The real estate developer motif in TRP and a Vineland stream
Robin Landseadel
robinlandseadel at comcast.net
Tue Jul 28 17:05:12 CDT 2009
> >What group of investors did not make a killing investing in American
> RE and its Equity & Capital Markets in the 1980
The Pynchons—their cash nexus ran aground in 1932, due to the usual
Inherent Vice issues. I guess that's what happens when you spend all
of your public life on yachts.
No, but seriously, they ran aground because a consortium of special
interests who could see the propaganda 'n profit potential of the
talkies and wanted William Fox's patents, decided to pull the
financial ground out from Fox's feet, driving the original Fox Films
into bankrupcy & taking along Pynchon & Co. as collateral damage & in
the process, creating the biggest hole in international banking til
Bear Stearns tanked.
I suppose it's just karma because of the American Waste doctrine,
otherwise known as Pynchon vs. Stearns, is all about real estate..
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