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Hilton to skip out on taxes to pay its mortgage

February 27, 2013
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Hilton to skip out on taxes to pay its mortgage

The Baltimore Business Journal and the Sun are both reporting that the city will bail out its city-funded Convention Center Hilton Hotel this year to the tune of $1 million. “I expect it’s going to be an ongoing thing for a period of time,” Finance Director Harry Black told the Sun. Adding for the...
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Posted in The News Hole | 321 Comments »

We’ll Call Them, um, “Bail Bonds”?

April 9, 2009
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We’ll Call Them, um, “Bail Bonds”?

| Image by Newtonian Finances Ltd The New York Times has a story about the Obama Administration’s propsal to allow ordinary folks to invest in the bank bailout: As part of its sweeping plan to purge banks of troublesome assets, the Obama administration is encouraging several large investment companies to create the financial-crisis equivalent...
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Posted in Crash Course | 352 Comments »