"Las Vegas bookmakers make their money by balancing their risk, but sometimes they simply come out on the wrong side of too many bets." With the regular 2012 NFL season now over and the playoffs about to begin, please take a moment and shed a tear -- or more likely, raise your beer -- as you consider the terrible beating Las Vegas sports books absorbed in 2012.
(LAT link, so potentially behind a paywall depending on your number of previous visits in last 30 days.) [more inside]
posted by mosk
on Jan 2, 2013 -
is a site dedicated to documenting a single 11'8" railroad trestle over a street in Durham, North Carolina and the trucks (and sometimes RVs) taller than 11'8" that fail to pass through underneath (or sometimes do pass through, just with pieces lost). Now over 30 crashes have been compiled into a three-minute video of (dare I? I dare.) The Bridge's Greatest Hits
posted by oneswellfoop
on Oct 29, 2012 -
"All you do is put it in the center here like this and then set a fire to it. And not always but most - uh oh
." (Minecraft SLYT via Reddit
posted by stringbean
on Sep 19, 2010 -
Recently, there have been a host of websites that delight in exposing the inanity and stupidity of our society. There is the granddaddy, Overheard in New York
, which recounts silly conversations heard in the Big Apple, as well as a host of similar
There are now a variety of such websites, dedicated to different aspects of our society. [more inside]
posted by reenum
on Jul 28, 2009 -
is basically the practice of selling borrowed shares, with the intention of purchasing them back later at a lower price. It amounts to a placing a bet on the share value dropping, is a favoured move of hedge funds
, and has been recently blamed
for much of the current economic mayhem.
However, when last Sunday Porsche
tersely announced that, in addition to its 44% of Volkswagen
's shares, it had secured 31% through cash-settled call options
, the invisible hand of the market gave those short-sellers an atomic wedgie
Since the German state of Lower Saxony
holds just over 20% of VW, Porsche's disclosure meant that, in fact, there were only 5% of VW's shares left on the market, whereas traders were shorting for about 13% of those shares. This set off the "Mother of All Short Squeezes
". [more inside]
posted by Skeptic
on Oct 29, 2008 -
Image of the Year.
From the article: "If you want to go shallow for an Image of the Year, you can't do better than Paris Hilton
, seen through the window of a Los Angeles sheriff's car, weeping as she's being hauled back to prison to complete a probation-violation sentence. But when you first notice the credit on that now infamous picture, there's a double take. The image came from the camera of Nick Ut
, whose picture of a little girl burned by napalm, naked and running directly toward the camera and into the conscience of the American people
, became perhaps the most powerful and influential vision of the Vietnam War. Not only was the Paris Hilton image taken by one of this country's most celebrated war photographers, it was taken June 8, 35 years to the day after the devastating image of 9-year-old Kim Phuc fleeing her bombed-out village. Let's put these two pictures up on the wall together for one last, end-of-the-year look, and see if something emerges."
posted by kittens for breakfast
on Dec 30, 2007 -
In the wake of Rupert Murdoch's takeover of the Wall Street Journal, several of the paper's top reporters have left for safer ground. Among them is Tara Parker-Pope, who joined the New York Times on October 3rd
. Her blog, Well
, currently accounts for three of the paper's top ten e-mailed stories: in addition to number 1, Five Easy Ways to Go Organic, she has number 5, Shhh...My Child Is Sleeping (in My Bed, Um, With Me)
, and number 8, Drug-Resistant Staph: What You Need to Know
. Touché Rupert.
posted by alms
on Oct 25, 2007 -
. Steven Brill's online newsstand -- originally funded with $130 million from CBS, NBC and Primedia in February 2000
-- closed their doors today. In a memo to his staff, Brill wrote, "My idea for Contentville just didn't work." I'm guessing that heavy competition from other online retailers and an abundance of freely available online content did them in.
posted by waxpancake
on Sep 30, 2001 -
could possibly be Schadenfreude
at it's best!! "eToys Expects Lower Than Estimated Fiscal Third Quarter Operating Results"
Net sales are expected to be between $120 million and $130 million, rather than the $210 million to $240 million previously estimated. How could they be off their estimate by HALF? Oh yeah, maybe if they hadn't spent so much time (and money) pursuing ETOY
? Who's got the last laugh now?.....
posted by 120degrees
on Dec 16, 2000 -
is such a wonderful word; too bad English doesn't have any equivalent. If it's scrolled down, look for August 22 with headline G4e still stumbling, competition massing
. Critical quote inside.
posted by Steven Den Beste
on Aug 23, 2000 -