Archive for Business

Yesterday I ran two posts about potential unrest in the Land of the Lords of the Realm. You can read them here and here. Upshot: even billionaire playboys are not immune to the current economic downturn, and in fact they are particularly vulnerable if they either (a) depend on real estate for their fortune or […]

Columnist George Will writes a letter to the editor at Forbes, defending Bud Selig against claims that he was asleep at the switch as far as PEDs were concerned and that he has, overall, been a poor commissioner. Money quote: Steve, serious baseball fans argue about everything–the best hitter, the best World Series, the best […]

The dynamics described in the previous post (i.e. diminishing franchise value freaking owners the hell out) are on display with this news item as well: Padres chairman John Moores will spin the front-office carousel yet again Thursday when the club expects to announce that Jeff Moorad will take over as CEO, with Sandy Alderson stepping […]

No, really: Rangers owner Tom Hicks is attempting to sell a minority share of up to 49 percent of the ballclub he purchased in 1998, he said on Tuesday at the team’s Spring Training complex. Merrill Lynch, the international investment banking firm, which became a unit of Bank of America last year, has been hired […]

That just sounds wrong…

Wait, what? Audi today announced that the brand is now the official luxury vehicle of the New York Yankees. The new relationship also includes the naming of the Audi Yankees Club, an exclusive viewing location and membership restaurant, located on the H&R Block Suite Level in left field. The sponsorship begins with the opening of […]

Doubling back around to look at replacement level one more time.

Every office I’ve ever worked in — and it’s a list that keeps growing longer and longer for some reason — has had a perky person in charge of the United Way fund drive. A couple of times a year they host a “kickoff” meeting at which ice cream and forms to debit money from […]

I never smoked, but I had a lot of friends who did back in high school, and the greatest thing about it was Camel Cash. Little currency-like coupons with Joe Camel’s face on them that, when collected in great numbers, entitled underage smokers everywhere to exchange them for beach towels and cassette players, and squeezy […]