For some reason I've always found it more interesting to see why things like businesses fail than to read about success stories. It's not even that I take any glee in their failure, so maybe it's an underdog thing? Anyway, in the first entry of yet another series I'll likely abandon at some point, we will take a brief look at some of the more prominent businesses/entities to disappear from existence. Up first is one that was the premiere example of its industry at one point, and one that was probably doomed from the start. Who: Eastern Airlines When: 1926 - 1991 What: Begun as a mail carrier for the U.S. Postal Service in the 1920s, Eastern grew to become a dominant force in commercial aviation by the 1950s. Its first CEO was famed World War I Flying Ace Eddie Rickenbacker
I had to read the headline twice to make sure it wasn't a typo, but apparently the NHL is looking to have MSG removed as owner of the New York Rangers. MSG sued the NHL last September, claiming that when the league took over promotional efforts for the Rangers they violated antitrust laws. So league commish Gary Bettman went mushroom cloud on MSG in retaliation and wants to kick them out. I didn't see his name listed in the article, but I wouldn't be at all surprised to see that James Dolan is involved in this somehow. Sorry Knicks fans, I searched Google and I didn't find anything about the NBA trying to duplicate the NHL's efforts. If anything, Dolan would have more time to focus on the Knicks if he lost the Rangers. Scary.
I'm not a huge basketball fan, but being in the New York radio & TV market and being a sports fan has made it nigh impossible to not know something of the disaster that was Isiah Thomas's reign as head coach and president of basketball operations for the New York Knicks. In four full seasons as the team president and two as head coach, Isiah's Knicks set new standards in futility, twice tying the team record for losses in a season (59 of 82 games). Playing in a city with a proud sports heritage, the Knicks became the real-life equivalent of the Washington Generals. But losing was only part of the humiliation - tawdry scandal and general piss-poor decision-making reared their ugly heads at every turn with Thomas. In trying to think of a sports executive who displayed equal pa...
Look, there are plenty of legitimate reasons for firing Don Imus from his radio show. He hasn't said anything remotely funny or interesting since...well, ever. He mumbles like a mental patient. He's out of touch, irrelevant, and just generally lame. And his ratings suck, to boot. I'm not interested in debating whether or not his so-called joke about the Rutgers women's basketball team was offensive, racist, or both. I'm sure to a lot of people it was. The bottom line is that although CBS was perfectly within their rights to fire him, they did so not because of any sense of moral outrage. So when any suit at CBS claims they were concerned about the impact Imus's words had on society or race relations or blah blah blah, you better believe it's so much bovine feces. No, this firing