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State of Alabama to Gamble Pensions on Your Willingness to Pay $35 For a Movie

Mere days after MPAA mascot Dan Glickman and pals around town swore up one side and down the other that movies are a relatively inexpensive, recession-proof industry, a group of brass-balled fate tempters — including "the Retirement Systems of Alabama pension fund" (we can't make this up) — are betting that even $35 tickets wont scare off potential patrons of their planned luxury chain. More »

2:18 PM on Wed Mar 26 2008
By STV
1,793 views, 19 comments