The Tuesday Barter Report (September 11, 2007) by Bob Meyer
September 17th, 2007 · by Bob Meyer · No Comments Teen Trades iPhone For New Car
A 17-year-old hacker, George Hotz, who managed to unlock the iPhone so that it could be used with cellular networks other than AT&T has traded his reworked gadget for a Nissan 350Z and three 8GB iPhones.
Hotz made the barter deal with Terry Daidone, co-founder of CertiCell, who also hired Hotz as a paid consultant.
Citigroup’s Real Estate Portfolio Massive
Does the average person have any idea of the magnitude (of wealth) the world’s corporate goliaths possess? Here’s a mind-numbing figure to get your mind around: Citigroup, a banking giant, has a global real estate portfolio which totals 92-million square-feet!
Homeless Centers In Oregon Accept Barter Services From Poor
The Sisters of The Road, a non-profit organization, have expanded their homeless center in Portland. The organization runs a cafe and provides mail and other services for the poor and homeless who pay for the food and other products with cash, food stamps, or barter.
Mergers & Acquisitions Will Set 2007 Record Worldwide
More than $3.57 trillion in M&A deals this year will mean an all-time record, according to Bloomberg News. International buyers are spending more on takeovers in 2007 than ever before, and the pace of foreign purchases ultimately might match the volume of domestic deals.
Bankers specializing in mergers and acquisitions will earn approximately $11 billion in fees.
12 Million People Took Cruises …U.S. Passengers 78% Of Total
Cruise lines and their passengers spent $17.6 billion in the U.S. in 2006, with New York and Hawaii among the fastest-growing embarkation points for cruise travelers. Demand has slowed in the key Caribbean market, but the industry has seen potential for growth in Europe and Asia. While U.S. passengers play a dominant role in the industry’s travelers, only 17% of Americans have taken a cruise.
Corporate Jet Use Is In Dramatic Expansion
In 1970, turbine-powered planes such as corporate jets numbered 1,833. By 2006, that number had jumped to 18,058. And the FAA predicts another 10,000 additional corporate jets will begin flying in the next ten years.
On another note, commercial airlines ranked below the IRS in the University of Michigan’s most recent survey of American customer satisfaction.
Small Business Isn’t Small When It Comes To Statistics
According to Larry Kudlow, host of CNBC’s (cable TV) “Kudlow & Company,” small business in America makes up 50% of our country’s GNP and is responsible for 99% of the jobs in the private sector.
Hotel Rooms In Manhattan Up 40% Over Three Years
According to Smith Travel Research, the average room in Manhattan (NYC) has seen a big jump in prices–some 40% higher than just three years ago. The higher rates are a result of foreign visitors drawn to New York by the weak U.S. dollar. In addition, the supply of rooms has declined due to converting rooms to condominiums or other uses.
The occupancy ran 80% for the first four months this year and the average room rate was $231, far out-distancing Miami at $192 and Honolulu at $166.
To read the rest of The Tuesday Barter Report see: TUESDAY
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