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CITY OF LAS VEGAS STUDENT CERAMICS EXHIBIT, HOLIDAY SALE ON DEC. 11

Article from: US Fed News Service, Including US State News Article date: November 17, 2008

The city of Las Vegas issued the following press release:

The public is invited to attend the city of Las Vegas Student Ceramics Exhibit and Holiday Sale. This exhibit will include art pieces created by all levels of students participating in ceramics classes at either Reed Whipple Cultural Center or East Las Vegas Community/Senior Center. The exhibit opens with a reception to meet the artists on Thursday, Dec. 11, from 5 to 7 p.m. at the Reed Whipple Cultural Center, located at 821 Las Vegas Blvd. North. This gallery exhibit is free and open to the public.

The exhibit will be curated by two ...

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Investors Throw Dice on Jacko's Vegas Comeback

Posted Jun 13, 08 8:46 AM CDT in Arts & Living,  Gossip,  Business 

Investors Throw Dice on Jacko's Vegas Comeback
Source: AP Photo/Mark J. Terrill, File

(Newser) – A Las Vegas comeback could be in the cards for Michael Jackson if a private equity firm has its way, the Wall Street Journal reports. A firm that owns the Las Vegas Hilton and a big stake in a casino company bought $23 million of Jackson's debt last month and is now in talks with the singer about an Elvis- or Celine-style residency on the Strip.

The company wants the exiled King of Pop, now holed up in rural Nevada, to ditch the image-tarnishing Neverland ranch and consider comeback options—including performing up to 180 gigs yearly in a purpose-built theater or building a Vegas show around his tunes. If the singer, who has shunned the spotlight since his 2005 child-molestation trial, consents to the plans, a Thriller Casino could be on the way, the firm tells the Journal.

More about:  Las Vegas • private equity • singer • Michael Jackson • comeback • private equity firms • Neverland

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Private Equity Giants See Big Payday—If They Don't Go Bust

All the major players
have survived so far

Vanity Fair Vanity Fair Jan 2, 09 12:31 PM CST
(Newser) - None of the major players in the "shadow banking" world of private equity—the likes of Blackstone, Carlyle, and KKR—has yet gone bust, and the guessing game of which one will be first is well under way, reports Newser founder Michael Wolff in Vanity Fair . Don't hold your breath. The industry may indeed be "looking at imminent catastrophe and ruination," notes Wolff, but given the greater opportunities for bluffing in private equity, these firms just might be ideally suited to profit from everyone else's ruin. More »

More about:  private equity • Blackstone Group • Carlyle Group • private equity firms • KKR

 Jackson Parts With Neverland 

Deed turned over to firm owned in part by Vegas real estate firm

E! Online E! Online Nov 13, 08 3:46 AM CST
(Newser) - Michael Jackson's Neverland dream is over, E! Online reports. The star has handed the deed for his now run-down 2,500-acre California ranch to a company owned partly by himself and partly by the real estate firm that owns the Las Vegas Hilton—sparking rumors that a ranch comeback could be on the cards. The site, once home to a thriving zoo and state-of-the-art amusement park, will be renamed the Sycamore Valley Ranch. More »

More about:  celebrity • Michael Jackson • ranch • Neverland

Credit Crisis Spells Disaster for Private Equity Firms

Debt tightens as profits fall for many acquired companies

New York Times New York Times Nov 3, 08 11:30 AM CST
(Newser) - After a nearly 3-year buyout spree, private equity firms are facing tightened credit conditions just as slumping consumer spending squeezes many of their acquisitions, the New York Times reports. The leveraged-buyout bubble that culminated in $796 billion in deals in 2007 is bursting, leading to a grim reckoning as firms saddled with the debt used to buy them are unable to secure fresh credit to weather the downturn. More »

More about:  Financial Crisis • credit crisis • private equity • debt • buyout • private equity firms • leveraged buyouts

SPONSORED NEWS ARCHIVE

IN BRIEF: Jackson's Neverland loan bought.(News) (Daily Post (Liverpool, England))

Neverland foreclosure auction canceled (Redlands Daily Facts)

Jacko to wipe out Neverland loan with Elvis-style comeback in Vegas (The Hindustan Times)


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