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26 Aug 2009 21:41

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Sports: American Defenders no longer allowed to play baseball

  • No, really. The American Defenders didn’t pay rent. The mayor of Nashua, New Hampshire has decided to call out the minor league baseball team on its inability to pay rent by locking the doors of their home field and putting a freaking tractor on home plate so that they literally can’t play. The team, which received a notice of default on Friday, owes $45,000 in rent and fees for police and fire services. To prove that the city has no heart in a bad economy, we must point out that proceeds from last night’s game would have benefited the American Heart Association. How considerate of them. source

23 Mar 2009 10:23

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Biz, U.S.: The Obama administration has a plan for toxic assets. Hoo-ray!

  • $500 billion amount the Obama administration wants to spend to buy back toxic assets, to later resell
  • $100 billion maximum amount the administration will kick in to get the ball rolling; Wall Street likes this (so far) source