I was up last night and I caught the end of the movie Boiler Room and after reading the news today about this Guy not much has changed in 8 years.

The funny this is in the movie Giovanni Ribisi character realized that there is no way after working @ J. T. Marlin he would ever get a job at a "reputable" firm like Merrill Lynch, HA if he only knew how "Reputable" they would turn out 8 years later.

It just reinforces the face that the as "the game" has been played over the last 25-30 years in the country. That guy that pulled off the biggest ponzi stock scheme was the FORMER CHAIRMAN OF THE NASDAQ!!! Now who can you really trust?

The only part that will be interesting to read/watch will be the fallout of the people at those country clubs in Palm Beach or the Hamptons who now realize that they aren't millionaires after all!!! There should be some good dateline episodes coming out of this for sure. Time to pull the kids out of private school...

I ended up going out to Vegas last weekend. Here is where i stayed, again.









I actually did something that didn't involve gambling, I saw Oasis on Saturday Night.























Liam being a Liam at the end of the show



Everyone trying to get out of the Palms



The Venetian, adding another tower altough the stock price has plummeted from $200 a share to $5.







Me going out to a shady but always entertaining bar by the Hard Rock, The Double Down Saloon.



Why can't we have a special at a bar like this?


Now my Mom actually wanted to go and see "Dirty Vegas" aka the are off of Fremont St.


Here is the regular Fremont St Experience













A Million Dollars @ Binions, which they had back in the day before the casino was sold 3 times in 10,000 Bills. It's good to see that the new owners are putting money back into such a historical casino.



Now the lowest of the Low Casino's on East Freemont St which is really "Dirty Vegas" or the Gold Spike.






























The Berlin Wall in the Men's room @ Main St Station.











Want your Checks Cashed?

Wow!

I'd never think I would ever see the day. UB wins their Conference!

All I can say is Turner Gill is a #1 Class act all around.

Yea, I guess we really are in a "recession."



More carnage to come I'm sure.

There were so many people in Western New York who thought that they would never see this day. All I can say is that form my perspective it's really due to how the place is run instead of the "recession." They ran out all of the people with brains, class and experience. In a way the whole process of what happened was a class warfare thing form the start Was there validity in their points about a CEO getting paid 1.2 Million while people live in abject poverty? Sure you can't deny that fact at all. Now is having a guy who's only business experience is running a smoke shop empire with a leveraged operating advantage over any other competition outside of the sovereign tax free. Basically all I'm saying that I seriously doubt that he would have risen to the level of success he has had without the tax free element of his business plan. Anyway I did find the comments in this story pretty enlightening

The trouble is that with casino's they're extremely competitive businesses and the people that really have big money want to be pampered and treated right with respect. The employees at the Seneca Niagara Casino are pretty rude and cocky; Why I have absolutely no idea. You don't get that treatment over in Canada or on the Vegas Strip or even Wheeling Island. All I saw after Mickey Brown and the people that open the most sucessful casino on the east coast, Foxwoods in CT was the place go downhill. Just go to the the Thunderfalls buffet and pay for that overpriced slop.

From my perspective, it's not just the economy that's a downer on gambling, but other financial monitoring laws we have in place now. For example, the casino in the falls could never draw any Canadian high rollers for fear that bringing large sums of cash across the border would result in it's confiscation or at the very least it being registered and recorded.

All I can say is Joel Rose is somewhere smirking now. After all the Senecas were going to single handily save WNY with all the jobs that they would create, especially in that abandoned steel skeleton in the cobble stone district.

After giving up this it was so worth to have everyone look at this