Thank you realtors.
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PerpWalkWatch - # of Hours New AG Eric Holder Has Let Angelo Mozilo Run Free
Eric Holder and Barack Obama
Failure to
Arrest
Angelo Mozilo
2862 Hours
(countdown suspended 6/21/2009)
ERIC HOLDER - YOU ARE A COWARD
DO YOUR JOB
(UPDATE 6.4.09 - SEC CHARGES MOZILO WITH INSIDER TRADING. YET ERIC HOLDER STILL SITS ON HIS ASS AND DOES NOTHING)
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15 comments:
As usual, take the knee jerk response and blame the realtors at the very bottom of the housing bubble Ponzi scheme pyramid of dodgy finance.
They are an easy scapegoat though...
100+ plus years of losing and now they're bankrupt?? Let em die.
Let's give credit where credit is due.
The Realtors deserve the thanks of baseball fans everywhere for this one. One hundred years of losing is enough. Time for the Clubbies to try their hands at anther sport--say, bocce or pick up sticks.
Now back to our regular Realtor-bashing program
Note to sports fans: the Cubs WERE NOT included in the Tribune Co.'s filing.
Minor point, but Keith's post implies otherwise.
"Dooon't stop buh-leeevin!"
The Tribune is owned by a "real estate tycoon"???
Well, hell, no wonder it's toast!!
Soriano's contract = NINJA Loan
but the Cubs are about to trade for Jake Peavy ...
how will they pay Lou Piniella to guide them to a 2nd place NL central finish ?
The Cubs baseball team will do okay. The people who will buy the team are at the financial level that is much less affected by the financiapocalypse. I predict a group of buyers will snap up the team at a bargain price.
The Tribune newspapers are in much more trouble. But their bankruptcy seems to be due to a double whammy of over-leveraged buyout (having the purchased entity take on debt for the new ownership to buy it), and plummeting ad revenue from the influence of the internet and declining print circulation (internet ad revenue for newspapers is something like 10% of print ad revenue).
Not to worry, I had my vaccination shot in 1969 as a broken-hearted youngster...when they folded to the Mets. I can take anything you throw my way! :)
keyser soze
I wonder if people will start bitching about the players' unions like they do the UAW?
I keep wondering where ridiculous and bloated player contracts will go when ad revenue, ticket revenue, sponsorship revenue, merch revenue, etc etc etc etc starts evaporating.
Maybe the Bidwills here in Phoenix had it right all along. No, no I didn't say that. Nevermind.
I knew that the Tribune was gonna fail as soon as he bought it.
I couldn't believe he bought it! Who buys newspapers nowadays when you have the
internet! Crazy....
It just goes to show you that most of these Rich Icons don't know what's going on in the real world.
Didn't the Chicago Tribune make out bigtime on newspaper sales on November 5th 2008? I would guesses they would be making a profit
Not being American, a baseball fan, or otherwise familiar with that logo, at first I thought Keith was saying that the Swiss bank UBS is bankrupt.
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