Saturday, November 26, 2011
IF FRIDAY WAS BLACK...
Then Saturday is?
The confusing thing about this "Black" labeling business is that Wall Street calls historically bad days "black" and retailers call the best day of the shopping year "black". Kinda confusing.
Johnny Walker Black? Good. Black Mark? Bad. In the Black? Good. Black eye? Bad.
I think some lawyers should get involved and resolve this inconsistency. Should only take a team of 20 and about 2000 billable hours to settle on a new word.
Speaking of lawyers, our old friends at Weil, Gotschal and Manages, have settled the NBA Strike! (The link is to the NY Times coverage).
Yes Virginia, there will be basketball this year. Your daddy can pay $500 a seat to see Dwayne Wade and Lebron James et.al., play at the AA arena starting Christmas day. Heat v. Mavs. Go Heat! Another under achieving over paid team of spoiled players.
And yet, this time around the players will not be so over paid. They capitulated. They caved. They didn't like their old deal so they went on strike. They didn't like the new deal offered, so they decertified the union. And then they settled for a pay scale that can go as low as 49% of revenues, or as high as 51%. Under the former deal that the players found so onerous, they were getting 57% of revenues.
The message is don't mess with the guys at WGM. They will eat your lunch and double bill you for it when the deal is done.
Except when they mess with yours truly.
So go hit those day two sales and see just how high your credit can go.
The Fins lost a close one in Dallas on Thanksgiving and say what you want but Tony Sporano and his team have showed real mettle in battling back from a disastrous start and not giving up. We think TS has earned another shot at coaching down the line. Unlike certain basketball teams in town, his players aren't spoiled brats.
See You In Court Monday, turkeyed out.