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In economic news…nerds, athletes and bankrupt small businesses

November 2, 2009 - 11:32 am

Image.ashxJust a few economic notes that jumped out at me this morning from PRNewswire:

  • First off, Equifax Inc just ranked the San Diego-Carlsbad region as the FOURTH top city for small business bankruptcy. Equifax didn’t provide a number, but it did say that bankruptcies were up 4 percent this quarter.
  • Meanwhile, Chargers players are still raking in the dough. Defensive end Steve Gregory—whose contract is worth an estimated $1.8 million—is now shilling for his CPA. “Young athletes often aren’t prepared for managing and budgeting their high salaries. They’re thrown into this. It’s important to have financial advisors you can trust,” Gregory says, touting his relationship with Merryl Lynch, Bank of America and Piascik & Associates.
  • Finally,  nerd-corp Wizards of the Coast, the guys behind Magic: The Gathering, have partnered again with San Diego-based Sony Online Entertainment to release a new ” online, 3D turn-based strategy game played within the rich Magic: The Gathering Multiverse.” Yes, they said “multiverse” in a press release. Score one for San Diego’s dork economy.
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