<I>The Golden Gate Bridge prepares to turn 75.</I>
Barroom brawls used to be an integral part of the cinematic formula for a Western movie, but the one and only time the World's Laziest Journalist witnessed a real life mêle'e in a tavern occurred just about fifty years ago. The long dormant memories were quickly revived this past week during an effort to assess the trend spotting potential for connecting several business news stories from the San Francisco Bay area.
The Golden State Warriors (ne'e Philadelphia Warriors) announced that since they have gotten a sweetheart real estate deal in Frisco, it was time to say adios to Oakland. It seems that the team owners will be gifted with some prime property on the waterfront and will provide their own funding for the construction of a new sports stadium entertainment complex in the postcard perfect setting.
The dramatic business news development occurred in "sucker punch" quick fashion this week. On Monday, the sports reporters were saying that something was developing. On Tuesday, a press conference on a pier on the bayside of fog city was being held.
The Sacramento Kings are scrambling to get a development deal from their hometown. In Los Angeles, efforts to get the L. A. City Council to build a football stadium in the downtown area and make offers to lure a new tenant into it, are a recurring political refrain. The Forty-niners football team has announced plans to split from San Francisco.
On Tuesday morning, John Madden, on his daily radio commentary show on KCBS radio, noted that Oakland had been there for professional sports in the past and that some reciprocal loyalty seemed to be conspicuous by its absence.
Meanwhile the business news seemed to be obsessing on the Facebook stock imbroglio. It seems that one particular company advised their best clients to sit on the bench while the suckers took a bath. The good ole boys take care of their own; the rest can fend for themselves. Business has adopted W. C. Field's advice, "Never Give a Sucker and even break," as the new code of ethics.
Jamie Diamon (Jamie Diamond sounds like a good name for a go-go dancer, eh?) and his merry band of pranksters seem to be positioning their company for a new rendition of the ever popular "Too Big to Fail" song and dance routine that precedes a bid for a government bail-out.