answer is “yes.” I don’t miss commuting, which completely sucks. But I do miss the city. Which is why any time we have some time off, I make an excuse to head in.


Usually, I plan a meeting for my small, barely profitable company. But the reality is that I go in because I love the city and I can’t think of a better way to spend an afternoon than wandering alone throughout the streets and avenues.


I love the pace of the city – it never stops. Red lights are just mere pauses in the flow of people and traffic. Pedestrians weave in and out like the cars at a NASCAR race, with everyone hustling to get somewhere.


I love the sound of the city. The buses and trucks, the snippets of conversation in just about any language you can imagine, the construction sites and the tourist groups. The street vendors. It becomes a white noise that inspire me like no other.


Then there's the people. People from all over. People delivering packages. People selling food. Bicyclists trying to avoid getting killed by trucks. Some stranger trying to sell me a gold chain - "real gold. 14 carat" (and don't ask from where.) And the pretty girls - oh my. New York is like a walking, talking fashion show every day.


But what I love most about the city is the anonymity of it. Everywhere you look people surround you but almost everyone keeps to themselves. Walking down the street with my suit jacket on and my briefcase under my arm, I could be a stock broker heading to a client meeting, a doctor leaving the hospital, a teacher or Batman, for that matter. Nobody seems to notice or care. Right now, I find myself sitting in a public space beside Grand Central Terminal. I could be a lawyer working on a brief, or a reporter working on a story, or Ernest Hemingway. And not a soul has stopped by or even looked at me.


In Edison, no matter where I go, I am defined as somebody. Mr. Campione, the teacher. Coach Jerry, the baseball coach. The union rep. The dancer’s father. But in the city, I’m anybody. And nobody.


Do I miss Wall Street? Not really, but I do miss the city. The fast pace, gritty, grimy city. A city of millions of anonymous souls. That I miss . . .very much.

Sunday, October 30, 2011

I'm Dreaming of a White. . .Halloween?!?

Ok, so I spent my October 30 clearing away the remains of what was once a very large, very vibrant pear tree. I remember when we had it planted - it was of modest size then and I actually believed that some day I might actually get pears from the tree.

The only thing I ended up getting from that tree was splinters and incredibly sore muscles after the tree literally collapsed after last night's snowstorm.

Yes, you read that right. Snowstorm. On October 29. Yes, October.

I returned from a very long ride home from Virginia only to find 1/4 of the tree leaning against my neighbors house, 1/4 resting on the fence and 1/4 of it covering my truck. Oh, the last 1/4. Right now it's still standing, but I anticipate that as another of Mother Nature's cruel jokes, it will probably blow down and crush the swimming pool. If it doesn't land on me first!

Now the tree falling down is a pain in the ass. And finding out that unless it caused any damage (which it didn't believe it or not) the insurance won't pay is a pain in the ass. And having to spend the entire day to only have removed 1/3 of the debris is a pain in the ass.

But the real pain in the ass is this damned global warming stuff!! My goodness - in the last year, all I've done is shovel snow and turn up the thermostat. I can't help but wonder if one dinosaur turned to the other and said "Oh, that ice. Don't worry about it. The earth is getting WARMER. Trust me." And bingo, no more dinosaurs.

While I think that Rick Perry is definitely NOT presidential timber, I think I am beginning to buy into his "global warming is bunk" argument. And unless a palm tree thrives where the pear tree once was, and I'm singing "White Christmas" in my bermuda shorts with a frozen tropical drink in my hand, I don't think I'm changing my mind.

Sunday, September 4, 2011

The REAL Man Who Saved Cantor Fitzgerald

On the morning of September 11, 2001, no firm was more devastated by the attacks on the World Trade Center than bond brokers Cantor Fitzgerald. Nearly one-fourth of all those killed worked for Cantor. Howard Lutnick, the CEO of the firm, was spared as he was dropping off his son at the first day of kindergarten. His brother wasn’t so lucky.

But Cantor Fitzgerald lives on today, nearly 10 years after the attack. It survived, despite the devastating loss of life, because of the vision of one man - someone who clearly saw the future.

The New York Times has lauded Mr. Lutnick in a recent article (“The Survivor Who Saw the Future”, September 3) as someone who rebuilt and prospered, despite the incredible odds. And while I think he deserves all the credit he’s earned, the real reason Cantor survived, the real reason Mr. Lutnick has thrived financially, along with all of the Cantor employees, survivors, and families of survivors, was because of the vision of one man.

Not Howard Lutnick. No, the vision of Fred Varacchi. Fred was the executive who created the electronic trading platform ESpeed, which is credited with allowing Cantor to go on despite having lost almost all of its brokers. Fred Varacchi was the man who saw that trades could be handled electronically, 24 hours a day, with hardly any human intervention.

