Although our desire is for others to be irritated (We're in an almost constant state of irritation as is.) this is irking us.
We'd as soon not have the PLA owning "our" former Brooklyn Bums, thenkyew veddy much.Frank McCourt is offered $1.2 billion for Dodgers
The all-cash bid comes from Bill Burke, founder of the L.A. Marathon, plus 'state-owned investment institutions of the People's Republic of China' and unidentified American investors, a letter sent to Frank McCourt says. Burke and a spokesman for McCourt have no comment.
Nor are we that happy about Bill Burke, either.
[T]he L.A. Marathon has no roots in the local running community, no runners' advisory boards, not even a local running club as a sponsor. Instead, the L.A. Marathon was created out of thin air, legislated into existence almost overnight by a City Council still intoxicated by the "spirit of the Olympics," not to mention the prestige and money that the event brought to Los Angeles. And while such glamour events as Boston and New York command sizable corporate sponsorships, none can match the L.A. Marathon for its ability to mold itself to the needs of Fortune 500 companies, marketing firms and public relations outfits. "The Los Angeles Marathon was created from a top-down process, rather than the usual bottom-up fashion," observes Jeff Darman, a noted road-racing expert. "It's not as much a race as it is a marketing organization."Bet the Chinese love that.
4 comments:
I haven't googled Burke yet but do you know how he makes his money? It's not owning friggin parking lots is it?
I hope the MLB is entertaining other offers but you have to admit this is am awesome offer and ALL CASH! The Mariners major owner is in Japan..but Japan isn't a dictatorship..however, it does set precedence for ownership outside the US.
Nationalism Editor:
It's one thing if the Chicoms hold all the T-Bills, but let's keep the greedy owners on our side of the Pacific.
No, I agree but like I said..there is now precedent for outside the US ownership. I think if Frankie baby goes for it, the MLB ownership just might..and that drives me nuts too.
Also..do you know how Burke makes his moolah? Or do I have google him again, as I didnt find squat on my first try.
Corruption Investigation Editor:
Worse than we thought:
In 1972, Dr. Burke founded and for two years presided over the American Health Care Delivery Corporation. From the health care profession, Dr. Burke’s career interests turned to the gold mining industry. He accepted the Chairman of the Board at Genesis International, a Los Angeles-based real estate and mining development holding company. Then from 1981-84 he supervised the planning and construction of mining concessions in Liberia, West Africa for the World Mining Development.
Well-connected, too:
Dr. Burke is married to retired Los Angeles County Supervisor and former Congresswoman Yvonne Brathwaite Burke.
Seems as if he gets his clams from fronting for the wealthy. No one would bribe Supe Burke, they just give her hubby nice jobs & money.
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