One of the more interesting things about the inter-tubes is that a great many things manage to find their way to the public than in the old days of public records being buried in musty court house basements .
For example, given the horrific year Freddie Mac (FRE) is having (down 53% YTD as of Friday’s close), they probably don’t want the world to know about what appears to be a rather not inexpensive soiree at shareholders’ expense at the Ritz Carlton, via W:
It’s not a news story; it’s something I witnessed personally. Freddie Mac lost $2B last quarter and plans to lose another $2B next quarter on $9B in revenue (20% losses).
To celebrate, they threw a decadent holiday party at the Ritz Carlton in exclusive McLean, VA. They had a laser printer that printed pictures on chocolate lollipops for the kids, hors d’oeuvres, entertainment. You’d think it was the Goldman Sachs partners dinner.
Alas, it was a Government Sponsored Enterprise pissing away money right before they’re going to need a taxpayer bailout:
Those damn tubes!
What’s that you say? One night only?
Unfortunately, it is true: Robert Plant, not Zeppelin, is touring in May 08 with album mate Allison Kraus.
As previously mentioned, I am an enormous Led Zep fan. However, despite having seen a bazillion concerts, to my everlasting regret, I never managed to see Zep live.
This was going to be my big chance.
To make matter worse, the reviews from the show in London have been spectacular:
While a tour seems to be on hold (at least for now), Zep’s album sales have skyrocketed in the UK: Music retailer HMV also revealed that sales of Led Zeppelin’s Mothership 2CD/1DVD, Led Zeppelin’s recent compilation album, rose by 50% overnight following the gig. Mothership was the biggest selling album in HMV stores in the UK on December 11.
And, the rest of the band’s album sales were up 500%, as fans snapped up the back catalogue after O2 Arena show, according to music site NME.
When old meets new, you can expect snafus, and this "happening" was not without a curious one: Zeppelin’s reunion concert clips were inadvertently pulled from YouTube; It turns out that an Anti-Piracy firm had the Zeppelin reunion videos removed "by mistake."
As always, videos after the jump.