Fred Varacchi was at work on the 101st floor of the World Trade Center on September 11. Fred Varacchi didn’t make it out and his family - his wife and young children - never saw Fred again.

Fred Varacchi was a best friend to my brother, and a good friend to me and to my family. I remember Fred’s passion for fast cars, the way he would show off when he’d come by the house to pick up my brother. I remember Fred’s winning smile and his enthusiasm for almost everything.

I remember finding out that Fred was a wealthy man, having made great sums of money from his work in the financial sector. And yet, to meet Fred, was to meet someone who would never show off his wealth. He was a regular guy. Someone you could very easily spend hours chatting about football or cars with.

I saw Fred no too long before September 11, in the parking lot at a Jets game. He was as full of life as ever. Who could have known it would be the last time?

I remember Fred. I attended his memorial service, and I cried along with Howard Lutnick, at the memory of this good friend.

I just don’t want anyone to forget who the real man who saved Cantor Fitzgerald was. It wasn’t Howard Lutnick, no matter how nice a story that is. The man who saved Cantor was Fred Varacchi. A man whose contributions far outlived his time on earth.

Rest in peace, Fred.

Monday, July 18, 2011

Only the good (or intelligent) get canceled young

Once again, the ratings gods have taken an intelligent television show down for the count. TNT announced that, despite Emmy and Peabody awards, despite showing a sign of male bonding not often seen on network television, despite having a strong African-American character who is not portraying a cop, they were canceling Ray Romano's wonderful "Men of a Certain Age." What a shame to lose this show.

This show was one of the few to feature intelligent writing for men - middle aged men to be exact. A demographic that is, apparently, not big enough to warrant supporting the show (despite the flurry of ads for erectile dysfunction and men's hair color that seem to pour out of just about every corner of the TV universe these days). This was finally a show that men could look forward to on a weekly basis that had nothing to do with guns, cops, robbers, or any of the other more unseemly sides of everyday life in imaginary cities that just happen to look like New York.

So rather than quality television, we will probably have still another CSI spinoff to look forward to - what are we up to now, "CSI: Greenville, SC"? Or maybe another doctor show because God knows we haven't seen these same stories told over and over again.

Much like another show I've written about before - "October Road" - this was a show that stuck with you after the hour was over. It made you think, not cringe, like so much of today's television. In today's TV universe, if your show can't stand financially on its own, it's out the door. Unlike in years past when a show, especially a quality show, would be given time to actually survive. Surely TNT must be making enough money from other, less expensive, less intelligent shows to keep this one going.

I seem to remember George Clooney explaining, years ago, why he did "Oceans 11", "12" and "13". The reason, he explained, was that making those movies (and bringing in the untold millions of dollars that they did) allowed him to make movies that were a lot more intelligent (but less profitable), like "Good Night, and Good Luck" or "Up In the Air." Too bad TV executives don't buy into that logic.

Oh well, I guess this will free up more time for me to read. They are still publishing books, right?

Wednesday, June 1, 2011

So did you hear the one about the governor who was late for a baseball game. . . .

So Governor Christie, the great savior of New Jersey, the man who will remove waste from the state budget, eliminate all those cushy public service jobs and then presumably walk on water, had a baseball game to get to. His son's game. A high school game.

So how does he get there? Why, by helicopter, of course. A 55 foot, $12.5 million helicopter designed for homeland security purposes. This is what the great fiscal savior does in his spare time.

And, once he gets there, does he walk the 300 feet from the helicopter to the baseball field? Oh no, he gets driven there in his black car with dark tinted windows. Explain this obesity epidemic again??

Yes, this is the $175,000 man. The man who is upset because school superintendents make more money than he does. Only they don't get the choppers, the cars, the mansion.

Once again, do as I say, and not as I do. Isn't that right, Mr. Christie?

Can't wait to hear him explain this one away.

Saturday, May 14, 2011

Random thoughts on a Saturday

Was reading in the paper this morning that there are protests in California to raise taxes (or at least keep current tax rates) rather than cut education spending again. In typical fashion, the article paints the teachers (and parents) as being the greedy ones who are always looking for another buck to better educate their children - the bastards!!

But it did point out an interesting statistic - approximately 80% of the spending on education goes to salary and benefits. This is the same as it was about 8 years ago. But, to quote the Wall Street Journal, "more and more tax dollars are being diverted for teacher benefits. The Lost Angeles Unified School District is paying 11% more for teacher health benefits than it did two years ago."

