Abercrombie and Fitch, considered by some a bellwether of the ‘massclusive’ market because of its various refusals to discount during the recession and other flailing efforts to stay an aspirational brand for high-school and college kids getting a nascent grasp on class warfare, reported widespread fail in its US stores: Sales at stores open at [...]
Entries from February 16th, 2010
Donald Trump: Foreclose On Al Gore’s Nobel
February 15th, 2010 · 1 Comment · breaking news
Donald Trump’s combover is feeling a draft this winter: Donald Trump is not a big believer in global warming. “With the coldest winter ever recorded, with snow setting record levels up and down the coast, the Nobel committee should take the Nobel Prize back from Al Gore,” the tycoon told members of his Trump National [...]
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Saturday Links and Cramer On Ice
February 13th, 2010 · No Comments · links
- We’d like to congratulate Jim Cramer on his gold medal in the 5000m speed skate. Wait, you mean I’ve got the wrong guy, and it was actually the flying Dutchman Sven Kramer? Oopsie. Sorry! – Birdman, best known as the guy behind the vocoder factory that is Cash Money Records, is now investing in [...]
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Goldman Hacks The Tobin Tax
February 12th, 2010 · 1 Comment · goldman sachs
You may have heard rumblings out of London about a “Tobin tax,” or “Robin Hood tax”, that is, a small tax on all financial transactions. Without going into a debate about its merits, you should be able to see easily that it seems like the sort of thing a so-called “vampire squid” would be opposed [...]
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Xanadu, New Jersey
February 10th, 2010 · 1 Comment · fail
Xanadu, the debacle: Okay, that joke was too easy. But, 30 years after the Olivia Newton-John Xanadu debacle, there’s another one by the same name on the happenin’ shores of East Rutherford, New Jersey, this one in commercial real-estate form: As the developer of the long-delayed Xanadu project in New Jersey struggles to line up [...]
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