Last month, a particularly valuable piece of cargo flew into Miami International Airport from Ecuador: $625,000 worth of gold bars. Then they went missing. Today police arrested two men, a cargo handler and a pawn shop owner, who they believe to be behind the heist.
The perennial worst director is gunning for the bastards -- and respect.
Miami was pretty much ground zero for the housing bubble bust, but things have begun to look up, at least according to some numbers. Home prices in the area are up 11 percent since last year, but the Washington Post warns that any semblance of a recovery might be the result of Wall Street strat ... More >>
In 2007 and 2008, just as the Florida housing bubble was exploding spectacularly, Miami officials were scrambling to keep their budget afloat. One little trick they used, the Miami Herald later found, was shifting $26.4 million into the general fund so it looked like the city was balancing its books ... More >>
Wall Street and Washington conspire to destabilize the U.S. economy, one barrel of oil at a time.
Luther Campbell, the man whose booty-shaking madness made the U.S. Supreme Court stand up for free speech, gets as nasty as he wants to be for Miami New Times. This week, Luke explains why Twitter is the social media network preferred by minorities.Everybody is talking about Facebook's forthcomin ... More >>
Next time someone tells you, "Eh, this recession hasn't sucked that much in Miami," whip out this interactive economic graphic report that the Brookings Institute just published. The think tank's conclusions are stunning: Of 200 global cities they analyzed, Miami's economy was harder hit by the r ... More >>
Last November, "Occupy FIU" gathered at the Deuxieme Maison pit on the school's West Miami-Dade campus and decried excessive student loans, Wall Street bankers, and money in politics.Yesterday, they tried to do it again. This time, seven people -- including two FIU students -- were arrested.The a ... More >>
Congratulations Miami-Dade County! We're home to not one, but two of the ten worst-run cities in the entire United States of America. The City of Miami came first on 24/7 Wall Street's list. That would be bad enough, but citizens of Miami proper may be even more devastated ;to find that their cit ... More >>
Immortal Technique might have been a little late to yesterday's promised appearance at the Occupy Miami site. But once there, he was very generous with his time. He offered press, protesters, and superfans individual attention and thoughtful commentary. The outspoken, politically active hip-hop ... More >>
Battles With Nisennenmondai Grand Central, Downtown Miami Thursday, October 27, 2011 Better Than: Approximately 95% of most live music events. Two tight bands, decently timed sets, booming sound. What else do you need? Last night, Battles blew our fucking mind. Sorry to indulge the most standa ... More >>
via Occupy Miami's FacebookBrace yourself for waves of socially responsible hipsters."Occupy Miami" -- a protest against corporate greed modeled after the two-week sit-in currently clogging Wall Street in New York -- will take over Bayfront Park tomorrow.But how will our soulless city respond? And w ... More >>
South Florida, where Ponzi scheme convictions are as common as jaywalking tickets. The latest Miami man at the center of a collapsed phony empire is Oscar Hernandez. While relatively small compared to other cases, Hernandez's $3 million scheme operated in classic Ponzi scheme.
In ancient Greek, apocalypse translates as "a revelation." So what could possibly be more apocalyptic than the giant freaking orange moon due to pop up tomorrow night? After all, it's the biggest and closest it's been in nearly two decades. FYI: the "extreme supermoon" is also predicted to (1) ma ... More >>
If you invested in this, you're probably f*cked.Beware of what you see here in the Magic City: very little is real. The boobs? Nope. Those lips? Collagen-enhanced. Even that sweet Lamborghini is just a rental. We all know you ended up with the Datsun after your divorce.So it might not come as a s ... More >>
By and larger Wall Street's movers and shakers have always been insufferable, out-of-touch husks of human beings driven solely by greed. Of course, during the great recession of 2008 in which they were cast, deservedly so, as the villains they were forced to reign in some of their more exuberant ... More >>
We can not tell you how many times we've been in those sticky situations where we need some extra gold bars, but unfortunately wherever it is you go to get gold bars (the gold bar store?) is closed. We're sure, like most regular citizens, you have the same exact problem. Luckily, for the busy per ... More >>
Brickell, the so-called Manhattan of the South, was supposed to be Miami's next hot spot. Developers fully bought into the idea, and for a while it seemed a new luxury condo high-rise was breaking ground every other month. Then, whoops, the housing bubble burst, the recession hit, and m ... More >>
The owners of the Fontainebleau Miami Beach borrowed about $620 million to complete its recent $1 billion makeover, but according to Business Week, they haven't made payments on any of the loans since September. Now BW says they're offering a restructuring plan to lenders. Yes, yet another Miami ... More >>
via City of Miami Pete Hernandez has handed in his resignation.Miami City Manager Pete Hernandez has handed in his resignation, two of Riptide's sources at City Hall have confirmed. Herandez's ouster is a major victory for Mayor Tomas Regalado, clearing the way for Regalado to bring in an ... More >>
Food and Wine calendar: Thursday through Sunday. [Herald]Miami based Benihana sales slightly up first quarter. BNHNA shares closed at a 52-week high of $8 on Tuesday. [BizJournals]Least creative top-ten brunch spots in Miami list ever, but probably still good, if you're into that sort of thing. [Bla ... More >>
The Miami Herald's troubles have gone way past the somewhat amusing flailings of a major daily, into serious, concerning trouble. Today the New York Stock Exchange threatened to de-list the Herald's parent company, McClatchy, unless they get their house in order. From Editor & Publisher: McClatc ... More >>
UB The Underboss is a South Florida hip-hop veteran and new media pioneer. I asked him 10 questions via e-mail and got back so much information I can't even call this an interview, it's the Underboss Book Of Knowledge. Check out Urban Medero's 20 years worth of insight on hip-hop culture and check h ... More >>
Put your Hands On Miami and give back to the community.
The unholy dollar just might kill the nation's top art fair.
Barack the vote, stuff your face? Yes we can!
More reasons to stop by Norman Brothers after work
Saying she's treated no better than a stray cur, the fifth wife of Daddy's Girl millionaire Bruce McMahan breaks her silence
Miami Light Project's new program of original works is artistically thrilling
Wall Street gives new meaning to the term "artist portfolio"
A new lawsuit charges that an accountant tried, and failed, to flimflam Miami's boys in blue
If this were war, U.S. would win