Creators of Credit Crisis Revel in Las Vegas
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The 5th annual conference of the American Securitization Forum was a celebration of the wizardry that turns risky loans into securities, but does not always make them safe.
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When the N.B.A. hit Las Vegas, it took along thousands of sponsors, reporters, officials, family members and entourages. Dwayne Wade brought his brand.
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Just before a global credit squeeze roiled US financial markets this summer, an equally dramatic financial crisis threatened Second Life, the much-hyped online world.
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Staying unruffled amid credit calamity? Priceless.
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Despite the shaky state of world financial markets, there are still plenty of people willing to spend millions of dollars to put Impressionist, Modern or contemporary art on their walls.
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Imagine piling up thousands of dollars in new credit-card bills - while insisting with a straight face that the family&#39;s finances are just fine.
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They&#039;ve endured hurricanes and blizzards, labor strikes and a parking garage collapse. If there&#039;s one sure thing in a city of uncertain ones, it was always this: Casinos find a way to keep the dice rolling.
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The Republican National Convention, which opens Monday at Madison Square Garden in midtown Manhattan, is being bankrolled and feted to an extraordinary degree by the financial services behemoths that are concentrated at the island's southern tip.
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A collective of gamers is hoping to purchase the online game Ryzom to save it from bankruptcy.
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Casinos on the Las Vegas Strip, the  heart of the U.S. gambling industry, are starting to feel the  pinch from a slower economy and high fuel prices after a  two-year run with Lady Luck.
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When Michael Aaron learned that Wall Street investment banks were going to be shelling out record bonuses this holiday season, the savvy wine merchant uncorked his own plan to make serious dough.
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Investor delight at a concerted central bank effort to relieve jammed money markets fizzled out on Thursday with experts saying the credit crisis would only end when commercial banks trusted each other again.
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LONDON -- They call themselves "the haves and the have yachts": rich London bankers and traders who drop tens of thousands of dollars for an evening of cocktails and hire "personal concierges" to get their girlfriends dresses like those worn by movie stars.
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A collective of gamers is hoping to purchase the online game Ryzom to save it from bankruptcy
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Sky-high interest rates on credit cards can make a mountain of debt seem insurmountable. Eventually for some, it is.
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In the early 1990s, Los Angeles' area Commerce Casino was a hot bed of activity. At the time, the casino was just a card room where low and high stakes poker was played. Off to a side room, the last dying breath of high-stakes Backgammon was still being played, and mostly by some of the top players in the world including "Action" Dan Harrington.   The casino was very popular and a lot of top players would play there when they were visiting the LA area. This caused a problem - lines for games, especially Poker, would get too long and players would get impatient.  The owner of the casino, a man I've never met, came up with a brilliant idea: install several pinball machines to keep the waiting list happy.
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The credit crisis appears to be knocking on the doors of commercial educators.