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Some Copley Retirees May -- Repeat, MAY -- Get Refunds
http://www.pepperlaw.com/publications_update.aspx… "The IRS may appeal Quality Stores to the Sixth Circuit Court of Appeals. If the decision were to be affirmed by the Sixth Circuit, it would then be precedential only in Kentucky, Ohio, Michigan, and Tennessee – the geographical boundaries of the Sixth Circuit" "Taxpayers whose refund claims were rejected would need to file lawsuits, and only when a case reached a circuit court and a circuit court made a favorable decision would the case become precedent in that circuit."— April 19, 2011 8:19 a.m.
Gores Brothers Finalists in Bidding for Warner Music
Ive also read that a merger with EMI might also be in the cards for whomever ends up getting WMG. I read today, in a NYT article dated 4-10, that it is Platinum Equity that made the bid.— April 18, 2011 3:50 p.m.
Gores Brothers Finalists in Bidding for Warner Music
Williams Davidson's widow Karen will also retain a small percentage of ownership, something less than 10%, but Gores is buying the team on his own, except for the small percentage, something around 10% I've heard, that Platinum is buying strictly as an investment. Gores is also buying their arena, The Palace of Auburn Hills. It was privately financed 20+ yrs ago. I've never been there, but I've heard announcers and such talk about how nice it is and that it has the same amenities as the newer arenas, in particular the all important luxury suites. My own particular memory is of the Lakers getting swept by the Pistons in the 88-89 Finals with the last 2 games there and the crappy seats they gave Jack Nicholson and the other L.A. celebs that made the trip and that to mock him, they handed out a bunch of rayban wayfarers to some "kids" around them and nicknamed the the Nicholson Youth. No, NOT a Pistons fan.— April 18, 2011 3:43 p.m.
Gores Brothers Finalists in Bidding for Warner Music
Don, I'm assuming that it's Platinum Equity and not the Gores bros as individuals. I can't see Gores Leveraging himself that much. If you can believe what you read, Platinum is investing in less than 10% of the Pistons. The rest is coming from Gores personally. I've read that WMG is asking $3 Billion. I'm mildly suprised the price is that low. That's not much of a premium on book value of $2.8 billion and Bronfman's group paid around $2.5 billion when they bought it a few yrs ago.— April 18, 2011 8:53 a.m.
Gores Brothers Finalists in Bidding for Warner Music
No. The sale still has to be approved by The NBA. He met with the League Advisory-Finance Committee this past Thursday. I heard David Stern say last week that the owners will vote on the sale after the NBA Finals are over, which will be sometime in June.— April 18, 2011 8:32 a.m.
Parking Grosses $430,000 Per Chargers Game
Unless you a tea party member. For some insane reason,they still seem to think that they are going to "convert" the rest of the GOP and win every election in sight.— April 9, 2011 11:54 a.m.
San Diego mayor says deficit is $56.7 million; group says $130 million.
A friend from my college days told me this a long time ago. when Oakland was awarded the franchise,It's pretty common knowledge that the city wasn't even trying to get a pro football team. Barron Hilton supposedly threw a fit and threatened drop out of the league if there wasn't another west coast team. Since the 49ers were already in the bay area, they gave the team to Oakland; that's how Wayne Valley got involved with the other 7 original owners, they had a contest in the paper and the winning names was The Oakland Señors. Somebody got smart and came up with the Raisers a few weeks later. At first I didn't believe him but his dad was a die hard from the beginning and he still had some old newspaper articles about the team. As of a couple of yrs ago it's also on wikipedia, so obviously that makes it official. LOL The 2nd part I actually knew.Berkeley wouldn't let them play there so for the beginning of their first season, they shared Kesar with the 49ers and played the last couple of games at the Stick, where they also played the following year. When I was a kid, probably late 50's early 60's, my dad took my brother and I with him to San Fran a few times, so we saw some 49ers games at Kesar. I think he's probbly the one who told me about the Raiders playing there.— April 9, 2011 11:49 a.m.
San Diego mayor says deficit is $56.7 million; group says $130 million.
That's probably true for everyone except Raiders fans. To them he is the owner of the team that has 3 Superbowl wins, which the last time I checked was 3 more than the Chargers have. My guess is that most Chargers fans would gladly trade 3 Superbowl wins in return for dealing with someone like Al Davis as an owner. And speaking strictly as an outsider, there doesn't appear to be much difference between Al Davis and Alex Spanos.— April 8, 2011 8:53 p.m.
Parking Grosses $430,000 Per Chargers Game
What little, and by little I mean miniscule, credibility that Trump might have ever had went out the window the very moment he made the galacticly stupid move of bringing up President Obama's birth certificate again. the ONLY reason Trump is opening his yap again is for the free publicity— April 8, 2011 5:53 p.m.
San Diego Used to Be Nearly Recession-Proof. What Happened?
We were in Phoenix during spring training and based on what I read and heard while there, you are incorrect about a business boom in Az. In fact, it's quite the opposite. I read an interview with the CEO of Intel, in which he said if Intel were starting anew, Arizona wouldn't be in the running for its business and that Arizona would not be in the top 10 locales to make that kind of business investment. I don't know where the businesses from California are going, but thet sure as heck aren't going to Arizona.— April 8, 2011 10:58 a.m.