Entries from August 30th, 2010

Gayest Foreclosure Ever

August 30th, 2010 · No Comments · breaking news

Parliament House isn’t doing so super, but thanks for asking. The article I’m linking to doesn’t tell much of the history, so let me fill you in as a local. Parliament House Resort, was originally built as a hotel in the 1960s, then was converted to something of a gay enclave in the 70s by [...]

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You Can’t Stop Yen, You Can Only Hope To Contain Him

August 30th, 2010 · 3 Comments · loller dollar, zirp

Folks, consumer electronics shopping is gonna get a lot more painful this holiday season. The yen is rallying, the Bank of Japan is easing and the markets are shrugging: Japan’s government offered a modest stimulus package Monday and the central bank took steps aimed at curbing the rising yen, but a tepid reaction from markets [...]

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Sunday Night Links

August 29th, 2010 · No Comments · links

- Real estate wheeling and dealing, now with 100% more pushing, shoving and headlocks – OMG WTF, we’re on our way to a TLT BBQ – If $HP wants to pay two bil for storage, the rafters of my garage are available. – Chart porn of the day: A colorful breakdown of the Fed’s balance [...]

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Tire Fires Burn Faster Than This

August 26th, 2010 · 1 Comment · fail

Blockbuster is finally filing for bankruptcy, sometime next month. Friggin’ finally. Their failboat has been trying to dock for well over a year now. We’ve posted about this stupid company’s looming bk so many times now that if we had a nickel for each one, we could have bailed them out by now. C’mon, Blockbuster. [...]

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Does Anyone Like Dick?

August 26th, 2010 · 1 Comment · lehman brothers

Fortune Magazine, having run out of actual things to report on, decided that it needed to check in on Dick Fuld. This was somehow not complicated by neither Fuld nor his lawyers wishing to comment on the article. So what has he been up to? Turns out, not a lot, at least not by his [...]

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