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Monday, April 28, 2008 --- 70 days ago http://www.bloggingstocks.com/2008/04/25/baghdad-disney-an-explosive-ride/
| Filed under: Rants and raves , Private equity Every so often, you hear about an idea that is so godawfully bad that you have to giggle. I'm not talking about minor stupidities like a Porsche minivan or a movie based on a video game. No, I'm talking monstrously bad, like McDonald's selling sushi, condoms marketed to Catholics, or beer made for toddlers: ideas that are so hideously terrible that they are epic. Here's an example: Llewellyn Werner, the Chairman of C3, a Los Angeles-based holding company for private equity firms, is investing $525 million into an amusement park in downtown Baghdad. You heard me right: Baghdad Disney. I'm not even going to go into the terrible jokes that this brings to mind, although I already have some great ideas for colorful characters that could wander through the park in big animal suits. Regardless, "The Baghdad Zoo and Entertainment Experience" will have a skateboarding area, a concert theater and a museum, and is being developed with the help of the group that built Disneyland. While I admire Werner's dedication to bringing fun and entertainment to the embattled residents of Baghdad, I can't help but wonder about the wisdom of building an American-style amusement park in an area where any reflection of American culture is a red flag. Werner, however, is convinced that the people of Iraq will embrace the lighthearted fun of his new venture. On the other hand, maybe he's right. "Baghdad Disne ... |
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