Sports is more ubiquitous than ever on television. And sports is almost the only thing that's left, live, on TV. NBC Universal is even going to let Americans see the Olympics live this year.
Nevertheless, despite TV's charm, last week as Andy Murray, Great Britain's homeboy, drew closer to making the Wimbledon final, the word was that tickets for actual Centre Court seats would be scalped for up to £32,000 a pair. If you're not hanging around the currency exchange market, that comes to something like $50,000. For two tickets. To a game.
A report from a consumer group released today says that vulnerable owners are losing their homes for owing as little as $400 in back taxes.
The AP reports:
"Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the National Consumer Law Center said in a report being released Tuesday.