Posted By:
PCThere used to be an investment bank ...
Actually, used to be 5 big investment banks. Now there are 2.
I suspect there are far fewer buyers of $20 cups of coffee today than there were Friday. Not sure about Yankee tix, but the whole situation is ridiculous. As a taxpayer I guess I'm paying for it, even though I refuse to pay for it.
And the new stadium fianncing arrangements are almost as complicated as the derivatives market, which virtually nobody understands, including the participants (as was proved by yesterday's ISDA "emergency session" fiasco).