“-Blackpool had the best case, proved it and still lost”- is a sentiment shared by a town in shock at the decision to award the lucrative prize to Manchester. Our North West neighbours were, said the CAP, the best bet on all counts –- for helping assist regeneration of a poor district and as the social impact test bed for Las Vegas-style glitz and gambling. Not so, say MPs, council leaders and Gazette readers who today made an 11th hour appeal to Culture Secretary Tessa Jowell to think again ahead of the crucial Parliamentary vote on the matter.
The City of Paris, too, had the best case in bidding for hosting the 2012 Olympics —-it lost to London. The error (or “-bias”-?) is to think that small, secretive committees only judge on merits.
–->- Beware event derivatives whose expiry is based on the decision of a group of people…- you know close to nothing about. (((Psstt…- I will talk to you, later on, about…- event derivatives whose expiry is based on the decision of a group of people…- you know everything about. Ha! ha! ha! I’-m serious. It’-s the high end of my concept of X Groups.)))