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Posted
Arguably, the worst single financial deal in the history of mankind. 

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I don't know. The British deal to fund Delorean's Northern Ireland plant was pretty horrible. And then there's the whole "Manhattan for beads" deal...

Posted
And then there's the whole "Manhattan for beads" deal...

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Worked out well for the oppressor though. Sometimes win--lose deals happen.

 

Take Rob Johnson for instance. Please! (Henny Youngman reference for the old timers)

Posted
Worked out well for the oppressor though.  Sometimes win--lose deals happen. 

 

Take Rob Johnson for instance.  Please! (Henny Youngman reference for the old timers)

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:lol:

 

80% of the posters right now are scratching their heads and asking themselves "Henny Youngman? Was he on last season's American Idol?"

Posted

Considering that the City of Rochester will be out about $30MM when all is said and done, I don't really mind the $24,000 / day to give the new administration time to TRY to get the deal right this time. My gut feel is that there's the potential for the City to lose roughly another $5-10MM if they don't get the sale correct. At $24k/day (if Channel 13's #'s are correct, my guess is that they are high), it gives them somewhere between 20 - 40 days of "planning" time, before they would have been better off doing a Johnson and just jumping into the sale with both feet.

Posted
Considering that the City of Rochester will be out about $30MM when all is said and done, I don't really mind the $24,000 / day to give the new administration time to TRY to get the deal right this time.  My gut feel is that there's the potential for the City to lose roughly another $5-10MM if they don't get the sale correct.  At $24k/day (if Channel 13's #'s are correct, my guess is that they are high), it gives them somewhere between 20 - 40 days of "planning" time, before they would have been better off doing a Johnson and just jumping into the sale with both feet.

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Is your Dad the Mayor of Rochester?

Posted
:flirt:

 

80% of the posters right now are scratching their heads and asking themselves "Henny Youngman?  Was he on last season's American Idol?"

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Was this the guy that said something to the effect of:

 

"When I read about the evils of drinking, I gave up reading. "

Posted
Arguably, the worst single financial deal in the history of mankind. 

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The history of mankind doesn't know there is an "upstate" New York.

Posted
Is your Dad the Mayor of Rochester?

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For out of area folks, it was the former mayor, "Edsel" Johnson, who brokered the original Fast Ferry deal. The first sign that they might not have thought things out was when it did not fit through the St. Laurence Seaway locks to get onto Lake Ontario, without spreading butter on the sides. :lol:

 

Current mayor Duffy was very influential in killing it before it bled taxpayers even more.

 

And no, he is not MY dad either. :lol:

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