Monday, July 07, 2008

Investment Banker Afterglow

A publicly-traded (!!) sex clinic exhausts its funding and closes.

"Assets are in the hand of a lender..." Heh! I'll bet...

Leave it to Wall Street to recognize that 'PE' is not only a ratio comparing a stock's price to its earnings; it's also the first two letters of the Street's favorite sex organ. I guess it's true: you can monetize anything. But sometimes you shouldn't.

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