Tag: Yonkers

“From the Trader’s Desk”: Home is Where the Heart Is? Billions S5E4 “Opportunity Zone”

Times have changed and times are strange
Here I come, but I ain’t the same
Mama, I’m coming home
Mama, I’m Coming Home – Ozzy Osbourne

 

TGIF and welcome to The Trader’s Desk. As has been the pattern the last few weeks, I’ll give a brief explanation of what an Opportunity Zone is, some quick observations, and then focus on Axe and why “stinking” of Yonkers is a double-edged sword for him.

What is an Opportunity Zone? (The WSJ review of Billions gives a really great explanation – I use some of it here)

Opportunity zones are real. The idea is part of the 2017 tax overhaul (however the Treasury Department just finalized rules for them in late 2019). Investors who have significant capital gains can take that money and invest it into an opportunity fund, for which they get a tax break. The fund in turn invests in businesses in designated disadvantaged neighborhoods. There’s no limit on how much you can invest, but you need to keep it invested for at least 10 years to get the tax benefit. That makes it less attractive for hedge funds, which likely won’t want to tie up their capital for that long. Consequently, in the real world, hedge funds have not moved aggressively into opportunity zones. There is also the question of just throwing money at these areas. While building shopping malls, business complexes and some housing is nice, if you don’t address the root of the issues, then in a few years all you have are empty shopping malls and business complexes. Continue reading ““From the Trader’s Desk”: Home is Where the Heart Is? Billions S5E4 “Opportunity Zone””

The Unbeatable, Unstoppable, Unparalleled MVPs from Billions Season 5 Episode 4

We continue to award our Most Valuable Players for Billions season five in a compilation post called the ‘Billions MVP Fanbook,’ which commemorates all those in honor of achievement for the utmost brazen, uber shameless, ultra scheming, unmatched bad asses to date – from sports references, music and tasty food to pop culture remarks, shocking twists and ultimate paybacks. In case you missed it, here are the MVPs for episode one, episode two, and episode three.

Let us continue with that tradition as we award our Most Valuable Players (MVPs) this week. Here are the Billions MVP awards for Season 5, Episode 4, “Opportunity Zone.”

Continue reading “The Unbeatable, Unstoppable, Unparalleled MVPs from Billions Season 5 Episode 4”

Billions on Showtime Season 5 Episode 4: Opportunity Zone

While Opportunity Zone as a golden opportunity of tax breaks for the rich stays at the heart of the story, all kinds of opportunities  – pursued, missed, noticed, favorable, fitting, promising, unique, rare, ample – abound in this week’s episode! Oh, and I think love is in the air for some!

The Bobby Axelrod that I came to like – the boy who grew up in Yonkers and beat the odds to become the billionaire that he is today – makes an appearance in the first few minutes of the episode… Continue reading “Billions on Showtime Season 5 Episode 4: Opportunity Zone”

“From the Trader’s Desk”:
Bobby Axelrod – a Man and his Music *UPDATED FOR SEASON 5*

**UPDATED FOR SEASON 5**

What metal shirt will Axe reveal in Season 5? I’d love to see (and Gingersnap is with me on this!) an Iron Maiden classic (The Trooper, or Piece of Mind), or Judas Priest. But now we know Axe likes the classic metal bands as well, so it could Led Zeppelin, Deep Purple, Rush or even Rainbow.

Yes, I wrote those words back in December, before we were teased with the Billions trailer and Season 5’s metal shirt was revealed to be none other than Rainbow.  I’ll go into who they are and why Axe would be a fan later in the post.

In each season of Billions, at least one episode has featured a song and a t-shirt of a metal band that must be Axe’s favorites.  (Gingersnap and I are always trying to predict which band will be featured. We’re holding out Season 6 will finally be the year of Maiden!!) The writers of Billions don’t do anything just to do it, so we know that these choices are there to tell a story, shine light on who the character is, and to set a tone. Continue reading ““From the Trader’s Desk”: Bobby Axelrod – a Man and his Music *UPDATED FOR SEASON 5*”

“From the Trader’s Desk”:
Bobby Axelrod – a Man and his Music *UPDATED*

**UPDATED**

There are many things that Bobby Axelrod and I have in common: New York born and bred; working class backgrounds; very non-traditional road to Wall Street; our love of gambling lead us to our career paths. However, the one thing that has always been my favorite commonality is our love for heavy metal bands and their music. Heavy Metal is not the most well known genre of music, so let’s explore Bobby Axelrod and his music, and what it says about him.

In each season of Billions, at least one episode has featured a song and a t-shirt of a metal band that must be Axe’s favorites. The writers of Billions don’t do anything just to do it, so we know that these choices are there to tell a story, shine light on who the character is, and to set a tone.

Metal is very misunderstood: devil worship, drugs, biting the heads of bats, or just screeching guitars may come to mind if you say the words “heavy metal”. But, it is so much more than that! Last season, I used Black Sabbath lyrics to open (and in some cases close) my “From the Trader’s Desk” recaps. In most cases, if I hadn’t referenced it to Sabbath, you’d have wondered what philosopher or poet I was quoting. Metal lyrics are some of the best I have ever heard; they tell stories of pain, loss, confusion, success, etc. – lyrics that would certainly resonate with a young man from Yonkers whose Dad has up and left, and whose home life is full of conflict. Continue reading ““From the Trader’s Desk”: Bobby Axelrod – a Man and his Music *UPDATED*”