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2:00PM Water Cooler 3/12/2021 | naked capitalism


Bird Song of the Day
This concludes Owl Week at the Naked Capitalism Water Cooler: A Great Grey Owl, Montana, along with what is either a very loud and persistent insect, or a drone!
#COVID19
At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site.
I feel I’m engaging in a macabre form of tape-watching. If we are in the eye of the storm, we are still in the eye of the storm.
Early in February, I said a simple way to compare Biden’s performance to Trump’s on vaccination would be to compare the slopes of the curves. If Biden accelerated vaccine administration, post-Inaugural slopes would get steeper. They have not. The fragmented, Federalized, and profit-driven lumbering monstrosity that we laughingly call our “health care” “system” has not responded to “energy in the executive,” but has continued on its inertial path. ....

New York , United States , Columbia University , West Virginia , Long Beach , Department Of Education , District Of Columbia , Yvette Clarke , Mona Lisa , Kristen Clarke , Carolyn Maloney , Frank Herbert , Jerry Nadler , Mondaire Jones , Grace Meng , Patricia Benner , Adriano Espaillat , Joe Biden , Los Angeles , Andrew Cuomo , Peter Daou , Rashida Tlaib , Roy Lichtenstein , David Brooks , Ron Kim , Jamaal Bowman ,

Apollo Bets on Las Vegas Recovery


Apollo Bets on Las Vegas Recovery
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Tony Bennett and
Steely Dan once performed is still dark. Players at the blackjack tables are separated by plastic partitions. The gondoliers offering rides along faux canals wear face masks and aren’t allowed to sing.
The Venetian Las Vegas isn’t the resort it was a year ago. But that didn’t stop
Apollo Global Management Inc. and its real estate partner,
Vici Properties Inc., from plunking down $6.25 billion to purchase the property, the neighboring
Palazzo and the adjacent
Las Vegas Sands Corp. last week. The deal surprised observers such as  ....

United States , Las Vegas , Elizabeth Blau , John Payne , Stephen Miller , Tony Bennett , Steve Sisolak , Vici Properties Inc , Vici Properties , Economic Research , Las Vegas Sands Corp , Caesars Entertainment Inc , Sands Expo Convention Center , University Of Las Vegas , Apollo Global Management Inc , Caesars Palace , Red Rock Resorts Inc , Genting Group Resorts World , Caesar Linq Hotel , Steely Dan , Venetian Las Vegas , Apollo Global Management , Las Vegas Sands , Governor Steve Sisolak , T Mobile Arena , Allegiant Stadium ,

Apollo Global, Vici Properties Bet $6.25B on Venetian Las Vegas


Apollo Global Management and Vici Properties are buying the Venetian Las Vegas for $6.25 billion.
Bloomberg | Mar 12, 2021
(Bloomberg) The theater where Tony Bennett and Steely Dan once performed is still dark. Players at the blackjack tables are separated by plastic partitions. The gondoliers offering rides along faux canals wear face masks and aren’t allowed to sing.
The Venetian Las Vegas isn’t the resort it was a year ago. But that didn’t stop Apollo Global Management Inc. and its real estate partner, Vici Properties Inc., from plunking down $6.25 billion to purchase the property, the neighboring Palazzo and the adjacent Sands Expo Convention Center from Las Vegas Sands Corp. last week. The deal surprised observers such as Stephen Miller, director of the Center for Business and Economic Research at the University of Las Vegas, Nevada. ....

United States , Las Vegas , Elizabeth Blau , John Payne , Stephen Miller , Tony Bennett , Steve Sisolak , Vici Properties Inc , Vici Properties , Economic Research , Las Vegas Sands Corp , Caesars Entertainment Inc , Sands Expo Convention Center , University Of Las Vegas , Apollo Global Management Inc , Caesars Palace , Red Rock Resorts Inc , Genting Group Resorts World , Caesar Linq Hotel , Steely Dan , Venetian Las Vegas , Apollo Global Management , Las Vegas Sands , Genting Group , Resorts World , Governor Steve Sisolak ,