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May 01, 2003
Thursday
 
 
Brothels on the bourses
Johnathan Pearce (London)  Aus/NZ affairs
Trackbacks to this post (1)

Today, it is May 1, the day when we celebrate the greatest thing to benefit the living standards, opportunities and happiness of ordinary working people - capitalism.

I could wax lyrical, cite lots of clever books and such like, but I thought this item, via Reuters, surely says it all.

Shares of the bordello enterprise, which hired Hollywood Madam Heidi Fleiss to spice up its stock listing and touts itself as a recession-proof, five-star hotel, doubled on their first day of trading on Thursday.

About 1.4 million shares of the company -- called The Daily Planet -- changed hands.

"Obviously the price is going to go up. It's sex...and everyone knows sex is a smart investment," Fleiss told reporters just before the shares started trading.

God bless capitalism!

Comments

MmmmMay Day. It's raining here. Some local marches by the "opressed" workingclass (which is just plain bs) was cancelled. Hooraay.

Speaking about stock markets... This dude has it aaaall set. Go read :-)


Posted by Johan at May 1, 2003 03:54 PM

Johan, that is an astonishing story!


Posted by David Carr at May 1, 2003 04:01 PM

Johan, that is an astonishing story!


Posted by David Carr at May 1, 2003 04:03 PM

Indeed! This makes it even more creepy;

"...SEC source admits, "No one can find any record of any Andrew Carlssin existing anywhere before December 2002."

a well planned bogus if he doesn't even exist, before now that is :)


Posted by Johan at May 1, 2003 04:11 PM

I remember reading not long ago that the time-traveller insider-trading story is in fact a hoax which was picked up by a few news agencies. I tried Google but I haven't been able to find a webpage which confirms that this story is a hoax but I think that more careful investigation will reveal that it most certainly is. Some sort of early April Fool's Day thing it would appear.


Posted by Stephen Hodgson at May 1, 2003 04:41 PM


Here is whate snopes has to say regarding the time travel dude.


Posted by zack mollusc at May 1, 2003 04:45 PM

The Daily Planet? Isn't that the newspaper that Superman works for? :-)


Posted by Ken Hagler at May 1, 2003 04:57 PM

HAHAHAHAHA. Yahoo carried a story Weekly World News. HAHAHAHAH. They're a tabloid known for such hard-hitting news as "Satan Escapes from Hell" and "Half-Man Half-Alligator". HAHAHAHA.
WWN


Posted by Andy at May 2, 2003 07:12 AM