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scaredyclassic
Participantwe are library folk too, but, it’s nice to own also.
all our harry potter books have been read at least 5x each by threekids, so that’s 15 readings per volume, x 5 books? 75 readings.
i mean, the little one was so thrilled to have the new diary of a wimpy kid in hsi grubby little hands last nite….he will probably read it a dozen times….it’s worth it..
Participanti buy from amazon, sometimes, but we hang out at barnes and noble. so i feel bad not buying books there too… because we enjoy the ambience.
i would not buy any of my kids any tablet or smartphone.
Participanti figure i’ll get a little warning before they shut down.
i stopped by again to do my dastardly plan. problem; i got waylaid and started grabbing a bunch of books. next thing i knew I was at the checkout losing money on the whole transaction.
i love to buy all kinds of books.
like to leave them scattered around the house to entice children to peruse.
this deal is not going to work out. I will go in, buy gift cards, buy even more moneys worth of books today, get all caffeinated up, buy a nook and they’ll be bankrupt in january.
Participantthis does sound like a lot of work with some risk, but frankly, we spend far more money at barnes and noble every year than any other retailer, with exception of gas and groceries.
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BANKRUPTCY BEAT HOME PAGE »
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By Jacqueline PalankA bankruptcy judge said Borders doesn’t owe anything to the gift-card holders who didn’t use their cards before the retailer closed for good and who failed to file claims for the card balances by last year’s deadline.
Judge Martin Glenn of the U.S. Bankruptcy Court in Manhattan on Tuesday ruled against Borders gift-card holders who argued they were entitled to file their claims past the deadline because the retailer “did nothing” to reach out to them and “thousands” of other gift-card holders before it shut down last September. Borders opposed the request, arguing that the customers had plenty of time to use their cards or file a claim.
The judge said Borders wasn’t required to individually notify each and every gift-card holder that they were running out of time to use their cards, nor could it if it wanted to.
“Gift cards, as their name illustrates, are not intended to be used by the purchaser but are instead intended as gifts, so even if the debtors were able to identify the purchasers of the gift cards, they would have no way of tracing the ultimate recipients,” he wrote in his opinion. “And, in fact, the gift card holders, by their own admission, received their gift cards as gifts. Therefore, the debtors had no way of tracing their identities.”
Clint Krislov of Krislov & Associates in Chicago, who is representing the gift-card holders, expressed disappointment with the judge’s ruling, which he expects to appeal.
“We will pursue this further,” he told Bankruptcy Beat Wednesday.
As we reported earlier this year, gift-card holders said they tried to redeem their plastic for purchases last holiday season but, “much to their surprise,” found that the cards were no longer valid. Judge Glenn didn’t buy it; after all, Borders’ liquidation lasted months (and was in the news for months) before the last book was sold.
“The gift card holders had the opportunity to at least use their gift cards and mitigate their losses, and merely chose not to do so,” he wrote. “The claimants have provided no other credible reason for their lengthy delay in filing.”
Mr. Krislov said the delay shouldn’t be held against “ordinary consumers” whom he said Borders had the ability, through several databases filled with customer emails, to reach.
He added that it would have cost Borders no more than $25,000 to send out a blanket email notifying those customers of the claims deadline, which he said was a small price to pay on the chance that gift-card holders would be among those customers.
“We think that due process requires a reasonable effort to notify claimants whose existence was known and could have been notified,” he said.
The judge, however, ruled that the gift-card holders didn’t prove that those databases positively identified customers as gift-card holders, which he said didn’t trigger the requirement that Borders contact them.
Judge Glenn added that allowing the gift card holders to file late claims “would have a disastrous effect” on Borders’ effort to pay its creditors from the fruits of its liquidation. After all, Borders’s records indicated 17.7 million outstanding gift cards with unredeemed balances of some $210 million as of June 2011. The judge said adding these claims to the list would hurt the general unsecured creditors whose claims would rank below the gift-card claims; unsecured creditors are already slated to recover between 4% and 10% of what they’re owed.
ParticipantI’m going to stop by there on my rounds occasionally till the deal expires.
theoretically, I could get everyone in my family $1000 in transactions, earn $133 a day x 5 = 665, 3k a week, just stopping by there at night. i’d have a bunch of money invested in barnes and noble gift cards…
do the companies have to pay out gift cards in bankruptcy? how does that work?
Participanttrue. it could be a large scam. I got caught with $75 of pants i intended to return to j peterman when they declared bankruptcy about 12 years ago. they wouldnt take them back even when they came back in reorganized fashion. as long as we spend the money quickly though, it might be worth the risk.
but probably not a good plan for meeting all of your literary needs in retirement.
this scheme is technically limited by $1000 limit ofn gift card exchanges, but in reality, it’s limited only by your sense of shame in returning tot he cash register and your motivation to drive to other barnes and nobles when/if they cut you off…
Participantthe older i get the more difficult it is for me to blame a guy for responding to incentives.
Participantwhenever the nazi party is invoked, it should be a rule on the internet that the next response is “ov vey is mir!”
Participanti copied this thread and emailed it to my kid.
Participantyay.
Participantsomeone said…
This is why we have to make this count and screw up big time. There will be no second chance to screw up again.[/quote]
this seems to be the plan.
Participantwatches probably are a bad investment for the future, unless you arereal lucky and pick the right watch.
i happen to think Nomos brand are a good shot because the movements are not generic, they are entirely handmade. The price they charge for that much cooolness doesn’t strike me as excessive. still it’s a dumb retirement plan.
http://www.watchbuys.com/store/pc/nomoswatches.asp
More likely, you can buy the watch, wear it ten years, insure it, have it cleaned, and then sell it for a bit more than you paid for it, or maybe the same, if you are lucky. my best guess.
rolexes, now they seem priced pretty damn high for what they are.
inicedentally if you are looking for a non-fake rolex that looks a lot like a rolex, I wouldrecommend a sterile dial Parnis, based on watch chat group concensus.
buy that for a $100, save $6000 on a rolex, and put the 6k towarda rental property:
but really, only a wannabee would wear that.
the right property at the right price is probably about as good a place to put your money as any.
Participantnow that i think about it, I actually got a box of twinkies on sale for 2.50 at albertsons for 1/2 price and brought them to work. i gave most out. people were very excited tor eceive a free twinkie.
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