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Monthly Archives: October 2015

How the Mets made a huge financial turn around

Just four years ago, New York Mets owner Fred Wilpon had a middling baseball team, couldn’t fill his stadium, and owed more than $600 million in debt. Wilpon and his co-owner and brother-in-law Saul Katz attempted to sell a 49% stake in the team for $200 million to make a dent in that debt, but a deal with financier David Einhorn fell apart.

That’s not to mention the Mets’ Madoff nightmare. The owners had invested some $500 million with Bernard Madoff, whose Ponzi scheme collapsed in 2008.

What a difference a few years makes. The Mets are now headed to the World Series, the Wilpon family’s burden to the Madoff liquidation trust is down to some $60 million, and Fred Wilpon has likely had his first happy summer since 2008.

http://fortune.com/2015/10/24/mets-wilpon-world-series/

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Posted by on October 29, 2015 in Uncategorized

 

Overstock Holds 3 Months Of Food, $10 Million In Gold For Employees In Preparation For The Next Collapse

We are not big fans of Wall Street and we don’t trust them. We foresaw the financial crisis, we fought against the financial crisis that happened in 2008; we don’t trust the banks still and we foresee that with QE3, and QE4 and QE n that at some point there is going to be another significant financial crisis.

So what do we do as a business so that we would be prepared when that happens. One thing that we do that is fairly unique: we have about $10 million in gold, mostly the small button-sized coins, that we keep outside of the banking system. We expect that when there is a financial crisis there will be a banking holiday. I don’t know if it will be 2 days, or 2 weeks, or 2 months. We have $10 million in gold and silver in denominations small enough that we can use for payroll. We want to be able to keep our employees paid, safe and our site up and running during a financial crisis.

We also happen to have three months of food supply for every employee that we can live on.

http://www.zerohedge.com/news/2015-10-24/overstock-holds-3-months-food-10-million-gold-employees-preparation-next-collapse

 
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Posted by on October 25, 2015 in Uncategorized

 

Virtual Reality in live sports venues

Next Galaxy Corp.’s  CEO Mary Spio and Virtual Reality Sports Director Akim Millington preview the future of watching live games with social media interaction and online purchasing through 3D experiences.

http://www.msnbc.com/watch/virtual-reality-in-live-sports-venues-get-ready-469508675588

 
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Posted by on October 20, 2015 in Uncategorized

 

14,000-year-old dentist drill

  • Italian researchers discovered tiny flint tool used to file away rotting cavity
  • Was found in the skeleton of caveman who died after suffering toothache
  • Gives strongest evidence yet that Stone Age men were aware of infection
  • Experts say the work carried out must have caused sufferer major agony 

stoneage

http://www.dailymail.co.uk/news/article-3163110/Caveman-s-14-000-year-old-dentist-drill-discovered-Skeleton-shows-Stone-Age-man-infected-tooth-filed-away-flint-tool.html

 
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Posted by on October 15, 2015 in Uncategorized

 

Punjabi Mafia

Beeba BOYS Movie Trailer

This is based on real life Punjabi Mafia legend Bindy Johal

Bindy Johal was accepted into the Punjabi Mafia in the early 1990s most likely through Ranjit Singh Cheema.

 
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Posted by on October 8, 2015 in Uncategorized

 

Veil debate becomes big issue in Canada election

Zunera Ishaq describes her choice to wear a veil in public as a “trivial and minor issue”.

But for 35 million Canadians, this woman’s stubborn insistence on her right to conceal her face has become a central issue in the ongoing election campaign, giving a late boost to a Conservative government that had previously seemed doomed to defeat.

A 29-year-old mother and teacher who was accepted as an immigrant to Canada in 2008, Ishaq first came to attention when she went to court to challenge a new government regulation that sought to prevent Muslim women from covering their faces during their citizenship ceremony.

She won handily, and won again early this month when a second court rejected the Harper government’s appeal against the earlier decision.

But with every victory for Ishaq, the government opposing her becomes more popular. After announcing this month that it would go to the supreme court of Canada to appeal its second defeat, the Conservatives moved from third to first place in polls tracking opinion prior to the October election.

“This is not an issue, by the way,” Ishaq told the Guardian. “This is a trivial thing,” she said, echoing the view of many Canadians. “This is not the business of the state.”

The Canadian department of citizenship and immigration would seem to concur, noting that only two women since 2011 have declined the ceremony because of the ban.

http://www.theguardian.com/world/2015/oct/01/zunera-ishaq-veil-canada-election-conservatives

 
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Posted by on October 4, 2015 in Uncategorized

 

The FICA effect or how your credit score affects your spouse

  • People with higher credit scores are more likely to be in a committed relationship and stay together
  • People tend to form relationships with others who have a similar credit score as them
  • The strength of the match, both in the headline credit score and its details, is predictive of whether or not a couple is more likely to break up for observable reasons pertaining to finance and household spending; and
  • Credit scores are indicative of trustworthiness in general, and couples with a mismatch in credit scores are more likely to see their relationships end for reasons not directly related to their use of credit.

http://www.bloomberg.com/news/articles/2015-10-02/the-federal-reserve-has-some-advice-for-your-love-life

 
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Posted by on October 3, 2015 in Uncategorized

 
 
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