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Friday, March 13, 2009

Making Off With the Lower East Side

Lower East Side, NYC
Photo by myself on the Lower East Side.

Believe it or not, there are still a few neighborhoods that retain the flavor of old New York. The Lower East Side is one such area with very few modern buildings.


The Bernard Madoff case has hit New York hard.

Madoff, whose deceptive business dealings defrauded investors of billions of dollars, had many New York clients. Investing and finance figure prominently in this town, so everyone has an ear turned to this story. News came this week that Madoff was sentenced to 150 years in prison.

I don't know anyone personally who invested with Madoff, but I do know people who know people who did. The hardest hit are the older people of course, who were counting on their money for their retirement.

With all the turmoil these days, it's tough to contemplate the mess that a single person can create for so many others.

Related posts: On Tenement Life and Cable TV, Nearly Perfect and Grace Church in Black and White.


Olivier said...

bravo, cela fait vraiment photo d'un vieux film b&w de Godard.

SG said...

I loved NY when I was there.. now I'm thousands of miles away... yet, I'm still connected to the city... your blog will be one of my connections to the city I love!

Lowell said...

Terrific shot. Is this the area where Becker has his office?

Ice said...

This black and white photo is full of characters!

-K- said...

You're right, this is a shot of NY that I didn't think existed anymore. Very nice.