Word: busting
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Hawrilenko—who used to work in finance but now makes his living playing online poker—says that after he had played a large number of hands, he ran different kinds of win-rate analyses and determined that his chance of going bust was “pretty much zero,” which meant that he would win in the long run. And it’s safe to say that he has: at the 2009 World Series, Hawrilenko won more than a million dollars when he came in first place at an event. He took...
...Bust a Move” by Young...
...Parks and Recreation applies the same technique to politics, with Amy Poehler playing an overzealous Indiana bureaucrat seeking to build a park on an abandoned development site occupied by a giant pit. (Throwing stimulus money into a literal hole in the ground left behind by the real estate bust: it's the official sitcom of the Great Recession.) And Modern Family, a hilarious new mock-doc on ABC, adapts the style to domestic comedy. When one half of a gay couple blames his weight gain on a nesting instinct spurred by their adoption of a baby, the scene cuts...
...people in the U.S. could make the same observation. Nationwide, 10% of shopping-center stores sit empty, according to the real estate analytics firm Reis. That's the highest percentage of vacancies since 1992 - what you get when you mix a bad recession with a commercial real estate bust (thanks to years of overzealous building). (See pictures of Americans in their homes...
...revenues sank and casinos laid off staff. Sheldon Adelson, chairman of casino operator Las Vegas Sands, was forced to halt his $12 billion plan to build an Asian version of the Las Vegas Strip on a stretch of reclaimed land called Cotai due to financing woes. The boomtown went bust...