All Posts Tagged With: "leverage"
American Chopper — Foreclosure Vs. No Foreclosure
So which is it: Was the Orange County Chopper world headquarters foreclosed or not? The answer as derived from the American Chopper TV show and public information is very simple: Both. Let’s start with foreclosure. It’s plain that a foreclosure action was initiated by the lender, the GE Commercial Finance Business Property Corp. The matter [...]
7Nov2011 | Peter G. Miller | Comments Off | Continued
American Chopper — Management Doesn’t Get It
There’s probably no better show that reflects workplace tensions than Discovery Channel’s American Chopper. How do you deal with skilled workers when you’re the owner? Orange County Choppers is a success story, in the sense of something that grew over time to a business that included a custom-built “international headquarters” to construct and show bikes. [...]
10Oct2011 | Peter G. Miller | 0 comments | Continued
American Chopper: Why Foreclosure Had To Happen
Like millions of property owners, Orange County Choppers has felt the sting of foreclosure and could be moving to smaller quarters. It’s a “business decision” says the senior Paul Teutel, speaking on the downsizing episode of the American Chopper TV series. You could see this coming for much of the past year. In November 2010, [...]
13Sep2011 | Peter G. Miller | 10 comments | Continued
Realty Profits Understated — As Usual
I sometimes see headlines which tell us how various assets will appreciate, say a comment that real estate values will go up 3 to 5 or 7 percent next year. Why am I discomforted with such numbers and predictions? There are two reasons, actually. First, I’m not sure how anyone can predict tomorrow’s home appreciation, [...]
16Sep2008 | Peter G. Miller | 0 comments | Continued
Foreclosures & The Multiplier Effect
If we’re just having a subprime crisis, then how come the impact is worldwide? That’s the essential question raised by Ben Stein, an attorney and economist who you may also know as a droll actor and TV pitchman. Writing in the New York Times, Stein points out that we have a $10.4 trillion mortgage marketplace [...]
4Sep2008 | Peter G. Miller | 0 comments | Continued
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