Sports Crackle Pop Provides Some Financial Analysis

Justin March 18, 2009 2

So, this AIG thing, huh? Pretty bad.

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We’re essentially paying huge bonuses to insurance executives who just sunk a major company. So, Congress has decided to get even by trying to tax those bonuses at 100%, essentially forcing the execs to pay back the money.

It sounds like a fair plan. Now, let’s take it to the next logical step.

The New York Yankees operating budget comes, in part, from my ticket and merchandise purchases, with more money coming through my monthly cable television bill.

In recent years, the team spent extravagantly on a number of free agents who did not live up to their end of the bargain, and in one case, failed to even take the field for a large portion of his contractually obligated term with the organization.

In short, I think Carl Pavano owes me a hot dog.

2 Comments »

  1. King Ing March 18, 2009 at 1:50 pm -

    CC Sabathia ate it already

  2. midtownmike4 March 20, 2009 at 8:39 pm -

    You’re no Jim Cramer. But hey, who is? By the way, AIG was just using a very clear loophole the Treasury Department explicitly included in the stimulus package. They were just following the law. If Pavano owes you a hotdog – what does A-Roid owe Yankee fans? Rhetorical question, of course.

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