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An emailer’s prediction

When this economic apocalypse subsides, what will remain?

An e-mailer who goes by title of “ajd” doesn’t think much will be left of Las Vegas.

“When it’s all over, it will be El Cortez and the South Point that will be left standing! Unbelievable management decisions.”

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Caesars new CEO appears to be in for the long term

Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.