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Keyword: samzell

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  • Sam Zell Buys Gold With Inflation ‘Reminiscent of the ‘70s’

    05/05/2021 6:31:53 AM PDT · by ProgressingAmerica · 20 replies
    Bloomberg | May 4, 2021 | David Westin and Simon Casey
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  • Billionaire Sam Zell: I see 'very significant' positive change for business under Trump

    10/15/2017 4:49:13 PM PDT · by 2ndDivisionVet · 6 replies
    CNBC ^ | September 26, 2017 | Matthew J. Belvedere
    •Corporate America is willing to invest money on a longer-term basis under President Trump, real estate mogul Sam Zell says. •Zell points to deregulation and promises of tax cuts and massive infrastructure spending as major positives for business. •Continued improvement in underlying economic growth continues to "surprise," he says. Corporate America is willing to invest money on a longer-term basis under President Donald Trump than the previous "anti-business administration" of Barack Obama, real estate mogul Sam Zell told CNBC on Tuesday. "Bluntly, the only way I can square anything is I focus on what gets done, not what's said," the...
  • Why “The Grave Dancer” Is Cashing Out Once Again Sam Zell has called the top again …

    04/27/2016 7:53:32 PM PDT · by Lorianne · 8 replies
    Casey Research ^ | 26 April 2016 | Justin Spittler
    Sam Zell has called the top again… Zell is a real estate mogul and self-made billionaire. He made a fortune buying property for pennies on the dollar during recessions in the 1970s and 1990s. This earned him the nickname “The Grave Dancer.” Zell was also one of the only real estate gurus to spot the last property bubble and get out before it popped. In February 2007, he sold $23 billion worth of office buildings. U.S. commercial property prices peaked nine months later and went on to plunge 42%. • Zell is seeing a similar situation in today's market… His...
  • Zell warns: Wealth redistribution or growth-but you can't have both!

    02/28/2014 11:21:05 AM PST · by Red in Blue PA · 26 replies
    The United States needs to stop taking its "eye off the ball" on economic growth, in order to stamp out the uncertainty that's preventing investors and companies from taking risk to make money, billionaire real estate mogul Sam Zell told CNBC on Friday. "Wealth redistribution" policies in Washington are hampering the economy, he said. "I find it difficult to believe that you can have wealth redistribution and growth at the same time." Zell called out fellow " Squawk Box " guest James Bullard, president of the St. Louis Federal Reserve-arguing that the U.S. has accepted a level of growth that...
  • Trib boss Zell on way out (Dinosaur Media DeathWatch™)

    08/14/2009 6:28:15 AM PDT · by abb · 48 replies · 1,233+ views
    Chicago Sun-Times ^ | August 14, 2009 | David Roeder
    Sam Zell's days as a media titan in Chicago are nearly over. The motorcycle-riding billionaire, renowned for his deft touch with real estate and corporate turnarounds, took Tribune Co. private in late 2007 promising to energize the lumbering company. He piled on debt at exactly the wrong time, and a collapse in advertising for traditional media forced him to take the company to Chapter 11 bankruptcy. » Click to enlarge image Tribune Co. Chairman and CEO Sam Zell (AP) Eight months after the filing, two sources familiar with the process said creditors are working on a reorganization plan that elbows...
  • Sam Zell’s Empire, Underwater In A Big Way

    02/07/2009 10:03:59 PM PST · by Steelfish · 6 replies · 1,082+ views
    NYTimes ^ | February 8, 2009
    Sam Zell’s Empire, Underwater in a Big Way The Worldwide Plaza building in New York, left, was part of Macklowe Properties. Center and right, the Chicago Title and Trust building and the Chicago Mercantile building are part of Tishman Speyer. In 2007, Sam Zell, the billionaire Chicago investor, sold a portfolio of 573 properties he had assembled over three decades, Equity Office Properties Trust, to the Blackstone Group for $39 billion. It was the largest private equity deal in history, but Blackstone did not stop there: it immediately flipped hundreds of the buildings for $27 billion. Today, the wreckage of...
  • Tribune Files for Bankruptcy Protection

    12/08/2008 10:50:48 AM PST · by Rutles4Ever · 78 replies · 2,823+ views
    Media conglomerate Tribune Co. has filed for bankrutpcy protection, pressured by high debts, according to the Associated Press.
  • Tribune Prepares for Bankruptcy Filing

    12/07/2008 3:23:33 PM PST · by Erik Latranyi · 137 replies · 5,258+ views
    Wall Street Journal Online ^ | 7 December 2008 | N/A
    Tribune Co. is preparing for a possible bankruptcy-protection filing as soon as this week, according to people familiar with the matter, opening a new front of trouble for the newspaper industry. As Tribune continues discussions with its lenders to rework its debt load, the newspaper-and-television concern in recent days ...
  • I Just Sent A Free Fax to Sam Zell Asking That The Khalidi Video Be Released (So Can You)

