Monday, November 24, 2008
Citi Field Bailout?
I have long had the view that one sure sign of a firm's pending demise is that they decide to buy stadium rights (uh sorry to anyone marketing this type of thing ;) ). Consider: Adelphia (had both Adelphia Court at St. Bonaventure and the dreaded Adelphia Coliseum in Tennessee), Enron (and the former Enron Field), do we add the new Citi Field to the list?BTW There could be some rationale for
Labels:
Agency Costs,
sports
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