Businessman Sues for Lapdance Injury

Posted on March 18, 2008
Filed Under Bizarre News, Law | Leave a Comment

Oh Baby -thank you Stephen Chang. You just helped us identify another possible recipient for theFutonPoncho award! Mr. Chang was at Hot Lap Dance Club near Madison Square Garden when the stripper swiveled and smacked him in the face with the heel of her shoe. The Associated Press contacted the manager of the Hot Lap Dance Club who said he was unaware of the accident or the lawsuit.

That stripper might have mis-stepped but where was this guy’s head anyway?

We’ll keep you informed of this and other entertaining news.

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Visa IPO Price Set

Posted on March 18, 2008
Filed Under Business, Economy News | 1 Comment

About $44 per share, and 17.9 billion dollars in market capital. It’s just the natural course of things. Create a company that is based upon building up debt. Get the debt up to record levels! Just as it looks as though major defaults may be around the corner, spin the company off in an IPO! That way, when all the Visa credit card users are up to their hats in debt and start a massive round of defaults, have the investors of the shiny new Visa IPO pick up the tab. And did you read that the Investment houses like J.P. Morgan and Goldman Sachs made sure they had their best clients buy up the stock to thwart a rapid sell off ala Blackstone? It seems more like they were dumping it off to the ones more likely to be able to afford living with a dog with fleas. Who says they don’t have a heart?

And it was a big day on Wall Street. The Dow was up, the NASDAQ closed up over 4% It’s been a few years since they had that kind of gain, of course don’t forget that Read more

Craigslist.org Not Liable for Illegal ads

Posted on March 16, 2008
Filed Under Computers and Technology, Law | Leave a Comment

In a return to common sense, a federal appeals court has found that Craigslist is not liable for discriminatory housing ads posted on its site. A group of Chicago lawyers sued the website because some of the ads contained on the website included notices that discriminated against minorities. A three judge panel of the Seventh Circuit of the U.S Court of Appeals said simply: Craigslist is not a publisher of these ads in the same way a newspaper would be. They said, “the website is more like an intermediary carrying information from Read more