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Date Posted: 15:02:30 02/12/03 Wed
Author: talkonline-a very loose cannon
Subject: BRENDAN BRYNE - BOARD OF DIRECTORS FOR XANADU COMPANY

This is TOO EASY!....The plot just keeps thickening! The company known as MACK-CALI,who was just awarded the bid to redevelop The MEADOWLANDS,has at least one VERY DISTINGUISHED BOARD MEMBER listed on it's website! The former Gov. of NJ. BRENDAN BRYNE-OH_YEAH-ISN"T HE ALSO ON GOVERNOR MCGREEVY'S commitee to make a recomendation about SLOT MACHINES AT THE MEADOWLANDS RACETRACK????........here's the link to the MACH-CALI Board of Directors page CLICK HERE"

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Replies:

[> Mack Cali seems to own a ton of buildings in North Jersey -- Pat, 20:56:21 02/12/03 Wed


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[> [> Re: Mack Cali seems to own a ton of buildings in North Jersey -- talkonline, 09:06:39 02/13/03 Thu

They are listed on the NYSE as a REIT.(sym=CLI) (Real Estate Investment T(rust?)). I like that they paid a very nice (.67) divedend in the last quarter.

I haven't checked out how much of the property is office space??? I still remember the office-space "glut" of the early 80's, so in a bad market, they would probably get hurt if they have a lot of that?

Notice that MCGREEVY did NOT mention any cuts in the budget as far as the COMMERCE department is concerned? Economic development funds = corporate welfare for all of MCGREEVY'S DEMOCRAT friends.



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[> [> [> Yes, the Mack Cali buildings seem to be mainly for corporate rental space -- Pat, 18:35:43 02/13/03 Thu


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