Quick post here with a variety of topics...
NBA referee Tim Donaghy pleaded guilty today to two felony charges in connection with the NBA betting scandal. He could get up to 25 years in prison. The question is how does the NBA repair its image? I know for sure when I go to the Wizards games this year at Verizon Center I am going to heckle the referees just for the fun of it. Here's an off-the-wall solution. Have no referees. Let the players call their own fouls. Come on. Its done in pickup games around the world everyday. These guys are professionals, right? No, but seriously in my opinion I don't think that this is more widespread than Donaghy. If it is I think he is going to try to bring down as many people with him as he can. He'd just better make sure he's in jail first, otherwise the Mafia is going to be after him.
In other news the U.S. stock market has been falling faster than Pacman Jones' NFL career. The S&P 500 pretty much erased its gains up until this point this year. One thing to take note of is that if you're looking to buy now might be the time. If you're already in I'd probably say don't look and wait it out. I know my portfolio is down right now but you've got to think long-term.
Plan for the rest of the night is to start reading The Autobiography of Malcom X and watch Becks and the Galaxy play the United again for the second week in a row. There we go. Malcolm X and MLS. What a great way to wind down the day.
And finally, former MLB player Jose Offerman decided to get himself arrested by wielding his bat at an opposing pitcher and catcher (see photo above).
1 comment:
The new report on Donaghy is that he's alleging around 20 refs were actively involved in gambling. The reports are vague on the extent (wagering on sports vs. standard vegas type gambling), but it looks like he will try to bring as many people down with him as possible. For now it looks like the direct fixing of games/point spreads is only on him.
Regarding stocks:
There is just so much uncertainty in the stock market right now. It is probably not the best time to make any sweeping changes. This volatility should prove to be a wake up call to those who are taking on more risk than they were comfortable with. For the past year and half, all stocks did was steadily climb. Now we're getting 5% drops in a matter of days. Depending on your time frame, I agree this could be a nice buying opportunity.
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