    10/28/2008 9:02:58 AM PDT · by PJ-Comix · 4 replies · 363+ views
    Self | October 28, 2008 | PJ-Comix
    Okay, I earlier posted what I thought was Sam Zell's e-mail address but it doesn't work. HOWEVER, just a few minutes ago I successfully faxed Sam Zell. Here is his Fax #: 213-237-3535. I also faxed it for FREE! I did it from a Fax site I use a lot. You are allowed to send a couple of free faxes from there per day. Just go to FAX ZERO. It is easy to fill out and just click for the free fax. You will get e-mail confirmation that it was faxed successfully as mine fax was. FAX ZERO
  • E-Mail Sam Zell About Release of the Khalidi Video (e-mail address info included)

    10/28/2008 8:03:03 AM PDT · by PJ-Comix · 9 replies · 658+ views
    Self | October 28, 2008 | PJ-Comix
    I think I know of a way to force the Los Angeles Times to release the video of Barack Obama toasting former PLO operative Rashid Khalidi at an Israel bashing party which included terrorists Bill (the Bomber) Ayers and Bernardine Dohrn. Contact Sam Zell via e-mail. I found out that Zell, unlike most of the media, is NOT some crazed leftwinger. The Times won't release the Khalidi video but Sam Zell is the owner of the Times and he can ORDER them to release it. And here is the e-mail address of Sam Zell: Sam.Zell@tribune.comGot that? In case you didn't,...
  • Sam Zell(newly elected member of the board of directors of The Associated Press) vs. The Future

    06/17/2008 10:01:53 PM PDT · by JerseyHighlander · 10 replies · 117+ views ^ | Monday April 9, 2007 | Kirk Biglione
    Sam Zell vs. The Future Billionaire takeover artist Sam Zell has a problem. It has nothing to do with the financial structure of his proposed takeover of the Tribune Co., or the fact that he openly admits to knowing next to nothing about the newspaper business. No, Zell’s problem is that he seems to be fundamentally opposed to the one thing that could save newspapers like the LA Times. Speaking to a group of Stanford Law School students last week, Zell asked rhetorically: “If all the newspapers in America did not allow Google to steal their content for nothing, what...
  • Tough Guy (Sam Zell) in a Mean Business (Tribune Co. - Dinosaur Media DeathWatch™)

    04/06/2008 4:44:27 PM PDT · by abb · 18 replies · 90+ views
    The New York Times ^ | April 7, 2008 | RICHARD PÉREZ-PEÑA
    Since taking control of the Tribune Company in December, Sam Zell has drawn a lot of attention in journalism circles for speeches laced with profanity, political incorrectness, insults and self-deprecating humor. But all the twittering and tut-tutting over Mr. Zell’s remarks — and his suggestions that some reporting jobs are not needed — masks a more serious concern. With the newspaper industry going through an unexpectedly sharp contraction, Tribune is struggling under $12.8 billion in debt, and its financial condition has deteriorated, creating what specialists say is a very real risk of credit default in the next year or so....
  • The Last Tycoon? What does Sam Zell want with the Chicago Tribune?

    04/09/2007 9:11:03 AM PDT · by EveningStar · 13 replies · 507+ views
    Opinion Journal (WSJ) ^ | April 9, 2007 | Joseph Epstein
    "World's Greatest Newspaper," the Chicago Tribune used to bill itself with P.T. Barnumesque modesty. World's Greatest it never was, but, viewed from my neighborhood in Chicago, it always seemed the world's least Jewish newspaper. Which makes the fact that the paper is now owned by Sam Zell, son of immigrant Jewish parents from Poland, the first of the ironies associated with Mr. Zell's much-publicized recent acquisition of the Tribune Company, the crown jewel of which is of course the Trib...
  • Tribune buyout leaves LA Times wondering what's next

    04/02/2007 7:23:25 PM PDT · by LdSentinal · 17 replies · 830+ views ^ | 4/2/07 | GARY GENTILE
    LOS ANGELES - The fate of the Los Angeles Times remained uncertain Monday after Tribune Co., its corporate parent, announced an $8.2 billion deal with Chicago real estate mogul Sam Zell to take the company private. The deal scuttled a competing bid by Los Angeles moguls Eli Broad and Ron Burkle designed in part to return the acclaimed paper to local control. Tribune's ownership of the Times has been rocky. Disputes between the Chicago-based corporation and leaders at the Times have led to the dismissal of two publishers and two editors. Times staff members have been bracing for the possibility...
  • Gov tells manufactured home owners to take a hike

    05/10/2006 4:37:55 PM PDT · by SpyderTim · 8 replies · 978+ views
    Chicago Sun-Times ^ | May 10, 2006 | Carol Marin
    Gov tells manufactured home owners to take a hike May 10, 2006 BY CAROL MARIN SUN-TIMES COLUMNIST Gov. Blagojevich quickly used his veto this week to nix the most benign of bills. You have to wonder why. This is nothing less than a David and Goliath story. Little guys vs. the big boys. And so far, let me tell you, the little guys are losing big-time. This all centers on what are called manufactured-home communities, something we used to call trailer parks back when those dwellings were truly mobile. They are not anymore. Manufactured homes are simply more affordable than...