My question - why?? Are LA's teachers getting 11% sicker now than they were two years ago? Or, as I suspect, have we simply given the insurance companies and healthcare companies a pass on being able to charge whatever the hell they like, with no explanation necessary.

Folks, we can keep going around and around on this issue and blame high taxes on everything from the cost of pensions to the possibility that the world will end on May 21 (more on that later), but the reality of it is that until we get our hands around the issue of healthcare, and the outrageous costs associated with that, we will never win the public-funding arguments. We NEED to start demanding that our elected officials start asking the tough questions of executives at these companies, and start doing something to start bringing these costs back in line. Reduce health care costs and you WILL lower local taxes, that I promise.

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$85 million dollars. I keep saying the number to myself because I almost can't believe it. $85 million dollars. That's how much the chairman of Viacom made LAST YEAR! Himself! $85 million dollars!!

I spent a long time in the private sector before jumping to public education, so I do support the free enterprise system, but I guess I also have a conscience. $85 million dollars seems like crazy money to me for one man (or woman - no discrimination here, although I don't see many women on this highest-paid list. Ladies, where is the outrage??).

All this talk about how rich we have it in the public sector by those that work for companies like Viacom. They complain that we have health benefits. They complain about how we have pensions. We don't have that, they cry. Why should you??

Hey, idiots, wake the hell up. You HAD all of these things and you gave them up for 401(k) plans - a bad bet if ever there was one. And while you toil and work for no raise and pay more and more of your health care costs and fund your own retirements, your chairman is making - get ready - $85 million!! Why don't you storm your own company's annual meeting and give him the same hell that you've been giving the teachers, firemen, policemen and other public workers. Ask him how many houses he needs, or cars, or planes or whatever the hell he's buying.

Just imagine if he took, oh I don't know, $30 million LESS and put it all into employee health care. Imagine how little YOU'D be paying.

Private sector America, it's time to pull your heads out of your own asses and start asking questions of your own corporate chiefs!!

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I hear there's a bunch of religious zealots who are saying that the world is going to end on May 21. Does that mean I don't have to do lesson plans for the following week??

I'm a little skeptical, but just in case, I'm moving my math test to May 20. I need the grades!

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Was listening to the Led Zeppelin album "Houses of the Holy" just a little while ago and had these two thoughts:

1. This is a great album. How I regret not being "into" Led Zeppelin during my younger days - I missed out on a lot of good listening. If you haven't heard it, buy it (don't steal - it's not nice) and really listen to it and tell me it isn't one of the most timeless rock and roll albums of all time. Who's doing this kind of stuff now??

2. If Led Zeppelin tried to release this album with this album cover today, they'd be accused of child pornography and the album would be released in a plain brown bag. I really don't understand what the cover art has to DO with the album, but in my opinion, it's essential to this album.

Give it a listen.

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So Ashton Kutcher is going to be the new man on "Two and a half Men" this fall. And I keep asking myself - is there anyone luckier in Hollywood than Ashton Kutcher??

Good for him. Let's hope the show continues to be as funny as it has been. Choosing Ashton should almost ensure that.

Tuesday, March 8, 2011

Charlie Sheen - really??

So let me understand - I am supposed to care about some overgrown child who earned nearly $2 million per episode for what was, admittedly, a funny show but was, nonetheless, a television show, while people go hungry at night, schools struggle for funding, and the middle class slowly disappears, just because he chose to throw his entire career away with drugs and drink???

Tell me we don't have our priorities screwed up.

What's next - having a freedom march for Michael Vick because he wasn't allowed to do a commercial for the ASPCA??

Wake up and figure out just what the hell is really important in the world. And here's a hint - you won't find it in Hollywood. Or on the football field. Or the basketball court.

But look in your own backyard - and there you are.

Wednesday, February 2, 2011

Schools, no. Pension, no. Casinos. . .YES!!

OK, so let me see if I have this straight. Governor Christie is claiming that the state is broke. So broke that it can't afford to keep up aide for local towns or, heaven forbid, public schools, but he can find $216 Million to fund a casino! I mean, of all things, a casino!?!

What is he thinking - that perhaps in a city where even the most experienced casino operators can't find a way to turn a profit, he's going to figure this out? Really??

I have a better idea. Why not take the $216 million and bring it to one of the currently OPEN casinos, go to a roulette table and place it all on red. Or black. Whatever. You have just as much of a chance of seeing a return on your money that way as you do by investing it IN a casino.

And THIS is the man the Republicans want to run for President. Starting to make Sarah Palin look like a goddamn Rhodes scholar! And to think we've all been making fun of Snookie all this time!!

And now you know why living in New Jersey isn't a way of life, it's a life sentence.