Observed over lunch at Larkspur today:
Herb Krumsick lunching with Eric Sexton, Wichita State’s athletic director.
Were they plotting the retirement of the “three-time All-American” Krumsick’s number at Koch Arena?
Probably not.
Instead, Krumsick roamed the restaurant doing handwriting analysis.
Here’s the rub: The pen Krumsick was using was loaded. Anyone who tried to sign up with his test got a shock. Literally, when the pen emitted an electronic jolt.
Fed intervention and the weakening economy could bring 30-year mortgage rates from about 5 percent now down to 4.2 percent, according to some Bank of America economists.
Remember John Elkington, the Beale Street developer in Memphis who helped WaterWalk officials land a handful of commercial leases for the development early last year – leases that haven’t broken any ground?
It appears that Elkington’s signature project, Beale Street, has become a legal hot potato in Memphis, with the city suing Elkington’s Perfoma group and Elkington replying in kind.
Meanwhile, WaterWalk remains a stretch of barren ground, surrounding the lofts and office project, the Wichita Area Association of Realtors and Gander Mountain.
It’ll be interesting to see what direction new Wichita City Manager Bob Layton can help provide.
Add some of America’s favorite life insurance companies to the list of financial services firms under water, according to this report from the Associated Press.
Let’s see: That makes automakers, banks, investment bankers, investment houses, insurers …
And the beat goes on.