Scenes From The Las Vegas Housing Meltdown
Despite what your crazy uncle or Warren Buffett says about housing prices, the residential real estate market in many areas of the US is still in a lot of trouble. Doug French, an executive vice...
View ArticleMortgage People Depressed About Lack Of Showgirls At Conference
The American Securitization Forum conference in Vegas used to be quite the party scene, with every bank, monoline (remember them?) and institution outdoing each other in who would throw the most...
View ArticleLas Vegas Ritz Shutting Down Due To Banker Bashing
There’s been much talk about some bankers booking all of Wall Street surrounding area’s hotel rooms today, but if you want to be really charitable, just move your drunken asses from Stone Street’s bar...
View ArticleDo Your Part: Buy Shares In Beer Pong Table Manufacturer Today
Southern Products CEO (CFO, Principal Accounting Officer, and sole director) Tyler Richard, 19, has a dream. A dream to sell custom-made beer pong tables that retail for (starting at) $300 a pop, with...
View ArticleHas Deutsche Bank Made A Terrible Mistake?
The bank claims it wants its new casino, The Cosmpolitan, to be a success and yet… When Deutsche took the project over, fewer than eight of the building’s 50 stories were built. The development manager...
View ArticleWho Are The 6 People Expected To Buy Vegas’s $5,000 Burger?
THEhotel at Mandalay Bay is home to Hubert Keller’s new restaurant, Fleur. The menu includes a burger priced at $5,000 (which comes with a $2,500 bottle of wine, so manage your expectations about what...
View ArticleJohn Paulson Taking His Favorite Investors To Vegas
If you’re an insecure Paulson and Co investor, you’ve probably spent at least several hours if not days or weeks at a time wondering how John felt about you. Would he like you as much if you weren’t a...
View ArticleDeutsche Bank Needs Less People Vomiting Outside Its Las Vegas Nightclub,...
As you may have heard, Deutsche Bank owns a casino (/hotel) in Vegas, called the Cosmopolitan. The Germans never intended to run the joint, originally merely funding the project by developer Ian Bruce...
View ArticleCab-Riding BFFs Single-Handedly Take Down Wynn
The two friends who paid a cabby $5,000 to drive them from La Guardia to Los Angeles made back a good chunk of the fare in Las Vegas. After raking in more than $2,000 at the craps and blackjack tables,...
View ArticleThis Weekend, Don’t Let These Amateurs Put You To Shame
If you’re going to run up a 6-figure bar tab, consider getting serious and not tuckering yourself out before midnight, failing to break $200k. [via ZeroHedge] Continue reading »Follow Dealbreaker on...
View ArticleHeaded To Vegas Next Week? If You Like Your Planes To Be GPS-Enabled,...
Probably no big deal, but if you’re a nervous flyer, please note that Phil Falcone’s LightSquared will be running some tests that might interfere with the technology on aircrafts flying near Vegas. The...
View ArticleChicago-Based Commodities Trader Declared Dead In 1986 Actually Alive And...
On May 11, 1979, commodities trader and “family man” Arthur Gerald Jones went missing. His wife told investigators that six months prior, he’d lost his job, and due to the fact that despite selling his...
View ArticleDon’t Even *Think* About Pinning This On Jon Corzine’s Flamenco Classes,...
Key Chicago employees were away and a significant transaction was botched in the lead up to a deficit in MF Global Holdings Ltd.’s customer accounts, according to internal emails, documents and people...
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Dispatches From The World Series Of Poker
What do you do when you’re a mid-20s male that dropped out of college to play online poker for a living, and the government suddenly cuts off your source of income? The answer, it seems, is move to...
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Area Hedge Fund Manager: Leave Harry Alone!
As you may have heard, earlier this week the lovable scamp that is Prince Harry of Wales got in a bit of hot water when he was photographed ass naked in Las Vegas, with a bunch of equally ass naked...
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Data Entry Professional Who Might’ve Gotten A Free Trip To Disney Saw No...
Bernard Madoff was generous to his employees and didn’t have policies in place for corporate credit cards used by executives to pay for family vacations and thousands of dollars worth of wine, a jury...
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Who Wants To Buy A Las Vegas Resort?
As some of you may recall, Deutsche Bank owns a casino1 (and hotel) in Las Vegas called The Cosmopolitan. If it seems out of character2 for the Germans to be proprietors of an establishment whose motto...
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Deutsche Bank ThisClose To Just Saying “To Hell With This Place” And Leaving...
Deutsche Bank, as you all know, owns a Las Vegas resort and casino called the Cosmopolitan. The bank never set out to be the proprietors of such an establishment, but after a developer who they loaned...
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Fox Business Reporter Tweets Live From Vegas Urinal
[via @cgasparino] Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: Charlie Gasparino, Las Vegas, Magic Johnson, SALT Conference, the situation is fluid
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Deutsche Bank Finally Rids Itself Of 600,000 Square Foot Albatross Around Its...
Blackstone has agreed to buy the Cosmopolitan of Las Vegas, Deutsche Bank’s $4 billion dollar mistake. The private equity firm will pay $1.73 billion to acquire an establishment that Deutsche top...
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