Mousey
Ueber Meister Mouse
- Joined
- Sep 12, 2004
- Location
- Up$hitCreek
Deepest apologies if this has already been posted... I missed it if it has...
6 April 2009
"Buy when there is blood in the streets, even if the blood is your own." Baron Nathan Rothschild
There is a generally accepted definition of an economic recession a decline in gross domestic product for two consecutive quarters. But people don't agree on what is a depression until years after the fact.
There is a difference, like the distinction between neurosis and psychosis. A neurotic may have problems, even severe, distressing ones. But a psychotic has at least temporarily lost touch with reality.
The legal gaming industry is facing a psychotic global economy.
Take, for example, Penn National Gaming. In mid-2008, Penn Gaming was in the final stages of being acquired, when banks decided to cut off all financing for corporate takeovers. But Penn Gaming's lawyers had done a great job writing in protections. The banks panicked, ....
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6 April 2009
"Buy when there is blood in the streets, even if the blood is your own." Baron Nathan Rothschild
There is a generally accepted definition of an economic recession a decline in gross domestic product for two consecutive quarters. But people don't agree on what is a depression until years after the fact.
There is a difference, like the distinction between neurosis and psychosis. A neurotic may have problems, even severe, distressing ones. But a psychotic has at least temporarily lost touch with reality.
The legal gaming industry is facing a psychotic global economy.
Take, for example, Penn National Gaming. In mid-2008, Penn Gaming was in the final stages of being acquired, when banks decided to cut off all financing for corporate takeovers. But Penn Gaming's lawyers had done a great job writing in protections. The banks panicked, ....
