Word: bargaining
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...economy that has some vendors responding to increasingly cash-strapped fairgoers by offering larger portions for the same price (an often high price to begin with.) "I would have preferred to see a lower price and a smaller portion," says Litchfield. However, "we as consumers are looking for the bargain. Vendors know that...
...past decade, the Federal Government has poured more than $50 billion into the corn industry, keeping prices for the crop - at least until corn ethanol skewed the market - artificially low. That's why McDonald's can sell you a Big Mac, fries and a Coke for around $5 - a bargain, given that the meal contains nearly 1,200 calories, more than half the daily recommended requirement for adults. "Taxpayer subsidies basically underwrite cheap grain, and that's what the factory-farming system for meat is entirely dependent on," says Gurian-Sherman. (See the 10 worst fast food meals...
Private-equity players are betting they'll be able to snap up the securities at bargain-basement prices. After all, the debt will come due amid rising unemployment and a deepening meltdown in the commercial real estate market...
...looking to bail. So MGM Mirage, which owns the most properties on Las Vegas Boulevard - the Strip - ducked and weaved around bankruptcy for six months earlier this year by pumping $140 million, almost a quarter of its monthly revenues, into the project. MGM sold off Treasure Island at a bargain price: Phil Ruffin, the buyer, paid the equivalent of $225,000 for each room on the property; CityCenter's rooms cost about $1.5 million each to build. Even if CityCenter is a big success and people want urban density as a part of their Vegas experience, experts like Bill Lerner...
...Bargain hunters are also successfully negotiating discounts at big-name chains. For example, Duke Dougherty, a rookie haggler in Williston, N.C., asked for - and received - 10% off a $4,000 John Deere lawn mower at Lowe's, even though the sale offer had expired. Dougherty, who works in the aerospace industry, told the rep he had his checkbook ready but would walk away unless he got the deal. "Hell, $400 is $400," he says. "It was kind of a trip I pulled that...