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Archive for June, 2006


Friday, June 30, 2006
That's one big check
By Ian Mylchreest
The annual charity auction for a dinner with super-investor and uber-foundation trustee, Warren Buffett, has sold for $620,100, reports the Associated Press. That nearly doubles last year's price for the winner and seven friends to dine with the Berkshire Hathaway chairman at Smith & Wollensky's in New York. The myster bidder is known only by his [...]
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Friday, June 30, 2006
Station facing multi-front war?
By David McKee
It's hardly news that Station Casinos and the Culinary Union have long been at loggerheads here in Vegas over the company's anti-union stance. (Unlike some of its competitors, Station has been too smart to engage in the sort of confrontational behavior that has roiled management-employee tensions elsewhere in town — at least not since its [...]
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Friday, June 30, 2006
Journal vs. Times on war reporting
By Steve Sebelius
The Wall Street Journal published a lengthy apologia on its editorial page today that sought to distance the capitalist house organ from its longtime rival, the New York Times on the decision to publish a story on the Bush administration's tracking of international banking transactions. Message: Yes, we published the story, but only because the [...]
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Friday, June 30, 2006
It's a tough life
By Ian Mylchreest
The investment banking industry ain't what it used to be, reports
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Thursday, June 29, 2006
Drill this, you bastards!
By Steve Sebelius
No good deed goes unpunished. No sooner do we issue a seldom-heard word of praise for U.S. Rep. Jon Porter for casting a good vote than Porter goes and does something truly evil. According to The Associated Press, Porter and his cohort, U.S. Rep. Jim Gibbons, both voted "aye" on H.R. 4761, the so-called Deep [...]
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Thursday, June 29, 2006
Quick Hits: Gibbons hates voters; bribes and James Dobson's in love … with lawmakers!
By Steve Sebelius
• Why does U.S. Rep. Jim Gibbons hate people? We only ask because Gibbons, hiding out in Washington D.C. to avoid the likes of Bob Beers and Lorraine Hunt, cast a vote against a measure that would have protected medical marijuana users from federal prosecution. The vote on HR 5672 failed 163-259. (Thanks, Republican Congress!) [...]
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Wednesday, June 28, 2006
Q2: Wynners and losers on the Strip
By David McKee
Majestic Research has posted its top 20 Strip casinos, in terms of play (or, more properly, "game usage") in the second quarter of 2006. For the second year running, Wynn Las Vegas tops the list, with MGM Grand retaining second place. Steve Wynn benefits from not being in competition with himself but MGM Mirage execs [...]
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Wednesday, June 28, 2006
Two former Atlantic City bosses to duke it out
By David McKee
No, it's not a casino-exec cage match at the Trump Taj Mahal, alas. But two formerly dominant figures on the Boardwalk's casino scene could be throwing down again soon. Ex-Caesars Entertainment CEO Wallace Barr is spearheading the $88 million acquisition of 11 acres of Boardwalk real estate, according to The Press of Atlantic City. Encompassing [...]
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Wednesday, June 28, 2006
Allstate no longer all people
By Len Butcher
Ah, the compassion of insurance companies. When we need help and a shoulder to lean on, we can always count on them. Or can we? Seems Allstate doesn’t want to hear from anyone any longer if their house is damaged by an earthquake. The company has decided to discontinue offering any earthquake insurance and the [...]
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Wednesday, June 28, 2006
Will they ban smoking?
By Steve Sebelius
We must ban all smoking now! That is the unambiguous, inescapable conclusion of the U.S. surgeon general's report "The Health Consequences of Involuntary Exposure to Tobacco Smoke," released today. You can find that report — and a bunch of other information related to it — on the surgeon general's website. But, in case you're not [...]
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