Newsweek columnist Sloan informs us (11.29) that the technical name for the tax-avoiding structure of the Kmart-Sears deal is ... Horizontal Double Dummy. In the immortal words of Dave Barry, I'm not making this up.
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.